Settings8H · net · $10k
Funding arb · Price arb /

COTI

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.2116%/8h= +231.6% APRnext payment +$10.58 per $10,000 · paid last 24h +0.084%
Price spread now: BingX against Aster+0.014%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1181.182% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.300%+$30 on $10k
Price spread, last 4 days (all we have)−0.769%−$77 · spread now +0.014%, 7d avg +0.050%
Together, before fees−0.469%+ Points / potential airdropAster: Stage 5 · farm board−$47 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.036% cheaper against Aster than usual: you would sell low and buy high (spread +0.014% now, against its 7-day average of +0.050%). If the spread goes back, that is −$4 on $10k: about 1 hour of funding at the current rate (+$63 a day). At the pace of the last 7 days (+0.300% in total) that is about 20 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.300% in total (about 15.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$10.58 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster COTIUSDT0.01452−0.2016get 0.1008% / 4h56m 07s$11K$318K5x
ShortBingX COTI-USDT0.014520.0100get 0.0050% / 4h56m 07s$1.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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

Funding earned
$444.26
Price spread: +0.014% → +0.050%
−$3.64
Slippage, 4 orders
−$100.19
Fee Aster: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
$322.44
Costs to cover
1.182%
Break-even
1.9 days
Slippage from Aster: live order book, 66 min ago; BingX: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 66 min ago9.75 bp37.0 bp −$37doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 5 min ago6.19 bp21.3 bp −$2152.1 bp −$521297.6 bp −$29.8K456.7 bp −$228.4K

COTI on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance COTIUSDT−0.2022%4h0.01452−0.047%$7.8M$42.3M50xas long as short
Aster COTIUSDTlong−0.2016%4h0.01452long leg$11K$318K5x
MEXC COTI_USDT−0.1952%4h0.01452+0.007%$11.9M$2.2M50xas long as short
BloFin COTI-USDT−0.1367%4h0.01448−0.289%$439K$626K50xas long as short
KuCoin COTIUSDTM−0.1314%4h0.01453+0.055%$1.8M$2.2M50xas long as short
Gate COTI_USDT−0.1056%4h0.01453+0.055%$433K$1.1M25xas long as short
Bybit COTIUSDT−0.0557%8h0.01452+0.021%$3.7M$9.3M50xas long as short
Bitget COTIUSDT+0.0008%4h0.01454+0.124%$3.2M$3.2M50xas long as short
BingX COTI-USDTshort+0.0100%4h0.01452+0.014%$1.6M
Variational Omni COTI+0.0100%8h0.01448−0.271%$29K$38Kas long as short