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

COTI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0692%/8h= +75.7% APRnext payment +$3.46 per $10,000 · paid last 24h +0.044%
Price spread now: KuCoin against Aster+0.201%7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$373as in the Funding arb table
Net, price: spread back to 7d avg − costs−$353as in the Price arb table
costs, in and out, $10k−$3763.759% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.031%+$3 on $10k
Price spread, last 4 days (all we have)−0.399%−$40 · spread now +0.201%, 7d avg −0.032%
Together, before fees−0.368%+ Points / potential airdropAster: Stage 5 · farm board−$37 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and KuCoin is 0.232% dearer against Aster than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.032%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.031% in total (about 1.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.46 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 COTIUSDT0.01461−0.0592get 0.0296% / 4h3h 16m$8K$299K5x
ShortKuCoin COTIUSDTM0.014640.0100get 0.0050% / 4h3h 16m$1.9M$1.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$145.23
Price spread: +0.201% → −0.032%
$23.22
Slippage, 4 orders
−$355.95
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$207.5
Costs to cover
3.759%
Break-even
17.0 days
Slippage from Aster: live order book, 55 min ago; KuCoin: 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, 55 min ago9.74 bp126.6 bp −$127doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago10.15 bp65.6 bp −$66323.2 bp −$3,232doesn'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−0.0592%4h0.01461long leg$8K$299K5x
MEXC COTI_USDT−0.0452%4h0.01461+0.016%$12.4M$2.0M50xas long as short
Binance COTIUSDT−0.0451%4h0.01463+0.146%$7.6M$37.2M50xas long as short
BloFin COTI-USDT−0.0211%4h0.01461+0.023%$424K$514K50xas long as short
Bybit COTIUSDT+0.0100%8h0.01466+0.344%$3.7M$8.2M50xas long as short
Gate COTI_USDT+0.0100%4h0.01464+0.201%$432K$923K25xas long as short
KuCoin COTIUSDTMshort+0.0100%4h0.01464+0.201%$1.9M$1.8M50x
Bitget COTIUSDT+0.0100%4h0.01464+0.201%$3.2M$2.7M50xas long as short
BingX COTI-USDT+0.0100%4h0.01464+0.173%$1.6Mas long as short
Variational Omni COTI+0.0100%8h0.01475+0.975%$26K$30Kas long as short