data as of
Settings8H · net · $10k
Price arb /

OPENAI

RWAall OPENAI markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$183
spread now−0.032%7d average−0.017%fees + slippage, in and out−$182spread needed1.819%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance OPENAIUSDT1,605.80.0050pay 0.0050% / 8h6h 44m$23.0M$18.6M20x
ShortPhemex OPENAIUSDT1,605.30get 0.0000% / 8h6h 44m$1.6M$586K10x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$3.21
Funding while held
−$1.5
Slippage, 4 orders
−$159.95
Fee Binance: 5 bp × 2 orders
−$10
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$186.66
Spread needed to break even
1.819%
Slippage from Binance: live order book, 13 min ago; Phemex: live order book, 5 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 13 min ago2.05 bp27.5 bp −$2881.7 bp −$817doesn't fitdoesn't fit
Sell Phemex live order book, 5 min ago4.82 bp75.8 bp −$76doesn't fitdoesn't fitdoesn'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.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Gate OPENAI_USDT−0.156%0.0000%8h$51.8M$58.8M50xas long as short
Phemex OPENAIUSDTshort−0.032%0.0000%8h$1.6M$586K10x
Aevo OPENAI-PERP−0.011%+0.0104%1h10xas long as short
Binance OPENAIUSDTlong0.000%+0.0050%8h$23.0M$18.6M20x
Extended OPENAI-USD+0.001%+0.0048%1h$133K$656K10xas long as short
QFEX OPENAI-USD+0.001%0.0000%1h$1.2M$349K10xas long as short
MEXC OPENAI_USDT+0.005%+0.0050%8h$12.8M$2.9M50xas long as short
Variational Omni OPENAI+0.006%+0.0050%8h$2.5M$195Kas long as short
BloFin OPENAI-USDT+0.013%+0.0066%8h$476K$240K20xas long as short
Deribit OPENAI_USDC-PERPETUAL+0.017%0.0000%1h$35xas long as short
Show all 21 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
HTX OPENAI-USDT+0.020%0.0000%8h$78K$199K20xas long as short
SunX OPENAI-USDT+0.137%0.0000%8h$2.6M10xas long as short
Bitget OPENAIUSDT+0.147%0.0000%8h$5.4M$4.5M20xas long as short
Aster OPENAIUSDT+0.268%+0.0050%8h$210K$2K20xas long as short
KuCoin OPENAIUSDTM+0.351%+0.0050%8h$367K$56K20xas long as short
Coinbase International OPENAI-PERP-INTX+0.482%+0.2168%1h$251K$93K5xas long as short
OKX OPENAI-USDT-SWAP+2.005%0.0000%8h$5.1M$1.0M20xas long as short
Bybit OPENAIUSDT+2.661%0.0000%8h$765K$150K25xas long as short
Entropy io:OAI+4.128%+0.0234%1h$7.6M$1.1M6xas long as short
Lighter RH OPENAI+4.140%+0.0032%1h$3.1M$4.9M5xas long as short
Lighter OPENAI+6.166%0.0000%1h$1.4M$254K5xas long as short