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

OPENAI

RWAall OPENAI markets
SwapBacktest
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: Bybit against Variational Omni+2.441%7-day average +2.945% · you sell dearer than you buy
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 3 days (all we have)−0.050%−$5 on $10k
Price spread, last 4 days (all we have)+0.112%+$11 · spread now +2.441%, 7d avg +2.945%
Together, before fees+0.062%+ Points / potential airdropVariational Omni: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bybit is 0.505% cheaper against Variational Omni than usual: you would sell low and buy high (−$50 if the spread goes back to its 7-day average of +2.945%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni OPENAI1,622.50.0050pay 0.0050% / 8h5h 05m$2.6M$760K
ShortBybit OPENAIUSDT1,662.10get 0.0000% / 8h5h 05m$758K$207K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Variational Omni. 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
−$10.5
Price spread: +2.441% → +2.945%
−$50.45
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$71.95
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Bybit: live order book, 54 min ago. 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 Variational Omni RFQ quote, 3 min ago3.79 bpdoesn't fit69.3 bp −$693doesn't fitdoesn't fit
Sell Bybit live order book, 54 min ago15.71 bp70.4 bp −$70533.1 bp −$5,331doesn'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
Coinbase International OPENAI-PERP-INTX−0.0104%1h1,625.2+0.166%$225K$159K5xas long as short
Lighter OPENAI0.0000%1h1,707.7+5.254%$1.4M$269K5xas long as short
Bybit OPENAIUSDTshort0.0000%8h1,662.1+2.441%$758K$207K25x
OKX OPENAI-USDT-SWAP0.0000%8h1,651.3+1.775%$5.1M$1.3M20xas long as short
Gate OPENAI_USDT0.0000%8h1,619.4−0.191%$52.4M$28.8M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,624+0.091%$5.5M$5.1M20xas long as short
SunX OPENAI-USDT0.0000%8h1,623.3+0.049%$2.4M10xas long as short
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,622.7+0.012%$35xas long as short
HTX OPENAI-USDT0.0000%8h1,623.3+0.052%$79K$217K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,622.6+0.007%$1.6M$545K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX OPENAI-USD0.0000%1h1,622.9+0.024%$1.2M$491K10xas long as short
Lighter RH OPENAI+0.0032%1h1,674.8+3.224%$2.7M$6.2M5xas long as short
BloFin OPENAI-USDT+0.0044%8h1,623.1+0.037%$474K$277K20xas long as short
Extended OPENAI-USD+0.0048%1h1,622.6+0.006%$141K$737K10xas long as short
Aster OPENAIUSDT+0.0050%8h1,628.1+0.345%$212K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,623+0.032%$22.9M$17.8M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,622.8+0.019%$13.0M$3.2M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,624.6+0.128%$374K$69K20xas long as short
Variational Omni OPENAIlong+0.0050%8h1,622.5long leg$2.6M$760K
GRVT OPENAI_USDT_Perp+0.0050%8h1,623.6+0.068%$2K$143K10xas long as short
Aevo OPENAI-PERP+0.0104%1h1,622.50.000%10xas long as short
Entropy io:OAI+0.0150%1h1,667.1+2.749%$7.4M$2.1M6xas long as short