COAI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0556%/8h= −60.9% APRnext payment −$2.78 per $10,000 · paid last 24h +0.126%

Price spread now: Bybit against Binance−0.062%7-day average −0.133% · you buy dearer than you sell

Net, funding: paid 7d − costs−$189as in the Funding arb table

Net, price: spread back to 7d avg − costs−$195as in the Price arb table

costs, in and out, $10k−$2022.019% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.128%+$13 on $10k

Price spread, last 7 days−0.076%−$8 · spread now −0.062%, 7d avg −0.133%

Together, before fees+0.053%+$5 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.072% dearer against Binance than usual: you sell high and buy low (spread −0.062% now, against its 7-day average of −0.133%): +$7 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 10 hours. Mind the row above: over the last 7 days funding on this pair paid +0.128%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.128% in total (about 6.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.78 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance COAIUSDT	0.3251	0.0656	pay 0.0328% / 4h	29m 18s	$3.4M	$1.2M	10x
Short	Bybit COAIUSDT	0.3249	0.0100	get 0.0050% / 4h	29m 18s	$2.8M	$358K	13x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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 BinancebpFee BybitbpOrdersPrice spread, now −0.062%Rate

Funding earned: −$116.82
Price spread: −0.062% → −0.133%: $7.19
Slippage, 4 orders: −$180.93
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$311.56
Costs to cover: 2.019%
Break-even: never at this rate

Slippage from Binance: live order book, 7 min ago; Bybit: live order book, 3 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, 7 min ago	1.54 bp	33.7 bp −$34	351.7 bp −$3,517	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	4.61 bp	69.4 bp −$69	427.9 bp −$4,279	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	−13.603%	$237K	$897	10x	as long as short
Bybit COAIUSDTshort	+0.0100%	4h	0.3249	−0.062%	$2.8M	$358K	13x
OKX COAI-USDT-SWAP	+0.0100%	4h	0.3251	0.000%	$1.2M	$437K	10x	as long as short
Gate COAI_USDT	+0.0100%	8h	0.3242	−0.277%	$1.4M	$81K	10x	as long as short
KuCoin COAIUSDTM	+0.0100%	4h	0.3243	−0.234%	$2.4M	$1.8M	10x	as long as short
SunX COAI-USDT	+0.0100%	4h	0.3247	−0.111%	$1K	$829K	20x	as long as short
Bitget COAIUSDT	+0.0184%	4h	0.3250	−0.031%	$2.2M	$201K	10x	as long as short
Aster COAIUSDT	+0.0359%	4h	0.3246	−0.154%	$34K	$14K	5x	as long as short
BingX COAI-USDT	+0.0620%	4h	0.3249	−0.062%	—	$2.3M	—	as long as short
MEXC COAI_USDT	+0.0656%	4h	0.3251	0.000%	$2.9M	$358K	50x	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance COAIUSDTlong	+0.0656%	4h	0.3251	long leg	$3.4M	$1.2M	10x