Funding you earn now, next payment 04:00 UTC+0.0454%/8h= +49.7% APRnext payment +$2.27 per $10,000 · paid last 24h +0.189%
Price spread now: BingX against Bitget−0.123%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1231.233% of the position
Funding, last 7 days+0.347%+$35 on $10k
+Price spread, last 7 days+0.049%+$5 · spread now −0.123%, 7d avg −0.002%
=Funding pays, the price is against you. BingX is 0.121% cheaper against Bitget than usual: you would sell low and buy high (spread −0.123% now, against its 7-day average of −0.002%). If the spread goes back, that is −$12 on $10k: about 21 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.347% in total) that is about 2.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget COAIUSDT | 0.3256 | 0.0100 | pay 0.0050% / 4h | 2h 08m | $2.2M | $201K | 10x |
| Short | BingX COAI-USDT | 0.3252 | 0.0554 | get 0.0277% / 4h | 2h 08m | — | $2.3M | — |
Bitget COAIUSDT
BingX COAI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $95.34
- Price spread: −0.123% → −0.002%
- −$12.06
- Slippage, 4 orders
- −$101.35
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$40.07
- Costs to cover
- 1.233%
- Break-even
- 9.9 days
Slippage from Bitget: live order book, 4 min ago; BingX: live order book, 11 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 | 6.15 bp | 27.7 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 4.62 bp | 27.9 bp −$28 | 108.1 bp −$1,081 | 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 | −13.730% | $237K | $897 | 10x | as long as short |
| Bybit COAIUSDT | +0.0100% | 4h | 0.3250 | −0.184% | $2.8M | $386K | 13x | as long as short |
| OKX COAI-USDT-SWAP | +0.0100% | 4h | 0.3258 | +0.061% | $1.2M | $425K | 10x | as long as short |
| Gate COAI_USDT | +0.0100% | 8h | 0.3246 | −0.307% | $1.4M | $75K | 10x | as long as short |
| KuCoin COAIUSDTM | +0.0100% | 4h | 0.3245 | −0.332% | $2.4M | $2.0M | 10x | as long as short |
| Bitget COAIUSDTlong | +0.0100% | 4h | 0.3256 | long leg | $2.2M | $201K | 10x | |
| SunX COAI-USDT | +0.0100% | 4h | 0.3244 | −0.365% | $2K | $897K | 20x | as long as short |
| Aster COAIUSDT | +0.0322% | 4h | 0.3266 | +0.301% | $36K | $15K | 5x | as long as short |
| BingX COAI-USDTshort | +0.0554% | 4h | 0.3252 | −0.123% | — | $2.3M | — | |
| MEXC COAI_USDT | +0.0598% | 4h | 0.3255 | −0.031% | $2.9M | $347K | 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
MEXC COAI_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance COAIUSDT | +0.0598% | 4h | 0.3258 | +0.061% | $3.4M | $1.2M | 10x | as long as short |
Binance COAIUSDT