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

OPENAI

RWAall OPENAI markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0034%/8h= +3.7% APRnext payment +$0.34 per $10,000 · paid last 24h +0.012%
Price spread now: BloFin against SunX−0.019%55s7-day average +0.027% · 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+0.107%+$11 on $10k
Price spread, last 4 days (all we have)+0.117%+$12 · spread now −0.019%, 7d avg +0.027%
Together, before fees+0.223%+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.045% cheaper against SunX than usual: you would sell low and buy high (spread −0.019% now, against its 7-day average of +0.027%). If the spread goes back, that is −$5 on $10k: about 4.5 days of funding at the current rate (+$1 a day). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX OPENAI-USDT1,620.30get 0.0000% / 8h1h 56m$2.4M10x
ShortBloFin OPENAI-USDT1,6200.0034get 0.0034% / 8h1h 56m$472K$291K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$7.05
Price spread: −0.019% → +0.027%
−$4.51
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$17.46
Costs to cover
0.200%
Break-even
24.3 days
Slippage unknown: SunX: live order book, 10 min ago; BloFin: live order book, 29 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, 10 min ago500.42 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 29 min ago0.99 bp11.6 bp −$1214.6 bp −$146doesn'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−0.0002%1h1,619.4−0.057%$1.2M$611K10xas long as short
Lighter OPENAI0.0000%1h1,712.9+5.714%$1.4M$264K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,661.5+2.540%$754K$205K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,649.5+1.802%$5.1M$1.4M20xas long as short
Gate OPENAI_USDT0.0000%8h1,616−0.264%$52.3M$18.0M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,620.2−0.004%$5.4M$4.7M20xas long as short
SunX OPENAI-USDTlong0.0000%8h1,620.3long leg$2.4M10x
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,619.1−0.073%$35xas long as short
HTX OPENAI-USDT0.0000%8h1,620−0.019%$79K$226K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,619.4−0.059%$1.6M$517K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH OPENAI+0.0032%1h1,679.1+3.630%$2.7M$6.0M5xas long as short
BloFin OPENAI-USDTshort+0.0034%8h1,620−0.019%$472K$291K20x
Coinbase International OPENAI-PERP-INTX+0.0040%1h1,625+0.293%$226K$163K5xas long as short
Extended OPENAI-USD+0.0048%1h1,619.3−0.063%$141K$895K10xas long as short
Aster OPENAIUSDT+0.0050%8h1,622.4+0.127%$211K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,619.7−0.037%$22.8M$17.4M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,619.4−0.057%$13.0M$3.1M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,620.5+0.012%$372K$71K20xas long as short
Variational Omni OPENAI+0.0050%8h1,619.8−0.028%$2.6M$759Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,618.8−0.096%$2K$172K10xas long as short
Aevo OPENAI-PERP+0.0104%1h1,618.9−0.086%10xas long as short
Entropy io:OAI+0.0137%1h1,670.2+3.080%$7.7M$2.3M6xas long as short