Funding you earn now, next payment 04:00 UTC+0.0454%/8h= +49.7% APRnext payment +$2.27 per $10,000 · paid last 24h +0.063%
Price spread now: MEXC against SunX+0.089%7-day average +0.125% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.146%+$15 on $10k
+Price spread, last 4 days (all we have)−0.922%−$92 · spread now +0.089%, 7d avg +0.125%
=Funding pays, the price is against you. MEXC is 0.036% cheaper against SunX than usual: you would sell low and buy high (spread +0.089% now, against its 7-day average of +0.125%). If the spread goes back, that is −$4 on $10k: about 6 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.146% in total) that is about 42 hours.
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 +$2.27 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 | SunX COAI-USDT | 0.3250 | 0.0100 | pay 0.0050% / 4h | 1h 34m | $2K | $930K | 20x |
| Short | MEXC COAI_USDT | 0.3253 | 0.0554 | get 0.0277% / 4h | 1h 34m | $2.9M | $321K | 50x |
SunX COAI-USDT
MEXC COAI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against SunX. 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
- $95.34
- Price spread: +0.089% → +0.125%
- −$3.62
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $83.72
- Costs to cover
- 0.080%
- Break-even
- 0.9 days
Slippage unknown: SunX: live order book, 68 min ago; MEXC: live order book, 3 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 SunX live order book, 68 min ago | 493.34 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 4.61 bp | 13.7 bp −$14 | 96.5 bp −$965 | 159.1 bp −$15.9K | 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 | −13.571% | $237K | $897 | 10x | as long as short |
| Bybit COAIUSDT | +0.0100% | 4h | 0.3253 | +0.089% | $2.8M | $385K | 13x | as long as short |
| OKX COAI-USDT-SWAP | +0.0100% | 4h | 0.3257 | +0.212% | $1.2M | $432K | 10x | as long as short |
| Gate COAI_USDT | +0.0100% | 8h | 0.3247 | −0.095% | $1.4M | $74K | 10x | as long as short |
| KuCoin COAIUSDTM | +0.0100% | 4h | 0.3249 | −0.043% | $2.4M | $2.0M | 10x | as long as short |
| Bitget COAIUSDT | +0.0100% | 4h | 0.3255 | +0.151% | $2.2M | $208K | 10x | as long as short |
| SunX COAI-USDTlong | +0.0100% | 4h | 0.3250 | long leg | $2K | $930K | 20x | |
| Aster COAIUSDT | +0.0292% | 4h | 0.3271 | +0.640% | $36K | $15K | 5x | as long as short |
| BingX COAI-USDT | +0.0538% | 4h | 0.3253 | +0.089% | — | $2.3M | — | as long as short |
| MEXC COAI_USDTshort | +0.0554% | 4h | 0.3253 | +0.089% | $2.9M | $321K | 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 | +0.0554% | 4h | 0.3257 | +0.224% | $3.4M | $1.2M | 10x | as long as short |
Binance COAIUSDT