Funding you earn now, next payment 00:00 UTC−0.0558%/8h= −61.1% APRpaid last 24h −0.035%
Price spread now: Gate against Binance−0.322%7-day average −0.219% · you buy dearer than you sell
Net, funding: paid 7d − costs−$229as in the Funding arb table
Net, price: spread back to 7d avg − costs−$228as in the Price arb table
costs, in and out, $10k−$2172.172% of the position
Funding, last 7 days−0.119%−$12 on $10k
+Price spread, last 7 days+0.140%+$14 · spread now −0.322%, 7d avg −0.219%
=Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Gate is 0.103% cheaper against Binance than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.219%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.119% in total (about -6.2% a year). A funding rate is set anew for every payment. 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 | 0.3254 | 0.0658 | pay 0.0329% / 4h | 31m 16s | $3.4M | $1.2M | 10x |
| Short | Gate COAI_USDT | 0.3244 | 0.0100 | get 0.0100% / 8h | 31m 16s | $1.4M | $81K | 10x |
Binance COAIUSDT
Gate COAI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$117.09
- Price spread: −0.322% → −0.219%
- −$10.28
- Slippage, 4 orders
- −$192.22
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$344.59
- Costs to cover
- 2.172%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; Gate: live order book, 1 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, 5 min ago | 1.54 bp | 33.7 bp −$34 | 351.7 bp −$3,517 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 4.62 bp | 64.6 bp −$65 | doesn't fit | 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 | −13.696% | $237K | $897 | 10x | as long as short |
| Bybit COAIUSDT | +0.0100% | 4h | 0.3252 | −0.076% | $2.8M | $356K | 13x | as long as short |
| OKX COAI-USDT-SWAP | +0.0100% | 4h | 0.3256 | +0.046% | $1.2M | $439K | 10x | as long as short |
| Gate COAI_USDTshort | +0.0100% | 8h | 0.3244 | −0.322% | $1.4M | $81K | 10x | |
| KuCoin COAIUSDTM | +0.0100% | 4h | 0.3250 | −0.153% | $2.4M | $1.8M | 10x | as long as short |
| SunX COAI-USDT | +0.0100% | 4h | 0.3247 | −0.215% | $1K | $829K | 20x | as long as short |
| Bitget COAIUSDT | +0.0190% | 4h | 0.3253 | −0.046% | $2.2M | $201K | 10x | as long as short |
| Aster COAIUSDT | +0.0361% | 4h | 0.3248 | −0.208% | $34K | $14K | 5x | as long as short |
| BingX COAI-USDT | +0.0620% | 4h | 0.3252 | −0.076% | — | $2.3M | — | as long as short |
| MEXC COAI_USDT | +0.0656% | 4h | 0.3254 | −0.015% | $2.9M | $358K | 50x | as long as short |
GRVT COAI_USDT_Perp
Bybit COAIUSDT
OKX COAI-USDT-SWAP
KuCoin COAIUSDTM
SunX COAI-USDT
Bitget COAIUSDT
Aster COAIUSDT
BingX COAI-USDT
MEXC COAI_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance COAIUSDTlong | +0.0658% | 4h | 0.3254 | long leg | $3.4M | $1.2M | 10x |