After costs, if the gap returns to its 7d average, $10k−$162
spread now−1.509%7d average−2.050%fees + slippage, in and out−$216spread needed2.159%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX OPENAI-USDT-SWAP | 1,682.6 | 0 | get 0.0000% / 8h | 5h 18m | $5.2M | $1.2M | 20x |
| Short | Phemex OPENAIUSDT | 1,657.2 | 0 | get 0.0000% / 8h | 5h 18m | $1.7M | $587K | 10x |
Price 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
- −$150.9
- Funding while held
- $0
- Slippage, 4 orders
- −$193.91
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$366.81
- Spread needed to break even
- 2.159%
Slippage from OKX: live order book, 5 min ago; Phemex: live order book, 1 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, 5 min ago | 0.61 bp | 42.9 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 1 min ago | 4.59 bp | 58.0 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
OPENAI price on every exchange
against the cheapest. Click to use as the short leg.OPENAI on 21 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin OPENAIUSDTM | −3.357% | +0.0050% | 8h | $371K | $63K | 20x | as long as short |
| Variational Omni OPENAI | −3.251% | +0.0050% | 8h | $2.5M | $337K | — | as long as short |
| Gate OPENAI_USDT | −1.936% | 0.0000% | 8h | $53.6M | $55.8M | 50x | as long as short |
| MEXC OPENAI_USDT | −1.603% | +0.0050% | 8h | $13.2M | $3.0M | 50x | as long as short |
| Binance OPENAIUSDT | −1.601% | +0.0050% | 8h | $23.6M | $21.0M | 20x | as long as short |
| Bitget OPENAIUSDT | −1.539% | 0.0000% | 8h | $5.7M | $4.7M | 20x | as long as short |
| Extended OPENAI-USD | −1.524% | +0.0048% | 1h | $137K | $655K | 10x | as long as short |
| Aster OPENAIUSDT | −1.516% | +0.0050% | 8h | $216K | $3K | 20x | as long as short |
| BloFin OPENAI-USDT | −1.515% | +0.0062% | 8h | $485K | $268K | 20x | as long as short |
| Phemex OPENAIUSDTshort | −1.509% | 0.0000% | 8h | $1.7M | $587K | 10x |
Show all 21 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit OPENAI_USDC-PERPETUAL | −1.425% | +1.0144% | 1h | — | $3 | 5x | as long as short |
| SunX OPENAI-USDT | −1.397% | 0.0000% | 8h | — | $2.6M | 10x | as long as short |
| Coinbase International OPENAI-PERP-INTX | −1.388% | +0.1856% | 1h | $248K | $97K | 5x | as long as short |
| QFEX OPENAI-USD | −1.344% | +0.0012% | 1h | $1.2M | $350K | 10x | as long as short |
| Aevo OPENAI-PERP | −1.342% | +0.0104% | 1h | — | — | 10x | as long as short |
| HTX OPENAI-USDT | −1.325% | 0.0000% | 8h | $81K | $206K | 20x | as long as short |
| Entropy io:OAI | −0.541% | +0.0137% | 1h | $7.5M | $1.5M | 6x | as long as short |
| OKX OPENAI-USDT-SWAPlong | 0.000% | 0.0000% | 8h | $5.2M | $1.2M | 20x | |
| Lighter RH OPENAI | +0.505% | +0.0032% | 1h | $2.9M | $5.8M | 5x | as long as short |
| Bybit OPENAIUSDT | +0.830% | 0.0000% | 8h | $766K | $211K | 25x | as long as short |
| Lighter OPENAI | +2.243% | 0.0000% | 1h | $1.4M | $317K | 5x | as long as short |
OKX OPENAI-USDT-SWAP
Phemex OPENAIUSDT
KuCoin
Variational Omni
Gate
MEXC
Binance
Bitget
Extended
Aster
BloFin
Deribit
SunX
Coinbase International
HTX
Lighter RH
Bybit
Lighter