Funding you earn now, next payment 04:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.05 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC+0.031%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$900.899% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 7 days−0.031%−$3 · spread now +0.031%, 7d avg +0.006%
=The price spread pays, funding is against you. Binance is 0.024% dearer against MEXC than usual: you sell high and buy low (spread +0.031% now, against its 7-day average of +0.006%): +$2 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 8.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC COAI_USDT | 0.3258 | 0.0528 | pay 0.0264% / 4h | 25m 34s | $2.9M | $345K | 50x |
| Short | Binance COAIUSDT | 0.3259 | 0.0518 | get 0.0259% / 4h | 25m 34s | $3.4M | $1.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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
- −$2.03
- Price spread: +0.031% → +0.006%
- $2.43
- Slippage, 4 orders
- −$79.87
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$89.47
- Costs to cover
- 0.899%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Binance: live order book, 10 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 MEXC live order book, 1 min ago | 1.53 bp | 12.2 bp −$12 | 98.0 bp −$980 | 146.0 bp −$14.6K | doesn't fit |
| Sell Binance live order book, 10 min ago | 1.53 bp | 36.6 bp −$37 | 245.5 bp −$2,455 | doesn't fit | 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 | −13.782% | $237K | $897 | 10x | as long as short |
| Bybit COAIUSDT | +0.0100% | 4h | 0.3254 | −0.123% | $2.8M | $410K | 13x | as long as short |
| Gate COAI_USDT | +0.0100% | 8h | 0.3252 | −0.184% | $1.4M | $75K | 10x | as long as short |
| KuCoin COAIUSDTM | +0.0100% | 4h | 0.3253 | −0.166% | $2.4M | $2.1M | 10x | as long as short |
| Bitget COAIUSDT | +0.0100% | 4h | 0.3260 | +0.061% | $2.2M | $219K | 10x | as long as short |
| SunX COAI-USDT | +0.0100% | 4h | 0.3251 | −0.221% | $1K | $1.0M | 20x | as long as short |
| OKX COAI-USDT-SWAP | +0.0262% | 4h | 0.3260 | +0.061% | $1.2M | $454K | 10x | as long as short |
| Aster COAIUSDT | +0.0282% | 4h | 0.3291 | +1.014% | $36K | $14K | 5x | as long as short |
| BingX COAI-USDT | +0.0502% | 4h | 0.3257 | −0.031% | — | $2.3M | — | as long as short |
| Binance COAIUSDTshort | +0.0518% | 4h | 0.3259 | +0.031% | $3.4M | $1.3M | 10x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC COAI_USDTlong | +0.0528% | 4h | 0.3258 | long leg | $2.9M | $345K | 50x |
MEXC COAI_USDT
Binance COAIUSDT
GRVT COAI_USDT_Perp
Bybit COAIUSDT
Gate COAI_USDT
KuCoin COAIUSDTM
Bitget COAIUSDT
SunX COAI-USDT
OKX COAI-USDT-SWAP
Aster COAIUSDT
BingX COAI-USDT