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

COTI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0295%/8h= +32.3% APRnext payment +$1.47 per $10,000 · paid last 24h +0.060%
Price spread now: Gate against Aster+0.195%7-day average +0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$753as in the Funding arb table
Net, price: spread back to 7d avg − costs−$750as in the Price arb table
costs, in and out, $10k−$7607.604% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.074%+$7 on $10k
Price spread, last 4 days (all we have)−0.473%−$47 · spread now +0.195%, 7d avg +0.086%
Together, before fees−0.398%+ Points / potential airdropAster: Stage 5 · farm board−$40 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Gate is 0.109% dearer against Aster than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.086%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.074% in total (about 3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.47 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 COTIUSDT0.01495−0.0195get 0.0097% / 4h1h 02m$10K$288K5x
ShortGate COTI_USDT0.014980.0100get 0.0050% / 4h1h 02m$430K$870K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$61.95
Price spread: +0.195% → +0.086%
$10.86
Slippage, 4 orders
−$737.38
Fee Aster: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$687.56
Costs to cover
7.604%
Break-even
84.7 days
Slippage from Aster: live order book, 14 min ago; Gate: live order book, 14 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, 14 min ago19.51 bp216.8 bp −$217doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 14 min ago6.57 bp41.4 bp −$41doesn'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−0.0195%4h0.01495long leg$10K$288K5x
Binance COTIUSDT+0.0002%4h0.01495+0.007%$7.3M$34.0M50xas long as short
MEXC COTI_USDT+0.0006%4h0.01495−0.019%$12.7M$1.8M50xas long as short
BloFin COTI-USDT+0.0006%4h0.01496+0.034%$405K$452K50xas long as short
Bybit COTIUSDT+0.0100%8h0.01497+0.128%$3.7M$7.3M50xas long as short
Gate COTI_USDTshort+0.0100%4h0.01498+0.195%$430K$870K25x
KuCoin COTIUSDTM+0.0100%4h0.01495−0.006%$1.9M$1.5M50xas long as short
Bitget COTIUSDT+0.0100%4h0.01499+0.262%$3.3M$2.5M50xas long as short
Variational Omni COTI+0.0100%8h0.01500+0.355%$26K$30Kas long as short
BingX COTI-USDT+0.0200%4h0.01496+0.041%$1.6Mas long as short