Spread before costs (cost unknown: a leg has no order-book sample)+4.826%
7d average+5.611%if it closes, per $10,000$483funding while held, a day+$8.22
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget OPENAIUSDT | 1,551.7 | 0 | get 0.0000% / 8h | 1h 41m | $4.5M | $4.3M | 20x |
| Short | Entropy io:OAI | 1,626.6 | 0.0274 | get 0.0034% / 1h | 41m 49s | $7.6M | $767K | 6x |
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
- $482.63
- Funding while held
- $8.22
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- $460.85
- Spread needed to break even
- 0.300%
Slippage unknown: Bitget: live order book, 3 min ago; Entropy: live order book, 7 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0274%
- Per $10,000 a day
- +$8.22
- 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 Bitget live order book, 3 min ago | 0.48 bp | 23.0 bp −$23 | 51.2 bp −$512 | doesn't fit | doesn't fit |
| Sell Entropy live order book, 7 min ago | 5.22 bp | doesn't fit | doesn't fit | 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_USDT | −0.779% | 0.0000% | 8h | $49.8M | $67.9M | 50x | as long as short |
| Extended OPENAI-USD | −0.680% | +0.0048% | 1h | $132K | $650K | 10x | as long as short |
| QFEX OPENAI-USD | −0.675% | −0.0005% | 1h | $1.2M | $422K | 10x | as long as short |
| Aevo OPENAI-PERP | −0.668% | +0.0104% | 1h | — | — | 10x | as long as short |
| BloFin OPENAI-USDT | −0.661% | +0.0061% | 8h | $467K | $209K | 20x | as long as short |
| Variational Omni OPENAI | −0.649% | +0.0050% | 8h | $2.5M | $188K | — | as long as short |
| Phemex OPENAIUSDT | −0.648% | 0.0000% | 8h | $1.6M | $582K | 10x | as long as short |
| Binance OPENAIUSDT | −0.643% | +0.0050% | 8h | $22.9M | $15.4M | 20x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | −0.641% | 0.0000% | 1h | $2 | $2 | 5x | as long as short |
| Aster OPENAIUSDT | −0.641% | +0.0050% | 8h | $199K | $15 | 20x | as long as short |
Show all 21 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC OPENAI_USDT | −0.639% | +0.0050% | 8h | $12.3M | $2.8M | 50x | as long as short |
| HTX OPENAI-USDT | −0.628% | −0.2705% | 8h | $76K | $184K | 20x | as long as short |
| SunX OPENAI-USDT | −0.239% | 0.0000% | 8h | — | $2.3M | 10x | as long as short |
| Bitget OPENAIUSDTlong | 0.000% | 0.0000% | 8h | $4.5M | $4.3M | 20x | |
| Coinbase International OPENAI-PERP-INTX | +0.008% | +0.0792% | 1h | $255K | $77K | 5x | as long as short |
| KuCoin OPENAIUSDTM | +0.228% | +0.0050% | 8h | $357K | $59K | 20x | as long as short |
| OKX OPENAI-USDT-SWAP | +1.417% | 0.0000% | 8h | $4.9M | $719K | 20x | as long as short |
| Bybit OPENAIUSDT | +2.767% | 0.0000% | 8h | $794K | $109K | 25x | as long as short |
| Entropy io:OAIshort | +4.826% | +0.0274% | 1h | $7.6M | $767K | 6x | |
| Lighter RH OPENAI | +4.915% | +0.0032% | 1h | $3.1M | $4.7M | 5x | as long as short |
| Lighter OPENAI | +7.202% | 0.0000% | 1h | $1.4M | $186K | 5x | as long as short |
Bitget OPENAIUSDT
Gate
Extended
BloFin
Variational Omni
Phemex
Binance
Deribit
Aster
MEXC
HTX
SunX
Coinbase International
KuCoin
OKX
Bybit
Lighter RH
Lighter