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

OPENAI

RWAall OPENAI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h
Price spread now: Deribit against OKX−1.769%7-day average · you buy dearer than you sell
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 17 hours (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Deribit is 1.769% cheaper against OKX than usual: you would sell low and buy high, −$177 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX OPENAI-USDT-SWAP1,650.50get 0.0000% / 8h3h 43m$5.1M$1.3M20x
ShortDeribit OPENAI_USDC-PERPETUAL1,621.30get 0.0000% / 1h43m 07s$35x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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: −1.769% → 0.000%
−$176.92
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$193.92
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 5 min ago; Deribit: no order-book sample. 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 OKX live order book, 5 min ago2.12 bp16.9 bp −$17doesn't fitdoesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h1,620.7−1.808%$1.2M$562K10xas long as short
Lighter OPENAI0.0000%1h1,711.9+3.719%$1.4M$265K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,663.5+0.785%$755K$207K25xas long as short
OKX OPENAI-USDT-SWAPlong0.0000%8h1,650.5long leg$5.1M$1.3M20x
Gate OPENAI_USDT0.0000%8h1,617.6−1.993%$52.3M$25.3M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,622.9−1.675%$5.5M$5.0M20xas long as short
SunX OPENAI-USDT0.0000%8h1,622.6−1.690%$2.4M10xas long as short
Deribit OPENAI_USDC-PERPETUALshort0.0000%1h1,621.3−1.769%$35x
HTX OPENAI-USDT0.0000%8h1,621.6−1.752%$79K$221K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,620.9−1.793%$1.6M$542K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH OPENAI+0.0032%1h1,679+1.728%$2.7M$6.2M5xas long as short
BloFin OPENAI-USDT+0.0047%8h1,621−1.789%$473K$286K20xas long as short
Extended OPENAI-USD+0.0048%1h1,620.4−1.825%$141K$737K10xas long as short
Aster OPENAIUSDT+0.0050%8h1,628.2−1.352%$212K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,620.8−1.799%$22.9M$17.7M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,621.1−1.784%$13.0M$3.2M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,625.3−1.525%$375K$68K20xas long as short
Variational Omni OPENAI+0.0050%8h1,620.9−1.793%$2.6M$766Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,620.7−1.806%$2K$156K10xas long as short
Coinbase International OPENAI-PERP-INTX+0.0056%1h1,622−1.726%$226K$162K5xas long as short
Aevo OPENAI-PERP+0.0104%1h1,620.5−1.817%10xas long as short
Entropy io:OAI+0.0135%1h1,673.2+1.375%$7.7M$2.3M6xas long as short