Funding you earn now, next payment 08:00 UTC+0.0418%/8h= +45.8% APRnext payment +$2.09 per $10,000 · paid last 24h +0.018%
Price spread now: MEXC against KuCoin+0.077%7-day average +0.103% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,300as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,293as in the Price arb table
costs, in and out, $10k−$1,29112.905% of the position
Funding, last 7 days−0.098%−$10 on $10k
+Price spread, last 7 days+0.085%+$9 · spread now +0.077%, 7d avg +0.103%
=Funding pays, the price is against you. MEXC is 0.026% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.077% now, against its 7-day average of +0.103%). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$13 a day). Mind the row above: over the last 7 days funding on this pair cost −0.098%, 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 -0.098% in total (about -5.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.09 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 | KuCoin COAIUSDTM | 0.3257 | 0.0100 | pay 0.0050% / 4h | 3h 48m | $2.4M | $2.1M | 10x |
| Short | MEXC COAI_USDT | 0.3260 | 0.0518 | get 0.0259% / 4h | 3h 48m | $2.9M | $352K | 50x |
KuCoin COAIUSDTM
MEXC COAI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against KuCoin. 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
- $87.78
- Price spread: +0.077% → +0.103%
- −$2.62
- Slippage, 4 orders
- −$1,278.54
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$1,205.39
- Costs to cover
- 12.905%
- Break-even
- 103.1 days
Slippage from KuCoin: 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 KuCoin live order book, 3 min ago | 7.97 bp | 942.9 bp −$943 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 3.06 bp | 11.9 bp −$12 | 92.6 bp −$926 | 159.9 bp −$16.0K | 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 | −13.768% | $237K | $897 | 10x | as long as short |
| Bybit COAIUSDT | +0.0100% | 4h | 0.3254 | −0.107% | $2.8M | $407K | 13x | as long as short |
| Gate COAI_USDT | +0.0100% | 8h | 0.3251 | −0.200% | $1.4M | $74K | 10x | as long as short |
| KuCoin COAIUSDTMlong | +0.0100% | 4h | 0.3257 | long leg | $2.4M | $2.1M | 10x | |
| Bitget COAIUSDT | +0.0100% | 4h | 0.3261 | +0.107% | $2.2M | $216K | 10x | as long as short |
| SunX COAI-USDT | +0.0100% | 4h | 0.3256 | −0.061% | $1K | $1.0M | 20x | as long as short |
| Aster COAIUSDT | +0.0279% | 4h | 0.3276 | +0.583% | $36K | $14K | 5x | as long as short |
| OKX COAI-USDT-SWAP | +0.0318% | 4h | 0.3257 | −0.015% | $1.2M | $457K | 10x | as long as short |
| BingX COAI-USDT | +0.0498% | 4h | 0.3257 | −0.015% | — | $2.3M | — | as long as short |
| MEXC COAI_USDTshort | +0.0518% | 4h | 0.3260 | +0.077% | $2.9M | $352K | 50x |
GRVT COAI_USDT_Perp
Bybit COAIUSDT
Gate COAI_USDT
Bitget COAIUSDT
SunX COAI-USDT
Aster COAIUSDT
OKX COAI-USDT-SWAP
BingX COAI-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance COAIUSDT | +0.0518% | 4h | 0.3261 | +0.114% | $3.4M | $1.3M | 10x | as long as short |
Binance COAIUSDT