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

OPENAI

RWAall OPENAI markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$174
spread now+3.647%7d average+4.176%fees + slippage, in and out−$121spread needed1.211%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International OPENAI-PERP-INTX1,613.60.2168pay 0.0271% / 1h47m 55s$251K$93K5x
ShortEntropy io:OAI1,672.40.0236get 0.0030% / 1h47m 55s$7.6M$1.1M6x

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
$364.72
Funding while held
−$57.96
Slippage, 4 orders
−$93.09
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Entropy: 9 bp × 2 orders
−$18
Net
$185.67
Spread needed to break even
1.211%
Slippage from Coinbase International: live order book, 56 min ago; Entropy: live order book, just now.

Cost of waiting

funding view
Funding /8h
−0.1932%
Per $10,000 a day
$57.96
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 Coinbase International live order book, 56 min ago19.06 bp44.5 bp −$4568.6 bp −$686doesn't fitdoesn't fit
Sell Entropy live order book, just now5.98 bp15.5 bp −$16doesn't fitdoesn't fitdoesn'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.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Gate OPENAI_USDT−0.630%0.0000%8h$51.9M$58.8M50xas long as short
Phemex OPENAIUSDT−0.495%0.0000%8h$1.6M$586K10xas long as short
BloFin OPENAI-USDT−0.485%+0.0064%8h$477K$240K20xas long as short
Aevo OPENAI-PERP−0.484%+0.0104%1h10xas long as short
Variational Omni OPENAI−0.482%+0.0050%8h$2.5M$192Kas long as short
QFEX OPENAI-USD−0.480%0.0000%1h$1.2M$349K10xas long as short
MEXC OPENAI_USDT−0.480%+0.0050%8h$12.8M$2.9M50xas long as short
Binance OPENAIUSDT−0.478%+0.0050%8h$23.0M$18.6M20xas long as short
Extended OPENAI-USD−0.476%+0.0048%1h$133K$656K10xas long as short
Deribit OPENAI_USDC-PERPETUAL−0.460%0.0000%1h$35xas long as short
Show all 21 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
HTX OPENAI-USDT−0.460%0.0000%8h$78K$199K20xas long as short
SunX OPENAI-USDT−0.356%0.0000%8h$2.6M10xas long as short
Bitget OPENAIUSDT−0.320%0.0000%8h$5.4M$4.5M20xas long as short
Aster OPENAIUSDT−0.155%+0.0050%8h$210K$2K20xas long as short
KuCoin OPENAIUSDTM−0.131%+0.0050%8h$367K$56K20xas long as short
Coinbase International OPENAI-PERP-INTXlong0.000%+0.2168%1h$251K$93K5x
OKX OPENAI-USDT-SWAP+1.360%0.0000%8h$5.1M$1.0M20xas long as short
Bybit OPENAIUSDT+2.195%0.0000%8h$765K$150K25xas long as short
Entropy io:OAIshort+3.647%+0.0236%1h$7.6M$1.1M6x
Lighter RH OPENAI+3.676%+0.0032%1h$3.1M$4.9M5xas long as short
Lighter OPENAI+5.668%0.0000%1h$1.4M$254K5xas long as short