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

OPENAI

RWAall OPENAI markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.014%
Price spread now: Extended against Gate+0.115%7-day average +0.141% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$930.928% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.101%+$10 on $10k
Price spread, last 4 days (all we have)−0.081%−$8 · spread now +0.115%, 7d avg +0.141%
Together, before fees+0.020%+ Points / potential airdropExtended: Active · farm board+$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.026% cheaper against Gate than usual: you would sell low and buy high (spread +0.115% now, against its 7-day average of +0.141%). If the spread goes back, that is −$3 on $10k: about 43 hours of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate OPENAI_USDT1,632.40get 0.0000% / 8h5h 47m$49.1M$15.2M50x
ShortExtended OPENAI-USD1,634.30.0048get 0.0006% / 1h47m 38s$142K$812K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Gate. 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
$10.08
Price spread: +0.115% → +0.141%
−$2.55
Slippage, 4 orders
−$72.81
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$85.28
Costs to cover
0.928%
Break-even
66.2 days
Slippage from Gate: live order book, 4 min ago; Extended: live order book, 63 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 4 min ago1.68 bp11.1 bp −$11122.8 bp −$1,228doesn't fitdoesn't fit
Sell Extended live order book, 63 min ago4.30 bp31.5 bp −$31243.9 bp −$2,439doesn't fitdoesn't fit

OPENAI on 22 exchanges

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−0.0003%1h1,634.9+0.149%$1.2M$657K10xas long as short
Lighter OPENAI0.0000%1h1,713.4+4.962%$1.4M$274K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,671.8+2.414%$731K$279K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,660.2+1.701%$5.1M$1.2M20xas long as short
Gate OPENAI_USDTlong0.0000%8h1,632.4long leg$49.1M$15.2M50x
Bitget OPENAIUSDT0.0000%8h1,635.6+0.191%$5.4M$3.6M20xas long as short
SunX OPENAI-USDT0.0000%8h1,634.4+0.120%$1.7M10xas long as short
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,634.5+0.123%$3K$3K5xas long as short
HTX OPENAI-USDT0.0000%8h1,633.9+0.086%$80K$154K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,634.9+0.149%$1.6M$503K10xas long as short
Show all 22 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH OPENAI+0.0032%1h1,682.2+3.046%$2.8M$6.3M5xas long as short
Extended OPENAI-USDshort+0.0048%1h1,634.3+0.115%$142K$812K10x
Aster OPENAIUSDT+0.0050%8h1,637.5+0.307%$213K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,634.9+0.148%$23.1M$17.3M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,634.9+0.148%$6.7M$2.5M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,638.9+0.396%$380K$227K20xas long as short
Variational Omni OPENAI+0.0050%8h1,633+0.036%$2.6M$770Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,630.7−0.106%$2K$169K10xas long as short
BloFin OPENAI-USDT+0.0063%8h1,634.1+0.099%$484K$321K20xas long as short
Aevo OPENAI-PERP+0.0104%1h1,634.2+0.105%10xas long as short
Entropy io:OAI+0.0169%1h1,672.3+2.442%$7.6M$2.4M6xas long as short
Coinbase International OPENAI-PERP-INTX+0.0712%1h1,635.2+0.169%$230K$175K5xas long as short