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

OPENAI

RWAall OPENAI markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.098%+$10 on $10k · with fees, hour by hour
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX OPENAI-USDT1,646.60get 0.0000% / 8h4h 23m$2.6M10x
ShortQFEX OPENAI-USD1,645.80.0011get 0.0001% / 1h23m 25s$1.2M$352K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 7 min ago500.24 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 7 min ago2.70 bp10.0 bp −$10doesn't fitdoesn't fitdoesn't fit

OPENAI on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit OPENAIUSDT0.0000%8h1,689.1+2.578%$762K$216K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,674.3+1.682%$5.2M$1.3M20xas long as short
Gate OPENAI_USDT0.0000%8h1,642−0.282%$53.4M$54.2M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,647+0.027%$5.6M$4.8M20xas long as short
SunX OPENAI-USDTlong0.0000%8h1,646.6long leg$2.6M10x
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,647.8+0.070%$35xas long as short
HTX OPENAI-USDT0.0000%8h1,646.7+0.006%$79K$210K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,645.1−0.094%$1.7M$591K10xas long as short
Lighter OPENAI+0.0008%1h1,721.7+4.561%$1.4M$334K5xas long as short
QFEX OPENAI-USDshort+0.0011%1h1,645.8−0.046%$1.2M$352K10x
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH OPENAI+0.0032%1h1,692.8+2.808%$2.8M$5.9M5xas long as short
Extended OPENAI-USD+0.0048%1h1,645.7−0.053%$137K$655K10xas long as short
Aster OPENAIUSDT+0.0050%8h1,645.9−0.043%$214K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,645.8−0.047%$23.5M$21.2M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,645.4−0.074%$13.2M$3.1M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,650.3+0.223%$375K$64K20xas long as short
Variational Omni OPENAI+0.0050%8h1,644.9−0.102%$2.7M$671Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,645.6−0.061%$2K$144K10xas long as short
BloFin OPENAI-USDT+0.0078%8h1,644.8−0.109%$485K$282K20xas long as short
Aevo OPENAI-PERP+0.0104%1h1,646.1−0.029%10xas long as short
Entropy io:OAI+0.0125%1h1,691.5+2.727%$7.6M$1.6M6xas long as short
Coinbase International OPENAI-PERP-INTX+0.2072%1h1,652.8+0.379%$245K$100K5xas long as short