Funding you earn now, next payment 00:00 UTC+0.0420%/8h= +46.0% APRpaid last 24h +0.035%
Price spread now: Binance against Gate+0.310%7-day average +0.219% · you sell dearer than you buy
Net, funding: paid 7d − costs−$210as in the Funding arb table
Net, price: spread back to 7d avg − costs−$213as in the Price arb table
costs, in and out, $10k−$2222.219% of the position
Funding, last 7 days+0.119%+$12 on $10k
+Price spread, last 7 days−0.115%−$12 · spread now +0.310%, 7d avg +0.219%
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Binance is 0.091% dearer against Gate than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.219%.
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. 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 | Gate COAI_USDT | 0.3230 | 0.0100 | pay 0.0100% / 8h | 2h 10m | $1.4M | $86K | 10x |
| Short | Binance COAIUSDT | 0.3240 | 0.0520 | get 0.0260% / 4h | 2h 10m | $3.4M | $1.2M | 10x |
Gate COAI_USDT
Binance COAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $88.26
- Price spread: +0.310% → +0.219%
- $9.07
- Slippage, 4 orders
- −$196.89
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$124.56
- Costs to cover
- 2.219%
- Break-even
- 16.9 days
Slippage from Gate: live order book, 2 min ago; Binance: live order book, 11 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 Gate live order book, 2 min ago | 7.74 bp | 81.7 bp −$82 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 3.08 bp | 30.1 bp −$30 | 241.4 bp −$2,414 | 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 | −13.046% | $237K | $897 | 10x | as long as short |
| Bybit COAIUSDT | +0.0100% | 4h | 0.3233 | +0.093% | $2.8M | $343K | 13x | as long as short |
| OKX COAI-USDT-SWAP | +0.0100% | 4h | 0.3237 | +0.217% | $1.2M | $455K | 10x | as long as short |
| Gate COAI_USDTlong | +0.0100% | 8h | 0.3230 | long leg | $1.4M | $86K | 10x | |
| KuCoin COAIUSDTM | +0.0100% | 4h | 0.3228 | −0.056% | $2.4M | $1.7M | 10x | as long as short |
| Bitget COAIUSDT | +0.0100% | 4h | 0.3238 | +0.248% | $2.2M | $195K | 10x | as long as short |
| SunX COAI-USDT | +0.0100% | 4h | 0.3236 | +0.201% | $2K | $790K | 20x | as long as short |
| Aster COAIUSDT | +0.0251% | 4h | 0.3238 | +0.238% | $34K | $14K | 5x | as long as short |
| BingX COAI-USDT | +0.0478% | 4h | 0.3237 | +0.217% | — | $2.3M | — | as long as short |
| MEXC COAI_USDT | +0.0514% | 4h | 0.3240 | +0.310% | $2.9M | $383K | 50x | as long as short |
GRVT COAI_USDT_Perp
Bybit COAIUSDT
OKX COAI-USDT-SWAP
KuCoin COAIUSDTM
Bitget COAIUSDT
SunX COAI-USDT
Aster COAIUSDT
BingX COAI-USDT
MEXC COAI_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance COAIUSDTshort | +0.0520% | 4h | 0.3240 | +0.310% | $3.4M | $1.2M | 10x |