Funding you earn now, next payment 00:00 UTC+0.0236%/8h= +25.9% APRnext payment +$1.18 per $10,000 · paid last 24h +0.031%
Price spread now: MEXC against Aster+0.028%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$248as in the Funding arb table
Net, price: spread back to 7d avg − costs−$250as in the Price arb table
costs, in and out, $10k−$2532.534% of the position
Funding, last 7 days+0.050%+$5 on $10k
+Price spread, last 4 days (all we have)−0.295%−$29 · spread now +0.028%, 7d avg −0.005%
=Together, before fees−0.245%+ Points / potential airdropAster: Stage 5 · farm board−$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and MEXC is 0.033% dearer against Aster than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.005%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.050% in total (about 2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.18 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster COTIUSDT | 0.01507 | −0.0142 | get 0.0071% / 4h | 1h 40m | $9K | $281K | 5x |
| Short | MEXC COTI_USDT | 0.01507 | 0.0094 | get 0.0047% / 4h | 1h 40m | $12.9M | $1.6M | 50x |
Aster COTIUSDT
MEXC COTI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $49.66
- Price spread: +0.028% → −0.005%
- $3.33
- Slippage, 4 orders
- −$241.44
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$200.46
- Costs to cover
- 2.534%
- Break-even
- 35.3 days
Slippage from Aster: live order book, 42 min ago; MEXC: live order book, 3 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster live order book, 42 min ago | 6.19 bp | 82.5 bp −$83 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.66 bp | 7.6 bp −$8 | 34.6 bp −$346 | 75.5 bp −$7,550 | 183.4 bp −$91.7K |
COTI on 10 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster COTIUSDTlong | −0.0142% | 4h | 0.01507 | long leg | $9K | $281K | 5x | |
| Binance COTIUSDT | +0.0086% | 4h | 0.01507 | +0.015% | $7.2M | $32.4M | 50x | as long as short |
| MEXC COTI_USDTshort | +0.0094% | 4h | 0.01507 | +0.028% | $12.9M | $1.6M | 50x | |
| Bybit COTIUSDT | +0.0100% | 8h | 0.01508 | +0.075% | $3.7M | $6.8M | 50x | as long as short |
| Gate COTI_USDT | +0.0100% | 4h | 0.01507 | +0.028% | $436K | $824K | 25x | as long as short |
| KuCoin COTIUSDTM | +0.0100% | 4h | 0.01506 | −0.038% | $1.9M | $1.5M | 50x | as long as short |
| Bitget COTIUSDT | +0.0100% | 4h | 0.01509 | +0.161% | $3.3M | $2.3M | 50x | as long as short |
| Variational Omni COTI | +0.0100% | 8h | 0.01506 | −0.050% | $25K | $28K | — | as long as short |
| BingX COTI-USDT | +0.0200% | 4h | 0.01508 | +0.068% | — | $1.6M | — | as long as short |
| BloFin COTI-USDT | +0.0335% | 4h | 0.01503 | −0.264% | $397K | $426K | 50x | as long as short |
Binance COTIUSDT
Bybit COTIUSDT
Gate COTI_USDT
KuCoin COTIUSDTM
Bitget COTIUSDT
Variational Omni COTI
BingX COTI-USDT
BloFin COTI-USDT