Funding you earn now, next payment 00:00 UTC+0.0409%/8h= +44.7% APRnext payment +$2.04 per $10,000 · paid last 24h +0.035%
Price spread now: Binance against Bitget+0.049%7-day average +0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1261.261% of the position
Funding, last 7 days+0.119%+$12 on $10k
+Price spread, last 7 days−0.020%−$2 · spread now +0.049%, 7d avg +0.062%
=The price spread sits at its 7-day average of +0.062%, so right now this pair is about funding alone: +$12 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 0.119% in total (about 6.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.04 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 | Bitget COAIUSDT | 0.3229 | 0.0100 | pay 0.0050% / 4h | 1h 23m | $2.2M | $195K | 10x |
| Short | Binance COAIUSDT | 0.3231 | 0.0509 | get 0.0254% / 4h | 1h 23m | $3.4M | $1.2M | 10x |
Bitget COAIUSDT
Binance COAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- $85.8
- Price spread: +0.049% → +0.062%
- −$1.3
- Slippage, 4 orders
- −$104.07
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$41.57
- Costs to cover
- 1.261%
- Break-even
- 10.4 days
Slippage from Bitget: live order book, 4 min ago; Binance: live order book, 13 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 Bitget live order book, 4 min ago | 6.20 bp | 33.6 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 3.09 bp | 27.7 bp −$28 | 233.0 bp −$2,330 | 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 | −13.014% | $237K | $897 | 10x | as long as short |
| Bybit COAIUSDT | +0.0100% | 4h | 0.3227 | −0.062% | $2.8M | $349K | 13x | as long as short |
| OKX COAI-USDT-SWAP | +0.0100% | 4h | 0.3229 | 0.000% | $1.2M | $433K | 10x | as long as short |
| Gate COAI_USDT | +0.0100% | 8h | 0.3221 | −0.248% | $1.3M | $85K | 10x | as long as short |
| KuCoin COAIUSDTM | +0.0100% | 4h | 0.3223 | −0.186% | $2.4M | $1.7M | 10x | as long as short |
| Bitget COAIUSDTlong | +0.0100% | 4h | 0.3229 | long leg | $2.2M | $195K | 10x | |
| SunX COAI-USDT | +0.0100% | 4h | 0.3226 | −0.090% | $2K | $811K | 20x | as long as short |
| Aster COAIUSDT | +0.0219% | 4h | 0.3227 | −0.076% | $34K | $14K | 5x | as long as short |
| BingX COAI-USDT | +0.0476% | 4h | 0.3228 | −0.031% | — | $2.3M | — | as long as short |
| MEXC COAI_USDT | +0.0506% | 4h | 0.3230 | +0.031% | $2.9M | $362K | 50x | as long as short |
GRVT COAI_USDT_Perp
Bybit COAIUSDT
OKX COAI-USDT-SWAP
Gate COAI_USDT
KuCoin COAIUSDTM
SunX COAI-USDT
Aster COAIUSDT
BingX COAI-USDT
MEXC COAI_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance COAIUSDTshort | +0.0509% | 4h | 0.3231 | +0.049% | $3.4M | $1.2M | 10x |