Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.50 per $10,000 · paid last 24h −0.005%
Price spread now: SunX against GRVT−0.114%74s7-day average −0.038% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.095%−$10 on $10k
+Price spread, last 3 days (all we have)+0.151%+$15 · spread now −0.114%, 7d avg −0.038%
=Together, before fees+0.056%+ Points / potential airdropGRVT: 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 SunX is 0.076% cheaper against GRVT than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.038%). Swap the legs. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT OPENAI_USDT_Perp | 1,633.5 | 0.0050 | pay 0.0050% / 8h | 7h 53m | $2K | $139K | 10x |
| Short | SunX OPENAI-USDT | 1,631.6 | 0 | get 0.0000% / 8h | 7h 53m | — | $2.6M | 10x |
GRVT OPENAI_USDT_Perp
SunX OPENAI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against GRVT. 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: −0.114% → −0.038%
- −$7.63
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$35.13
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: GRVT: live order book, 14 min ago; SunX: live order book, 3 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 GRVT live order book, 14 min ago | 1.87 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 3 min ago | 500.17 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International OPENAI-PERP-INTX | −0.0024% | 1h | 1,633.7 | +0.013% | $235K | $150K | 5x | as long as short |
| QFEX OPENAI-USD | 0.0000% | 1h | 1,631.5 | −0.120% | $1.2M | $387K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,712.1 | +4.816% | $1.4M | $282K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,673.9 | +2.478% | $771K | $209K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,661.4 | +1.710% | $5.1M | $1.4M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,627.8 | −0.349% | $52.7M | $39.1M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,631.5 | −0.122% | $5.5M | $5.1M | 20x | as long as short |
| SunX OPENAI-USDTshort | 0.0000% | 8h | 1,631.6 | −0.114% | — | $2.6M | 10x | |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,631.6 | −0.114% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,631.8 | −0.100% | $79K | $214K | 20x | as long as short |
Coinbase International OPENAI-PERP-INTX
QFEX OPENAI-USD
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
Deribit OPENAI_USDC-PERPETUAL
HTX OPENAI-USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,630 | −0.212% | $1.6M | $560K | 10x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,683.7 | +3.075% | $2.7M | $6.2M | 5x | as long as short |
| BloFin OPENAI-USDT | +0.0041% | 8h | 1,632.8 | −0.039% | $474K | $278K | 20x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,630.5 | −0.183% | $132K | $662K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,635.9 | +0.151% | $213K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,630.8 | −0.163% | $23.2M | $18.9M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,630.7 | −0.172% | $13.1M | $3.2M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,638.4 | +0.299% | $377K | $65K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,631.2 | −0.137% | $2.6M | $751K | — | as long as short |
| GRVT OPENAI_USDT_Perplong | +0.0050% | 8h | 1,633.5 | long leg | $2K | $139K | 10x | |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,631.6 | −0.117% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0157% | 1h | 1,677.1 | +2.671% | $7.4M | $2.2M | 6x | as long as short |
Phemex OPENAIUSDT
Lighter RH OPENAI
BloFin OPENAI-USDT
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
Aevo OPENAI-PERP
Entropy io:OAI