After costs, if the gap returns to its 7d average, $10k−$253
spread now+2.175%7d average+2.510%fees + slippage, in and out−$220spread needed2.195%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International OPENAI-PERP-INTX | 1,633.7 | 0.1856 | pay 0.0232% / 1h | 55m 58s | $251K | $90K | 5x |
| Short | Bybit OPENAIUSDT | 1,669.3 | 0 | get 0.0000% / 8h | 5h 55m | $764K | $196K | 25x |
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
- $217.48
- Funding while held
- −$55.68
- Slippage, 4 orders
- −$198.52
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$57.72
- Spread needed to break even
- 2.195%
Slippage from Coinbase International: live order book, 43 min ago; Bybit: live order book, 40 min ago.
Cost of waiting
funding view- Funding /8h
- −0.1856%
- Per $10,000 a day
- −$55.68
- 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 Coinbase International live order book, 43 min ago | 12.09 bp | 18.1 bp −$18 | 52.4 bp −$524 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 40 min ago | 7.56 bp | 87.8 bp −$88 | 386.8 bp −$3,868 | 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 | −1.179% | +0.0050% | 8h | $368K | $60K | 20x | as long as short |
| Gate OPENAI_USDT | −0.555% | 0.0000% | 8h | $52.7M | $55.5M | 50x | as long as short |
| Variational Omni OPENAI | −0.485% | +0.0050% | 8h | $2.5M | $207K | — | as long as short |
| BloFin OPENAI-USDT | −0.382% | +0.0058% | 8h | $475K | $251K | 20x | as long as short |
| Phemex OPENAIUSDT | −0.381% | 0.0000% | 8h | $1.6M | $583K | 10x | as long as short |
| Binance OPENAIUSDT | −0.356% | +0.0050% | 8h | $23.2M | $19.9M | 20x | as long as short |
| Extended OPENAI-USD | −0.354% | +0.0048% | 1h | $135K | $655K | 10x | as long as short |
| Aster OPENAIUSDT | −0.346% | +0.0050% | 8h | $212K | $3K | 20x | as long as short |
| QFEX OPENAI-USD | −0.344% | +0.0012% | 1h | $1.2M | $353K | 10x | as long as short |
| MEXC OPENAI_USDT | −0.344% | +0.0050% | 8h | $13.0M | $2.9M | 50x | as long as short |
Show all 21 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX OPENAI-USDT | −0.327% | 0.0000% | 8h | $79K | $203K | 20x | as long as short |
| Aevo OPENAI-PERP | −0.297% | +0.0104% | 1h | — | — | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | −0.279% | +0.2554% | 1h | — | $3 | 5x | as long as short |
| SunX OPENAI-USDT | −0.240% | 0.0000% | 8h | — | $2.6M | 10x | as long as short |
| Bitget OPENAIUSDT | −0.177% | 0.0000% | 8h | $5.5M | $4.5M | 20x | as long as short |
| Coinbase International OPENAI-PERP-INTXlong | 0.000% | +0.1856% | 1h | $251K | $90K | 5x | |
| OKX OPENAI-USDT-SWAP | +1.388% | 0.0000% | 8h | $5.1M | $1.1M | 20x | as long as short |
| Bybit OPENAIUSDTshort | +2.175% | 0.0000% | 8h | $764K | $196K | 25x | |
| Entropy io:OAI | +2.533% | +0.0149% | 1h | $7.6M | $1.3M | 6x | as long as short |
| Lighter RH OPENAI | +2.590% | +0.0032% | 1h | $3.0M | $5.3M | 5x | as long as short |
| Lighter OPENAI | +4.493% | 0.0000% | 1h | $1.4M | $283K | 5x | as long as short |
Coinbase International OPENAI-PERP-INTX
Bybit OPENAIUSDT
KuCoin
Gate
Variational Omni
BloFin
Phemex
Binance
Extended
Aster
MEXC
HTX
Deribit
SunX
Bitget
OKX
Lighter RH
Lighter