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

COAI

all COAI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0218%/8h= +23.8% APRnext payment +$1.09 per $10,000 · paid last 24h −0.055%
Price spread now: OKX against KuCoin+0.012%7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,376as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,358as in the Price arb table
costs, in and out, $10k−$1,35113.507% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.253%−$25 on $10k
Price spread, last 7 days+0.132%+$13 · spread now +0.012%, 7d avg +0.085%
Together, before fees−0.121%−$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.073% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.012% now, against its 7-day average of +0.085%). If the spread goes back, that is −$7 on $10k: about 27 hours of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.253%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin COAIUSDTM0.32570.0100pay 0.0050% / 4h3h 48m$2.4M$2.1M10x
ShortOKX COAI-USDT-SWAP0.32570.0318get 0.0159% / 4h3h 48m$1.2M$457K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against KuCoin. 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
$45.73
Price spread: +0.012% → +0.085%
−$7.28
Slippage, 4 orders
−$1,328.68
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$1,312.23
Costs to cover
13.507%
Break-even
207.8 days
Slippage from KuCoin: live order book, 3 min ago; OKX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 3 min ago7.97 bp942.9 bp −$943doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 3 min ago3.06 bp38.1 bp −$38doesn't fitdoesn't fitdoesn't fit

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_Perp0.0000%4h0.2809−13.744%$237K$89710xas long as short
Bybit COAIUSDT+0.0100%4h0.3253−0.111%$2.8M$407K13xas long as short
Gate COAI_USDT+0.0100%8h0.3253−0.111%$1.4M$74K10xas long as short
KuCoin COAIUSDTMlong+0.0100%4h0.3257long leg$2.4M$2.1M10x
Bitget COAIUSDT+0.0100%4h0.3261+0.135%$2.2M$216K10xas long as short
SunX COAI-USDT+0.0100%4h0.3254−0.068%$1K$1.0M20xas long as short
Aster COAIUSDT+0.0279%4h0.3277+0.636%$36K$14K5xas long as short
OKX COAI-USDT-SWAPshort+0.0318%4h0.3257+0.012%$1.2M$457K10x
BingX COAI-USDT+0.0498%4h0.3257+0.012%$2.3Mas long as short
MEXC COAI_USDT+0.0518%4h0.3259+0.074%$2.9M$351K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance COAIUSDT+0.0518%4h0.3259+0.087%$3.4M$1.3M10xas long as short