Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG1,426.3+0.00010.0000% / 1h44m 28s$287K$52K3xLong Ondo Perps5% off
SHORT1,445.7+0.0050get 0.0050% / 8h7h 44m—$673K10xShort SunX≤10% back
Price gap+1.360%
Funding gap+0.0049% /8h

Both sides work: funding pays +$1 a day on $10k, and the gap is 0.688% above its 7d average: +$69 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$11+0.0049% /8h now · paid +0.107% over the last 7D
Price+$69spread +1.360% now, avg +0.672% → +0.688% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs+$80+0.80%+ Points / potential airdropOndo Perps: points · farm boardcosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+1.360%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

OPENAI on 26 exchanges

lowest funding first

Before you open

3 ok · 3 to watch
  • Problem: Doesn’t fit the books—
    $10k a leg is deeper than SunX’s order book right now.
  • Note: Margin at max leverage$3,333 + $1,000
    Ondo Perps 3x, SunX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 8h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$1.48Long Ondo Perps: 24 payments, −$0.02; short SunX: 3 payments, +$1.50.
  • OK: Entry gap works for you+1.360% vs +0.672%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thinner— vs $287K OI
    SunX sets your exit cost. Check its book before closing.
  • OK: Points on a legOndo Perps points
    Volume here counts toward the points program.
  • OK: No KYC on either legOndo Perps No · SunX No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0051%/8h × 21 periods+$10.70
Price spread+1.360% → +0.672% (7d avg)+$68.83
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee Ondo Perps bp × 2 orders−$5.00
Fee SunX bp × 2 orders−$8.00
Net · 7 days · $10k—
doesn’t fit the books at $10k
Costs to cover—Break-even—
Slippage: Ondo Perps: live order book, 18 min ago; SunX: live order book, 17 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGOndo Perps4.9113.5 bp−$1372.8 bp−$728doesn’t fitdoesn’t fit
SELL · SHORTSunX511.57doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

OPENAI news

posts that mention OPENAI or OpenAI, from every exchangeSearch all news →
10-24 19:20KalshiOtherJUST IN: UK partners with OpenAI, Anthropic, and Google to launch AI lab focused on preventing biological threats @Kalshi on X ↗
10-23 22:30Markets by KinetiqOtherOpenAI's pre-IPO price is down 10% this month while Anthropic's is down 7%. China's Moonshot says its Kimi K3.1 Pro matches Claude Opus 5.5 on Terminal-Bench for about a third of the cost. @Markets_xyz on X ↗
10-23 19:45KalshiOtherJUST IN: OpenAI to train frontier models without internet access @Kalshi on X ↗
10-23 12:45KalshiOtherJUST IN: Wall Street urges Anthropic and OpenAI to go public by the year's end @Kalshi on X ↗
10-22 20:22KalshiOtherJUST IN: OpenAI nears $30 billion funding round at $1.25 trillion valuation @Kalshi on X ↗
10-21 18:00KalshiOtherJUST IN: OpenAI to sell its frontier models, including GPT-6 Astra, and Codex through Google Cloud, per Reuters @Kalshi on X ↗