Funding you earn now, next payment 23:00 UTC+0.0076%/8h= +8.3% APRpaid last 24h +0.074%
Price spread now: Entropy against SunX+2.443%7-day average +4.517% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.615%+$62 on $10k
+Price spread, last 3 days (all we have)+3.136%+$314 · spread now +2.443%, 7d avg +4.517%
=Funding pays, the price is against you. Entropy is 2.074% cheaper against SunX than usual: you would sell low and buy high (spread +2.443% now, against its 7-day average of +4.517%). If the spread goes back, that is −$207 on $10k: about 3 months of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.615% in total) that is about 24 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX OPENAI-USDT | 1,621.1 | 0 | get 0.0000% / 8h | 1h 27m | — | $2.6M | 10x |
| Short | Entropy io:OAI | 1,660.7 | 0.0076 | get 0.0009% / 1h | 27m 01s | $7.3M | $2.2M | 6x |
SunX OPENAI-USDT
Entropy io:OAIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy against SunX. 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
- $15.89
- Price spread: +2.443% → +4.517%
- −$207.44
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$217.55
- Costs to cover
- 0.260%
- Break-even
- 102.8 days
Slippage unknown: SunX: live order book, 10 min ago; Entropy: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SunX live order book, 10 min ago | 497.74 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Entropy live order book, 10 min ago | 8.42 bp | 36.2 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
OPENAI on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit OPENAI_USDC-PERPETUAL | −0.0190% | 1h | 1,620.4 | −0.046% | — | $3 | 5x | as long as short |
| QFEX OPENAI-USD | −0.0005% | 1h | 1,620.5 | −0.039% | $1.2M | $386K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,694.4 | +4.521% | $1.4M | $291K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,666.9 | +2.828% | $762K | $226K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,651.8 | +1.894% | $5.1M | $1.4M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,615.8 | −0.327% | $52.5M | $40.7M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,621.2 | +0.004% | $5.5M | $5.1M | 20x | as long as short |
| SunX OPENAI-USDTlong | 0.0000% | 8h | 1,621.1 | long leg | — | $2.6M | 10x | |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,619.1 | −0.124% | $78K | $213K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,618.7 | −0.151% | $1.6M | $578K | 10x | as long as short |
Deribit OPENAI_USDC-PERPETUAL
QFEX OPENAI-USD
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
HTX OPENAI-USDT
Phemex OPENAIUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH OPENAI | +0.0032% | 1h | 1,665.2 | +2.719% | $2.6M | $6.3M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,618.7 | −0.146% | $131K | $670K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,625.3 | +0.261% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,619 | −0.129% | $23.0M | $20.5M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,618.8 | −0.144% | $12.9M | $3.1M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,636.1 | +0.927% | $377K | $64K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,618.6 | −0.154% | $2.6M | $757K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,619.5 | −0.100% | $2K | $151K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0051% | 8h | 1,620.9 | −0.014% | $473K | $294K | 20x | as long as short |
| Entropy io:OAIshort | +0.0076% | 1h | 1,660.7 | +2.443% | $7.3M | $2.2M | 6x | |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,618.9 | −0.137% | — | — | 10x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0456% | 1h | 1,621.4 | +0.017% | $236K | $140K | 5x | as long as short |
Lighter RH OPENAI
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
BloFin OPENAI-USDT
Aevo OPENAI-PERP
Coinbase International OPENAI-PERP-INTX