Settings8H · net · $10k
Funding arb · Price arb /

OPENAI

RWAall OPENAI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRnext payment $0.50 per $10,000 · paid last 24h −0.015%
Price spread now: Bitget against Binance+0.074%7-day average −0.072% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.105%−$11 on $10k
Price spread, last 7 days−0.103%−$10 · spread now +0.074%, 7d avg −0.072%
Together, before fees−0.208%−$21 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.146% dearer against Binance than usual: you sell high and buy low (spread +0.074% now, against its 7-day average of −0.072%): +$15 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 9.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance OPENAIUSDT1,622.50.0050pay 0.0050% / 8h4h 15m$22.9M$17.9M20x
ShortBitget OPENAIUSDT1,623.80get 0.0000% / 8h4h 15m$5.5M$5.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$10.5
Price spread: +0.074% → −0.072%
$14.64
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$17.86
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 10 min ago; Bitget: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 10 min ago1.11 bp16.7 bp −$1756.8 bp −$568doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago1.51 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

OPENAI on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International OPENAI-PERP-INTX−0.0024%1h1,624.9+0.147%$226K$161K5xas long as short
QFEX OPENAI-USD−0.0004%1h1,622.7+0.011%$1.2M$547K10xas long as short
Bybit OPENAIUSDT0.0000%8h1,663.6+2.531%$755K$207K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,652.1+1.821%$5.1M$1.3M20xas long as short
Gate OPENAI_USDT0.0000%8h1,619.2−0.206%$52.4M$28.1M50xas long as short
Bitget OPENAIUSDTshort0.0000%8h1,623.8+0.074%$5.5M$5.0M20x
SunX OPENAI-USDT0.0000%8h1,624.1+0.096%$2.4M10xas long as short
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,623.1+0.032%$35xas long as short
HTX OPENAI-USDT0.0000%8h1,624.9+0.147%$79K$219K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,622.6+0.003%$1.6M$546K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter OPENAI+0.0008%1h1,713.8+5.622%$1.4M$266K5xas long as short
BloFin OPENAI-USDT+0.0027%8h1,624.2+0.101%$475K$285K20xas long as short
Lighter RH OPENAI+0.0032%1h1,681+3.601%$2.7M$6.2M5xas long as short
Extended OPENAI-USD+0.0048%1h1,622.2−0.022%$144K$736K10xas long as short
Aster OPENAIUSDT+0.0050%8h1,629.1+0.406%$212K$3K20xas long as short
Binance OPENAIUSDTlong+0.0050%8h1,622.5long leg$22.9M$17.9M20x
MEXC OPENAI_USDT+0.0050%8h1,622.4−0.008%$13.0M$3.2M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,625.3+0.171%$375K$70K20xas long as short
Variational Omni OPENAI+0.0050%8h1,622.2−0.023%$2.6M$766Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,623.9+0.086%$2K$150K10xas long as short
Aevo OPENAI-PERP+0.0104%1h1,622.5−0.004%10xas long as short
Entropy io:OAI+0.0247%1h1,675.5+3.263%$7.7M$2.3M6xas long as short