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: OKX against Variational Omni+1.816%7-day average +2.033% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.050%−$5 on $10k
+Price spread, last 7 days+0.162%+$16 · spread now +1.816%, 7d avg +2.033%
=Together, before fees+0.112%+ Points / potential airdropVariational Omni: Active · farm board+$11 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 OKX is 0.218% cheaper against Variational Omni than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of +2.033%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni OPENAI | 1,617.3 | 0.0050 | pay 0.0050% / 8h | 1h 43m | $2.6M | $757K | — |
| Short | OKX OPENAI-USDT-SWAP | 1,646.7 | 0 | get 0.0000% / 8h | 1h 43m | $5.1M | $1.3M | 20x |
Variational Omni OPENAI
OKX OPENAI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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 itlatest
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: +1.816% → +2.033%
- −$21.79
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$42.29
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, just now; OKX: live order book, 4 min ago. 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 Variational Omni RFQ quote, just now | 4.24 bp | doesn't fit | 73.3 bp −$733 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 1.52 bp | 47.5 bp −$48 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX OPENAI-USD | −0.0002% | 1h | 1,617.9 | +0.035% | $1.2M | $607K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,712.1 | +5.859% | $1.4M | $264K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,659.5 | +2.606% | $753K | $205K | 25x | as long as short |
| OKX OPENAI-USDT-SWAPshort | 0.0000% | 8h | 1,646.7 | +1.816% | $5.1M | $1.3M | 20x | |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,614.6 | −0.172% | $52.3M | $18.1M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,620 | +0.163% | $5.4M | $4.6M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,619.5 | +0.134% | — | $2.4M | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,617.8 | +0.026% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,618.4 | +0.066% | $79K | $226K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,618.3 | +0.058% | $1.6M | $512K | 10x | as long as short |
QFEX OPENAI-USD
Lighter OPENAI
Bybit OPENAIUSDT
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUAL
HTX OPENAI-USDT
Phemex OPENAIUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin OPENAI-USDT | +0.0029% | 8h | 1,617.8 | +0.031% | $474K | $289K | 20x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,679.5 | +3.844% | $2.7M | $6.0M | 5x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0040% | 1h | 1,625 | +0.476% | $226K | $162K | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,617.7 | +0.024% | $144K | $866K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,621.5 | +0.255% | $211K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,618.1 | +0.046% | $22.8M | $16.9M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,618.1 | +0.048% | $13.0M | $3.1M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,620.5 | +0.193% | $372K | $69K | 20x | as long as short |
| Variational Omni OPENAIlong | +0.0050% | 8h | 1,617.3 | long leg | $2.6M | $757K | — | |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,618.8 | +0.089% | $2K | $176K | 10x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,617.7 | +0.022% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0126% | 1h | 1,669.7 | +3.238% | $7.7M | $2.3M | 6x | as long as short |
BloFin OPENAI-USDT
Lighter RH OPENAI
Coinbase International OPENAI-PERP-INTX
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
GRVT OPENAI_USDT_Perp
Aevo OPENAI-PERP
Entropy io:OAI