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%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin OPENAIUSDTM | 1,626.1 | 0.0050 | pay 0.0050% / 8h | 5h 04m | $371K | $62K | 20x |
| Short | Entropy io:OAI | 1,691.2 | 0.0300 | get 0.0038% / 1h | 4m 54s | $7.6M | $1.6M | 6x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 24 min ago | 12.08 bp | 616.3 bp −$616 | doesn't fit | doesn't fit | doesn't fit |
| Sell Entropy live order book, 3 min ago | 0.29 bp | 35.1 bp −$35 | doesn't fit | doesn't fit | doesn'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.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin OPENAIUSDTMlong | 0.000% | +0.0050% | 8h | $371K | $62K | 20x | |
| Gate OPENAI_USDT | +0.930% | 0.0000% | 8h | $53.3M | $55.9M | 50x | as long as short |
| Bitget OPENAIUSDT | +1.201% | 0.0000% | 8h | $5.6M | $4.8M | 20x | as long as short |
| MEXC OPENAI_USDT | +1.219% | +0.0050% | 8h | $13.2M | $3.0M | 50x | as long as short |
| Binance OPENAIUSDT | +1.225% | +0.0050% | 8h | $23.5M | $21.2M | 20x | as long as short |
| Extended OPENAI-USD | +1.230% | +0.0048% | 1h | $137K | $655K | 10x | as long as short |
| HTX OPENAI-USDT | +1.230% | 0.0000% | 8h | $79K | $208K | 20x | as long as short |
| BloFin OPENAI-USDT | +1.235% | +0.0024% | 8h | $474K | $273K | 20x | as long as short |
| Phemex OPENAIUSDT | +1.248% | 0.0000% | 8h | $1.7M | $589K | 10x | as long as short |
| QFEX OPENAI-USD | +1.252% | +0.0012% | 1h | $1.2M | $352K | 10x | as long as short |
Show all 21 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit OPENAI_USDC-PERPETUAL | +1.266% | +0.0917% | 1h | — | $3 | 5x | as long as short |
| Aster OPENAIUSDT | +1.274% | +0.0050% | 8h | $215K | $3K | 20x | as long as short |
| SunX OPENAI-USDT | +1.284% | 0.0000% | 8h | — | $2.6M | 10x | as long as short |
| Aevo OPENAI-PERP | +1.302% | +0.0104% | 1h | — | — | 10x | as long as short |
| Variational Omni OPENAI | +1.497% | +0.0050% | 8h | $2.7M | $680K | — | as long as short |
| Coinbase International OPENAI-PERP-INTX | +2.220% | +0.1856% | 1h | $246K | $100K | 5x | as long as short |
| OKX OPENAI-USDT-SWAP | +2.772% | 0.0000% | 8h | $5.2M | $1.2M | 20x | as long as short |
| Bybit OPENAIUSDT | +3.871% | 0.0000% | 8h | $763K | $216K | 25x | as long as short |
| Entropy io:OAIshort | +4.002% | +0.0300% | 1h | $7.6M | $1.6M | 6x | |
| Lighter RH OPENAI | +4.137% | +0.0032% | 1h | $2.8M | $5.9M | 5x | as long as short |
| Lighter OPENAI | +6.147% | +0.0024% | 1h | $1.4M | $327K | 5x | as long as short |
KuCoin OPENAIUSDTM
Gate
Bitget
MEXC
Binance
Extended
HTX
BloFin
Phemex
Deribit
Aster
SunX
Variational Omni
Coinbase International
OKX
Bybit
Lighter RH
Lighter