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: SunX against KuCoin+0.008%7-day average −0.104% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.105%−$11 on $10k
+Price spread, last 3 days (all we have)−0.117%−$12 · spread now +0.008%, 7d avg −0.104%
=The price spread pays, funding is against you. SunX is 0.112% dearer against KuCoin than usual: you sell high and buy low (spread +0.008% now, against its 7-day average of −0.104%): +$11 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin OPENAIUSDTM | 1,624.3 | 0.0050 | pay 0.0050% / 8h | 6h 16m | $375K | $67K | 20x |
| Short | SunX OPENAI-USDT | 1,624.4 | 0 | get 0.0000% / 8h | 6h 16m | — | $2.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against KuCoin. 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: +0.008% → −0.104%
- $11.19
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$19.31
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 21 min ago; SunX: live order book, 11 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 KuCoin live order book, 21 min ago | 13.85 bp | 636.5 bp −$636 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 11 min ago | 500.49 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
OPENAI on 21 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 | −0.0004% | 1h | 1,622.8 | −0.089% | $1.2M | $425K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,705.5 | +5.002% | $1.4M | $280K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,666.4 | +2.591% | $764K | $205K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,654.5 | +1.861% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,619.5 | −0.294% | $52.4M | $31.9M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,624.4 | +0.009% | $5.5M | $5.1M | 20x | as long as short |
| SunX OPENAI-USDTshort | 0.0000% | 8h | 1,624.4 | +0.008% | — | $2.5M | 10x | |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,623 | −0.076% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,623.2 | −0.068% | $79K | $216K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,622.2 | −0.125% | $1.6M | $556K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International OPENAI-PERP-INTX | +0.0024% | 1h | 1,624 | −0.016% | $222K | $157K | 5x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,675 | +3.122% | $2.6M | $6.2M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,622.3 | −0.118% | $131K | $722K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,628.8 | +0.277% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,622.7 | −0.096% | $22.9M | $18.6M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,622.9 | −0.082% | $13.1M | $3.2M | 50x | as long as short |
| KuCoin OPENAIUSDTMlong | +0.0050% | 8h | 1,624.3 | long leg | $375K | $67K | 20x | |
| Variational Omni OPENAI | +0.0050% | 8h | 1,622.7 | −0.098% | $2.6M | $759K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,622.4 | −0.113% | $2K | $139K | 10x | as long as short |
| Entropy io:OAI | +0.0096% | 1h | 1,668 | +2.692% | $7.4M | $2.2M | 6x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,622.5 | −0.108% | — | — | 10x | as long as short |
KuCoin OPENAIUSDTM
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
Coinbase International OPENAI-PERP-INTX
Lighter RH OPENAI
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp