Settings8H · net · $10k
Funding arb · Price arb /

OPENAI

RWAall OPENAI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: SunX against Lighter−5.203%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.003%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 5.203% cheaper against Lighter than usual: you would sell low and buy high, −$520 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter OPENAI1,705.40get 0.0000% / 1h17m 04s$1.4M$269K5x
ShortSunX OPENAI-USDT1,616.70get 0.0000% / 8h17m 04s$2.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Lighter. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −5.203% → 0.000%
−$520.33
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
−$528.33
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 4 min ago; SunX: live order book, 10 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 4 min ago0.94 bp30.3 bp −$30482.1 bp −$4,821doesn't fitdoesn't fit
Sell SunX live order book, 10 min ago500.26 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

OPENAI on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX OPENAI-USD−0.0005%1h1,615.7−5.264%$1.2M$613K10xas long as short
Lighter OPENAIlong0.0000%1h1,705.4long leg$1.4M$269K5x
Bybit OPENAIUSDT0.0000%8h1,658.2−2.772%$738K$262K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,645.7−3.503%$5.1M$1.3M20xas long as short
Gate OPENAI_USDT0.0000%8h1,614.9−5.307%$45.4M$14.0M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,617.3−5.171%$5.3M$4.5M20xas long as short
SunX OPENAI-USDTshort0.0000%8h1,616.7−5.203%$2.4M10x
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,616.5−5.214%$35xas long as short
HTX OPENAI-USDT0.0000%8h1,616−5.247%$79K$225K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,616.2−5.236%$1.6M$503K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH OPENAI+0.0032%1h1,672.1−1.957%$2.7M$6.2M5xas long as short
Extended OPENAI-USD+0.0048%1h1,615.3−5.286%$142K$806K10xas long as short
Aster OPENAIUSDT+0.0050%8h1,618.5−5.098%$211K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,616−5.243%$22.8M$16.6M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,616−5.247%$6.6M$5.0M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,617−5.188%$372K$70K20xas long as short
Variational Omni OPENAI+0.0050%8h1,616.7−5.201%$2.6M$760Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,616.4−5.221%$2K$176K10xas long as short
BloFin OPENAI-USDT+0.0070%8h1,615.2−5.290%$475K$294K20xas long as short
Coinbase International OPENAI-PERP-INTX+0.0072%1h1,623.7−4.791%$235K$174K5xas long as short
Aevo OPENAI-PERP+0.0104%1h1,615.4−5.277%10xas long as short
Entropy io:OAI+0.0119%1h1,665.2−2.360%$7.6M$2.3M6xas long as short