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+0.0237%/8h= +26.0% APRpaid last 24h +0.060%
Price spread now: Bybit against Aster−0.246%7-day average +0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$304as in the Funding arb table
Net, price: spread back to 7d avg − costs−$376as in the Price arb table
costs, in and out, $10k−$3433.433% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.395%+$39 on $10k
Price spread, last 4 days (all we have)+0.432%+$43 · spread now −0.246%, 7d avg +0.079%
Together, before fees+0.827%+ Points / potential airdropAster: Stage 5 · farm board+$83 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.325% cheaper against Aster than usual: you would sell low and buy high (spread −0.246% now, against its 7-day average of +0.079%). If the spread goes back, that is −$32 on $10k: about 4.6 days of funding at the current rate (+$7 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster COTIUSDT0.01507−0.0137get 0.0069% / 4h1h 41m$9K$281K5x
ShortBybit COTIUSDT0.015030.0100get 0.0100% / 8h1h 41m$3.7M$6.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$49.85
Price spread: −0.246% → +0.079%
−$32.5
Slippage, 4 orders
−$324.26
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$325.91
Costs to cover
3.433%
Break-even
52.8 days
Slippage from Aster: live order book, 41 min ago; Bybit: live order book, 2 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 Bybit live order book, 2 min ago1.66 bp85.6 bp −$86187.2 bp −$1,872doesn'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−0.0137%4h0.01507long leg$9K$281K5x
Binance COTIUSDT+0.0095%4h0.01503−0.258%$7.2M$32.4M50xas long as short
MEXC COTI_USDT+0.0098%4h0.01503−0.233%$12.9M$1.6M50xas long as short
Bybit COTIUSDTshort+0.0100%8h0.01503−0.246%$3.7M$6.8M50x
Gate COTI_USDT+0.0100%4h0.01507−0.001%$437K$824K25xas long as short
KuCoin COTIUSDTM+0.0100%4h0.01505−0.133%$1.9M$1.5M50xas long as short
Bitget COTIUSDT+0.0100%4h0.01506−0.067%$3.3M$2.3M50xas long as short
Variational Omni COTI+0.0100%8h0.01508+0.056%$25K$28Kas long as short
BingX COTI-USDT+0.0200%4h0.01506−0.047%$1.6Mas long as short
BloFin COTI-USDT+0.0335%4h0.01503−0.293%$397K$426K50xas long as short