Funding you earn now, next payment 08:00 UTC+0.0287%/8h= +31.5% APRpaid last 24h +0.084%
Price spread now: Binance against Gate+0.138%7-day average +0.222% · you sell dearer than you buy
Net, funding: paid 7d − costs−$179as in the Funding arb table
Net, price: spread back to 7d avg − costs−$204as in the Price arb table
costs, in and out, $10k−$1961.955% of the position
Funding, last 7 days+0.168%+$17 on $10k
+Price spread, last 7 days+0.100%+$10 · spread now +0.138%, 7d avg +0.222%
=Funding pays, the price is against you. Binance is 0.084% cheaper against Gate than usual: you would sell low and buy high (spread +0.138% now, against its 7-day average of +0.222%). If the spread goes back, that is −$8 on $10k: about 24 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.168% in total) that is about 3.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.168% in total (about 8.8% a year). A funding rate is set anew for every payment. 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 | Gate COAI_USDT | 0.3222 | 0.0100 | pay 0.0100% / 8h | 2h 41m | $1.3M | $76K | 10x |
| Short | Binance COAIUSDT | 0.3226 | 0.0387 | get 0.0194% / 4h | 2h 41m | $3.4M | $1.3M | 10x |
Gate COAI_USDT
Binance COAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $60.34
- Price spread: +0.138% → +0.222%
- −$8.44
- Slippage, 4 orders
- −$170.51
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$143.62
- Costs to cover
- 1.955%
- Break-even
- 23.7 days
Slippage from Gate: live order book, 1 min ago; Binance: live order book, 10 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 Gate live order book, 1 min ago | 4.65 bp | 62.6 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 3.07 bp | 34.6 bp −$35 | 234.8 bp −$2,348 | 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 | −12.819% | $237K | $897 | 10x | as long as short |
| Bybit COAIUSDT | +0.0100% | 4h | 0.3222 | 0.000% | $2.8M | $404K | 13x | as long as short |
| Gate COAI_USDTlong | +0.0100% | 8h | 0.3222 | long leg | $1.3M | $76K | 10x | |
| Bitget COAIUSDT | +0.0100% | 4h | 0.3230 | +0.248% | $2.2M | $209K | 10x | as long as short |
| SunX COAI-USDT | +0.0100% | 4h | 0.3224 | +0.074% | $2K | $1.0M | 20x | as long as short |
| KuCoin COAIUSDTM | +0.0114% | 4h | 0.3225 | +0.078% | $2.4M | $2.2M | 10x | as long as short |
| Aster COAIUSDT | +0.0116% | 4h | 0.3229 | +0.227% | $35K | $14K | 5x | as long as short |
| OKX COAI-USDT-SWAP | +0.0225% | 4h | 0.3224 | +0.062% | $1.2M | $449K | 10x | as long as short |
| Binance COAIUSDTshort | +0.0387% | 4h | 0.3226 | +0.138% | $3.4M | $1.3M | 10x | |
| MEXC COAI_USDT | +0.0388% | 4h | 0.3227 | +0.155% | $2.9M | $357K | 50x | as long as short |
GRVT COAI_USDT_Perp
Bybit COAIUSDT
Bitget COAIUSDT
SunX COAI-USDT
KuCoin COAIUSDTM
Aster COAIUSDT
OKX COAI-USDT-SWAP
MEXC COAI_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX COAI-USDT | +0.0400% | 4h | 0.3226 | +0.124% | — | $2.3M | — | as long as short |
BingX COAI-USDT