Funding you earn now, next payment 04:00 UTC+0.0496%/8h= +54.3% APRpaid last 24h +0.063%
Price spread now: MEXC against Gate+0.185%7-day average +0.214% · you sell dearer than you buy
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$167as in the Price arb table
costs, in and out, $10k−$1641.641% of the position
Funding, last 7 days+0.146%+$15 on $10k
+Price spread, last 7 days+0.032%+$3 · spread now +0.185%, 7d avg +0.214%
=Funding pays, the price is against you. MEXC is 0.029% cheaper against Gate than usual: you would sell low and buy high (spread +0.185% now, against its 7-day average of +0.214%). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.146% in total) that is about 33 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.146% in total (about 7.6% 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 | 0.3237 | 0.0100 | pay 0.0100% / 8h | 6h 48m | $1.4M | $74K | 10x |
| Short | MEXC COAI_USDT | 0.3243 | 0.0596 | get 0.0298% / 4h | 2h 48m | $2.9M | $344K | 50x |
Gate COAI_USDT
MEXC COAI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $104.16
- Price spread: +0.185% → +0.214%
- −$2.85
- Slippage, 4 orders
- −$149.14
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$62.84
- Costs to cover
- 1.641%
- Break-even
- 11.2 days
Slippage from Gate: 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 Gate live order book, 3 min ago | 4.63 bp | 77.8 bp −$78 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 3.08 bp | 11.6 bp −$12 | 89.0 bp −$890 | 158.4 bp −$15.8K | 495.0 bp −$247.5K |
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 | −13.225% | $237K | $897 | 10x | as long as short |
| Bybit COAIUSDT | +0.0100% | 4h | 0.3239 | +0.062% | $2.8M | $386K | 13x | as long as short |
| OKX COAI-USDT-SWAP | +0.0100% | 4h | 0.3243 | +0.185% | $1.2M | $430K | 10x | as long as short |
| Gate COAI_USDTlong | +0.0100% | 8h | 0.3237 | long leg | $1.4M | $74K | 10x | |
| KuCoin COAIUSDTM | +0.0100% | 4h | 0.3238 | +0.037% | $2.4M | $2.0M | 10x | as long as short |
| Bitget COAIUSDT | +0.0100% | 4h | 0.3240 | +0.093% | $2.2M | $205K | 10x | as long as short |
| SunX COAI-USDT | +0.0100% | 4h | 0.3239 | +0.046% | $2K | $880K | 20x | as long as short |
| Aster COAIUSDT | +0.0307% | 4h | 0.3247 | +0.309% | $35K | $15K | 5x | as long as short |
| BingX COAI-USDT | +0.0558% | 4h | 0.3242 | +0.154% | — | $2.3M | — | as long as short |
| MEXC COAI_USDTshort | +0.0596% | 4h | 0.3243 | +0.185% | $2.9M | $344K | 50x |
GRVT COAI_USDT_Perp
Bybit COAIUSDT
OKX COAI-USDT-SWAP
KuCoin COAIUSDTM
Bitget COAIUSDT
SunX COAI-USDT
Aster COAIUSDT
BingX COAI-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance COAIUSDT | +0.0599% | 4h | 0.3243 | +0.180% | $3.4M | $1.2M | 10x | as long as short |
Binance COAIUSDT