Funding arb · Price arb /

OPENAI

RWAall OPENAI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h −0.014%

Price spread now: SunX against Extended+0.063%7-day average +0.008% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Extended Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.101%−$10 on $10k

Price spread, last 3 days (all we have)−0.090%−$9 · spread now +0.063%, 7d avg +0.008%

Together, before fees−0.191%+ Points / potential airdropExtended: Active · farm board−$19 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.055% dearer against Extended than usual: you sell high and buy low (spread +0.063% now, against its 7-day average of +0.008%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended OPENAI-USD	1,622	0.0048	pay 0.0006% / 1h	35m 20s	$136K	$717K	10x
Short	SunX OPENAI-USDT	1,623	0	get 0.0000% / 8h	6h 35m	—	$2.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Extended. 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

Position, each leg$Hold fordaysFee ExtendedbpFee SunXbpOrdersPrice spread, now +0.063%Rate

Funding earned: −$10.08
Price spread: +0.063% → +0.008%: $5.49
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee SunX: 4 bp × 2 orders: −$8
Net: −$17.59
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Extended: 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 Extended live order book, 33 min ago	3.69 bp	39.6 bp −$40	261.9 bp −$2,619	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	−0.005%	—	$3	5x	as long as short
QFEX OPENAI-USD	−0.0004%	1h	1,622.4	+0.027%	$1.2M	$412K	10x	as long as short
Lighter OPENAI	0.0000%	1h	1,708.5	+5.333%	$1.4M	$280K	5x	as long as short
Bybit OPENAIUSDT	0.0000%	8h	1,666.7	+2.756%	$764K	$204K	25x	as long as short
OKX OPENAI-USDT-SWAP	0.0000%	8h	1,650.3	+1.746%	$5.1M	$1.3M	20x	as long as short
Gate OPENAI_USDT	0.0000%	8h	1,619.5	−0.154%	$52.4M	$31.8M	50x	as long as short
Bitget OPENAIUSDT	0.0000%	8h	1,623.7	+0.108%	$5.5M	$5.1M	20x	as long as short
SunX OPENAI-USDTshort	0.0000%	8h	1,623	+0.063%	—	$2.5M	10x
HTX OPENAI-USDT	0.0000%	8h	1,622.2	+0.010%	$79K	$216K	20x	as long as short
Phemex OPENAIUSDT	0.0000%	8h	1,622.3	+0.018%	$1.6M	$562K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International OPENAI-PERP-INTX	+0.0024%	1h	1,624.5	+0.152%	$222K	$155K	5x	as long as short
Lighter RH OPENAI	+0.0032%	1h	1,676	+3.328%	$2.6M	$6.2M	5x	as long as short
Extended OPENAI-USDlong	+0.0048%	1h	1,622	long leg	$136K	$717K	10x
Aster OPENAIUSDT	+0.0050%	8h	1,627.4	+0.335%	$212K	$3K	20x	as long as short
Binance OPENAIUSDT	+0.0050%	8h	1,622.7	+0.047%	$22.9M	$18.9M	20x	as long as short
MEXC OPENAI_USDT	+0.0050%	8h	1,622.7	+0.042%	$13.1M	$3.2M	50x	as long as short
KuCoin OPENAIUSDTM	+0.0050%	8h	1,626.2	+0.257%	$377K	$68K	20x	as long as short
Variational Omni OPENAI	+0.0050%	8h	1,622	+0.003%	$2.6M	$759K	—	as long as short
GRVT OPENAI_USDT_Perp	+0.0050%	8h	1,624	+0.123%	$2K	$137K	10x	as long as short
BloFin OPENAI-USDT	+0.0059%	8h	1,629.3	+0.449%	$477K	$280K	20x	as long as short
Entropy io:OAI	+0.0077%	1h	1,669.5	+2.929%	$7.4M	$2.2M	6x	as long as short
Aevo OPENAI-PERP	+0.0104%	1h	1,622	+0.003%	—	—	10x	as long as short