Funding you earn now, next payment 08:00 UTC+0.0127%/8h= +13.9% APRnext payment +$0.63 per $10,000 · paid last 24h −0.150%
Price spread now: OKX against Bybit0.000%7-day average +0.109% · you sell dearer than you buy
Net, funding: paid 7d − costs−$255as in the Funding arb table
Net, price: spread back to 7d avg − costs−$242as in the Price arb table
costs, in and out, $10k−$2312.310% of the position
Funding, last 7 days−0.237%−$24 on $10k
+Price spread, last 7 days+0.116%+$12 · spread now 0.000%, 7d avg +0.109%
=Funding pays, the price is against you. OKX is 0.109% cheaper against Bybit than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.109%). If the spread goes back, that is −$11 on $10k: about 2.9 days of funding at the current rate (+$4 a day). Mind the row above: over the last 7 days funding on this pair cost −0.237%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit COAIUSDT | 0.3232 | 0.0100 | pay 0.0050% / 4h | 2h 36m | $2.8M | $405K | 13x |
| Short | OKX COAI-USDT-SWAP | 0.3232 | 0.0227 | get 0.0113% / 4h | 2h 36m | $1.2M | $450K | 10x |
Bybit COAIUSDT
OKX COAI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bybit. 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
- $26.65
- Price spread: 0.000% → +0.109%
- −$10.91
- Slippage, 4 orders
- −$210
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$215.26
- Costs to cover
- 2.310%
- Break-even
- 63.5 days
Slippage from Bybit: live order book, 6 min ago; OKX: live order book, 5 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 Bybit live order book, 6 min ago | 4.64 bp | 80.5 bp −$81 | 634.7 bp −$6,347 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 3.10 bp | 42.6 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 | −13.088% | $237K | $897 | 10x | as long as short |
| Bybit COAIUSDTlong | +0.0100% | 4h | 0.3232 | long leg | $2.8M | $405K | 13x | |
| Gate COAI_USDT | +0.0100% | 8h | 0.3227 | −0.155% | $1.4M | $76K | 10x | as long as short |
| Bitget COAIUSDT | +0.0100% | 4h | 0.3226 | −0.186% | $2.2M | $209K | 10x | as long as short |
| SunX COAI-USDT | +0.0100% | 4h | 0.3232 | +0.003% | $2K | $1.0M | 20x | as long as short |
| Aster COAIUSDT | +0.0101% | 4h | 0.3231 | −0.020% | $35K | $14K | 5x | as long as short |
| KuCoin COAIUSDTM | +0.0138% | 4h | 0.3231 | −0.019% | $2.4M | $2.2M | 10x | as long as short |
| OKX COAI-USDT-SWAPshort | +0.0227% | 4h | 0.3232 | 0.000% | $1.2M | $450K | 10x | |
| MEXC COAI_USDT | +0.0374% | 4h | 0.3236 | +0.124% | $2.9M | $357K | 50x | as long as short |
| Binance COAIUSDT | +0.0374% | 4h | 0.3234 | +0.062% | $3.4M | $1.3M | 10x | as long as short |
GRVT COAI_USDT_Perp
Gate COAI_USDT
Bitget COAIUSDT
SunX COAI-USDT
Aster COAIUSDT
KuCoin COAIUSDTM
MEXC COAI_USDT
Binance COAIUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX COAI-USDT | +0.0382% | 4h | 0.3233 | +0.031% | — | $2.3M | — | as long as short |
BingX COAI-USDT