OPENAI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.015%

Price spread now: Variational Omni against Phemex+0.131%7-day average −0.027% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Phemex Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.050%+$5 on $10k

Price spread, last 3 days (all we have)−0.252%−$25 · spread now +0.131%, 7d avg −0.027%

Together, before fees−0.202%+ Points / potential airdropVariational Omni: Active · farm board−$20 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Variational Omni is 0.158% dearer against Phemex than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.027%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex OPENAIUSDT	1,621.8	0	get 0.0000% / 8h	6h 38m	$1.6M	$562K	10x
Short	Variational Omni OPENAI	1,623.9	0.0050	get 0.0050% / 8h	6h 38m	$2.6M	$761K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Phemex. 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

Position, each leg$Hold fordaysFee PhemexbpFee Variational OmnibpOrdersPrice spread, now +0.131%Rate

Funding earned: $10.5
Price spread: +0.131% → −0.027%: $15.79
Slippage, 4 orders: no order book: not counted
Fee Phemex: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $14.29
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Phemex: live order book, 4 min ago; Variational Omni: RFQ quote, just now. Net counts fees only.

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 Phemex live order book, 4 min ago	4.46 bp	51.5 bp −$52	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, just now	3.24 bp	doesn't fit	18.0 bp −$180	doesn't fit	doesn't fit

OPENAI on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit OPENAI_USDC-PERPETUAL	−0.0238%	1h	1,621.9	+0.006%	—	$3	5x	as long as short
QFEX OPENAI-USD	−0.0004%	1h	1,622.1	+0.017%	$1.2M	$410K	10x	as long as short
Lighter OPENAI	0.0000%	1h	1,708.4	+5.340%	$1.4M	$280K	5x	as long as short
Bybit OPENAIUSDT	0.0000%	8h	1,666.2	+2.734%	$764K	$205K	25x	as long as short
OKX OPENAI-USDT-SWAP	0.0000%	8h	1,650.3	+1.756%	$5.1M	$1.3M	20x	as long as short
Gate OPENAI_USDT	0.0000%	8h	1,619.7	−0.130%	$52.4M	$31.8M	50x	as long as short
Bitget OPENAIUSDT	0.0000%	8h	1,623.6	+0.110%	$5.5M	$5.1M	20x	as long as short
SunX OPENAI-USDT	0.0000%	8h	1,623.1	+0.079%	—	$2.5M	10x	as long as short
HTX OPENAI-USDT	0.0000%	8h	1,622.8	+0.062%	$79K	$216K	20x	as long as short
Phemex OPENAIUSDTlong	0.0000%	8h	1,621.8	long leg	$1.6M	$562K	10x

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International OPENAI-PERP-INTX	+0.0024%	1h	1,624.5	+0.162%	$222K	$155K	5x	as long as short
Lighter RH OPENAI	+0.0032%	1h	1,675.9	+3.333%	$2.7M	$6.1M	5x	as long as short
Extended OPENAI-USD	+0.0048%	1h	1,621.7	−0.006%	$136K	$717K	10x	as long as short
Aster OPENAIUSDT	+0.0050%	8h	1,627.9	+0.373%	$212K	$3K	20x	as long as short
Binance OPENAIUSDT	+0.0050%	8h	1,622.2	+0.023%	$22.9M	$18.9M	20x	as long as short
MEXC OPENAI_USDT	+0.0050%	8h	1,622.4	+0.033%	$13.1M	$3.2M	50x	as long as short
KuCoin OPENAIUSDTM	+0.0050%	8h	1,626.2	+0.268%	$377K	$69K	20x	as long as short
Variational Omni OPENAIshort	+0.0050%	8h	1,623.9	+0.131%	$2.6M	$761K	—
GRVT OPENAI_USDT_Perp	+0.0050%	8h	1,624.7	+0.180%	$2K	$137K	10x	as long as short
BloFin OPENAI-USDT	+0.0059%	8h	1,629.3	+0.459%	$477K	$280K	20x	as long as short
Entropy io:OAI	+0.0098%	1h	1,670.8	+3.020%	$7.4M	$2.1M	6x	as long as short
Aevo OPENAI-PERP	+0.0104%	1h	1,621.9	+0.004%	—	—	10x	as long as short