Funding you earn now, next payment 10:00 UTC−0.0712%/8h= −78.0% APRpaid last 24h −0.216%
Price spread now: SunX against Coinbase International−0.226%7-day average −0.455% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.830%−$83 on $10k
+Price spread, last 4 days (all we have)−1.073%−$107 · spread now −0.226%, 7d avg −0.455%
=The price spread pays, funding is against you. SunX is 0.229% dearer against Coinbase International than usual: you sell high and buy low (spread −0.226% now, against its 7-day average of −0.455%): +$23 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 26 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International OPENAI-PERP-INTX | 1,635.2 | 0.0712 | pay 0.0089% / 1h | 55m 22s | $230K | $176K | 5x |
| Short | SunX OPENAI-USDT | 1,631.5 | 0 | get 0.0000% / 8h | 5h 55m | — | $1.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Coinbase International. 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
- −$149.52
- Price spread: −0.226% → −0.455%
- $22.87
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$144.65
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: Coinbase International: live order book, 55 min ago; SunX: 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 Coinbase International live order book, 55 min ago | 20.80 bp | 31.4 bp −$31 | 52.0 bp −$520 | doesn't fit | doesn't fit |
| Sell SunX live order book, 4 min ago | 500.32 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
OPENAI on 22 exchanges
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 | −0.0003% | 1h | 1,631.6 | −0.223% | $1.2M | $657K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,712.3 | +4.717% | $1.4M | $274K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,668.9 | +2.058% | $731K | $282K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,660.1 | +1.523% | $5.1M | $1.2M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,630 | −0.317% | $48.9M | $14.9M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,633.1 | −0.130% | $5.4M | $3.6M | 20x | as long as short |
| SunX OPENAI-USDTshort | 0.0000% | 8h | 1,631.5 | −0.226% | — | $1.7M | 10x | |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,631.4 | −0.235% | $3K | $3K | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,631 | −0.254% | $79K | $176K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,631.5 | −0.227% | $1.6M | $502K | 10x | as long as short |
Show all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin OPENAI-USDT | +0.0031% | 8h | 1,630.7 | −0.275% | $482K | $318K | 20x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,679.7 | +2.723% | $2.8M | $6.2M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,631 | −0.256% | $142K | $814K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,634.2 | −0.064% | $213K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,631.6 | −0.220% | $23.0M | $17.2M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,631.9 | −0.199% | $6.7M | $2.4M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,635.5 | +0.018% | $379K | $220K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,631 | −0.258% | $2.6M | $770K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,630.2 | −0.307% | $2K | $169K | 10x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,630.2 | −0.308% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0133% | 1h | 1,671.4 | +2.214% | $7.6M | $2.4M | 6x | as long as short |
| Coinbase International OPENAI-PERP-INTXlong | +0.0712% | 1h | 1,635.2 | long leg | $230K | $176K | 5x |
Coinbase International OPENAI-PERP-INTX
SunX OPENAI-USDT
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
Deribit OPENAI_USDC-PERPETUAL
HTX OPENAI-USDT
Phemex OPENAIUSDT
BloFin OPENAI-USDT
Lighter RH OPENAI
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp