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 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.188%
Price spread now: HTX against OKX−1.821%7-day average −2.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$1151.147% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.188%−$19 on $10k
Price spread, last 4 days (all we have)−0.182%−$18 · spread now −1.821%, 7d avg −2.013%
Together, before fees−0.370%−$37 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: HTX is 0.192% dearer against OKX than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −2.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX OPENAI-USDT-SWAP1,646.30get 0.0000% / 8h32m 18s$5.1M$1.3M20x
ShortHTX OPENAI-USDT1,616.30get 0.0000% / 8h32m 18s$79K$224K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: −1.821% → −2.013%
$19.16
Slippage, 4 orders
−$92.7
Fee OKX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$95.54
Costs to cover
1.147%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; HTX: live order book, 4 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, 5 min ago1.82 bp26.1 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 4 min ago3.37 bp12.3 bp −$1230.6 bp −$306doesn'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−0.0005%1h1,615.7−1.858%$1.2M$615K10xas long as short
Lighter OPENAI0.0000%1h1,704.5+3.536%$1.4M$269K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,658.3+0.726%$738K$263K25xas long as short
OKX OPENAI-USDT-SWAPlong0.0000%8h1,646.3long leg$5.1M$1.3M20x
Gate OPENAI_USDT0.0000%8h1,614.6−1.926%$45.3M$13.8M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,617.5−1.751%$5.4M$4.4M20xas long as short
SunX OPENAI-USDT0.0000%8h1,618−1.719%$2.4M10xas long as short
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,615.7−1.857%$35xas long as short
HTX OPENAI-USDTshort0.0000%8h1,616.3−1.821%$79K$224K20x
Phemex OPENAIUSDT0.0000%8h1,615.9−1.848%$1.6M$508K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH OPENAI+0.0032%1h1,669.4+1.404%$2.7M$6.1M5xas long as short
Extended OPENAI-USD+0.0048%1h1,615.8−1.855%$142K$806K10xas long as short
Aster OPENAIUSDT+0.0050%8h1,618.5−1.689%$211K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,616.2−1.829%$22.8M$16.8M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,616.9−1.785%$6.6M$5.0M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,619.8−1.607%$375K$67K20xas long as short
Variational Omni OPENAI+0.0050%8h1,617.5−1.749%$2.6M$758Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,616.9−1.788%$2K$181K10xas long as short
Coinbase International OPENAI-PERP-INTX+0.0072%1h1,619.5−1.625%$226K$165K5xas long as short
BloFin OPENAI-USDT+0.0079%8h1,617.4−1.758%$474K$296K20xas long as short
Aevo OPENAI-PERP+0.0104%1h1,615.9−1.845%10xas long as short
Entropy io:OAI+0.0118%1h1,665.6+1.172%$7.6M$2.3M6xas long as short