Funding you earn now, next payment 12:00 UTC−0.1057%/8h= −115.7% APRpaid last 24h +0.184%
Price spread now: Deribit against SunX−0.101%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 1 day (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$32 a day on $10k at the current rate, and Deribit is 0.101% cheaper against SunX than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX OPENAI-USDT | 1,646.5 | 0 | get 0.0000% / 8h | 4h 44m | — | $1.6M | 10x |
| Short | Deribit OPENAI_USDC-PERPETUAL | 1,644.8 | −0.1057 | pay 0.0132% / 1h | 44m 35s | $3K | $3K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$221.92
- Price spread: −0.101% → 0.000%
- −$10.14
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$247.06
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 4 min ago; Deribit: no order-book sample. 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 | 500.12 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
OPENAI on 22 exchanges
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-PERPETUALshort | −0.1057% | 1h | 1,644.8 | −0.101% | $3K | $3K | 5x | |
| QFEX OPENAI-USD | −0.0001% | 1h | 1,646 | −0.033% | $1.2M | $702K | 10x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,677.4 | +1.876% | $722K | $319K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,672.4 | +1.573% | $5.2M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,642.8 | −0.224% | $51.5M | $19.3M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,647.8 | +0.080% | $5.6M | $3.7M | 20x | as long as short |
| SunX OPENAI-USDTlong | 0.0000% | 8h | 1,646.5 | long leg | — | $1.6M | 10x | |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,654 | +0.457% | $80K | $172K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,645.9 | −0.035% | $1.6M | $508K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0030% | 8h | 1,645.2 | −0.078% | $488K | $344K | 20x | as long as short |
Show all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH OPENAI | +0.0032% | 1h | 1,700.6 | +3.288% | $2.8M | $6.4M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,645.3 | −0.072% | $145K | $979K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,649.9 | +0.209% | $215K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,646 | −0.029% | $23.3M | $19.1M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,647.4 | +0.052% | $6.6M | $2.5M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,652.2 | +0.346% | $388K | $320K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,644.2 | −0.142% | $2.6M | $777K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,653.5 | +0.428% | $2K | $175K | 10x | as long as short |
| Lighter OPENAI | +0.0064% | 1h | 1,735.2 | +5.388% | $1.5M | $273K | 5x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,645.6 | −0.053% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0529% | 1h | 1,697.4 | +3.091% | $7.9M | $2.6M | 6x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.1008% | 1h | 1,665.7 | +1.164% | $234K | $180K | 5x | as long as short |
SunX OPENAI-USDT
Deribit OPENAI_USDC-PERPETUAL
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
HTX OPENAI-USDT
Phemex OPENAIUSDT
BloFin OPENAI-USDT
Lighter RH OPENAI
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
Lighter OPENAI
Coinbase International OPENAI-PERP-INTX