COAI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0397%/8h= +43.5% APRnext payment +$1.99 per $10,000 · paid last 24h +0.035%

Price spread now: Binance against OKX−0.031%7-day average +0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs−$126as in the Funding arb table

Net, price: spread back to 7d avg − costs−$144as in the Price arb table

costs, in and out, $10k−$1381.379% of the position

Long on OKX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.119%+$12 on $10k

Price spread, last 7 days+0.077%+$8 · spread now −0.031%, 7d avg +0.026%

Together, before fees+0.196%+$20 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.057% cheaper against OKX than usual: you would sell low and buy high (spread −0.031% now, against its 7-day average of +0.026%). If the spread goes back, that is −$6 on $10k: about 11 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.119% in total) that is about 3.3 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.119% in total (about 6.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.99 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	OKX COAI-USDT-SWAP	0.3242	0.0100	pay 0.0050% / 4h	1h 46m	$1.2M	$433K	10x
Short	Binance COAIUSDT	0.3241	0.0497	get 0.0249% / 4h	1h 46m	$3.4M	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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

Position, each leg$Hold fordaysFee OKXbpFee BinancebpOrdersPrice spread, now −0.031%Rate

Funding earned: $83.45
Price spread: −0.031% → +0.026%: −$5.69
Slippage, 4 orders: −$117.86
Fee OKX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$60.11
Costs to cover: 1.379%
Break-even: 12.0 days

Slippage from OKX: live order book, 5 min ago; Binance: live order book, 4 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, 5 min ago	4.63 bp	33.6 bp −$34	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 4 min ago	1.54 bp	30.7 bp −$31	244.2 bp −$2,442	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	−13.365%	$237K	$897	10x	as long as short
Bybit COAIUSDT	+0.0100%	4h	0.3238	−0.123%	$2.8M	$344K	13x	as long as short
OKX COAI-USDT-SWAPlong	+0.0100%	4h	0.3242	long leg	$1.2M	$433K	10x
Gate COAI_USDT	+0.0100%	8h	0.3232	−0.308%	$1.4M	$85K	10x	as long as short
KuCoin COAIUSDTM	+0.0100%	4h	0.3229	−0.395%	$2.4M	$1.7M	10x	as long as short
Bitget COAIUSDT	+0.0100%	4h	0.3241	−0.031%	$2.2M	$194K	10x	as long as short
SunX COAI-USDT	+0.0100%	4h	0.3239	−0.083%	$1K	$796K	20x	as long as short
Aster COAIUSDT	+0.0223%	4h	0.3240	−0.075%	$34K	$14K	5x	as long as short
BingX COAI-USDT	+0.0474%	4h	0.3239	−0.093%	—	$2.3M	—	as long as short
Binance COAIUSDTshort	+0.0497%	4h	0.3241	−0.031%	$3.4M	$1.2M	10x

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC COAI_USDT	+0.0498%	4h	0.3241	−0.031%	$2.9M	$357K	50x	as long as short