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: KuCoin against SunX+0.327%7-day average +0.097% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.105%+$11 on $10k
+Price spread, last 3 days (all we have)−0.071%−$7 · spread now +0.327%, 7d avg +0.097%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.230% dearer against SunX than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.097%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX OPENAI-USDT | 1,620.9 | 0 | get 0.0000% / 8h | 1h 05m | — | $2.6M | 10x |
| Short | KuCoin OPENAIUSDTM | 1,626.2 | 0.0050 | get 0.0050% / 8h | 1h 05m | $375K | $66K | 20x |
SunX OPENAI-USDT
KuCoin OPENAIUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $10.5
- Price spread: +0.327% → +0.097%
- $23.01
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $13.51
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: SunX: live order book, 10 min ago; KuCoin: live order book, 66 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 | 500.28 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 66 min ago | 24.81 bp | 486.4 bp −$486 | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX OPENAI-USD | −0.0005% | 1h | 1,618.5 | −0.150% | $1.2M | $387K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,696.4 | +4.656% | $1.4M | $291K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,667.3 | +2.864% | $763K | $226K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,650.2 | +1.808% | $5.1M | $1.4M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,616.4 | −0.278% | $52.5M | $40.7M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,621.3 | +0.025% | $5.5M | $5.1M | 20x | as long as short |
| SunX OPENAI-USDTlong | 0.0000% | 8h | 1,620.9 | long leg | — | $2.6M | 10x | |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,620.8 | −0.005% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,620 | −0.057% | $78K | $213K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,618.5 | −0.146% | $1.6M | $568K | 10x | as long as short |
QFEX OPENAI-USD
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
Deribit OPENAI_USDC-PERPETUAL
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 | 1,669.1 | +2.972% | $2.6M | $6.4M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,618.6 | −0.144% | $131K | $667K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,625.6 | +0.290% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,618.9 | −0.123% | $23.0M | $19.4M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,619.5 | −0.088% | $13.0M | $3.1M | 50x | as long as short |
| KuCoin OPENAIUSDTMshort | +0.0050% | 8h | 1,626.2 | +0.327% | $375K | $66K | 20x | |
| Variational Omni OPENAI | +0.0050% | 8h | 1,618.8 | −0.129% | $2.6M | $755K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,619.2 | −0.103% | $2K | $148K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0072% | 8h | 1,618.5 | −0.146% | $470K | $281K | 20x | as long as short |
| Entropy io:OAI | +0.0095% | 1h | 1,661.3 | +2.492% | $7.3M | $2.2M | 6x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,618.2 | −0.166% | — | — | 10x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0456% | 1h | 1,620 | −0.054% | $235K | $144K | 5x | as long as short |
Lighter RH OPENAI
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
BloFin OPENAI-USDT
Entropy io:OAI
Aevo OPENAI-PERP
Coinbase International OPENAI-PERP-INTX