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

OPENAI

RWAall OPENAI markets
SwapBacktest
Alert: funding
Alert: spread
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: Aster against SunX+0.308%56s7-day average +0.166% · 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+0.105%+$11 on $10k
Price spread, last 4 days (all we have)−0.075%−$8 · spread now +0.308%, 7d avg +0.166%
Together, before fees+0.030%+ Points / potential airdropAster: Stage 5 · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aster is 0.142% dearer against SunX than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.166%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX OPENAI-USDT1,624.10get 0.0000% / 8h4h 15m$2.4M10x
ShortAster OPENAIUSDT1,629.10.0050get 0.0050% / 8h4h 15m$212K$3K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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
$10.5
Price spread: +0.308% → +0.166%
$14.23
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Aster: 4 bp × 2 orders
−$8
Net
$8.73
Costs to cover
0.160%
Break-even
1.2 days
Slippage unknown: SunX: live order book, 1 min ago; Aster: live order book, 41 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 ago500.32 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 41 min ago46.17 bp91.1 bp −$91doesn'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
Coinbase International OPENAI-PERP-INTX−0.0024%1h1,624.9+0.051%$226K$161K5xas long as short
QFEX OPENAI-USD−0.0004%1h1,622.5−0.096%$1.2M$548K10xas long as short
Bybit OPENAIUSDT0.0000%8h1,663.8+2.441%$755K$207K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,652.1+1.724%$5.1M$1.3M20xas long as short
Gate OPENAI_USDT0.0000%8h1,619.2−0.300%$52.4M$28.1M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,623.8−0.019%$5.5M$5.0M20xas long as short
SunX OPENAI-USDTlong0.0000%8h1,624.1long leg$2.4M10x
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,623.1−0.063%$35xas long as short
HTX OPENAI-USDT0.0000%8h1,624.9+0.051%$79K$219K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,622.6−0.092%$1.6M$546K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter OPENAI+0.0008%1h1,713.8+5.521%$1.4M$266K5xas long as short
BloFin OPENAI-USDT+0.0027%8h1,624.2+0.006%$475K$285K20xas long as short
Lighter RH OPENAI+0.0032%1h1,681+3.502%$2.7M$6.2M5xas long as short
Extended OPENAI-USD+0.0048%1h1,622.1−0.123%$144K$736K10xas long as short
Aster OPENAIUSDTshort+0.0050%8h1,629.1+0.308%$212K$3K20x
Binance OPENAIUSDT+0.0050%8h1,622.5−0.101%$22.9M$17.9M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,622.5−0.098%$13.0M$3.2M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,625.3+0.076%$375K$70K20xas long as short
Variational Omni OPENAI+0.0050%8h1,622.2−0.119%$2.6M$766Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,623.6−0.031%$2K$150K10xas long as short
Aevo OPENAI-PERP+0.0104%1h1,622.2−0.117%10xas long as short
Entropy io:OAI+0.0247%1h1,675.5+3.165%$7.7M$2.3M6xas long as short