Funding you earn now, next payment 08:00 UTC+0.0584%/8h= +63.9% APRpaid last 24h +0.066%
Price spread now: KuCoin against Gate+0.089%7-day average +0.111% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,460as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,488as in the Price arb table
costs, in and out, $10k−$1,48614.863% of the position
Funding, last 7 days+0.264%+$26 on $10k
+Price spread, last 7 days−0.055%−$6 · spread now +0.089%, 7d avg +0.111%
=Funding pays, the price is against you. KuCoin is 0.022% cheaper against Gate than usual: you would sell low and buy high (spread +0.089% now, against its 7-day average of +0.111%). If the spread goes back, that is −$2 on $10k: about 3 hours of funding at the current rate (+$18 a day). At the pace of the last 7 days (+0.264% in total) that is about 14 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.264% in total (about 13.8% 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 | 0.3256 | 0.0100 | pay 0.0100% / 8h | 1h 06m | $1.4M | $81K | 10x |
| Short | KuCoin COAIUSDTM | 0.3259 | 0.0684 | get 0.0342% / 4h | 1h 06m | $2.4M | $2.2M | 10x |
Gate COAI_USDT
KuCoin COAIUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $122.64
- Price spread: +0.089% → +0.111%
- −$2.18
- Slippage, 4 orders
- −$1,459.28
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,365.82
- Costs to cover
- 14.863%
- Break-even
- 85.0 days
Slippage from Gate: live order book, 1 min ago; KuCoin: 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 Gate live order book, 1 min ago | 4.60 bp | 59.7 bp −$60 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 13.39 bp | 436.3 bp −$436 | 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 | −13.726% | $237K | $897 | 10x | as long as short |
| Aster COAIUSDT | +0.0100% | 4h | 0.3279 | +0.706% | $36K | $14K | 5x | as long as short |
| Bybit COAIUSDT | +0.0100% | 4h | 0.3258 | +0.061% | $2.8M | $421K | 13x | as long as short |
| Gate COAI_USDTlong | +0.0100% | 8h | 0.3256 | long leg | $1.4M | $81K | 10x | |
| Bitget COAIUSDT | +0.0100% | 4h | 0.3264 | +0.246% | $2.2M | $233K | 10x | as long as short |
| SunX COAI-USDT | +0.0100% | 4h | 0.3260 | +0.135% | $2K | $1.2M | 20x | as long as short |
| OKX COAI-USDT-SWAP | +0.0204% | 4h | 0.3263 | +0.215% | $1.2M | $471K | 10x | as long as short |
| Binance COAIUSDT | +0.0342% | 4h | 0.3265 | +0.282% | $3.5M | $1.4M | 10x | as long as short |
| MEXC COAI_USDT | +0.0344% | 4h | 0.3264 | +0.246% | $2.9M | $363K | 50x | as long as short |
| BingX COAI-USDT | +0.0350% | 4h | 0.3262 | +0.184% | — | $2.3M | — | as long as short |
GRVT COAI_USDT_Perp
Aster COAIUSDT
Bybit COAIUSDT
Bitget COAIUSDT
SunX COAI-USDT
OKX COAI-USDT-SWAP
Binance COAIUSDT
MEXC COAI_USDT
BingX COAI-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin COAIUSDTMshort | +0.0684% | 4h | 0.3259 | +0.089% | $2.4M | $2.2M | 10x |