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 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Gate+0.181%7-day average +0.175% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1451.447% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.013%−$1 · spread now +0.181%, 7d avg +0.175%
Together, before fees−0.013%−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate OPENAI_USDT1,611.20get 0.0000% / 8h2h 46m$52.2M$19.6M50x
ShortPhemex OPENAIUSDT1,614.10get 0.0000% / 8h2h 46m$1.6M$529K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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
$0
Price spread: +0.181% → +0.175%
$0.58
Slippage, 4 orders
−$117.74
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$144.16
Costs to cover
1.447%
Break-even
never at this rate
Slippage from Gate: live order book, 2 min ago; Phemex: live order book, 1 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, 2 min ago2.17 bp13.5 bp −$14222.9 bp −$2,229doesn't fitdoesn't fit
Sell Phemex live order book, 1 min ago2.91 bp54.8 bp −$55doesn'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−0.0005%1h1,614.3+0.195%$1.2M$597K10xas long as short
Lighter OPENAI0.0000%1h1,706+5.889%$1.4M$260K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,658.5+2.939%$753K$205K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,645.9+2.157%$5.1M$1.3M20xas long as short
Gate OPENAI_USDTlong0.0000%8h1,611.2long leg$52.2M$19.6M50x
Bitget OPENAIUSDT0.0000%8h1,616.5+0.334%$5.4M$5.0M20xas long as short
SunX OPENAI-USDT0.0000%8h1,616.4+0.326%$2.4M10xas long as short
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,614.9+0.233%$35xas long as short
HTX OPENAI-USDT0.0000%8h1,614.9+0.235%$79K$221K20xas long as short
Phemex OPENAIUSDTshort0.0000%8h1,614.1+0.181%$1.6M$529K10x
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International OPENAI-PERP-INTX+0.0016%1h1,617.9+0.416%$225K$161K5xas long as short
BloFin OPENAI-USDT+0.0028%8h1,613.9+0.172%$473K$286K20xas long as short
Lighter RH OPENAI+0.0032%1h1,673.3+3.859%$2.6M$6.1M5xas long as short
Extended OPENAI-USD+0.0048%1h1,614+0.175%$142K$895K10xas long as short
Aster OPENAIUSDT+0.0050%8h1,619.1+0.492%$211K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,614.4+0.202%$22.8M$17.4M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,614.2+0.192%$13.0M$3.1M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,619.4+0.515%$373K$69K20xas long as short
Variational Omni OPENAI+0.0050%8h1,615.2+0.249%$2.6M$764Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,614.5+0.211%$2K$163K10xas long as short
Aevo OPENAI-PERP+0.0104%1h1,614+0.179%10xas long as short
Entropy io:OAI+0.0135%1h1,666+3.404%$7.6M$2.3M6xas long as short