Funding you earn now, next payment 04:00 UTC−0.0490%/8h= −53.7% APRnext payment −$2.45 per $10,000 · paid last 24h +0.098%
Price spread now: Bybit against MEXC−0.122%7-day average −0.128% · you buy dearer than you sell
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1471.468% of the position
Funding, last 7 days+0.101%+$10 on $10k
+Price spread, last 7 days−0.062%−$6 · spread now −0.122%, 7d avg −0.128%
=The price spread sits at its 7-day average of −0.128%, so right now this pair is about funding alone: −$15 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.101%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.101% in total (about 5.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.45 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 | MEXC COAI_USDT | 0.3282 | 0.0590 | pay 0.0295% / 4h | 1h 13m | $3.0M | $333K | 50x |
| Short | Bybit COAIUSDT | 0.3278 | 0.0100 | get 0.0050% / 4h | 1h 13m | $2.9M | $405K | 13x |
MEXC COAI_USDT
Bybit COAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$102.9
- Price spread: −0.122% → −0.128%
- $0.63
- Slippage, 4 orders
- −$135.81
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$249.09
- Costs to cover
- 1.468%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Bybit: live order book, 4 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, 3 min ago | 3.02 bp | 15.0 bp −$15 | 99.5 bp −$995 | 144.7 bp −$14.5K | doesn't fit |
| Sell Bybit live order book, 4 min ago | 4.53 bp | 50.6 bp −$51 | 392.7 bp −$3,927 | 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 | −14.412% | $237K | $897 | 10x | as long as short |
| Bybit COAIUSDTshort | +0.0100% | 4h | 0.3278 | −0.122% | $2.9M | $405K | 13x | |
| Gate COAI_USDT | +0.0100% | 8h | 0.3292 | +0.305% | $1.4M | $76K | 10x | as long as short |
| KuCoin COAIUSDTM | +0.0100% | 4h | 0.3293 | +0.329% | $2.5M | $2.0M | 10x | as long as short |
| Bitget COAIUSDT | +0.0100% | 4h | 0.3281 | −0.030% | $2.2M | $214K | 10x | as long as short |
| SunX COAI-USDT | +0.0100% | 4h | 0.3293 | +0.347% | $2K | $970K | 20x | as long as short |
| OKX COAI-USDT-SWAP | +0.0149% | 4h | 0.3288 | +0.183% | $1.3M | $470K | 10x | as long as short |
| Aster COAIUSDT | +0.0354% | 4h | 0.3293 | +0.335% | $36K | $14K | 5x | as long as short |
| BingX COAI-USDT | +0.0552% | 4h | 0.3281 | −0.030% | — | $2.3M | — | as long as short |
| MEXC COAI_USDTlong | +0.0590% | 4h | 0.3282 | long leg | $3.0M | $333K | 50x |
GRVT COAI_USDT_Perp
Gate COAI_USDT
KuCoin COAIUSDTM
Bitget COAIUSDT
SunX COAI-USDT
OKX COAI-USDT-SWAP
Aster COAIUSDT
BingX COAI-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance COAIUSDT | +0.0592% | 4h | 0.3285 | +0.091% | $3.5M | $1.3M | 10x | as long as short |
Binance COAIUSDT