Funding you earn now, next payment 08:00 UTC+0.0274%/8h= +30.0% APRnext payment +$1.37 per $10,000 · paid last 24h −0.077%
Price spread now: MEXC against Bybit+0.155%7-day average +0.126% · you sell dearer than you buy
Net, funding: paid 7d − costs−$183as in the Funding arb table
Net, price: spread back to 7d avg − costs−$172as in the Price arb table
costs, in and out, $10k−$1751.746% of the position
Funding, last 7 days−0.082%−$8 on $10k
+Price spread, last 7 days−0.045%−$4 · spread now +0.155%, 7d avg +0.126%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and MEXC is 0.028% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.126%. Mind the row above: over the last 7 days funding on this pair cost −0.082%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.082% in total (about -4.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.37 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 | Bybit COAIUSDT | 0.3231 | 0.0100 | pay 0.0050% / 4h | 2h 35m | $2.8M | $405K | 13x |
| Short | MEXC COAI_USDT | 0.3236 | 0.0374 | get 0.0187% / 4h | 2h 35m | $2.9M | $357K | 50x |
Bybit COAIUSDT
MEXC COAI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Bybit. 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
- $57.54
- Price spread: +0.155% → +0.126%
- $2.85
- Slippage, 4 orders
- −$163.64
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$114.25
- Costs to cover
- 1.746%
- Break-even
- 20.9 days
Slippage from Bybit: live order book, 6 min ago; MEXC: live order book, 1 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 Bybit live order book, 6 min ago | 4.64 bp | 80.5 bp −$81 | 634.7 bp −$6,347 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 3.09 bp | 12.8 bp −$13 | 87.3 bp −$873 | 159.9 bp −$16.0K | 498.9 bp −$249.4K |
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 | −13.061% | $237K | $897 | 10x | as long as short |
| Bybit COAIUSDTlong | +0.0100% | 4h | 0.3231 | long leg | $2.8M | $405K | 13x | |
| Gate COAI_USDT | +0.0100% | 8h | 0.3228 | −0.093% | $1.4M | $76K | 10x | as long as short |
| Bitget COAIUSDT | +0.0100% | 4h | 0.3237 | +0.186% | $2.2M | $211K | 10x | as long as short |
| SunX COAI-USDT | +0.0100% | 4h | 0.3232 | +0.034% | $2K | $1.0M | 20x | as long as short |
| Aster COAIUSDT | +0.0101% | 4h | 0.3235 | +0.117% | $35K | $14K | 5x | as long as short |
| KuCoin COAIUSDTM | +0.0138% | 4h | 0.3231 | +0.006% | $2.4M | $2.2M | 10x | as long as short |
| OKX COAI-USDT-SWAP | +0.0227% | 4h | 0.3237 | +0.186% | $1.2M | $451K | 10x | as long as short |
| MEXC COAI_USDTshort | +0.0374% | 4h | 0.3236 | +0.155% | $2.9M | $357K | 50x | |
| Binance COAIUSDT | +0.0374% | 4h | 0.3239 | +0.248% | $3.4M | $1.3M | 10x | as long as short |
GRVT COAI_USDT_Perp
Gate COAI_USDT
Bitget COAIUSDT
SunX COAI-USDT
Aster COAIUSDT
KuCoin COAIUSDTM
OKX COAI-USDT-SWAP
Binance COAIUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX COAI-USDT | +0.0382% | 4h | 0.3233 | +0.062% | — | $2.3M | — | as long as short |
BingX COAI-USDT