data as of
Settings8H · net · $10k
Price arb /

OPENAI

RWAall OPENAI markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$1,315
spread now+4.002%7d average+4.626%fees + slippage, in and out−$1,253spread needed12.529%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin OPENAIUSDTM1,626.10.0050pay 0.0050% / 8h5h 04m$371K$62K20x
ShortEntropy io:OAI1,691.20.0300get 0.0038% / 1h4m 54s$7.6M$1.6M6x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$400.22
Funding while held
$7.51
Slippage, 4 orders
−$1,222.86
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Entropy: 9 bp × 2 orders
−$18
Net
−$845.13
Spread needed to break even
12.529%
Slippage from KuCoin: live order book, 24 min ago; Entropy: live order book, 3 min ago.

Cost of waiting

funding view
Funding /8h
+0.0250%
Per $10,000 a day
+$7.51
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 24 min ago12.08 bp616.3 bp −$616doesn't fitdoesn't fitdoesn't fit
Sell Entropy live order book, 3 min ago0.29 bp35.1 bp −$35doesn't fitdoesn't fitdoesn't fit

OPENAI price on every exchange

against the cheapest. Click to use as the short leg.

OPENAI on 21 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
KuCoin OPENAIUSDTMlong0.000%+0.0050%8h$371K$62K20x
Gate OPENAI_USDT+0.930%0.0000%8h$53.3M$55.9M50xas long as short
Bitget OPENAIUSDT+1.201%0.0000%8h$5.6M$4.8M20xas long as short
MEXC OPENAI_USDT+1.219%+0.0050%8h$13.2M$3.0M50xas long as short
Binance OPENAIUSDT+1.225%+0.0050%8h$23.5M$21.2M20xas long as short
Extended OPENAI-USD+1.230%+0.0048%1h$137K$655K10xas long as short
HTX OPENAI-USDT+1.230%0.0000%8h$79K$208K20xas long as short
BloFin OPENAI-USDT+1.235%+0.0024%8h$474K$273K20xas long as short
Phemex OPENAIUSDT+1.248%0.0000%8h$1.7M$589K10xas long as short
QFEX OPENAI-USD+1.252%+0.0012%1h$1.2M$352K10xas long as short
Show all 21 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Deribit OPENAI_USDC-PERPETUAL+1.266%+0.0917%1h$35xas long as short
Aster OPENAIUSDT+1.274%+0.0050%8h$215K$3K20xas long as short
SunX OPENAI-USDT+1.284%0.0000%8h$2.6M10xas long as short
Aevo OPENAI-PERP+1.302%+0.0104%1h10xas long as short
Variational Omni OPENAI+1.497%+0.0050%8h$2.7M$680Kas long as short
Coinbase International OPENAI-PERP-INTX+2.220%+0.1856%1h$246K$100K5xas long as short
OKX OPENAI-USDT-SWAP+2.772%0.0000%8h$5.2M$1.2M20xas long as short
Bybit OPENAIUSDT+3.871%0.0000%8h$763K$216K25xas long as short
Entropy io:OAIshort+4.002%+0.0300%1h$7.6M$1.6M6x
Lighter RH OPENAI+4.137%+0.0032%1h$2.8M$5.9M5xas long as short
Lighter OPENAI+6.147%+0.0024%1h$1.4M$327K5xas long as short