Funding you earn now, next payment 04:00 UTC−0.0492%/8h= −53.9% APRnext payment −$2.46 per $10,000 · paid last 24h −0.063%
Price spread now: SunX against MEXC−0.186%7-day average −0.124% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.146%−$15 on $10k
+Price spread, last 3 days (all we have)+0.200%+$20 · spread now −0.186%, 7d avg −0.124%
=Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and SunX is 0.062% cheaper against MEXC than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.124%). Swap the legs.
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 −$2.46 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 | 0.3271 | 0.0592 | pay 0.0296% / 4h | 2h 04m | $2.9M | $348K | 50x |
| Short | SunX COAI-USDT | 0.3265 | 0.0100 | get 0.0050% / 4h | 2h 04m | $1K | $915K | 20x |
MEXC COAI_USDT
SunX COAI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$103.32
- Price spread: −0.186% → −0.124%
- −$6.2
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$117.52
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 3 min ago; SunX: live order book, 38 min ago. 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, 3 min ago | 1.53 bp | 11.3 bp −$11 | 99.1 bp −$991 | 152.8 bp −$15.3K | 490.4 bp −$245.2K |
| Sell SunX live order book, 38 min ago | 493.34 bp | doesn't fit | 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 | −14.125% | $237K | $897 | 10x | as long as short |
| Bybit COAIUSDT | +0.0100% | 4h | 0.3265 | −0.183% | $2.8M | $388K | 13x | as long as short |
| OKX COAI-USDT-SWAP | +0.0100% | 4h | 0.3269 | −0.061% | $1.2M | $435K | 10x | as long as short |
| Gate COAI_USDT | +0.0100% | 8h | 0.3258 | −0.397% | $1.4M | $76K | 10x | as long as short |
| KuCoin COAIUSDTM | +0.0100% | 4h | 0.3257 | −0.419% | $2.5M | $2.0M | 10x | as long as short |
| Bitget COAIUSDT | +0.0100% | 4h | 0.3266 | −0.153% | $2.2M | $209K | 10x | as long as short |
| SunX COAI-USDTshort | +0.0100% | 4h | 0.3265 | −0.186% | $1K | $915K | 20x | |
| Aster COAIUSDT | +0.0324% | 4h | 0.3286 | +0.472% | $36K | $15K | 5x | as long as short |
| BingX COAI-USDT | +0.0568% | 4h | 0.3270 | −0.031% | — | $2.3M | — | as long as short |
| MEXC COAI_USDTlong | +0.0592% | 4h | 0.3271 | long leg | $2.9M | $348K | 50x |
GRVT COAI_USDT_Perp
Bybit COAIUSDT
OKX COAI-USDT-SWAP
Gate COAI_USDT
KuCoin COAIUSDTM
Bitget COAIUSDT
Aster COAIUSDT
BingX COAI-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance COAIUSDT | +0.0593% | 4h | 0.3270 | −0.031% | $3.5M | $1.2M | 10x | as long as short |
Binance COAIUSDT