Funding you earn now, next payment 03:00 UTC+0.0074%/8h= +8.1% APRpaid last 24h −0.233%
Price spread now: Variational Omni against Coinbase International−0.107%7-day average −0.488% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.654%−$65 on $10k
+Price spread, last 4 days (all we have)−1.196%−$120 · spread now −0.107%, 7d avg −0.488%
=Together, before fees−1.850%+ Points / potential airdropVariational Omni: Active · farm board−$185 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Variational Omni is 0.382% dearer against Coinbase International than usual: you sell high and buy low: +$38 more if the spread goes back to its 7-day average of −0.488%. Mind the row above: over the last 3 days funding on this pair cost −0.654%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International OPENAI-PERP-INTX | 1,625.7 | −0.0024 | get 0.0003% / 1h | 39m 55s | $226K | $160K | 5x |
| Short | Variational Omni OPENAI | 1,624 | 0.0050 | get 0.0050% / 8h | 4h 39m | $2.6M | $766K | — |
Coinbase International OPENAI-PERP-INTX
Variational Omni OPENAIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Coinbase International. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $15.54
- Price spread: −0.107% → −0.488%
- $38.16
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $43.7
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Coinbase International: live order book, 18 min ago; Variational Omni: RFQ quote, 4 min ago. Net counts fees only.
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, 18 min ago | 11.10 bp | 16.2 bp −$16 | 53.8 bp −$538 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 3.02 bp | doesn't fit | 101.2 bp −$1,012 | doesn't fit | doesn't fit |
OPENAI on 22 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International OPENAI-PERP-INTXlong | −0.0024% | 1h | 1,625.7 | long leg | $226K | $160K | 5x | |
| QFEX OPENAI-USD | −0.0004% | 1h | 1,624 | −0.109% | $1.2M | $540K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,711.4 | +5.270% | $1.4M | $265K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,662.1 | +2.237% | $758K | $205K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,652.4 | +1.640% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,620.5 | −0.321% | $52.4M | $28.1M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,625.2 | −0.031% | $5.5M | $5.0M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,625 | −0.046% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,623.2 | −0.158% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,625.3 | −0.028% | $79K | $218K | 20x | as long as short |
QFEX OPENAI-USD
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUAL
HTX OPENAI-USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,623.9 | −0.111% | $1.6M | $545K | 10x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,678.8 | +3.261% | $2.7M | $6.2M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,623.5 | −0.135% | $144K | $736K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,629.8 | +0.248% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,623.9 | −0.112% | $22.9M | $17.9M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,623.9 | −0.116% | $13.0M | $3.2M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,625 | −0.046% | $376K | $70K | 20x | as long as short |
| Variational Omni OPENAIshort | +0.0050% | 8h | 1,624 | −0.107% | $2.6M | $766K | — | |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,620.8 | −0.307% | $3K | $146K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0054% | 8h | 1,622.4 | −0.203% | $474K | $281K | 20x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,623.7 | −0.129% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0201% | 1h | 1,669.4 | +2.686% | $7.6M | $2.3M | 6x | as long as short |
Phemex OPENAIUSDT
Lighter RH OPENAI
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
GRVT OPENAI_USDT_Perp
BloFin OPENAI-USDT
Aevo OPENAI-PERP
Entropy io:OAI