Funding you earn now, next payment 04:00 UTC+0.0438%/8h= +48.0% APRnext payment +$2.19 per $10,000 · paid last 24h +0.192%
Price spread now: BingX against OKX−0.061%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1381.377% of the position
Funding, last 7 days+0.350%+$35 on $10k
+Price spread, last 7 days−0.013%−$1 · spread now −0.061%, 7d avg −0.038%
=Funding pays, the price is against you. BingX is 0.023% cheaper against OKX than usual: you would sell low and buy high (spread −0.061% now, against its 7-day average of −0.038%). If the spread goes back, that is −$2 on $10k: about 4 hours of funding at the current rate (+$13 a day). At the pace of the last 7 days (+0.350% in total) that is about 11 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX COAI-USDT-SWAP | 0.3256 | 0.0100 | pay 0.0050% / 4h | 1h 38m | $1.2M | $433K | 10x |
| Short | BingX COAI-USDT | 0.3254 | 0.0538 | get 0.0269% / 4h | 1h 38m | — | $2.3M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against OKX. 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
- $91.98
- Price spread: −0.061% → −0.038%
- −$2.31
- Slippage, 4 orders
- −$117.73
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$48.06
- Costs to cover
- 1.377%
- Break-even
- 10.7 days
Slippage from OKX: live order book, 3 min ago; BingX: live order book, 9 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 OKX live order book, 3 min ago | 4.61 bp | 34.1 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 6.14 bp | 32.3 bp −$32 | 129.7 bp −$1,297 | 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 | −13.729% | $237K | $897 | 10x | as long as short |
| Bybit COAIUSDT | +0.0100% | 4h | 0.3255 | −0.031% | $2.8M | $387K | 13x | as long as short |
| OKX COAI-USDT-SWAPlong | +0.0100% | 4h | 0.3256 | long leg | $1.2M | $433K | 10x | |
| Gate COAI_USDT | +0.0100% | 8h | 0.3251 | −0.154% | $1.4M | $74K | 10x | as long as short |
| KuCoin COAIUSDTM | +0.0100% | 4h | 0.3252 | −0.107% | $2.4M | $2.0M | 10x | as long as short |
| Bitget COAIUSDT | +0.0100% | 4h | 0.3257 | +0.031% | $2.2M | $208K | 10x | as long as short |
| SunX COAI-USDT | +0.0100% | 4h | 0.3252 | −0.129% | $2K | $928K | 20x | as long as short |
| Aster COAIUSDT | +0.0303% | 4h | 0.3271 | +0.468% | $36K | $15K | 5x | as long as short |
| BingX COAI-USDTshort | +0.0538% | 4h | 0.3254 | −0.061% | — | $2.3M | — | |
| Binance COAIUSDT | +0.0562% | 4h | 0.3258 | +0.061% | $3.4M | $1.2M | 10x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC COAI_USDT | +0.0566% | 4h | 0.3257 | +0.031% | $2.9M | $321K | 50x | as long as short |
OKX COAI-USDT-SWAP
BingX COAI-USDT
GRVT COAI_USDT_Perp
Bybit COAIUSDT
Gate COAI_USDT
KuCoin COAIUSDTM
Bitget COAIUSDT
SunX COAI-USDT
Aster COAIUSDT
Binance COAIUSDT
MEXC COAI_USDT