After costs, if the gap returns to its 7d average, $10k−$200
spread now−2.311%7d average−2.514%fees + slippage, in and out−$220spread needed2.201%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit OPENAIUSDT | 1,651.3 | 0 | get 0.0000% / 8h | 31m 25s | $785K | $134K | 25x |
| Short | Coinbase International OPENAI-PERP-INTX | 1,613.1 | 0.1544 | get 0.0193% / 1h | 31m 25s | $254K | $96K | 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
- −$231.1
- Funding while held
- $46.32
- Slippage, 4 orders
- −$199.11
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$404.89
- Spread needed to break even
- 2.201%
Slippage from Bybit: live order book, 15 min ago; Coinbase International: live order book, 18 min ago.
Cost of waiting
funding view- Funding /8h
- +0.1544%
- Per $10,000 a day
- +$46.32
- 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 Bybit live order book, 15 min ago | 12.40 bp | 74.7 bp −$75 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 18 min ago | 11.64 bp | 32.6 bp −$33 | 58.0 bp −$580 | 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 | −4.483% | +0.0050% | 8h | $359K | $57K | 20x | as long as short |
| Gate OPENAI_USDT | −3.033% | 0.0000% | 8h | $51.7M | $68.5M | 50x | as long as short |
| Phemex OPENAIUSDT | −2.835% | 0.0000% | 8h | $1.6M | $592K | 10x | as long as short |
| Extended OPENAI-USD | −2.815% | +0.0048% | 1h | $136K | $652K | 10x | as long as short |
| QFEX OPENAI-USD | −2.815% | −0.0008% | 1h | $1.2M | $388K | 10x | as long as short |
| Aster OPENAIUSDT | −2.811% | +0.0050% | 8h | $209K | $2K | 20x | as long as short |
| Binance OPENAIUSDT | −2.808% | +0.0050% | 8h | $23.2M | $18.4M | 20x | as long as short |
| Variational Omni OPENAI | −2.800% | +0.0050% | 8h | $2.6M | $191K | — | as long as short |
| MEXC OPENAI_USDT | −2.793% | +0.0050% | 8h | $12.9M | $2.9M | 50x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | −2.785% | +0.0422% | 1h | — | $3 | 5x | as long as short |
Show all 21 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX OPENAI-USDT | −2.767% | −0.2176% | 8h | $78K | $189K | 20x | as long as short |
| BloFin OPENAI-USDT | −2.758% | +0.0057% | 8h | $481K | $233K | 20x | as long as short |
| Aevo OPENAI-PERP | −2.747% | +0.0104% | 1h | — | — | 10x | as long as short |
| SunX OPENAI-USDT | −2.686% | 0.0000% | 8h | — | $2.6M | 10x | as long as short |
| Bitget OPENAIUSDT | −2.671% | 0.0000% | 8h | $5.4M | $4.8M | 20x | as long as short |
| Coinbase International OPENAI-PERP-INTXshort | −2.311% | +0.1544% | 1h | $254K | $96K | 5x | |
| OKX OPENAI-USDT-SWAP | −1.069% | 0.0000% | 8h | $5.1M | $1.0M | 20x | as long as short |
| Bybit OPENAIUSDTlong | 0.000% | 0.0000% | 8h | $785K | $134K | 25x | |
| Entropy io:OAI | +0.663% | +0.0258% | 1h | $7.5M | $1.1M | 6x | as long as short |
| Lighter RH OPENAI | +1.176% | +0.0032% | 1h | $3.1M | $5.0M | 5x | as long as short |
| Lighter OPENAI | +2.970% | +0.0032% | 1h | $1.4M | $254K | 5x | as long as short |
Bybit OPENAIUSDT
Coinbase International OPENAI-PERP-INTX
KuCoin
Gate
Phemex
Extended
Aster
Binance
Variational Omni
MEXC
Deribit
HTX
BloFin
SunX
Bitget
OKX
Lighter RH
Lighter