Funding you earn now, next payment 23:00 UTC−0.0090%/8h= −9.8% APRpaid last 24h −0.074%
Price spread now: SunX against Entropy−2.402%7-day average −4.517% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.615%−$62 on $10k
+Price spread, last 3 days (all we have)−3.177%−$318 · spread now −2.402%, 7d avg −4.517%
=The price spread pays, funding is against you. SunX is 2.115% dearer against Entropy than usual: you sell high and buy low (spread −2.402% now, against its 7-day average of −4.517%): +$212 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3 months. At the pace of the last 7 days (−0.615% in total) that is about 24 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:OAI | 1,661 | 0.0090 | pay 0.0011% / 1h | 14m 34s | $7.3M | $2.2M | 6x |
| Short | SunX OPENAI-USDT | 1,621.1 | 0 | get 0.0000% / 8h | 1h 14m | — | $2.6M | 10x |
Entropy io:OAI
SunX OPENAI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Entropy. 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
- −$18.88
- Price spread: −2.402% → −4.517%
- $211.5
- Slippage, 4 orders
- no order book: not counted
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- $166.62
- Costs to cover
- 0.260%
- Break-even
- from the start
Slippage unknown: Entropy: live order book, 2 min ago; SunX: live order book, 2 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 Entropy live order book, 2 min ago | 4.21 bp | 34.0 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 2 min ago | 500.28 bp | doesn't fit | 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 | −0.0005% | 1h | 1,619.2 | −2.517% | $1.2M | $387K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,696.7 | +2.148% | $1.4M | $291K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,668 | +0.420% | $763K | $227K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,651.6 | −0.566% | $5.1M | $1.4M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,616.6 | −2.674% | $52.5M | $40.7M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,621.6 | −2.373% | $5.5M | $5.1M | 20x | as long as short |
| SunX OPENAI-USDTshort | 0.0000% | 8h | 1,621.1 | −2.402% | — | $2.6M | 10x | |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,619.4 | −2.507% | $78K | $213K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,618.9 | −2.537% | $1.6M | $573K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0024% | 8h | 1,618.9 | −2.533% | $470K | $287K | 20x | as long as short |
QFEX OPENAI-USD
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
HTX OPENAI-USDT
Phemex OPENAIUSDT
BloFin OPENAI-USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH OPENAI | +0.0032% | 1h | 1,668.9 | +0.476% | $2.6M | $6.3M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,618.9 | −2.536% | $131K | $670K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,625.6 | −2.130% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,619.2 | −2.517% | $23.0M | $19.9M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,619.5 | −2.497% | $12.9M | $3.1M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,636.1 | −1.498% | $377K | $64K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,618.6 | −2.553% | $2.6M | $765K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,619.5 | −2.499% | $2K | $148K | 10x | as long as short |
| Entropy io:OAIlong | +0.0090% | 1h | 1,661 | long leg | $7.3M | $2.2M | 6x | |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,618.5 | −2.559% | — | — | 10x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | +0.0215% | 1h | 1,622.9 | −2.297% | — | $3 | 5x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0456% | 1h | 1,620.6 | −2.431% | $236K | $143K | 5x | as long as short |
Lighter RH OPENAI
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
Aevo OPENAI-PERP
Deribit OPENAI_USDC-PERPETUAL
Coinbase International OPENAI-PERP-INTX