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

OPENAI

RWAall OPENAI markets
SwapBacktest
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 +0.188%
Price spread now: OKX against HTX+1.780%7-day average +2.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$940.936% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.188%+$19 on $10k
Price spread, last 4 days (all we have)+0.286%+$29 · spread now +1.780%, 7d avg +2.021%
Together, before fees+0.474%+$47 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.242% cheaper against HTX than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of +2.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX OPENAI-USDT1,621.60get 0.0000% / 8h3h 44m$79K$221K20x
ShortOKX OPENAI-USDT-SWAP1,650.50get 0.0000% / 8h3h 44m$5.1M$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against HTX. 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: +1.780% → +2.021%
−$24.16
Slippage, 4 orders
−$71.58
Fee HTX: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$117.74
Costs to cover
0.936%
Break-even
never at this rate
Slippage from HTX: live order book, 7 min ago; OKX: live order book, 3 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 HTX live order book, 7 min ago0.03 bp9.6 bp −$1033.6 bp −$336doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago2.12 bp44.7 bp −$45doesn'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%1h1,620.8−0.052%$1.2M$561K10xas long as short
Lighter OPENAI0.0000%1h1,711.9+5.566%$1.4M$265K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,663.6+2.584%$755K$207K25xas long as short
OKX OPENAI-USDT-SWAPshort0.0000%8h1,650.5+1.780%$5.1M$1.3M20x
Gate OPENAI_USDT0.0000%8h1,617.7−0.246%$52.3M$25.3M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,622.6+0.061%$5.5M$5.0M20xas long as short
SunX OPENAI-USDT0.0000%8h1,622.4+0.047%$2.4M10xas long as short
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,621−0.041%$35xas long as short
HTX OPENAI-USDTlong0.0000%8h1,621.6long leg$79K$221K20x
Phemex OPENAIUSDT0.0000%8h1,620.6−0.064%$1.6M$543K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin OPENAI-USDT+0.0023%8h1,621−0.041%$473K$286K20xas long as short
Lighter RH OPENAI+0.0032%1h1,679.1+3.544%$2.7M$6.2M5xas long as short
Extended OPENAI-USD+0.0048%1h1,620.3−0.080%$141K$737K10xas long as short
Aster OPENAIUSDT+0.0050%8h1,628.1+0.397%$212K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,620.8−0.051%$22.8M$17.7M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,620.8−0.051%$13.0M$3.2M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,625.3+0.228%$375K$68K20xas long as short
Variational Omni OPENAI+0.0050%8h1,620.9−0.045%$2.6M$766Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,621−0.041%$2K$155K10xas long as short
Coinbase International OPENAI-PERP-INTX+0.0056%1h1,622+0.023%$226K$162K5xas long as short
Aevo OPENAI-PERP+0.0104%1h1,620.8−0.053%10xas long as short
Entropy io:OAI+0.0136%1h1,673.3+3.186%$7.7M$2.3M6xas long as short