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: MEXC against OKX+0.031%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$970.967% of the position
Funding, last 7 days+0.146%+$15 on $10k
+Price spread, last 7 days+0.015%+$2 · spread now +0.031%, 7d avg +0.019%
=The price spread sits at its 7-day average of +0.019%, so right now this pair is about funding alone: +$15 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 +$2.46 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 | OKX COAI-USDT-SWAP | 0.3252 | 0.0100 | pay 0.0050% / 4h | 2h 22m | $1.2M | $429K | 10x |
| Short | MEXC COAI_USDT | 0.3253 | 0.0592 | get 0.0296% / 4h | 2h 22m | $2.9M | $345K | 50x |
OKX COAI-USDT-SWAP
MEXC COAI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against OKX. 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: +0.031% → +0.019%
- $1.2
- Slippage, 4 orders
- −$86.72
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $7.8
- Costs to cover
- 0.967%
- Break-even
- 6.5 days
Slippage from OKX: live order book, 4 min ago; MEXC: live order book, 5 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 OKX live order book, 4 min ago | 6.15 bp | 32.0 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 1.54 bp | 11.7 bp −$12 | 93.7 bp −$937 | 153.8 bp −$15.4K | 456.9 bp −$228.5K |
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 | −13.624% | $237K | $897 | 10x | as long as short |
| Bybit COAIUSDT | +0.0100% | 4h | 0.3248 | −0.123% | $2.8M | $389K | 13x | as long as short |
| OKX COAI-USDT-SWAPlong | +0.0100% | 4h | 0.3252 | long leg | $1.2M | $429K | 10x | |
| Gate COAI_USDT | +0.0100% | 8h | 0.3246 | −0.185% | $1.4M | $75K | 10x | as long as short |
| KuCoin COAIUSDTM | +0.0100% | 4h | 0.3244 | −0.258% | $2.4M | $2.0M | 10x | as long as short |
| Bitget COAIUSDT | +0.0100% | 4h | 0.3248 | −0.123% | $2.2M | $203K | 10x | as long as short |
| SunX COAI-USDT | +0.0100% | 4h | 0.3248 | −0.135% | $1K | $895K | 20x | as long as short |
| Aster COAIUSDT | +0.0319% | 4h | 0.3266 | +0.418% | $36K | $15K | 5x | as long as short |
| BingX COAI-USDT | +0.0558% | 4h | 0.3250 | −0.062% | — | $2.3M | — | as long as short |
| MEXC COAI_USDTshort | +0.0592% | 4h | 0.3253 | +0.031% | $2.9M | $345K | 50x |
GRVT COAI_USDT_Perp
Bybit COAIUSDT
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 | +0.0595% | 4h | 0.3251 | −0.031% | $3.4M | $1.2M | 10x | as long as short |
Binance COAIUSDT