Funding arb · Price arb /

OPENAI

RWAall OPENAI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h —

Price spread now: Aevo against SunX+0.002%7-day average — · you sell dearer than you buy

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

Long on SunX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX OPENAI-USDT	1,629.1	0	get 0.0000% / 8h	7h 01m	—	$2.5M	10x
Short	Aevo OPENAI-PERP	1,629.1	0.0104	get 0.0013% / 1h	1m 45s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo 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 AevobpOrdersPrice spread, now +0.002%Rate

Funding earned: $21.84
Price spread: +0.002% → 0.000%: $0.22
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$1.94
Costs to cover: 0.240%
Break-even: 7.6 days

Slippage unknown: SunX: live order book, 5 min ago; Aevo: no order-book sample. 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, 5 min ago	500.18 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	1,630.6	+0.095%	$226K	$150K	5x	as long as short
QFEX OPENAI-USD	0.0000%	1h	1,629.1	+0.001%	$1.2M	$421K	10x	as long as short
Lighter OPENAI	0.0000%	1h	1,714.6	+5.247%	$1.4M	$288K	5x	as long as short
Bybit OPENAIUSDT	0.0000%	8h	1,670	+2.511%	$768K	$207K	25x	as long as short
OKX OPENAI-USDT-SWAP	0.0000%	8h	1,657.6	+1.749%	$5.1M	$1.3M	20x	as long as short
Gate OPENAI_USDT	0.0000%	8h	1,626.5	−0.160%	$52.6M	$39.2M	50x	as long as short
Bitget OPENAIUSDT	0.0000%	8h	1,629.8	+0.045%	$5.5M	$5.1M	20x	as long as short
SunX OPENAI-USDTlong	0.0000%	8h	1,629.1	long leg	—	$2.5M	10x
Deribit OPENAI_USDC-PERPETUAL	0.0000%	1h	1,630.7	+0.099%	—	$3	5x	as long as short
HTX OPENAI-USDT	0.0000%	8h	1,630.7	+0.095%	$79K	$214K	20x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex OPENAIUSDT	0.0000%	8h	1,628.7	−0.026%	$1.6M	$563K	10x	as long as short
Lighter RH OPENAI	+0.0032%	1h	1,681.7	+3.229%	$2.7M	$6.3M	5x	as long as short
Extended OPENAI-USD	+0.0048%	1h	1,628.7	−0.026%	$132K	$716K	10x	as long as short
Aster OPENAIUSDT	+0.0050%	8h	1,636.3	+0.443%	$213K	$3K	20x	as long as short
Binance OPENAIUSDT	+0.0050%	8h	1,629	−0.007%	$23.1M	$18.9M	20x	as long as short
MEXC OPENAI_USDT	+0.0050%	8h	1,629.2	+0.004%	$13.1M	$3.2M	50x	as long as short
KuCoin OPENAIUSDTM	+0.0050%	8h	1,631.6	+0.153%	$377K	$67K	20x	as long as short
Variational Omni OPENAI	+0.0050%	8h	1,629	−0.006%	$2.6M	$758K	—	as long as short
GRVT OPENAI_USDT_Perp	+0.0050%	8h	1,628.9	−0.013%	$2K	$138K	10x	as long as short
BloFin OPENAI-USDT	+0.0061%	8h	1,630	+0.055%	$475K	$280K	20x	as long as short
Aevo OPENAI-PERPshort	+0.0104%	1h	1,629.1	+0.002%	—	—	10x
Entropy io:OAI	+0.0110%	1h	1,673.4	+2.719%	$7.4M	$2.2M	6x	as long as short