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: MEXC against SunX−0.155%7-day average +0.020% · 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)+0.223%+$22 · spread now −0.155%, 7d avg +0.020%
=Funding pays, the price is against you. MEXC is 0.175% cheaper against SunX than usual: you would sell low and buy high (spread −0.155% now, against its 7-day average of +0.020%). If the spread goes back, that is −$17 on $10k: about 12 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX OPENAI-USDT | 1,616.7 | 0 | get 0.0000% / 8h | 2h 44m | — | $2.4M | 10x |
| Short | MEXC OPENAI_USDT | 1,614.2 | 0.0050 | get 0.0050% / 8h | 2h 44m | $13.0M | $3.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $10.5
- Price spread: −0.155% → +0.020%
- −$17.45
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$14.95
- Costs to cover
- 0.080%
- Break-even
- 17.0 days
Slippage unknown: SunX: live order book, 2 min ago; MEXC: live order book, 4 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, 2 min ago | 500.43 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.39 bp | 1.5 bp −$1 | 3.4 bp −$34 | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX OPENAI-USD | −0.0005% | 1h | 1,614.8 | −0.119% | $1.2M | $599K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,705.9 | +5.516% | $1.4M | $260K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,658.5 | +2.586% | $753K | $205K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,645.6 | +1.788% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,610.9 | −0.357% | $52.2M | $19.6M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,616.3 | −0.025% | $5.4M | $5.0M | 20x | as long as short |
| SunX OPENAI-USDTlong | 0.0000% | 8h | 1,616.7 | long leg | — | $2.4M | 10x | |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,615.2 | −0.090% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,614.7 | −0.124% | $79K | $221K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,614.6 | −0.131% | $1.6M | $529K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International OPENAI-PERP-INTX | +0.0016% | 1h | 1,617.9 | +0.072% | $225K | $161K | 5x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,673.5 | +3.512% | $2.6M | $6.1M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,614.3 | −0.146% | $142K | $895K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,619.5 | +0.175% | $211K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,614.8 | −0.119% | $22.8M | $17.4M | 20x | as long as short |
| MEXC OPENAI_USDTshort | +0.0050% | 8h | 1,614.2 | −0.155% | $13.0M | $3.1M | 50x | |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,619.4 | +0.169% | $373K | $69K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,613.8 | −0.177% | $2.6M | $758K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,614.5 | −0.137% | $2K | $164K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0072% | 8h | 1,614.4 | −0.141% | $473K | $287K | 20x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,614.5 | −0.135% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0131% | 1h | 1,665.8 | +3.037% | $7.6M | $2.3M | 6x | as long as short |
SunX OPENAI-USDT
MEXC OPENAI_USDT
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
Deribit OPENAI_USDC-PERPETUAL
HTX OPENAI-USDT
Phemex OPENAIUSDT
Coinbase International OPENAI-PERP-INTX
Lighter RH OPENAI
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
BloFin OPENAI-USDT