Funding you earn now, next payment 00:00 UTC+0.0103%/8h= +11.3% APRnext payment +$0.52 per $10,000 · paid last 24h +0.029%
Price spread now: Bitget against Binance+0.485%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$890.892% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 7 days−0.626%−$63 · spread now +0.485%, 7d avg −0.016%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bitget is 0.500% dearer against Binance than usual: you sell high and buy low: +$50 more if the spread goes back to its 7-day average of −0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance COTIUSDT | 0.01503 | −0.0003 | get 0.0002% / 4h | 1h 00m | $7.4M | $34.0M | 50x |
| Short | Bitget COTIUSDT | 0.01510 | 0.0100 | get 0.0050% / 4h | 1h 00m | $3.3M | $2.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $21.67
- Price spread: +0.485% → −0.016%
- $50.02
- Slippage, 4 orders
- −$67.2
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$17.51
- Costs to cover
- 0.892%
- Break-even
- 12.7 days
Slippage from Binance: live order book, 11 min ago; Bitget: live order book, 2 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, 11 min ago | 1.33 bp | 19.2 bp −$19 | 76.7 bp −$767 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 10.00 bp | 27.0 bp −$27 | 133.6 bp −$1,336 | doesn't fit | doesn't fit |
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 | −0.0198% | 4h | 0.01508 | +0.339% | $12K | $291K | 5x | as long as short |
| Binance COTIUSDTlong | −0.0003% | 4h | 0.01503 | long leg | $7.4M | $34.0M | 50x | |
| MEXC COTI_USDT | −0.0002% | 4h | 0.01507 | +0.252% | $12.8M | $1.8M | 50x | as long as short |
| BloFin COTI-USDT | +0.0083% | 4h | 0.01506 | +0.238% | $408K | $456K | 50x | as long as short |
| Bybit COTIUSDT | +0.0100% | 8h | 0.01505 | +0.132% | $3.7M | $7.4M | 50x | as long as short |
| Gate COTI_USDT | +0.0100% | 4h | 0.01510 | +0.485% | $436K | $873K | 25x | as long as short |
| KuCoin COTIUSDTM | +0.0100% | 4h | 0.01506 | +0.218% | $1.9M | $1.5M | 50x | as long as short |
| Bitget COTIUSDTshort | +0.0100% | 4h | 0.01510 | +0.485% | $3.3M | $2.5M | 50x | |
| Variational Omni COTI | +0.0100% | 8h | 0.01500 | −0.154% | $26K | $30K | — | as long as short |
| BingX COTI-USDT | +0.0200% | 4h | 0.01508 | +0.371% | — | $1.6M | — | as long as short |
Binance COTIUSDT
Bitget COTIUSDT
Aster COTIUSDT
MEXC COTI_USDT
BloFin COTI-USDT
Bybit COTIUSDT
Gate COTI_USDT
KuCoin COTIUSDTM
Variational Omni COTI
BingX COTI-USDT