Funding you earn now, next payment 08:00 UTC−0.0383%/8h= −41.9% APRnext payment −$1.91 per $10,000 · paid last 24h −0.084%
Price spread now: SunX against Binance−0.077%56s7-day average −0.143% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.168%−$17 on $10k
+Price spread, last 4 days (all we have)+0.187%+$19 · spread now −0.077%, 7d avg −0.143%
=The price spread pays, funding is against you. SunX is 0.067% dearer against Binance than usual: you sell high and buy low (spread −0.077% now, against its 7-day average of −0.143%): +$7 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 14 hours. At the pace of the last 7 days (−0.168% in total) that is about 2.8 days. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.168% in total (about -8.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.91 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 | 0.3264 | 0.0483 | pay 0.0241% / 4h | 3h 30m | $3.4M | $1.3M | 10x |
| Short | SunX COAI-USDT | 0.3261 | 0.0100 | get 0.0050% / 4h | 3h 30m | $2K | $1.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$80.39
- Price spread: −0.077% → −0.143%
- $6.66
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$91.73
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 5 min ago; SunX: live order book, 2 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 Binance live order book, 5 min ago | 1.54 bp | 34.8 bp −$35 | 428.8 bp −$4,288 | doesn't fit | doesn't fit |
| Sell SunX live order book, 2 min ago | 488.68 bp | doesn't fit | 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 | −13.939% | $237K | $897 | 10x | as long as short |
| Bybit COAIUSDT | +0.0100% | 4h | 0.3261 | −0.092% | $2.8M | $404K | 13x | as long as short |
| Gate COAI_USDT | +0.0100% | 8h | 0.3257 | −0.214% | $1.4M | $74K | 10x | as long as short |
| KuCoin COAIUSDTM | +0.0100% | 4h | 0.3259 | −0.156% | $2.4M | $2.1M | 10x | as long as short |
| Bitget COAIUSDT | +0.0100% | 4h | 0.3256 | −0.245% | $2.2M | $217K | 10x | as long as short |
| SunX COAI-USDTshort | +0.0100% | 4h | 0.3261 | −0.077% | $2K | $1.0M | 20x | |
| Aster COAIUSDT | +0.0233% | 4h | 0.3278 | +0.431% | $36K | $14K | 5x | as long as short |
| OKX COAI-USDT-SWAP | +0.0319% | 4h | 0.3268 | +0.123% | $1.2M | $460K | 10x | as long as short |
| BingX COAI-USDT | +0.0464% | 4h | 0.3259 | −0.153% | — | $2.3M | — | as long as short |
| MEXC COAI_USDT | +0.0478% | 4h | 0.3265 | +0.031% | $2.9M | $353K | 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 | +0.0483% | 4h | 0.3264 | long leg | $3.4M | $1.3M | 10x |
Binance COAIUSDT
SunX COAI-USDT
GRVT COAI_USDT_Perp
Bybit COAIUSDT
Gate COAI_USDT
KuCoin COAIUSDTM
Bitget COAIUSDT
Aster COAIUSDT
OKX COAI-USDT-SWAP
BingX COAI-USDT
MEXC COAI_USDT