After costs, if the gap returns to its 7d average, $10k−$256
spread now+1.434%7d average+2.075%fees + slippage, in and out−$192spread needed1.920%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit OPENAIUSDT | 1,645.8 | 0 | get 0.0000% / 8h | 6h 25m | $759K | $197K | 25x |
| Short | Lighter RH OPENAI | 1,669.4 | 0.0032 | get 0.0004% / 1h | 25m 48s | $3.1M | $5.0M | 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
- $143.4
- Funding while held
- $0.96
- Slippage, 4 orders
- −$181.04
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$47.68
- Spread needed to break even
- 1.920%
Slippage from Bybit: live order book, 11 min ago; Lighter RH: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0032%
- Per $10,000 a day
- +$0.96
- 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, 11 min ago | 7.56 bp | 85.9 bp −$86 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 4 min ago | 2.55 bp | 11.7 bp −$12 | 127.8 bp −$1,278 | 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 | −2.766% | 0.0000% | 8h | $51.8M | $58.8M | 50x | as long as short |
| Phemex OPENAIUSDT | −2.637% | 0.0000% | 8h | $1.6M | $585K | 10x | as long as short |
| HTX OPENAI-USDT | −2.631% | 0.0000% | 8h | $78K | $199K | 20x | as long as short |
| Binance OPENAIUSDT | −2.628% | +0.0050% | 8h | $23.0M | $18.7M | 20x | as long as short |
| Extended OPENAI-USD | −2.617% | +0.0048% | 1h | $133K | $655K | 10x | as long as short |
| QFEX OPENAI-USD | −2.605% | 0.0000% | 1h | $1.2M | $347K | 10x | as long as short |
| MEXC OPENAI_USDT | −2.602% | +0.0050% | 8h | $12.8M | $2.9M | 50x | as long as short |
| BloFin OPENAI-USDT | −2.572% | +0.0031% | 8h | $477K | $240K | 20x | as long as short |
| Variational Omni OPENAI | −2.556% | +0.0050% | 8h | $2.5M | $196K | — | as long as short |
| Aevo OPENAI-PERP | −2.534% | +0.0104% | 1h | — | — | 10x | as long as short |
Show all 21 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit OPENAI_USDC-PERPETUAL | −2.526% | 0.0000% | 1h | — | $3 | 5x | as long as short |
| SunX OPENAI-USDT | −2.503% | 0.0000% | 8h | — | $2.6M | 10x | as long as short |
| Bitget OPENAIUSDT | −2.480% | 0.0000% | 8h | $5.4M | $4.5M | 20x | as long as short |
| Aster OPENAIUSDT | −2.261% | +0.0050% | 8h | $210K | $2K | 20x | as long as short |
| KuCoin OPENAIUSDTM | −2.122% | +0.0050% | 8h | $367K | $56K | 20x | as long as short |
| Coinbase International OPENAI-PERP-INTX | −1.960% | +0.2168% | 1h | $251K | $91K | 5x | as long as short |
| OKX OPENAI-USDT-SWAP | −0.662% | 0.0000% | 8h | $5.0M | $1.1M | 20x | as long as short |
| Bybit OPENAIUSDTlong | 0.000% | 0.0000% | 8h | $759K | $197K | 25x | |
| Lighter RH OPENAIshort | +1.434% | +0.0032% | 1h | $3.1M | $5.0M | 5x | |
| Entropy io:OAI | +1.574% | +0.0241% | 1h | $7.6M | $1.1M | 6x | as long as short |
| Lighter OPENAI | +3.574% | 0.0000% | 1h | $1.4M | $261K | 5x | as long as short |
Bybit OPENAIUSDT
Lighter RH OPENAI
Gate
Phemex
HTX
Binance
Extended
MEXC
BloFin
Variational Omni
Deribit
SunX
Bitget
Aster
KuCoin
Coinbase International
OKX
Lighter