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: SunX against KuCoin−0.066%7-day average −0.101% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.105%−$11 on $10k
+Price spread, last 4 days (all we have)+0.238%+$24 · spread now −0.066%, 7d avg −0.101%
=The price spread pays, funding is against you. SunX is 0.035% dearer against KuCoin than usual: you sell high and buy low (spread −0.066% now, against its 7-day average of −0.101%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin OPENAIUSDTM | 1,624.6 | 0.0050 | pay 0.0050% / 8h | 5h 24m | $374K | $71K | 20x |
| Short | SunX OPENAI-USDT | 1,623.5 | 0 | get 0.0000% / 8h | 5h 24m | — | $2.4M | 10x |
KuCoin OPENAIUSDTM
SunX OPENAI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against KuCoin. 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
- −$10.5
- Price spread: −0.066% → −0.101%
- $3.53
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$26.97
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 73 min ago; SunX: live order book, 2 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 KuCoin live order book, 73 min ago | 13.85 bp | 636.5 bp −$636 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 2 min ago | 500.35 bp | doesn't fit | 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 | −0.0104% | 1h | 1,622.5 | −0.128% | $225K | $159K | 5x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,708.2 | +5.147% | $1.4M | $269K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,664.6 | +2.461% | $761K | $204K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,651.4 | +1.652% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,619.9 | −0.289% | $52.4M | $28.7M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,624.5 | −0.006% | $5.5M | $5.1M | 20x | as long as short |
| SunX OPENAI-USDTshort | 0.0000% | 8h | 1,623.5 | −0.066% | — | $2.4M | 10x | |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,624.6 | 0.000% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,623.8 | −0.050% | $79K | $216K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,622.8 | −0.111% | $1.6M | $542K | 10x | as long as short |
Coinbase International OPENAI-PERP-INTX
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
Deribit OPENAI_USDC-PERPETUAL
HTX OPENAI-USDT
Phemex OPENAIUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX OPENAI-USD | 0.0000% | 1h | 1,622.8 | −0.108% | $1.2M | $476K | 10x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,675.1 | +3.110% | $2.7M | $6.2M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,622.4 | −0.134% | $135K | $722K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,629 | +0.272% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,622.8 | −0.108% | $22.9M | $17.8M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,623.1 | −0.092% | $13.0M | $3.2M | 50x | as long as short |
| KuCoin OPENAIUSDTMlong | +0.0050% | 8h | 1,624.6 | long leg | $374K | $71K | 20x | |
| Variational Omni OPENAI | +0.0050% | 8h | 1,622.5 | −0.126% | $2.6M | $754K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,622.3 | −0.139% | $2K | $140K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0059% | 8h | 1,622.9 | −0.105% | $476K | $276K | 20x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,622.5 | −0.125% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0146% | 1h | 1,667.1 | +2.618% | $7.4M | $2.1M | 6x | as long as short |
QFEX OPENAI-USD
Lighter RH OPENAI
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
BloFin OPENAI-USDT
Aevo OPENAI-PERP
Entropy io:OAI