Funding you earn now, next payment 01:00 UTC−0.0024%/8h= −2.6% APRpaid last 24h −0.256%
Price spread now: SunX against Coinbase International−0.089%7-day average −0.483% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.769%−$77 on $10k
+Price spread, last 3 days (all we have)−1.055%−$105 · spread now −0.089%, 7d avg −0.483%
=The price spread pays, funding is against you. SunX is 0.394% dearer against Coinbase International than usual: you sell high and buy low (spread −0.089% now, against its 7-day average of −0.483%): +$39 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 55 days. At the pace of the last 7 days (−0.769% in total) that is about 3.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International OPENAI-PERP-INTX | 1,624.5 | 0.0024 | pay 0.0003% / 1h | 35m 23s | $222K | $155K | 5x |
| Short | SunX OPENAI-USDT | 1,623 | 0 | get 0.0000% / 8h | 6h 35m | — | $2.5M | 10x |
Coinbase International OPENAI-PERP-INTX
SunX OPENAI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Coinbase International. 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
- −$5.04
- Price spread: −0.089% → −0.483%
- $39.37
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- $16.33
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: Coinbase International: live order book, 33 min ago; SunX: live order book, 1 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 Coinbase International live order book, 33 min ago | 5.96 bp | 31.5 bp −$31 | 54.6 bp −$546 | doesn't fit | doesn't fit |
| Sell SunX live order book, 1 min ago | 500.18 bp | doesn't fit | 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 | −0.0115% | 1h | 1,621.9 | −0.157% | — | $3 | 5x | as long as short |
| QFEX OPENAI-USD | −0.0004% | 1h | 1,622.4 | −0.125% | $1.2M | $412K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,708.5 | +5.173% | $1.4M | $280K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,666.7 | +2.600% | $764K | $204K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,650.3 | +1.591% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,619.5 | −0.305% | $52.4M | $31.8M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,623.7 | −0.044% | $5.5M | $5.1M | 20x | as long as short |
| SunX OPENAI-USDTshort | 0.0000% | 8h | 1,623 | −0.089% | — | $2.5M | 10x | |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,622.2 | −0.142% | $79K | $216K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,622.3 | −0.134% | $1.6M | $562K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International OPENAI-PERP-INTXlong | +0.0024% | 1h | 1,624.5 | long leg | $222K | $155K | 5x | |
| Lighter RH OPENAI | +0.0032% | 1h | 1,676 | +3.172% | $2.6M | $6.2M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,622 | −0.152% | $136K | $717K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,627.4 | +0.182% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,622.7 | −0.105% | $22.9M | $18.9M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,622.7 | −0.110% | $13.1M | $3.2M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,626.2 | +0.105% | $377K | $68K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,622 | −0.148% | $2.6M | $759K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,624 | −0.029% | $2K | $137K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0059% | 8h | 1,629.3 | +0.296% | $477K | $280K | 20x | as long as short |
| Entropy io:OAI | +0.0077% | 1h | 1,669.5 | +2.773% | $7.4M | $2.2M | 6x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,622 | −0.149% | — | — | 10x | 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
Entropy io:OAI
Aevo OPENAI-PERP