Settings8H · net · $10k
Funding arb · Price arb /

OPENAI

RWAall OPENAI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter RH against SunX+2.936%7-day average +4.578% · you sell dearer than you buy
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+0.067%+$7 on $10k
Price spread, last 4 days (all we have)+2.888%+$289 · spread now +2.936%, 7d avg +4.578%
Together, before fees+2.955%+ Points / potential airdropLighter RH: Points live · farm board+$296 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 1.642% cheaper against SunX than usual: you would sell low and buy high (spread +2.936% now, against its 7-day average of +4.578%). If the spread goes back, that is −$164 on $10k: about 6 months of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX OPENAI-USDT1,632.20get 0.0000% / 8h6h 07m$1.8M10x
ShortLighter RH OPENAI1,680.10.0032get 0.0004% / 1h7m 53s$2.8M$6.3M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH 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
$6.72
Price spread: +2.936% → +4.578%
−$164.2
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$165.48
Costs to cover
0.080%
Break-even
179.4 days
Slippage unknown: SunX: live order book, 1 min ago; Lighter RH: 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
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 1 min ago500.26 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Lighter RH live order book, 4 min ago2.02 bp6.0 bp −$687.9 bp −$879560.5 bp −$56.0Kdoesn't fit

OPENAI on 22 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX OPENAI-USD−0.0010%1h1,631.4−0.047%$1.2M$648K10xas long as short
Lighter OPENAI0.0000%1h1,714.2+5.022%$1.4M$278K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,666.7+2.111%$733K$284K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,659.5+1.673%$5.1M$1.2M20xas long as short
Gate OPENAI_USDT0.0000%8h1,629.4−0.173%$48.5M$14.2M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,632.4+0.013%$5.4M$3.7M20xas long as short
SunX OPENAI-USDTlong0.0000%8h1,632.2long leg$1.8M10x
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,630.6−0.100%$3K$3K5xas long as short
HTX OPENAI-USDT0.0000%8h1,631.7−0.029%$79K$222K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,631.4−0.051%$1.6M$501K10xas long as short
Show all 22 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin OPENAI-USDT+0.0029%8h1,630.3−0.118%$482K$315K20xas long as short
Lighter RH OPENAIshort+0.0032%1h1,680.1+2.936%$2.8M$6.3M5x
Extended OPENAI-USD+0.0048%1h1,631.1−0.067%$142K$814K10xas long as short
Aster OPENAIUSDT+0.0050%8h1,634.1+0.114%$213K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,631.6−0.035%$23.0M$16.9M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,632.8+0.036%$6.7M$2.5M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,634.5+0.138%$378K$205K20xas long as short
Variational Omni OPENAI+0.0050%8h1,631.6−0.036%$2.6M$770Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,630.9−0.081%$2K$169K10xas long as short
Aevo OPENAI-PERP+0.0104%1h1,631.3−0.058%10xas long as short
Entropy io:OAI+0.0172%1h1,671.7+2.420%$7.6M$2.4M6xas long as short
Coinbase International OPENAI-PERP-INTX+0.0720%1h1,633.5+0.077%$230K$175K5xas long as short