Funding you earn now, next payment 02:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h +0.251%
Price spread now: Coinbase International against SunX+0.263%7-day average +0.476% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.786%+$79 on $10k
+Price spread, last 4 days (all we have)+0.543%+$54 · spread now +0.263%, 7d avg +0.476%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Coinbase International is 0.213% cheaper against SunX than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of +0.476%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.786%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX OPENAI-USDT | 1,622.7 | 0 | get 0.0000% / 8h | 5h 03m | — | $2.4M | 10x |
| Short | Coinbase International OPENAI-PERP-INTX | 1,627 | −0.0104 | pay 0.0013% / 1h | 3m 08s | $225K | $158K | 5x |
SunX OPENAI-USDT
Coinbase International OPENAI-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$21.84
- Price spread: +0.263% → +0.476%
- −$21.33
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$61.17
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 4 min ago; Coinbase International: live order book, 60 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, 4 min ago | 500.45 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 60 min ago | 5.85 bp | 13.0 bp −$13 | 42.0 bp −$420 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International OPENAI-PERP-INTXshort | −0.0104% | 1h | 1,627 | +0.263% | $225K | $158K | 5x | |
| Lighter OPENAI | 0.0000% | 1h | 1,707.4 | +5.218% | $1.4M | $269K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,662.1 | +2.428% | $758K | $207K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,649.7 | +1.664% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,618.2 | −0.280% | $52.3M | $28.8M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,622.9 | +0.012% | $5.5M | $5.1M | 20x | as long as short |
| SunX OPENAI-USDTlong | 0.0000% | 8h | 1,622.7 | long leg | — | $2.4M | 10x | |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,620.7 | −0.121% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,622.3 | −0.025% | $79K | $217K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,621.8 | −0.055% | $1.6M | $545K | 10x | as long as short |
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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX OPENAI-USD | 0.0000% | 1h | 1,621.7 | −0.061% | $1.2M | $491K | 10x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,674.4 | +3.185% | $2.7M | $6.2M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,621.5 | −0.074% | $141K | $737K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,626.7 | +0.248% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,621.8 | −0.055% | $22.9M | $17.8M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,621.7 | −0.060% | $13.0M | $3.2M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,624.6 | +0.115% | $374K | $69K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,622.5 | −0.012% | $2.6M | $760K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,623.6 | +0.054% | $2K | $144K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0061% | 8h | 1,621.9 | −0.049% | $475K | $277K | 20x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,621.5 | −0.076% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0151% | 1h | 1,667.1 | +2.736% | $7.4M | $2.1M | 6x | as long as short |
QFEX OPENAI-USD
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
Entropy io:OAI