Funding you earn now, next payment 04:00 UTC+0.0042%/8h= +4.6% APRnext payment +$0.21 per $10,000 · paid last 24h −0.129%
Price spread now: Binance against BingX+0.040%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1421.424% of the position
Funding, last 7 days−0.203%−$20 on $10k
+Price spread, last 7 days+0.080%+$8 · spread now +0.040%, 7d avg +0.063%
=Funding pays, the price is against you. Binance is 0.022% cheaper against BingX than usual: you would sell low and buy high (spread +0.040% now, against its 7-day average of +0.063%). If the spread goes back, that is −$2 on $10k: about 43 hours of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.203%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX COAI-USDT | 0.3300 | 0.0552 | pay 0.0276% / 4h | 1h 15m | — | $2.3M | — |
| Short | Binance COAIUSDT | 0.3301 | 0.0594 | get 0.0297% / 4h | 1h 15m | $3.5M | $1.3M | 10x |
BingX COAI-USDT
Binance COAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- $8.76
- Price spread: +0.040% → +0.063%
- −$2.25
- Slippage, 4 orders
- −$122.37
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$135.86
- Costs to cover
- 1.424%
- Break-even
- 115.6 days
Slippage from BingX: live order book, 8 min ago; Binance: 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 BingX live order book, 8 min ago | 4.55 bp | 38.0 bp −$38 | 187.5 bp −$1,875 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.51 bp | 35.1 bp −$35 | 252.8 bp −$2,528 | 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 | −14.881% | $237K | $897 | 10x | as long as short |
| Bybit COAIUSDT | +0.0100% | 4h | 0.3301 | +0.030% | $2.9M | $390K | 13x | as long as short |
| Gate COAI_USDT | +0.0100% | 8h | 0.3301 | +0.030% | $1.4M | $76K | 10x | as long as short |
| KuCoin COAIUSDTM | +0.0100% | 4h | 0.3297 | −0.100% | $2.5M | $2.0M | 10x | as long as short |
| Bitget COAIUSDT | +0.0100% | 4h | 0.3304 | +0.121% | $2.2M | $214K | 10x | as long as short |
| SunX COAI-USDT | +0.0100% | 4h | 0.3302 | +0.073% | $2K | $965K | 20x | as long as short |
| OKX COAI-USDT-SWAP | +0.0145% | 4h | 0.3304 | +0.121% | $1.3M | $466K | 10x | as long as short |
| Aster COAIUSDT | +0.0358% | 4h | 0.3319 | +0.585% | $36K | $15K | 5x | as long as short |
| BingX COAI-USDTlong | +0.0552% | 4h | 0.3300 | long leg | — | $2.3M | — | |
| MEXC COAI_USDT | +0.0588% | 4h | 0.3302 | +0.061% | $3.0M | $332K | 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 COAIUSDTshort | +0.0594% | 4h | 0.3301 | +0.040% | $3.5M | $1.3M | 10x |