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

COTI

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0477%/8h= +52.3% APRnext payment +$2.39 per $10,000 · paid last 24h +0.093%
Price spread now: BloFin against Aster−0.296%7-day average +0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$255as in the Funding arb table
Net, price: spread back to 7d avg − costs−$322as in the Price arb table
costs, in and out, $10k−$2872.872% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.326%+$33 on $10k
Price spread, last 3 days (all we have)+1.124%+$112 · spread now −0.296%, 7d avg +0.051%
Together, before fees+1.450%+ Points / potential airdropAster: Stage 5 · farm board+$145 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.347% cheaper against Aster than usual: you would sell low and buy high (spread −0.296% now, against its 7-day average of +0.051%). If the spread goes back, that is −$35 on $10k: about 2.4 days of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.326% in total) that is about 7.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.326% in total (about 17.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.39 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 COTIUSDT0.01507−0.0142get 0.0071% / 4h1h 40m$9K$281K5x
ShortBloFin COTI-USDT0.015030.0335get 0.0167% / 4h1h 40m$397K$426K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$100.26
Price spread: −0.296% → +0.051%
−$34.7
Slippage, 4 orders
−$267.25
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$221.69
Costs to cover
2.872%
Break-even
22.5 days
Slippage from Aster: live order book, 41 min ago; BloFin: live order book, 40 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, 41 min ago6.19 bp82.5 bp −$83doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 40 min ago5.49 bp29.0 bp −$29doesn't fitdoesn't fitdoesn't fit

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
Aster COTIUSDTlong−0.0142%4h0.01507long leg$9K$281K5x
Binance COTIUSDT+0.0086%4h0.01505−0.114%$7.2M$32.4M50xas long as short
MEXC COTI_USDT+0.0094%4h0.01506−0.103%$12.9M$1.6M50xas long as short
Bybit COTIUSDT+0.0100%8h0.01506−0.044%$3.7M$6.8M50xas long as short
Gate COTI_USDT+0.0100%4h0.01507−0.004%$437K$824K25xas long as short
KuCoin COTIUSDTM+0.0100%4h0.01506−0.070%$1.9M$1.5M50xas long as short
Bitget COTIUSDT+0.0100%4h0.01508+0.063%$3.3M$2.3M50xas long as short
Variational Omni COTI+0.0100%8h0.01508+0.053%$25K$28Kas long as short
BingX COTI-USDT+0.0200%4h0.01507−0.024%$1.6Mas long as short
BloFin COTI-USDTshort+0.0335%4h0.01503−0.296%$397K$426K50x