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 00:00 UTC+0.0023%/8hnext payment +$0.23 per $10,000 · paid last 24h +0.018%
Price spread now: BloFin against SunX−0.151%55s7-day average +0.042% · 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+0.111%+$11 on $10k
Price spread, last 3 days (all we have)+0.234%+$23 · spread now −0.151%, 7d avg +0.042%
Together, before fees+0.345%+$35 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.193% cheaper against SunX than usual: you would sell low and buy high (spread −0.151% now, against its 7-day average of +0.042%). If the spread goes back, that is −$19 on $10k: about 28 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.111% in total) that is about 12 days. 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-USDT1,647.30get 0.0000% / 8h4h 21m$2.6M10x
ShortBloFin OPENAI-USDT1,644.80.0023get 0.0023% / 8h4h 21m$485K$282K20x

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
$4.82
Price spread: −0.151% → +0.042%
−$19.29
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$34.48
Costs to cover
0.200%
Break-even
57.1 days
Slippage unknown: SunX: live order book, 9 min ago; BloFin: live order book, 8 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, 9 min ago500.24 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 8 min ago0.97 bp16.7 bp −$17doesn't fitdoesn'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
Bybit OPENAIUSDT0.0000%8h1,689.6+2.567%$762K$216K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,675.4+1.706%$5.2M$1.3M20xas long as short
Gate OPENAI_USDT0.0000%8h1,642.1−0.316%$53.4M$54.2M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,646.6−0.040%$5.6M$4.8M20xas long as short
SunX OPENAI-USDTlong0.0000%8h1,647.3long leg$2.6M10x
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,646.2−0.065%$35xas long as short
HTX OPENAI-USDT0.0000%8h1,646.4−0.053%$79K$210K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,645.7−0.100%$1.7M$590K10xas long as short
Lighter OPENAI+0.0008%1h1,723.5+4.623%$1.4M$338K5xas long as short
QFEX OPENAI-USD+0.0011%1h1,645.5−0.107%$1.2M$352K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin OPENAI-USDTshort+0.0023%8h1,644.8−0.151%$485K$282K20x
Lighter RH OPENAI+0.0032%1h1,693.4+2.797%$2.8M$6.0M5xas long as short
Extended OPENAI-USD+0.0048%1h1,645.6−0.105%$137K$655K10xas long as short
Aster OPENAIUSDT+0.0050%8h1,645.6−0.104%$214K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,645.6−0.101%$23.5M$21.2M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,645.2−0.128%$13.2M$3.1M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,650.3+0.181%$375K$64K20xas long as short
Variational Omni OPENAI+0.0050%8h1,644.9−0.144%$2.7M$671Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,645.6−0.103%$2K$144K10xas long as short
Aevo OPENAI-PERP+0.0104%1h1,646.3−0.062%10xas long as short
Entropy io:OAI+0.0124%1h1,691.4+2.677%$7.6M$1.6M6xas long as short
Coinbase International OPENAI-PERP-INTX+0.2072%1h1,652.8+0.336%$245K$100K5xas long as short