After costs, if the gap returns to its 7d average, $10k−$117
spread now+4.283%7d average+4.488%fees + slippage, in and out−$96spread needed0.961%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International OPENAI-PERP-INTX | 1,560.9 | 0.0704 | pay 0.0088% / 1h | 27m 32s | $262K | $65K | 5x |
| Short | Lighter RH OPENAI | 1,627.8 | 0.0032 | get 0.0004% / 1h | 27m 32s | $3.1M | $4.9M | 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
- $428.35
- Funding while held
- −$20.16
- Slippage, 4 orders
- −$86.14
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $312.04
- Spread needed to break even
- 0.961%
Slippage from Coinbase International: live order book, 32 min ago; Lighter RH: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0672%
- Per $10,000 a day
- −$20.16
- 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, 32 min ago | 33.81 bp | 39.7 bp −$40 | 73.5 bp −$735 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 2 min ago | 1.90 bp | 3.9 bp −$4 | 78.6 bp −$786 | 265.2 bp −$26.5K | 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 | −1.115% | 0.0000% | 8h | $49.8M | $67.8M | 50x | as long as short |
| Variational Omni OPENAI | −1.102% | +0.0050% | 8h | $2.5M | $200K | — | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | −1.026% | 0.0000% | 1h | $2 | $2 | 5x | as long as short |
| Phemex OPENAIUSDT | −1.016% | 0.0000% | 8h | $1.6M | $578K | 10x | as long as short |
| MEXC OPENAI_USDT | −0.998% | +0.0050% | 8h | $12.3M | $2.9M | 50x | as long as short |
| Extended OPENAI-USD | −0.997% | +0.0048% | 1h | $134K | $645K | 10x | as long as short |
| Aevo OPENAI-PERP | −0.997% | +0.0104% | 1h | — | — | 10x | as long as short |
| QFEX OPENAI-USD | −0.989% | −0.0002% | 1h | $1.2M | $427K | 10x | as long as short |
| Binance OPENAIUSDT | −0.987% | +0.0050% | 8h | $23.0M | $15.2M | 20x | as long as short |
| BloFin OPENAI-USDT | −0.985% | +0.0056% | 8h | $469K | $216K | 20x | as long as short |
Show all 21 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster OPENAIUSDT | −0.962% | +0.0050% | 8h | $199K | $15 | 20x | as long as short |
| HTX OPENAI-USDT | −0.957% | −0.2314% | 8h | $61K | $186K | 20x | as long as short |
| Bitget OPENAIUSDT | −0.450% | 0.0000% | 8h | $4.6M | $4.3M | 20x | as long as short |
| SunX OPENAI-USDT | −0.435% | 0.0000% | 8h | — | $2.1M | 10x | as long as short |
| KuCoin OPENAIUSDTM | −0.302% | +0.0050% | 8h | $356K | $184K | 20x | as long as short |
| Coinbase International OPENAI-PERP-INTXlong | 0.000% | +0.0704% | 1h | $262K | $65K | 5x | |
| OKX OPENAI-USDT-SWAP | +1.167% | 0.0000% | 8h | $4.9M | $741K | 20x | as long as short |
| Bybit OPENAIUSDT | +2.467% | 0.0000% | 8h | $807K | $109K | 25x | as long as short |
| Entropy io:OAI | +4.030% | +0.0244% | 1h | $7.5M | $753K | 6x | as long as short |
| Lighter RH OPENAIshort | +4.283% | +0.0032% | 1h | $3.1M | $4.9M | 5x | |
| Lighter OPENAI | +6.563% | 0.0000% | 1h | $1.4M | $183K | 5x | as long as short |
Coinbase International OPENAI-PERP-INTX
Lighter RH OPENAI
Gate
Variational Omni
Deribit
Phemex
MEXC
Extended
Binance
BloFin
Aster
HTX
Bitget
SunX
KuCoin
OKX
Bybit
Lighter