Funding you earn now, next payment 04:00 UTC−0.0437%/8h= −47.9% APRnext payment −$2.19 per $10,000 · paid last 24h −0.063%
Price spread now: OKX against MEXC0.000%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1041.040% of the position
Funding, last 7 days−0.146%−$15 on $10k
+Price spread, last 7 days−0.040%−$4 · spread now 0.000%, 7d avg −0.018%
=The price spread sits at its 7-day average of −0.018%, so right now this pair is about funding alone: −$13 a day on $10k at the current rate.
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; at this rate the next one is about −$2.19 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 12m | $3.0M | $333K | 50x |
| Short | OKX COAI-USDT-SWAP | 0.3282 | 0.0153 | get 0.0076% / 4h | 1h 12m | $1.3M | $471K | 10x |
MEXC COAI_USDT
OKX COAI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$91.85
- Price spread: 0.000% → −0.018%
- $1.83
- Slippage, 4 orders
- −$94.03
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$194.05
- Costs to cover
- 1.040%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; OKX: 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, 5 min ago | 3.02 bp | 15.0 bp −$15 | 99.5 bp −$995 | 144.7 bp −$14.5K | doesn't fit |
| Sell OKX live order book, 4 min ago | 1.51 bp | 43.0 bp −$43 | doesn't fit | 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 COAIUSDT | +0.0100% | 4h | 0.3280 | −0.061% | $2.9M | $405K | 13x | as long as short |
| Gate COAI_USDT | +0.0100% | 8h | 0.3275 | −0.213% | $1.4M | $78K | 10x | as long as short |
| KuCoin COAIUSDTM | +0.0100% | 4h | 0.3278 | −0.119% | $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 | 0.3276 | −0.177% | $1K | $985K | 20x | as long as short |
| OKX COAI-USDT-SWAPshort | +0.0153% | 4h | 0.3282 | 0.000% | $1.3M | $471K | 10x | |
| Aster COAIUSDT | +0.0347% | 4h | 0.3293 | +0.335% | $36K | $14K | 5x | as long as short |
| BingX COAI-USDT | +0.0562% | 4h | 0.3281 | −0.030% | — | $2.3M | — | as long as short |
| Binance COAIUSDT | +0.0587% | 4h | 0.3282 | 0.000% | $3.5M | $1.3M | 10x | as long as short |
GRVT COAI_USDT_Perp
Bybit COAIUSDT
Gate COAI_USDT
KuCoin COAIUSDTM
Bitget COAIUSDT
SunX COAI-USDT
Aster COAIUSDT
BingX COAI-USDT
Binance COAIUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC COAI_USDTlong | +0.0590% | 4h | 0.3282 | long leg | $3.0M | $333K | 50x |