Funding you earn now, next payment 04:00 UTC−0.0036%/8h= −4.0% APRnext payment −$0.18 per $10,000 · paid last 24h +0.129%
Price spread now: BingX against Binance+0.031%7-day average −0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1421.418% of the position
Funding, last 7 days+0.203%+$20 on $10k
+Price spread, last 7 days−0.140%−$14 · spread now +0.031%, 7d avg −0.063%
=The price spread pays, funding is against you. BingX is 0.093% dearer against Binance than usual: you sell high and buy low (spread +0.031% now, against its 7-day average of −0.063%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.6 days. Mind the row above: over the last 7 days funding on this pair paid +0.203%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance COAIUSDT | 0.3255 | 0.0535 | pay 0.0267% / 4h | 27m 46s | $3.4M | $1.3M | 10x |
| Short | BingX COAI-USDT | 0.3256 | 0.0498 | get 0.0249% / 4h | 27m 46s | — | $2.3M | — |
Binance COAIUSDT
BingX COAI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- −$7.6
- Price spread: +0.031% → −0.063%
- $9.32
- Slippage, 4 orders
- −$121.78
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$140.06
- Costs to cover
- 1.418%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; BingX: live order book, 5 min ago.
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 Binance live order book, 8 min ago | 1.53 bp | 32.4 bp −$32 | 422.4 bp −$4,224 | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 6.13 bp | 34.6 bp −$35 | 123.3 bp −$1,233 | doesn't fit | doesn't fit |
COAI on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT COAI_USDT_Perp | 0.0000% | 4h | 0.2809 | −13.702% | $237K | $897 | 10x | as long as short |
| Bybit COAIUSDT | +0.0100% | 4h | 0.3257 | +0.061% | $2.8M | $410K | 13x | as long as short |
| Gate COAI_USDT | +0.0100% | 8h | 0.3254 | −0.031% | $1.4M | $75K | 10x | as long as short |
| KuCoin COAIUSDTM | +0.0100% | 4h | 0.3252 | −0.080% | $2.4M | $2.1M | 10x | as long as short |
| Bitget COAIUSDT | +0.0100% | 4h | 0.3259 | +0.123% | $2.2M | $219K | 10x | as long as short |
| SunX COAI-USDT | +0.0100% | 4h | 0.3254 | −0.043% | $1K | $1.0M | 20x | as long as short |
| OKX COAI-USDT-SWAP | +0.0273% | 4h | 0.3255 | 0.000% | $1.2M | $453K | 10x | as long as short |
| Aster COAIUSDT | +0.0295% | 4h | 0.3296 | +1.271% | $36K | $14K | 5x | as long as short |
| BingX COAI-USDTshort | +0.0498% | 4h | 0.3256 | +0.031% | — | $2.3M | — | |
| MEXC COAI_USDT | +0.0528% | 4h | 0.3255 | 0.000% | $2.9M | $345K | 50x | as long as short |
GRVT COAI_USDT_Perp
Bybit COAIUSDT
Gate COAI_USDT
KuCoin COAIUSDTM
Bitget COAIUSDT
SunX COAI-USDT
OKX COAI-USDT-SWAP
Aster COAIUSDT
MEXC COAI_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance COAIUSDTlong | +0.0535% | 4h | 0.3255 | long leg | $3.4M | $1.3M | 10x |