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 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against OKX−1.516%7-day average −2.088% · you buy dearer than you sell
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$1511.508% 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 7 days−0.610%−$61 · spread now −1.516%, 7d avg −2.088%
Together, before fees−0.610%−$61 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: Bitget is 0.572% dearer against OKX than usual: you sell high and buy low, +$57 on $10k if it goes back to its 7-day average of −2.088%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX OPENAI-USDT-SWAP1,663.10get 0.0000% / 8h3h 31m$5.1M$1.4M20x
ShortBitget OPENAIUSDT1,637.90get 0.0000% / 8h3h 31m$5.5M$4.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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: −1.516% → −2.088%
$57.18
Slippage, 4 orders
−$128.81
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$93.64
Costs to cover
1.508%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; Bitget: live order book, 2 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 OKX live order book, 1 min ago0.30 bp35.0 bp −$35doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago2.51 bp29.4 bp −$29doesn'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
Deribit OPENAI_USDC-PERPETUAL−0.0563%1h1,635.6−1.652%$35xas long as short
Entropy io:OAI−0.0137%1h1,671.8+0.523%$7.4M$2.2M6xas long as short
Lighter OPENAI0.0000%1h1,706.1+2.587%$1.4M$373K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,678.3+0.916%$755K$221K25xas long as short
OKX OPENAI-USDT-SWAPlong0.0000%8h1,663.1long leg$5.1M$1.4M20x
Gate OPENAI_USDT0.0000%8h1,632.5−1.838%$53.1M$52.0M50xas long as short
Bitget OPENAIUSDTshort0.0000%8h1,637.9−1.516%$5.5M$4.9M20x
SunX OPENAI-USDT0.0000%8h1,636.7−1.587%$2.6M10xas long as short
HTX OPENAI-USDT0.0000%8h1,638.8−1.464%$79K$211K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,634.8−1.701%$1.6M$596K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX OPENAI-USD+0.0003%1h1,634.5−1.721%$1.2M$369K10xas long as short
BloFin OPENAI-USDT+0.0024%8h1,633.8−1.760%$482K$290K20xas long as short
Lighter RH OPENAI+0.0032%1h1,668.9+0.346%$2.6M$6.2M5xas long as short
Extended OPENAI-USD+0.0048%1h1,634.6−1.713%$136K$655K10xas long as short
Aster OPENAIUSDT+0.0050%8h1,634.8−1.699%$213K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,635.4−1.668%$23.3M$21.4M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,636−1.632%$13.0M$3.1M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,641.4−1.306%$376K$66K20xas long as short
Variational Omni OPENAI+0.0050%8h1,637.1−1.562%$2.7M$680Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,638.2−1.495%$2K$154K10xas long as short
Aevo OPENAI-PERP+0.0104%1h1,635−1.687%10xas long as short
Coinbase International OPENAI-PERP-INTX+0.1928%1h1,638.7−1.465%$238K$107K5xas long as short