OPENAI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.015%

Price spread now: KuCoin against SunX+0.125%7-day average +0.101% · you sell dearer than you buy

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

Long on SunX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.105%+$11 on $10k

Price spread, last 4 days (all we have)+0.219%+$22 · spread now +0.125%, 7d avg +0.101%

Together, before fees+0.324%+$32 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.024% dearer against SunX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.101%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX OPENAI-USDT	1,623.3	0	get 0.0000% / 8h	4h 08m	—	$2.4M	10x
Short	KuCoin OPENAIUSDTM	1,625.3	0.0050	get 0.0050% / 8h	4h 08m	$375K	$70K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee SunXbpFee KuCoinbpOrdersPrice spread, now +0.125%Rate

Funding earned: $10.5
Price spread: +0.125% → +0.101%: $2.41
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$7.09
Costs to cover: 0.200%
Break-even: 11.7 days

Slippage unknown: SunX: live order book, 8 min ago; KuCoin: live order book, 4 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, 8 min ago	500.32 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	7.75 bp	2916.8 bp −$2,917	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
Coinbase International OPENAI-PERP-INTX	−0.0024%	1h	1,624.9	+0.100%	$226K	$161K	5x	as long as short
QFEX OPENAI-USD	−0.0004%	1h	1,622.3	−0.063%	$1.2M	$549K	10x	as long as short
Bybit OPENAIUSDT	0.0000%	8h	1,663.8	+2.495%	$755K	$207K	25x	as long as short
OKX OPENAI-USDT-SWAP	0.0000%	8h	1,652	+1.768%	$5.1M	$1.3M	20x	as long as short
Gate OPENAI_USDT	0.0000%	8h	1,618.7	−0.285%	$52.4M	$28.1M	50x	as long as short
Bitget OPENAIUSDT	0.0000%	8h	1,623.6	+0.021%	$5.5M	$5.0M	20x	as long as short
SunX OPENAI-USDTlong	0.0000%	8h	1,623.3	long leg	—	$2.4M	10x
Deribit OPENAI_USDC-PERPETUAL	0.0000%	1h	1,621.9	−0.086%	—	$3	5x	as long as short
HTX OPENAI-USDT	0.0000%	8h	1,623	−0.017%	$79K	$220K	20x	as long as short
Phemex OPENAIUSDT	0.0000%	8h	1,622	−0.078%	$1.6M	$546K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter OPENAI	+0.0008%	1h	1,713.1	+5.532%	$1.4M	$266K	5x	as long as short
Lighter RH OPENAI	+0.0032%	1h	1,680.7	+3.535%	$2.7M	$6.2M	5x	as long as short
Extended OPENAI-USD	+0.0048%	1h	1,621.8	−0.090%	$141K	$740K	10x	as long as short
Aster OPENAIUSDT	+0.0050%	8h	1,627.8	+0.276%	$212K	$3K	20x	as long as short
Binance OPENAIUSDT	+0.0050%	8h	1,622.2	−0.065%	$22.9M	$17.9M	20x	as long as short
MEXC OPENAI_USDT	+0.0050%	8h	1,622.1	−0.073%	$13.0M	$3.2M	50x	as long as short
KuCoin OPENAIUSDTMshort	+0.0050%	8h	1,625.3	+0.125%	$375K	$70K	20x
Variational Omni OPENAI	+0.0050%	8h	1,622.4	−0.057%	$2.6M	$766K	—	as long as short
GRVT OPENAI_USDT_Perp	+0.0050%	8h	1,622.2	−0.065%	$2K	$151K	10x	as long as short
BloFin OPENAI-USDT	+0.0075%	8h	1,622.7	−0.038%	$475K	$287K	20x	as long as short
Aevo OPENAI-PERP	+0.0104%	1h	1,622.1	−0.072%	—	—	10x	as long as short
Entropy io:OAI	+0.0231%	1h	1,675	+3.185%	$7.7M	$2.3M	6x	as long as short