Funding you earn now, next payment 00:00 UTC+0.0204%/8h= +22.3% APRnext payment +$1.02 per $10,000 · paid last 24h +0.034%
Price spread now: BingX against Binance+0.074%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$850.847% of the position
Funding, last 7 days+0.157%+$16 on $10k
+Price spread, last 7 days−0.060%−$6 · spread now +0.074%, 7d avg +0.035%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BingX is 0.038% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance COTIUSDT | 0.01509 | −0.0004 | get 0.0002% / 4h | 58m 42s | $7.4M | $34.1M | 50x |
| Short | BingX COTI-USDT | 0.01510 | 0.0200 | get 0.0100% / 4h | 58m 42s | — | $1.6M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- $42.84
- Price spread: +0.074% → +0.035%
- $3.85
- Slippage, 4 orders
- −$64.65
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$37.96
- Costs to cover
- 0.847%
- Break-even
- 13.2 days
Slippage from Binance: live order book, 13 min ago; BingX: live order book, 13 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 Binance live order book, 13 min ago | 1.33 bp | 19.2 bp −$19 | 76.7 bp −$767 | doesn't fit | doesn't fit |
| Sell BingX live order book, 13 min ago | 5.96 bp | 25.2 bp −$25 | 57.9 bp −$579 | 323.3 bp −$32.3K | 420.8 bp −$210.4K |
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 COTIUSDT | −0.0199% | 4h | 0.01512 | +0.193% | $12K | $291K | 5x | as long as short |
| Binance COTIUSDTlong | −0.0004% | 4h | 0.01509 | long leg | $7.4M | $34.1M | 50x | |
| MEXC COTI_USDT | −0.0004% | 4h | 0.01510 | +0.087% | $12.9M | $1.8M | 50x | as long as short |
| Bybit COTIUSDT | +0.0100% | 8h | 0.01510 | +0.080% | $3.7M | $7.4M | 50x | as long as short |
| Gate COTI_USDT | +0.0100% | 4h | 0.01510 | +0.061% | $430K | $847K | 25x | as long as short |
| KuCoin COTIUSDTM | +0.0100% | 4h | 0.01510 | +0.061% | $1.9M | $1.5M | 50x | as long as short |
| Bitget COTIUSDT | +0.0100% | 4h | 0.01512 | +0.193% | $3.3M | $2.5M | 50x | as long as short |
| Variational Omni COTI | +0.0100% | 8h | 0.01506 | −0.221% | $27K | $30K | — | as long as short |
| BloFin COTI-USDT | +0.0158% | 4h | 0.01507 | −0.151% | $404K | $456K | 50x | as long as short |
| BingX COTI-USDTshort | +0.0200% | 4h | 0.01510 | +0.074% | — | $1.6M | — |
Binance COTIUSDT
BingX COTI-USDT
Aster COTIUSDT
MEXC COTI_USDT
Bybit COTIUSDT
Gate COTI_USDT
KuCoin COTIUSDTM
Bitget COTIUSDT
Variational Omni COTI
BloFin COTI-USDT