COTI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0272%/8h= −29.7% APRnext payment −$1.36 per $10,000 · paid last 24h +0.025%

Price spread now: Binance against Aster+0.127%7-day average +0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$96as in the Funding arb table

Net, price: spread back to 7d avg − costs−$93as in the Price arb table

costs, in and out, $10k−$1051.051% of the position

Long on Aster Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.095%+$9 on $10k

Price spread, last 4 days (all we have)−0.192%−$19 · spread now +0.127%, 7d avg +0.006%

Together, before fees−0.097%+ Points / potential airdropAster: Stage 5 · farm board−$10 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.122% dearer against Aster than usual: you sell high and buy low (spread +0.127% now, against its 7-day average of +0.006%): +$12 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 36 hours. Mind the row above: over the last 7 days funding on this pair paid +0.095%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.095% in total (about 4.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.36 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	Aster COTIUSDT	0.01488	−0.7967	get 0.3983% / 4h	1h 08m	$13K	$415K	5x
Short	Binance COTIUSDT	0.01490	−0.8239	pay 0.4119% / 4h	1h 08m	$8.5M	$48.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Aster. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AsterbpFee BinancebpOrdersPrice spread, now +0.127%Rate

Funding earned: −$57.05
Price spread: +0.127% → +0.006%: $12.15
Slippage, 4 orders: −$87.13
Fee Aster: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$150.03
Costs to cover: 1.051%
Break-even: never at this rate

Slippage from Aster: live order book, 33 min ago; Binance: live order book, 3 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 Aster live order book, 33 min ago	8.32 bp	35.2 bp −$35	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 3 min ago	1.69 bp	19.6 bp −$20	72.6 bp −$726	doesn't fit	doesn't fit

COTI on 10 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
KuCoin COTIUSDTM	−0.8590%	4h	0.01493	+0.322%	$1.9M	$2.5M	50x	as long as short
Binance COTIUSDTshort	−0.8239%	4h	0.01490	+0.127%	$8.5M	$48.7M	50x
MEXC COTI_USDT	−0.8238%	4h	0.01490	+0.121%	$11.8M	$2.4M	50x	as long as short
Aster COTIUSDTlong	−0.7967%	4h	0.01488	long leg	$13K	$415K	5x
Bitget COTIUSDT	−0.7594%	4h	0.01489	+0.053%	$3.5M	$3.9M	50x	as long as short
Gate COTI_USDT	−0.6434%	4h	0.01493	+0.322%	$518K	$1.3M	25x	as long as short
BloFin COTI-USDT	−0.5767%	4h	0.01487	−0.101%	$469K	$658K	50x	as long as short
Bybit COTIUSDT	−0.3344%	8h	0.01490	+0.087%	$3.8M	$10.1M	50x	as long as short
Variational Omni COTI	−0.2907%	8h	0.01477	−0.721%	$32K	$41K	—	as long as short
BingX COTI-USDT	−0.2264%	4h	0.01490	+0.148%	—	$1.7M	—	as long as short