Funding you earn now, next payment 04:00 UTC−0.0560%/8h= −61.3% APRnext payment −$2.80 per $10,000 · paid last 24h −0.093%
Price spread now: GRVT against MEXC−13.677%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.356%−$36 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and GRVT is 13.677% cheaper against MEXC than usual: you would sell low and buy high (−$1,368 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.356% in total (about -18.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.80 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 | 0.3254 | 0.0560 | pay 0.0280% / 4h | 1h 37m | $2.9M | $321K | 50x |
| Short | GRVT COAI_USDT_Perp | 0.2809 | 0 | get 0.0000% / 4h | 1h 37m | $237K | $897 | 10x |
MEXC COAI_USDT
GRVT COAI_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$117.6
- Price spread: −13.677% → 0.000%
- −$1,367.67
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$1,494.27
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 10 min ago; GRVT: no order-book sample. Net counts fees only.
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, 10 min ago | 3.07 bp | 12.5 bp −$12 | 97.2 bp −$972 | 165.7 bp −$16.6K | doesn't fit |
| Sell GRVT no order-book sample | — | — | — | — | — |
GRVT: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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_Perpshort | 0.0000% | 4h | 0.2809 | −13.677% | $237K | $897 | 10x | |
| Bybit COAIUSDT | +0.0100% | 4h | 0.3251 | −0.092% | $2.8M | $385K | 13x | as long as short |
| OKX COAI-USDT-SWAP | +0.0100% | 4h | 0.3254 | 0.000% | $1.2M | $433K | 10x | as long as short |
| Gate COAI_USDT | +0.0100% | 8h | 0.3251 | −0.092% | $1.4M | $74K | 10x | as long as short |
| KuCoin COAIUSDTM | +0.0100% | 4h | 0.3251 | −0.095% | $2.4M | $2.0M | 10x | as long as short |
| Bitget COAIUSDT | +0.0100% | 4h | 0.3253 | −0.031% | $2.2M | $208K | 10x | as long as short |
| SunX COAI-USDT | +0.0100% | 4h | 0.3253 | −0.034% | $2K | $929K | 20x | as long as short |
| Aster COAIUSDT | +0.0297% | 4h | 0.3272 | +0.541% | $36K | $15K | 5x | as long as short |
| BingX COAI-USDT | +0.0538% | 4h | 0.3251 | −0.092% | — | $2.3M | — | as long as short |
| MEXC COAI_USDTlong | +0.0560% | 4h | 0.3254 | long leg | $2.9M | $321K | 50x |
Bybit COAIUSDT
OKX COAI-USDT-SWAP
Gate COAI_USDT
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 | +0.0562% | 4h | 0.3255 | +0.026% | $3.4M | $1.2M | 10x | as long as short |
Binance COAIUSDT