Funding you earn now, next payment 04:00 UTC−0.0403%/8h= −44.1% APRnext payment −$2.02 per $10,000 · paid last 24h −0.192%
Price spread now: OKX against BingX+0.213%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$184as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1491.486% of the position
Funding, last 7 days−0.350%−$35 on $10k
+Price spread, last 7 days−0.139%−$14 · spread now +0.213%, 7d avg +0.038%
=The price spread pays, funding is against you. OKX is 0.175% dearer against BingX than usual: you sell high and buy low (spread +0.213% now, against its 7-day average of +0.038%): +$18 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 35 hours. At the pace of the last 7 days (−0.350% in total) that is about 3.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX COAI-USDT | 0.3281 | 0.0552 | pay 0.0276% / 4h | 1h 13m | — | $2.3M | — |
| Short | OKX COAI-USDT-SWAP | 0.3288 | 0.0149 | get 0.0074% / 4h | 1h 13m | $1.3M | $470K | 10x |
BingX COAI-USDT
OKX COAI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$84.66
- Price spread: +0.213% → +0.038%
- $17.5
- Slippage, 4 orders
- −$128.62
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$215.78
- Costs to cover
- 1.486%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; OKX: live order book, 3 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, 10 min ago | 4.55 bp | 38.0 bp −$38 | 187.5 bp −$1,875 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.51 bp | 43.0 bp −$43 | 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 | −14.386% | $237K | $897 | 10x | as long as short |
| Bybit COAIUSDT | +0.0100% | 4h | 0.3278 | −0.091% | $2.9M | $405K | 13x | as long as short |
| Gate COAI_USDT | +0.0100% | 8h | 0.3292 | +0.335% | $1.4M | $76K | 10x | as long as short |
| KuCoin COAIUSDTM | +0.0100% | 4h | 0.3293 | +0.360% | $2.5M | $2.0M | 10x | as long as short |
| Bitget COAIUSDT | +0.0100% | 4h | 0.3281 | 0.000% | $2.2M | $214K | 10x | as long as short |
| SunX COAI-USDT | +0.0100% | 4h | 0.3293 | +0.378% | $2K | $970K | 20x | as long as short |
| OKX COAI-USDT-SWAPshort | +0.0149% | 4h | 0.3288 | +0.213% | $1.3M | $470K | 10x | |
| Aster COAIUSDT | +0.0354% | 4h | 0.3293 | +0.366% | $36K | $14K | 5x | as long as short |
| BingX COAI-USDTlong | +0.0552% | 4h | 0.3281 | long leg | — | $2.3M | — | |
| MEXC COAI_USDT | +0.0590% | 4h | 0.3282 | +0.030% | $3.0M | $333K | 50x | as long as short |
GRVT COAI_USDT_Perp
Bybit COAIUSDT
Gate COAI_USDT
KuCoin COAIUSDTM
Bitget COAIUSDT
SunX COAI-USDT
Aster COAIUSDT
MEXC COAI_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance COAIUSDT | +0.0592% | 4h | 0.3285 | +0.122% | $3.5M | $1.3M | 10x | as long as short |
Binance COAIUSDT