Funding you earn now, next payment 08:00 UTC+0.0364%/8h= +39.9% APRnext payment +$1.82 per $10,000 · paid last 24h +0.146%
Price spread now: BingX against KuCoin+0.003%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,540as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,555as in the Price arb table
costs, in and out, $10k−$1,55015.503% of the position
Funding, last 7 days+0.105%+$10 on $10k
+Price spread, last 7 days+0.061%+$6 · spread now +0.003%, 7d avg +0.048%
=Funding pays, the price is against you. BingX is 0.045% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.003% now, against its 7-day average of +0.048%). If the spread goes back, that is −$4 on $10k: about 10 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.105% in total) that is about 3.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.105% in total (about 5.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.82 per $10,000. 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 | KuCoin COAIUSDTM | 0.3259 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $2.4M | $2.1M | 10x |
| Short | BingX COAI-USDT | 0.3259 | 0.0464 | get 0.0232% / 4h | 3h 30m | — | $2.3M | — |
KuCoin COAIUSDTM
BingX COAI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. 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
- $76.44
- Price spread: +0.003% → +0.048%
- −$4.49
- Slippage, 4 orders
- −$1,528.29
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$1,478.34
- Costs to cover
- 15.503%
- Break-even
- 142.4 days
Slippage from KuCoin: live order book, 1 min ago; BingX: live order book, 3 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 KuCoin live order book, 1 min ago | 7.66 bp | 1138.8 bp −$1,139 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 4.61 bp | 31.9 bp −$32 | 107.4 bp −$1,074 | 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 | −13.804% | $237K | $897 | 10x | as long as short |
| Bybit COAIUSDT | +0.0100% | 4h | 0.3262 | +0.095% | $2.8M | $404K | 13x | as long as short |
| Gate COAI_USDT | +0.0100% | 8h | 0.3257 | −0.058% | $1.4M | $74K | 10x | as long as short |
| KuCoin COAIUSDTMlong | +0.0100% | 4h | 0.3259 | long leg | $2.4M | $2.1M | 10x | |
| Bitget COAIUSDT | +0.0100% | 4h | 0.3256 | −0.089% | $2.2M | $217K | 10x | as long as short |
| SunX COAI-USDT | +0.0100% | 4h | 0.3261 | +0.064% | $1K | $1.0M | 20x | as long as short |
| Aster COAIUSDT | +0.0233% | 4h | 0.3279 | +0.620% | $36K | $14K | 5x | as long as short |
| OKX COAI-USDT-SWAP | +0.0319% | 4h | 0.3268 | +0.279% | $1.2M | $460K | 10x | as long as short |
| BingX COAI-USDTshort | +0.0464% | 4h | 0.3259 | +0.003% | — | $2.3M | — | |
| MEXC COAI_USDT | +0.0478% | 4h | 0.3265 | +0.187% | $2.9M | $353K | 50x | as long as short |
GRVT COAI_USDT_Perp
Bybit COAIUSDT
Gate COAI_USDT
Bitget COAIUSDT
SunX COAI-USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance COAIUSDT | +0.0483% | 4h | 0.3267 | +0.236% | $3.4M | $1.3M | 10x | as long as short |
Binance COAIUSDT