Funding you earn now, next payment 04:00 UTC−0.0396%/8h= −43.4% APRpaid last 24h −0.192%
Price spread now: Gate against BingX−0.215%7-day average −0.159% · you buy dearer than you sell
Net, funding: paid 7d − costs−$236as in the Funding arb table
Net, price: spread back to 7d avg − costs−$207as in the Price arb table
costs, in and out, $10k−$2012.013% of the position
Funding, last 7 days−0.350%−$35 on $10k
+Price spread, last 7 days+0.111%+$11 · spread now −0.215%, 7d avg −0.159%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Gate is 0.056% cheaper against BingX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.159%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX COAI-USDT | 0.3263 | 0.0496 | pay 0.0248% / 4h | 30m 34s | — | $2.3M | — |
| Short | Gate COAI_USDT | 0.3256 | 0.0100 | get 0.0100% / 8h | 4h 30m | $1.4M | $75K | 10x |
BingX COAI-USDT
Gate COAI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$83.16
- Price spread: −0.215% → −0.159%
- −$5.57
- Slippage, 4 orders
- −$176.35
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$290.08
- Costs to cover
- 2.013%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; Gate: live order book, 2 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 | 6.13 bp | 38.1 bp −$38 | 207.4 bp −$2,074 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 6.14 bp | 52.3 bp −$52 | 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 | −13.916% | $237K | $897 | 10x | as long as short |
| Bybit COAIUSDT | +0.0100% | 4h | 0.3262 | −0.031% | $2.8M | $410K | 13x | as long as short |
| Gate COAI_USDTshort | +0.0100% | 8h | 0.3256 | −0.215% | $1.4M | $75K | 10x | |
| KuCoin COAIUSDTM | +0.0100% | 4h | 0.3259 | −0.123% | $2.4M | $2.1M | 10x | as long as short |
| Bitget COAIUSDT | +0.0100% | 4h | 0.3262 | −0.031% | $2.2M | $217K | 10x | as long as short |
| SunX COAI-USDT | +0.0100% | 4h | 0.3258 | −0.141% | $1K | $1.0M | 20x | as long as short |
| OKX COAI-USDT-SWAP | +0.0266% | 4h | 0.3267 | +0.123% | $1.2M | $455K | 10x | as long as short |
| Aster COAIUSDT | +0.0284% | 4h | 0.3304 | +1.270% | $36K | $14K | 5x | as long as short |
| BingX COAI-USDTlong | +0.0496% | 4h | 0.3263 | long leg | — | $2.3M | — | |
| MEXC COAI_USDT | +0.0522% | 4h | 0.3265 | +0.061% | $3.0M | $342K | 50x | as long as short |
GRVT COAI_USDT_Perp
Bybit COAIUSDT
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 COAIUSDT | +0.0529% | 4h | 0.3267 | +0.123% | $3.4M | $1.3M | 10x | as long as short |
Binance COAIUSDT