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

OPENAI

RWAall OPENAI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0012%/8h= −1.4% APRnext payment $0.12 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against MEXC+0.035%7-day average +0.007% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 4 days (all we have)+0.008%+$1 · spread now +0.035%, 7d avg +0.007%
Together, before fees+0.010%+$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.028% dearer against MEXC than usual: you sell high and buy low (spread +0.035% now, against its 7-day average of +0.007%): +$3 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 7.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC OPENAI_USDT1,620.70.0050pay 0.0050% / 8h3h 40m$13.0M$3.2M50x
ShortBloFin OPENAI-USDT1,621.30.0038get 0.0038% / 8h3h 40m$473K$286K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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
−$2.6
Price spread: +0.035% → +0.007%
$2.76
Slippage, 4 orders
no order book: not counted
Fee MEXC: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$11.83
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 3 min ago; BloFin: live order book, 55 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 3 min ago0.43 bp2.3 bp −$218.3 bp −$183doesn't fitdoesn't fit
Sell BloFin live order book, 55 min ago1.41 bpdoesn't fitdoesn'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%1h1,620.6−0.004%$1.2M$563K10xas long as short
Lighter OPENAI0.0000%1h1,711.9+5.625%$1.4M$265K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,663.4+2.632%$755K$206K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,649.8+1.795%$5.1M$1.3M20xas long as short
Gate OPENAI_USDT0.0000%8h1,617.5−0.197%$52.3M$25.3M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,622.6+0.115%$5.5M$5.0M20xas long as short
SunX OPENAI-USDT0.0000%8h1,622.9+0.135%$2.4M10xas long as short
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,620.8+0.002%$35xas long as short
HTX OPENAI-USDT0.0000%8h1,621.6+0.054%$79K$221K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,620.9+0.010%$1.6M$541K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH OPENAI+0.0032%1h1,679+3.598%$2.7M$6.2M5xas long as short
BloFin OPENAI-USDTshort+0.0038%8h1,621.3+0.035%$473K$286K20x
Extended OPENAI-USD+0.0048%1h1,620.2−0.031%$141K$737K10xas long as short
Aster OPENAIUSDT+0.0050%8h1,627.7+0.433%$212K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,620.6−0.005%$22.9M$17.7M20xas long as short
MEXC OPENAI_USDTlong+0.0050%8h1,620.7long leg$13.0M$3.2M50x
KuCoin OPENAIUSDTM+0.0050%8h1,625.3+0.285%$375K$68K20xas long as short
Variational Omni OPENAI+0.0050%8h1,620.2−0.033%$2.6M$766Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,620.7−0.002%$2K$156K10xas long as short
Coinbase International OPENAI-PERP-INTX+0.0056%1h1,622+0.081%$226K$162K5xas long as short
Aevo OPENAI-PERP+0.0104%1h1,620.7−0.002%10xas long as short
Entropy io:OAI+0.0128%1h1,672.9+3.220%$7.7M$2.3M6xas long as short