Funding you earn now, next payment 04:00 UTC+0.0506%/8h= +55.4% APRpaid last 24h +0.192%
Price spread now: BingX against Gate+0.216%7-day average +0.157% · you sell dearer than you buy
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$177as in the Price arb table
costs, in and out, $10k−$1831.830% of the position
Funding, last 7 days+0.350%+$35 on $10k
+Price spread, last 7 days−0.107%−$11 · spread now +0.216%, 7d avg +0.157%
=Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and BingX is 0.059% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.157%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.350% in total (about 18.3% 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 | 0.3239 | 0.0100 | pay 0.0100% / 8h | 7h 41m | $1.4M | $79K | 10x |
| Short | BingX COAI-USDT | 0.3246 | 0.0606 | get 0.0303% / 4h | 3h 41m | — | $2.3M | — |
Gate COAI_USDT
BingX COAI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $106.26
- Price spread: +0.216% → +0.157%
- $5.92
- Slippage, 4 orders
- −$157.97
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$70.79
- Costs to cover
- 1.830%
- Break-even
- 11.7 days
Slippage from Gate: live order book, 1 min ago; BingX: live order book, 2 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 | 3.09 bp | 69.1 bp −$69 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 4.63 bp | 33.0 bp −$33 | 130.1 bp −$1,301 | 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 | −13.281% | $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-SWAP | +0.0100% | 4h | 0.3246 | +0.216% | $1.2M | $438K | 10x | as long as short |
| Gate COAI_USDTlong | +0.0100% | 8h | 0.3239 | long leg | $1.4M | $79K | 10x | |
| KuCoin COAIUSDTM | +0.0100% | 4h | 0.3240 | +0.040% | $2.4M | $1.8M | 10x | as long as short |
| SunX COAI-USDT | +0.0100% | 4h | 0.3245 | +0.182% | $2K | $849K | 20x | as long as short |
| Bitget COAIUSDT | +0.0132% | 4h | 0.3246 | +0.216% | $2.2M | $204K | 10x | as long as short |
| Aster COAIUSDT | +0.0326% | 4h | 0.3247 | +0.247% | $35K | $15K | 5x | as long as short |
| BingX COAI-USDTshort | +0.0606% | 4h | 0.3246 | +0.216% | — | $2.3M | — | |
| Binance COAIUSDT | +0.0631% | 4h | 0.3248 | +0.290% | $3.4M | $1.2M | 10x | as long as short |
GRVT COAI_USDT_Perp
Bybit COAIUSDT
OKX COAI-USDT-SWAP
KuCoin COAIUSDTM
SunX COAI-USDT
Bitget COAIUSDT
Aster COAIUSDT
Binance COAIUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC COAI_USDT | +0.0632% | 4h | 0.3247 | +0.247% | $2.9M | $351K | 50x | as long as short |
MEXC COAI_USDT