Funding you earn now, next payment 04:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.13 per $10,000 · paid last 24h −0.003%
Price spread now: OKX against Bitget0.000%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1381.382% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 7 days−0.006%−$1 · spread now 0.000%, 7d avg +0.035%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.035% cheaper against Bitget than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.035%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget COAIUSDT | 0.3249 | 0.0126 | pay 0.0063% / 4h | 3h 40m | $2.2M | $204K | 10x |
| Short | OKX COAI-USDT-SWAP | 0.3249 | 0.0100 | get 0.0050% / 4h | 3h 40m | $1.2M | $438K | 10x |
Bitget COAIUSDT
OKX COAI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$5.46
- Price spread: 0.000% → +0.035%
- −$3.51
- Slippage, 4 orders
- −$116.2
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$147.18
- Costs to cover
- 1.382%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; OKX: 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 Bitget live order book, 2 min ago | 6.16 bp | 33.2 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 4.62 bp | 38.0 bp −$38 | 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 | −13.548% | $237K | $897 | 10x | as long as short |
| Bybit COAIUSDT | +0.0100% | 4h | 0.3244 | −0.154% | $2.8M | $379K | 13x | as long as short |
| OKX COAI-USDT-SWAPshort | +0.0100% | 4h | 0.3249 | 0.000% | $1.2M | $438K | 10x | |
| Gate COAI_USDT | +0.0100% | 8h | 0.3241 | −0.246% | $1.4M | $79K | 10x | as long as short |
| KuCoin COAIUSDTM | +0.0100% | 4h | 0.3238 | −0.332% | $2.4M | $1.8M | 10x | as long as short |
| SunX COAI-USDT | +0.0100% | 4h | 0.3246 | −0.098% | $2K | $850K | 20x | as long as short |
| Bitget COAIUSDTlong | +0.0126% | 4h | 0.3249 | long leg | $2.2M | $204K | 10x | |
| Aster COAIUSDT | +0.0322% | 4h | 0.3247 | −0.062% | $35K | $15K | 5x | as long as short |
| BingX COAI-USDT | +0.0606% | 4h | 0.3247 | −0.062% | — | $2.3M | — | as long as short |
| Binance COAIUSDT | +0.0627% | 4h | 0.3251 | +0.061% | $3.4M | $1.2M | 10x | as long as short |
GRVT COAI_USDT_Perp
Bybit COAIUSDT
Gate COAI_USDT
KuCoin COAIUSDTM
SunX COAI-USDT
Aster COAIUSDT
BingX COAI-USDT
Binance COAIUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC COAI_USDT | +0.0630% | 4h | 0.3250 | +0.031% | $2.9M | $351K | 50x | as long as short |
MEXC COAI_USDT