Funding you earn now, next payment 04:00 UTC+0.0500%/8h= +54.8% APRnext payment +$2.50 per $10,000 · paid last 24h +0.060%
Price spread now: MEXC against Bitget0.000%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$890.888% of the position
Funding, last 7 days+0.143%+$14 on $10k
+Price spread, last 7 days+0.040%+$4 · spread now 0.000%, 7d avg +0.054%
=Funding pays, the price is against you. MEXC is 0.054% cheaper against Bitget than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.054%). If the spread goes back, that is −$5 on $10k: about 9 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.143% in total) that is about 2.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.143% in total (about 7.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.50 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 | Bitget COAIUSDT | 0.3249 | 0.0126 | pay 0.0063% / 4h | 3h 39m | $2.2M | $203K | 10x |
| Short | MEXC COAI_USDT | 0.3249 | 0.0626 | get 0.0313% / 4h | 3h 39m | $2.9M | $351K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Bitget. 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
- $105
- Price spread: 0.000% → +0.054%
- −$5.45
- Slippage, 4 orders
- −$76.82
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $10.73
- Costs to cover
- 0.888%
- Break-even
- 6.3 days
Slippage from Bitget: live order book, 3 min ago; MEXC: live order book, 3 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 Bitget live order book, 3 min ago | 6.16 bp | 33.2 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 3.08 bp | 11.2 bp −$11 | 81.2 bp −$812 | 145.4 bp −$14.5K | 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 | −13.548% | $237K | $897 | 10x | as long as short |
| Bybit COAIUSDT | +0.0100% | 4h | 0.3245 | −0.123% | $2.8M | $379K | 13x | as long as short |
| OKX COAI-USDT-SWAP | +0.0100% | 4h | 0.3248 | −0.031% | $1.2M | $437K | 10x | as long as short |
| Gate COAI_USDT | +0.0100% | 8h | 0.3241 | −0.246% | $1.4M | $79K | 10x | as long as short |
| KuCoin COAIUSDTM | +0.0100% | 4h | 0.3238 | −0.326% | $2.4M | $1.8M | 10x | as long as short |
| SunX COAI-USDT | +0.0100% | 4h | 0.3246 | −0.098% | $2K | $850K | 20x | as long as short |
| Bitget COAIUSDTlong | +0.0126% | 4h | 0.3249 | long leg | $2.2M | $203K | 10x | |
| Aster COAIUSDT | +0.0322% | 4h | 0.3247 | −0.062% | $35K | $15K | 5x | as long as short |
| BingX COAI-USDT | +0.0606% | 4h | 0.3247 | −0.062% | — | $2.3M | — | as long as short |
| MEXC COAI_USDTshort | +0.0626% | 4h | 0.3249 | 0.000% | $2.9M | $351K | 50x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance COAIUSDT | +0.0627% | 4h | 0.3250 | +0.031% | $3.4M | $1.2M | 10x | as long as short |
Bitget COAIUSDT
MEXC COAI_USDT
GRVT COAI_USDT_Perp
Bybit COAIUSDT
OKX COAI-USDT-SWAP
Gate COAI_USDT
KuCoin COAIUSDTM
SunX COAI-USDT
Aster COAIUSDT
BingX COAI-USDT
Binance COAIUSDT