Funding you earn now, next payment 04:00 UTC−0.0506%/8h= −55.4% APRnext payment −$2.53 per $10,000 · paid last 24h −0.031%
Price spread now: Bybit against BingX−0.062%7-day average −0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$175as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1651.646% of the position
Funding, last 7 days−0.103%−$10 on $10k
+Price spread, last 7 days+0.016%+$2 · spread now −0.062%, 7d avg −0.070%
=The price spread sits at its 7-day average of −0.070%, so right now this pair is about funding alone: −$15 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.103% in total (about -5.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.53 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 | BingX COAI-USDT | 0.3246 | 0.0606 | pay 0.0303% / 4h | 3h 41m | — | $2.3M | — |
| Short | Bybit COAIUSDT | 0.3244 | 0.0100 | get 0.0050% / 4h | 3h 41m | $2.8M | $379K | 13x |
BingX COAI-USDT
Bybit COAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$106.26
- Price spread: −0.062% → −0.070%
- $0.86
- Slippage, 4 orders
- −$143.55
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$269.96
- Costs to cover
- 1.646%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; Bybit: 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 BingX live order book, 3 min ago | 4.63 bp | 24.1 bp −$24 | 146.0 bp −$1,460 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 4.63 bp | 38.7 bp −$39 | 378.4 bp −$3,784 | 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 | −13.468% | $237K | $897 | 10x | as long as short |
| Bybit COAIUSDTshort | +0.0100% | 4h | 0.3244 | −0.062% | $2.8M | $379K | 13x | |
| OKX COAI-USDT-SWAP | +0.0100% | 4h | 0.3246 | 0.000% | $1.2M | $438K | 10x | as long as short |
| Gate COAI_USDT | +0.0100% | 8h | 0.3239 | −0.216% | $1.4M | $79K | 10x | as long as short |
| KuCoin COAIUSDTM | +0.0100% | 4h | 0.3241 | −0.157% | $2.4M | $1.8M | 10x | as long as short |
| SunX COAI-USDT | +0.0100% | 4h | 0.3244 | −0.062% | $2K | $850K | 20x | as long as short |
| Bitget COAIUSDT | +0.0132% | 4h | 0.3247 | +0.031% | $2.2M | $204K | 10x | as long as short |
| Aster COAIUSDT | +0.0326% | 4h | 0.3247 | +0.031% | $35K | $15K | 5x | as long as short |
| BingX COAI-USDTlong | +0.0606% | 4h | 0.3246 | long leg | — | $2.3M | — | |
| Binance COAIUSDT | +0.0631% | 4h | 0.3249 | +0.089% | $3.4M | $1.2M | 10x | as long as short |
GRVT COAI_USDT_Perp
OKX COAI-USDT-SWAP
Gate COAI_USDT
KuCoin COAIUSDTM
SunX COAI-USDT
Bitget COAIUSDT
Aster COAIUSDT
Binance COAIUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC COAI_USDT | +0.0632% | 4h | 0.3248 | +0.062% | $2.9M | $351K | 50x | as long as short |
MEXC COAI_USDT