Settings8H · net · $10k
Funding arb · Price arb /

OPENAI

RWAall OPENAI markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit−2.306%7-day average −2.913% · you buy dearer than you sell
Net, funding: paid 7d − costs−$219as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$2192.195% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.450%−$45 · spread now −2.306%, 7d avg −2.913%
Together, before fees−0.450%−$45 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.607% dearer against Bybit than usual: you sell high and buy low, +$61 on $10k if it goes back to its 7-day average of −2.913%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit OPENAIUSDT1,655.20get 0.0000% / 8h11m 00s$735K$268K25x
ShortBitget OPENAIUSDT1,617.10get 0.0000% / 8h11m 00s$5.3M$4.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −2.306% → −2.913%
$60.65
Slippage, 4 orders
−$196.48
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$158.83
Costs to cover
2.195%
Break-even
never at this rate
Slippage from Bybit: live order book, 24 min ago; Bitget: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 24 min ago13.90 bp28.1 bp −$28doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago1.73 bp61.0 bp −$61108.0 bp −$1,080doesn't fitdoesn't fit

OPENAI on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX OPENAI-USD−0.0005%1h1,615.5−2.399%$1.2M$627K10xas long as short
Lighter OPENAI0.0000%1h1,705.3+3.028%$1.4M$269K5xas long as short
Bybit OPENAIUSDTlong0.0000%8h1,655.2long leg$735K$268K25x
OKX OPENAI-USDT-SWAP0.0000%8h1,642.3−0.781%$5.1M$1.3M20xas long as short
Gate OPENAI_USDT0.0000%8h1,614.6−2.454%$45.5M$14.0M50xas long as short
Bitget OPENAIUSDTshort0.0000%8h1,617.1−2.306%$5.3M$4.5M20x
SunX OPENAI-USDT0.0000%8h1,616.7−2.327%$2.4M10xas long as short
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,616.3−2.351%$35xas long as short
HTX OPENAI-USDT0.0000%8h1,616.3−2.353%$79K$225K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,616.8−2.324%$1.6M$502K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH OPENAI+0.0032%1h1,672.2+1.025%$2.7M$6.2M5xas long as short
BloFin OPENAI-USDT+0.0035%8h1,615.9−2.376%$475K$294K20xas long as short
Extended OPENAI-USD+0.0048%1h1,615.1−2.423%$142K$806K10xas long as short
Aster OPENAIUSDT+0.0050%8h1,618.4−2.227%$211K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,615.7−2.388%$22.8M$16.7M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,615.7−2.386%$6.6M$5.0M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,616.3−2.353%$372K$72K20xas long as short
Variational Omni OPENAI+0.0050%8h1,616.2−2.360%$2.6M$760Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,616.4−2.346%$2K$176K10xas long as short
Coinbase International OPENAI-PERP-INTX+0.0072%1h1,623.7−1.902%$235K$174K5xas long as short
Aevo OPENAI-PERP+0.0104%1h1,615.3−2.413%10xas long as short
Entropy io:OAI+0.0122%1h1,665.2+0.603%$7.6M$2.3M6xas long as short