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

OPENAI

RWAall OPENAI markets
SwapFunding view
Alert
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Spread before costs (cost unknown: a leg has no order-book sample)+0.006%
7d average−0.015%if it closes, per $10,000$1funding while held, a day−$1.87
Long on BloFinShort on Phemex
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin OPENAI-USDT1,657.10.0062pay 0.0062% / 8h5h 18m$485K$268K20x
ShortPhemex OPENAIUSDT1,657.20get 0.0000% / 8h5h 18m$1.7M$587K10x

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
$0.6
Funding while held
−$1.87
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$25.27
Spread needed to break even
0.240%
Slippage unknown: BloFin: live order book, 14 min ago; Phemex: live order book, 1 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0062%
Per $10,000 a day
−$1.87
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 BloFin live order book, 14 min ago1.26 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Phemex live order book, 1 min ago4.59 bp58.0 bp −$58doesn't fitdoesn't fitdoesn't fit

OPENAI price on every exchange

against the cheapest. Click to use as the short leg.
KuCoin1,626.1cheapestVariational Omni1,627.9+0.109%Gate1,651.8+1.580%MEXC1,655.6+1.814%Extended1,657+1.896%
BloFin1,657.1+1.906%
Phemex1,657.2+1.912%
Bitget1,657.5+1.931%Aster1,657.6+1.938%Deribit1,658.6+1.999%Binance1,658.9+2.018%SunX1,659.1+2.028%Coinbase International1,659.2+2.037%QFEX1,660+2.083%Aevo1,660+2.085%HTX1,660.3+2.102%Entropy1,670.3+2.717%OKX1,682.4+3.461%Lighter RH1,689.6+3.906%Bybit1,697.7+4.399%Lighter1,718.9+5.704%

OPENAI on 21 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
KuCoin OPENAIUSDTM−1.870%+0.0050%8h$371K$63K20xas long as short
Variational Omni OPENAI−1.763%+0.0050%8h$2.5M$337K—as long as short
Gate OPENAI_USDT−0.319%0.0000%8h$53.6M$55.8M50xas long as short
MEXC OPENAI_USDT−0.090%+0.0050%8h$13.2M$3.0M50xas long as short
Extended OPENAI-USD−0.009%+0.0048%1h$137K$655K10xas long as short
BloFin OPENAI-USDTlong0.000%+0.0062%8h$485K$268K20x
Phemex OPENAIUSDTshort+0.006%0.0000%8h$1.7M$587K10x
Bitget OPENAIUSDT+0.025%0.0000%8h$5.7M$4.7M20xas long as short
Aster OPENAIUSDT+0.031%+0.0050%8h$216K$3K20xas long as short
Deribit OPENAI_USDC-PERPETUAL+0.092%+1.0144%1h—$35xas long as short
Show all 21 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Binance OPENAIUSDT+0.110%+0.0050%8h$23.7M$21.0M20xas long as short
SunX OPENAI-USDT+0.120%0.0000%8h—$2.6M10xas long as short
Coinbase International OPENAI-PERP-INTX+0.129%+0.1856%1h$248K$97K5xas long as short
QFEX OPENAI-USD+0.174%+0.0012%1h$1.2M$350K10xas long as short
Aevo OPENAI-PERP+0.176%+0.0104%1h——10xas long as short
HTX OPENAI-USDT+0.193%0.0000%8h$81K$206K20xas long as short
Entropy io:OAI+0.796%+0.0097%1h$7.5M$1.5M6xas long as short
OKX OPENAI-USDT-SWAP+1.526%0.0000%8h$5.2M$1.2M20xas long as short
Lighter RH OPENAI+1.963%+0.0032%1h$2.9M$5.8M5xas long as short
Bybit OPENAIUSDT+2.446%0.0000%8h$767K$211K25xas long as short
Lighter OPENAI+3.728%0.0000%1h$1.4M$316K5xas long as short