Settings8H · net · $10k
Funding arb · Price arb /

OPENAI

RWAall OPENAI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0058%/8h= −6.4% APRpaid last 24h −0.051%
Price spread now: Aster against Entropy−2.831%7-day average −4.298% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.495%−$50 on $10k
Price spread, last 4 days (all we have)−2.782%−$278 · spread now −2.831%, 7d avg −4.298%
Together, before fees−3.278%+ Points / potential airdropAster: Stage 5 · farm board−$328 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 1.466% dearer against Entropy than usual: you sell high and buy low (spread −2.831% now, against its 7-day average of −4.298%): +$147 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3 months. At the pace of the last 7 days (−0.495% in total) that is about 21 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongEntropy io:OAI1,670.50.0108pay 0.0014% / 1h19m 34s$7.6M$2.3M6x
ShortAster OPENAIUSDT1,623.20.0050get 0.0050% / 8h3h 19m$212K$3K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Entropy. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$12.28
Price spread: −2.831% → −4.298%
$146.65
Slippage, 4 orders
no order book: not counted
Fee Entropy: 9 bp × 2 orders
−$18
Fee Aster: 4 bp × 2 orders
−$8
Net
$108.37
Costs to cover
0.260%
Break-even
from the start
Slippage unknown: Entropy: live order book, 7 min ago; Aster: live order book, 32 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Entropy live order book, 7 min ago5.09 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 32 min ago47.41 bp94.3 bp −$94doesn't fitdoesn't fitdoesn't fit

OPENAI on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX OPENAI-USD−0.0001%1h1,619.5−3.056%$1.2M$575K10xas long as short
Lighter OPENAI0.0000%1h1,710.2+2.375%$1.4M$265K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,663.2−0.437%$755K$206K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,650.9−1.173%$5.1M$1.3M20xas long as short
Gate OPENAI_USDT0.0000%8h1,615.8−3.275%$52.3M$25.4M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,621.4−2.937%$5.5M$4.9M20xas long as short
SunX OPENAI-USDT0.0000%8h1,622.5−2.873%$2.4M10xas long as short
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,620.8−2.975%$35xas long as short
HTX OPENAI-USDT0.0000%8h1,620.7−2.982%$79K$221K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,619.5−3.051%$1.6M$535K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin OPENAI-USDT+0.0023%8h1,620.8−2.975%$473K$287K20xas long as short
Lighter RH OPENAI+0.0032%1h1,678.2+0.462%$2.7M$6.2M5xas long as short
Extended OPENAI-USD+0.0048%1h1,619.5−3.055%$142K$737K10xas long as short
Aster OPENAIUSDTshort+0.0050%8h1,623.2−2.831%$212K$3K20x
Binance OPENAIUSDT+0.0050%8h1,619.8−3.034%$22.8M$17.5M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,619.5−3.056%$13.0M$3.2M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,623.1−2.838%$375K$68K20xas long as short
Variational Omni OPENAI+0.0050%8h1,620.4−2.997%$2.6M$766Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,620.6−2.990%$2K$160K10xas long as short
Coinbase International OPENAI-PERP-INTX+0.0056%1h1,623.9−2.790%$226K$161K5xas long as short
Aevo OPENAI-PERP+0.0104%1h1,620.2−3.012%10xas long as short
Entropy io:OAIlong+0.0108%1h1,670.5long leg$7.6M$2.3M6x