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

OPENAI

RWAall OPENAI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0005%/8h= −0.6% APRpaid last 24h −0.001%
Price spread now: QFEX against SunX−0.056%7-day average +0.011% · 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 4 days (all we have)−0.004%$0 on $10k
Price spread, last 4 days (all we have)+0.104%+$10 · spread now −0.056%, 7d avg +0.011%
Together, before fees+0.100%+$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.067% cheaper against SunX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX OPENAI-USDT1,618.60get 0.0000% / 8h55m 44s$2.4M10x
ShortQFEX OPENAI-USD1,617.7−0.0005pay 0.0001% / 1h55m 44s$1.2M$621K10x

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
−$1.06
Price spread: −0.056% → +0.011%
−$6.72
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$25.78
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 1 min ago; QFEX: live order book, 1 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 ago500.20 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 1 min ago3.37 bp8.4 bp −$813.4 bp −$134doesn'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
QFEX OPENAI-USDshort−0.0005%1h1,617.7−0.056%$1.2M$621K10x
Lighter OPENAI0.0000%1h1,710.6+5.686%$1.4M$267K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,657.6+2.412%$738K$263K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,647.2+1.767%$5.1M$1.3M20xas long as short
Gate OPENAI_USDT0.0000%8h1,615.2−0.212%$45.0M$13.5M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,618.8+0.011%$5.4M$4.6M20xas long as short
SunX OPENAI-USDTlong0.0000%8h1,618.6long leg$2.4M10x
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,618.1−0.034%$35xas long as short
HTX OPENAI-USDT0.0000%8h1,618.3−0.016%$79K$227K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,617−0.101%$1.6M$513K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH OPENAI+0.0032%1h1,676.3+3.567%$2.6M$6.0M5xas long as short
Extended OPENAI-USD+0.0048%1h1,617.3−0.083%$143K$676K10xas long as short
BloFin OPENAI-USDT+0.0049%8h1,618.6−0.003%$473K$302K20xas long as short
Aster OPENAIUSDT+0.0050%8h1,620+0.089%$211K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,617.7−0.055%$22.8M$17.9M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,617.9−0.046%$6.7M$5.0M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,620.1+0.093%$375K$70K20xas long as short
Variational Omni OPENAI+0.0050%8h1,617.3−0.082%$2.6M$753Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,616.6−0.123%$2K$180K10xas long as short
Coinbase International OPENAI-PERP-INTX+0.0072%1h1,620.1+0.093%$226K$165K5xas long as short
Aevo OPENAI-PERP+0.0104%1h1,617.5−0.070%10xas long as short
Entropy io:OAI+0.0166%1h1,668.9+3.108%$7.7M$2.3M6xas long as short