Settings8H · net · $10k
Funding arb · Price arb /

COAI

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0512%/8h= +56.1% APRnext payment +$2.56 per $10,000 · paid last 24h +0.065%
Price spread now: Binance against GRVT+15.084%59s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.329%+$33 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropGRVT: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Binance is 15.084% dearer against GRVT than usual: you sell high and buy low: +$1,508 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.329% in total (about 17.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.56 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT COAI_USDT_Perp0.28090get 0.0000% / 4h1h 22m$237K$89710x
ShortBinance COAIUSDT0.32320.0512get 0.0256% / 4h1h 22m$3.4M$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against GRVT. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$107.54
Price spread: +15.084% → 0.000%
$1,508.41
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
$1,596.95
Costs to cover
0.190%
Break-even
from the start
Slippage unknown: GRVT: no order-book sample; Binance: live order book, 14 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GRVT no order-book sample
Sell Binance live order book, 14 min ago3.09 bp27.7 bp −$28233.0 bp −$2,330doesn't fitdoesn't fit
GRVT: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

COAI on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COAI_USDT_Perplong0.0000%4h0.2809long leg$237K$89710x
Bybit COAIUSDT+0.0100%4h0.3229+14.962%$2.8M$349K13xas long as short
OKX COAI-USDT-SWAP+0.0100%4h0.3230+14.997%$1.2M$433K10xas long as short
Gate COAI_USDT+0.0100%8h0.3222+14.712%$1.3M$85K10xas long as short
KuCoin COAIUSDTM+0.0100%4h0.3225+14.816%$2.4M$1.7M10xas long as short
Bitget COAIUSDT+0.0100%4h0.3229+14.962%$2.2M$195K10xas long as short
SunX COAI-USDT+0.0100%4h0.3227+14.908%$2K$811K20xas long as short
Aster COAIUSDT+0.0222%4h0.3229+14.946%$34K$14K5xas long as short
BingX COAI-USDT+0.0482%4h0.3232+15.068%$2.3Mas long as short
MEXC COAI_USDT+0.0508%4h0.3231+15.033%$2.9M$362K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance COAIUSDTshort+0.0512%4h0.3232+15.084%$3.4M$1.2M10x