After costs, if the gap returns to its 7d average, $10k−$340
spread now+4.349%7d average+5.236%fees + slippage, in and out−$251spread needed2.509%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX OPENAI-USDT-SWAP | 1,633.6 | 0 | get 0.0000% / 8h | 6h 25m | $5.0M | $1.1M | 20x |
| Short | Lighter OPENAI | 1,704.6 | 0 | get 0.0000% / 1h | 25m 34s | $1.4M | $261K | 5x |
OKX OPENAI-USDT-SWAP
Lighter OPENAIPrice 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
- $434.87
- Funding while held
- $0
- Slippage, 4 orders
- −$240.86
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $184
- Spread needed to break even
- 2.509%
Slippage from OKX: live order book, 4 min ago; Lighter: live order book, 7 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 OKX live order book, 4 min ago | 1.22 bp | 48.8 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 7 min ago | 0.03 bp | 0.3 bp $0 | 74.6 bp −$746 | doesn't fit | doesn't fit |
OPENAI price on every exchange
against the cheapest. Click to use as the short leg.Gate1,600.4cheapestPhemex1,602.4+0.126%HTX1,602.5+0.132%Binance1,602.5+0.134%Extended1,602.6+0.136%QFEX1,602.7+0.141%MEXC1,602.9+0.159%BloFin1,603.5+0.192%Variational Omni1,603.7+0.209%Aevo1,604.1+0.232%Deribit1,604.2+0.239%SunX1,604.6+0.263%Bitget1,605+0.288%Aster1,608.5+0.509%KuCoin1,610.9+0.655%Coinbase International1,613.6+0.822%
Gate
Phemex
HTX
Binance
Extended
QFEX
MEXC
BloFin
Variational Omni
Aevo
Deribit
SunX
Bitget
Aster
KuCoin
Coinbase InternationalOKX1,633.6+2.075%
Bybit1,645.8+2.838%Lighter RH1,669.4+4.310%Entropy1,671.5+4.443%
Bybit
Lighter RH
EntropyLighter1,704.6+6.514%
OPENAI on 21 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate OPENAI_USDT | −2.033% | 0.0000% | 8h | $51.8M | $58.8M | 50x | as long as short |
| Phemex OPENAIUSDT | −1.910% | 0.0000% | 8h | $1.6M | $585K | 10x | as long as short |
| HTX OPENAI-USDT | −1.904% | 0.0000% | 8h | $78K | $199K | 20x | as long as short |
| Binance OPENAIUSDT | −1.902% | +0.0050% | 8h | $23.0M | $18.7M | 20x | as long as short |
| Extended OPENAI-USD | −1.900% | +0.0048% | 1h | $133K | $655K | 10x | as long as short |
| QFEX OPENAI-USD | −1.895% | 0.0000% | 1h | $1.2M | $347K | 10x | as long as short |
| MEXC OPENAI_USDT | −1.877% | +0.0050% | 8h | $12.8M | $2.9M | 50x | as long as short |
| BloFin OPENAI-USDT | −1.844% | +0.0031% | 8h | $477K | $240K | 20x | as long as short |
| Variational Omni OPENAI | −1.828% | +0.0050% | 8h | $2.5M | $196K | — | as long as short |
| Aevo OPENAI-PERP | −1.806% | +0.0104% | 1h | — | — | 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 | −1.798% | 0.0000% | 1h | — | $3 | 5x | as long as short |
| SunX OPENAI-USDT | −1.775% | 0.0000% | 8h | — | $2.6M | 10x | as long as short |
| Bitget OPENAIUSDT | −1.751% | 0.0000% | 8h | $5.4M | $4.5M | 20x | as long as short |
| Aster OPENAIUSDT | −1.534% | +0.0050% | 8h | $210K | $2K | 20x | as long as short |
| KuCoin OPENAIUSDTM | −1.391% | +0.0050% | 8h | $367K | $56K | 20x | as long as short |
| Coinbase International OPENAI-PERP-INTX | −1.227% | +0.2168% | 1h | $251K | $91K | 5x | as long as short |
| OKX OPENAI-USDT-SWAPlong | 0.000% | 0.0000% | 8h | $5.0M | $1.1M | 20x | |
| Bybit OPENAIUSDT | +0.747% | 0.0000% | 8h | $759K | $197K | 25x | as long as short |
| Lighter RH OPENAI | +2.189% | +0.0032% | 1h | $3.1M | $5.0M | 5x | as long as short |
| Entropy io:OAI | +2.320% | +0.0239% | 1h | $7.6M | $1.1M | 6x | as long as short |
| Lighter OPENAIshort | +4.349% | 0.0000% | 1h | $1.4M | $261K | 5x |