After costs, if the gap returns to its 7d average, $10k−$109
spread now−0.129%7d average−0.167%fees + slippage, in and out−$113spread needed1.126%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance OPENAIUSDT | 1,607 | 0.0050 | pay 0.0050% / 8h | 6h 58m | $23.0M | $18.7M | 20x |
| Short | Gate OPENAI_USDT | 1,605 | 0 | get 0.0000% / 8h | 6h 58m | $51.9M | $58.8M | 50x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$12.92
- Funding while held
- −$1.5
- Slippage, 4 orders
- −$87.6
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$127.02
- Spread needed to break even
- 1.126%
Slippage from Binance: live order book, 14 min ago; Gate: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0050%
- Per $10,000 a day
- −$1.50
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 14 min ago | 1.80 bp | 33.2 bp −$33 | 88.3 bp −$883 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 2.74 bp | 39.1 bp −$39 | 363.4 bp −$3,634 | doesn't fit | doesn't fit |
OPENAI price on every exchange
against the cheapest. Click to use as the short leg.OPENAI on 21 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate OPENAI_USDTshort | −0.129% | 0.0000% | 8h | $51.9M | $58.8M | 50x | |
| Variational Omni OPENAI | −0.015% | +0.0050% | 8h | $2.5M | $193K | — | as long as short |
| Binance OPENAIUSDTlong | 0.000% | +0.0050% | 8h | $23.0M | $18.7M | 20x | |
| Phemex OPENAIUSDT | +0.007% | 0.0000% | 8h | $1.6M | $589K | 10x | as long as short |
| QFEX OPENAI-USD | +0.010% | 0.0000% | 1h | $1.2M | $353K | 10x | as long as short |
| Extended OPENAI-USD | +0.010% | +0.0048% | 1h | $133K | $656K | 10x | as long as short |
| HTX OPENAI-USDT | +0.023% | 0.0000% | 8h | $78K | $199K | 20x | as long as short |
| MEXC OPENAI_USDT | +0.031% | +0.0050% | 8h | $12.9M | $2.9M | 50x | as long as short |
| Aevo OPENAI-PERP | +0.033% | +0.0104% | 1h | — | — | 10x | as long as short |
| BloFin OPENAI-USDT | +0.062% | +0.0034% | 8h | $474K | $240K | 20x | as long as short |
Show all 21 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX OPENAI-USDT | +0.067% | 0.0000% | 8h | — | $2.6M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | +0.105% | +0.0189% | 1h | — | $3 | 5x | as long as short |
| Bitget OPENAIUSDT | +0.169% | 0.0000% | 8h | $5.4M | $4.5M | 20x | as long as short |
| KuCoin OPENAIUSDTM | +0.267% | +0.0050% | 8h | $368K | $56K | 20x | as long as short |
| Aster OPENAIUSDT | +0.272% | +0.0050% | 8h | $210K | $2K | 20x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.406% | +0.2168% | 1h | $251K | $96K | 5x | as long as short |
| OKX OPENAI-USDT-SWAP | +1.834% | 0.0000% | 8h | $5.1M | $1.0M | 20x | as long as short |
| Bybit OPENAIUSDT | +2.621% | 0.0000% | 8h | $765K | $150K | 25x | as long as short |
| Entropy io:OAI | +4.056% | +0.0281% | 1h | $7.6M | $1.1M | 6x | as long as short |
| Lighter RH OPENAI | +4.137% | +0.0032% | 1h | $3.1M | $4.9M | 5x | as long as short |
| Lighter OPENAI | +6.130% | +0.0008% | 1h | $1.4M | $254K | 5x | as long as short |
Binance OPENAIUSDT
Gate OPENAI_USDT
Variational Omni
Phemex
Extended
HTX
MEXC
BloFin
SunX
Deribit
Bitget
KuCoin
Aster
Coinbase International
OKX
Bybit
Lighter RH
Lighter