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Funding arb · Price arb /

OPENAI

RWAall OPENAI markets
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Alert: funding
Measured
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 00:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.015%
Price spread now: Binance against SunX−0.010%7-day average −0.047% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Long on SunXShort on Binance
What this pair did over the last
the charts below follow
Funding, last 7 days+0.105%+$11 on $10k
Price spread, last 2 days (all we have)+0.116%+$12 · spread now −0.010%, 7d avg −0.047%
Together, before fees+0.221%+$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.037% dearer against SunX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.047%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX OPENAI-USDT1,623.40get 0.0000% / 8h48m 03s—$2.6M10x
ShortBinance OPENAIUSDT1,623.20.0050get 0.0050% / 8h48m 03s$23.1M$18.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against SunX. 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
$10.5
Price spread: −0.010% → −0.047%
$3.74
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$3.76
Costs to cover
0.180%
Break-even
9.5 days
Slippage unknown: SunX: live order book, 9 min ago; Binance: live order book, 8 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 SunX live order book, 9 min ago500.34 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 8 min ago1.45 bp19.9 bp −$2061.6 bp −$616doesn'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
Coinbase International OPENAI-PERP-INTX−0.0168%1h1,625.4+0.121%$236K$143K5xas long as short
QFEX OPENAI-USD−0.0010%1h1,623−0.024%$1.2M$387K10xas long as short
Lighter OPENAI0.0000%1h1,701.6+4.816%$1.4M$286K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,668.8+2.797%$764K$223K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,653.9+1.879%$5.1M$1.4M20xas long as short
Gate OPENAI_USDT0.0000%8h1,620.6−0.172%$52.7M$39.4M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,623.3−0.009%$5.5M$5.1M20xas long as short
SunX OPENAI-USDTlong0.0000%8h1,623.4long leg—$2.6M10x
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,624.3+0.054%—$35xas long as short
HTX OPENAI-USDT0.0000%8h1,623.3−0.008%$79K$213K20xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex OPENAIUSDT0.0000%8h1,622.7−0.042%$1.6M$561K10xas long as short
Lighter RH OPENAI+0.0032%1h1,674.1+3.122%$2.6M$6.2M5xas long as short
Extended OPENAI-USD+0.0048%1h1,623−0.028%$131K$667K10xas long as short
Aster OPENAIUSDT+0.0050%8h1,628.2+0.298%$212K$3K20xas long as short
Binance OPENAIUSDTshort+0.0050%8h1,623.2−0.010%$23.1M$18.9M20x
MEXC OPENAI_USDT+0.0050%8h1,623.3−0.009%$13.0M$3.1M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,627.7+0.265%$376K$65K20xas long as short
Variational Omni OPENAI+0.0050%8h1,622.3−0.065%$2.6M$753K—as long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,621−0.149%$2K$142K10xas long as short
BloFin OPENAI-USDT+0.0071%8h1,623.1−0.016%$471K$275K20xas long as short
Aevo OPENAI-PERP+0.0104%1h1,623−0.025%——10xas long as short
Entropy io:OAI+0.0211%1h1,663.6+2.476%$7.3M$2.2M6xas long as short