Funding you earn now, next payment 08:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.13 per $10,000 · paid last 24h −0.129%
Price spread now: MEXC against BingX+0.031%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$870.874% of the position
Funding, last 7 days−0.204%−$20 on $10k
+Price spread, last 7 days+0.079%+$8 · spread now +0.031%, 7d avg +0.056%
=Funding pays, the price is against you. MEXC is 0.025% cheaper against BingX than usual: you would sell low and buy high (spread +0.031% now, against its 7-day average of +0.056%). If the spread goes back, that is −$3 on $10k: about 3.3 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.204%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX COAI-USDT | 0.3258 | 0.0498 | pay 0.0249% / 4h | 3h 57m | — | $2.3M | — |
| Short | MEXC COAI_USDT | 0.3259 | 0.0524 | get 0.0262% / 4h | 3h 57m | $2.9M | $351K | 50x |
BingX COAI-USDT
MEXC COAI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BingX. 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
- $5.46
- Price spread: +0.031% → +0.056%
- −$2.54
- Slippage, 4 orders
- −$77.43
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$84.51
- Costs to cover
- 0.874%
- Break-even
- 115.3 days
Slippage from BingX: live order book, 2 min ago; MEXC: live order book, 5 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 BingX live order book, 2 min ago | 6.13 bp | 32.5 bp −$32 | 167.8 bp −$1,678 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 1.53 bp | 6.8 bp −$7 | 89.3 bp −$893 | 154.7 bp −$15.5K | 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 | −13.780% | $237K | $897 | 10x | as long as short |
| Bybit COAIUSDT | +0.0100% | 4h | 0.3255 | −0.092% | $2.8M | $407K | 13x | as long as short |
| Gate COAI_USDT | +0.0100% | 8h | 0.3254 | −0.123% | $1.4M | $73K | 10x | as long as short |
| KuCoin COAIUSDTM | +0.0100% | 4h | 0.3256 | −0.046% | $2.4M | $2.1M | 10x | as long as short |
| Bitget COAIUSDT | +0.0100% | 4h | 0.3261 | +0.092% | $2.2M | $217K | 10x | as long as short |
| SunX COAI-USDT | +0.0100% | 4h | 0.3254 | −0.117% | $2K | $1.0M | 20x | as long as short |
| Aster COAIUSDT | +0.0284% | 4h | 0.3291 | +1.028% | $36K | $14K | 5x | as long as short |
| OKX COAI-USDT-SWAP | +0.0317% | 4h | 0.3258 | 0.000% | $1.2M | $460K | 10x | as long as short |
| BingX COAI-USDTlong | +0.0498% | 4h | 0.3258 | long leg | — | $2.3M | — | |
| Binance COAIUSDT | +0.0521% | 4h | 0.3259 | +0.031% | $3.4M | $1.3M | 10x | as long as short |
GRVT COAI_USDT_Perp
Bybit COAIUSDT
Gate COAI_USDT
KuCoin COAIUSDTM
Bitget COAIUSDT
SunX COAI-USDT
Aster COAIUSDT
OKX COAI-USDT-SWAP
Binance COAIUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC COAI_USDTshort | +0.0524% | 4h | 0.3259 | +0.031% | $2.9M | $351K | 50x |