After costs, if the gap returns to its 7d average, $10k−$119
spread now+4.080%7d average+4.790%fees + slippage, in and out−$48spread needed0.481%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance OPENAIUSDT | 1,606.1 | 0.0050 | pay 0.0050% / 8h | 28m 39s | $23.2M | $18.4M | 20x |
| Short | Lighter RH OPENAI | 1,671.7 | 0.0032 | get 0.0004% / 1h | 28m 39s | $3.2M | $5.0M | 5x |
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
- $408.03
- Funding while held
- −$0.54
- Slippage, 4 orders
- −$38.11
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $359.38
- Spread needed to break even
- 0.481%
Slippage from Binance: live order book, 14 min ago; Lighter RH: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0018%
- Per $10,000 a day
- −$0.54
- 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 | 1.49 bp | 29.0 bp −$29 | 89.9 bp −$899 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 1 min ago | 3.50 bp | 7.5 bp −$7 | 172.0 bp −$1,720 | 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 | |
|---|---|---|---|---|---|---|---|
| KuCoin OPENAIUSDTM | −1.800% | +0.0050% | 8h | $359K | $57K | 20x | as long as short |
| Gate OPENAI_USDT | −0.311% | 0.0000% | 8h | $51.8M | $68.5M | 50x | as long as short |
| Variational Omni OPENAI | −0.077% | +0.0050% | 8h | $2.6M | $191K | — | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | −0.018% | +0.0210% | 1h | — | $3 | 5x | as long as short |
| Extended OPENAI-USD | −0.014% | +0.0048% | 1h | $136K | $652K | 10x | as long as short |
| Phemex OPENAIUSDT | −0.012% | 0.0000% | 8h | $1.6M | $593K | 10x | as long as short |
| HTX OPENAI-USDT | −0.008% | −0.2151% | 8h | $78K | $189K | 20x | as long as short |
| Aster OPENAIUSDT | −0.005% | +0.0050% | 8h | $210K | $2K | 20x | as long as short |
| Binance OPENAIUSDTlong | 0.000% | +0.0050% | 8h | $23.2M | $18.4M | 20x | |
| QFEX OPENAI-USD | +0.001% | −0.0008% | 1h | $1.2M | $385K | 10x | as long as short |
Show all 21 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC OPENAI_USDT | +0.016% | +0.0050% | 8h | $12.9M | $2.9M | 50x | as long as short |
| BloFin OPENAI-USDT | +0.048% | +0.0024% | 8h | $482K | $233K | 20x | as long as short |
| Aevo OPENAI-PERP | +0.066% | +0.0104% | 1h | — | — | 10x | as long as short |
| SunX OPENAI-USDT | +0.104% | 0.0000% | 8h | — | $2.6M | 10x | as long as short |
| Bitget OPENAIUSDT | +0.188% | 0.0000% | 8h | $5.4M | $4.8M | 20x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.433% | +0.1544% | 1h | $254K | $96K | 5x | as long as short |
| OKX OPENAI-USDT-SWAP | +1.778% | 0.0000% | 8h | $5.1M | $1.0M | 20x | as long as short |
| Bybit OPENAIUSDT | +2.854% | 0.0000% | 8h | $785K | $135K | 25x | as long as short |
| Entropy io:OAI | +3.528% | +0.0258% | 1h | $7.5M | $1.1M | 6x | as long as short |
| Lighter RH OPENAIshort | +4.080% | +0.0032% | 1h | $3.2M | $5.0M | 5x | |
| Lighter OPENAI | +5.844% | +0.0032% | 1h | $1.4M | $255K | 5x | as long as short |
Binance OPENAIUSDT
Lighter RH OPENAI
KuCoin
Gate
Variational Omni
Deribit
Extended
Phemex
HTX
Aster
MEXC
BloFin
SunX
Bitget
Coinbase International
OKX
Bybit
Lighter