Funding you earn now, next payment 20:00 UTC+0.0011%/8hpaid last 24h −0.001%
Price spread now: QFEX against SunX−0.046%7-day average +0.025% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.004%$0 on $10k
+Price spread, last 3 days (all we have)+0.103%+$10 · spread now −0.046%, 7d avg +0.025%
=Funding pays, the price is against you. QFEX is 0.071% cheaper against SunX than usual: you would sell low and buy high (spread −0.046% now, against its 7-day average of +0.025%). If the spread goes back, that is −$7 on $10k: about 21 days of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX OPENAI-USDT | 1,646.6 | 0 | get 0.0000% / 8h | 4h 23m | — | $2.6M | 10x |
| Short | QFEX OPENAI-USD | 1,645.8 | 0.0011 | get 0.0001% / 1h | 23m 25s | $1.2M | $352K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $2.4
- Price spread: −0.046% → +0.025%
- −$7.13
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$22.73
- Costs to cover
- 0.180%
- Break-even
- 73.2 days
Slippage unknown: SunX: live order book, 7 min ago; QFEX: live order book, 7 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, 7 min ago | 500.24 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 7 min ago | 2.70 bp | 10.0 bp −$10 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,689.1 | +2.578% | $762K | $216K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,674.3 | +1.682% | $5.2M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,642 | −0.282% | $53.4M | $54.2M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,647 | +0.027% | $5.6M | $4.8M | 20x | as long as short |
| SunX OPENAI-USDTlong | 0.0000% | 8h | 1,646.6 | long leg | — | $2.6M | 10x | |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,647.8 | +0.070% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,646.7 | +0.006% | $79K | $210K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,645.1 | −0.094% | $1.7M | $591K | 10x | as long as short |
| Lighter OPENAI | +0.0008% | 1h | 1,721.7 | +4.561% | $1.4M | $334K | 5x | as long as short |
| QFEX OPENAI-USDshort | +0.0011% | 1h | 1,645.8 | −0.046% | $1.2M | $352K | 10x |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH OPENAI | +0.0032% | 1h | 1,692.8 | +2.808% | $2.8M | $5.9M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,645.7 | −0.053% | $137K | $655K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,645.9 | −0.043% | $214K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,645.8 | −0.047% | $23.5M | $21.2M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,645.4 | −0.074% | $13.2M | $3.1M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,650.3 | +0.223% | $375K | $64K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,644.9 | −0.102% | $2.7M | $671K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,645.6 | −0.061% | $2K | $144K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0078% | 8h | 1,644.8 | −0.109% | $485K | $282K | 20x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,646.1 | −0.029% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0125% | 1h | 1,691.5 | +2.727% | $7.6M | $1.6M | 6x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.2072% | 1h | 1,652.8 | +0.379% | $245K | $100K | 5x | as long as short |
SunX OPENAI-USDT
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
Deribit OPENAI_USDC-PERPETUAL
HTX OPENAI-USDT
Phemex OPENAIUSDT
Lighter OPENAI
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
Coinbase International OPENAI-PERP-INTX