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

COTI

all COTI markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.607%−$61 on $10k · with fees, hour by hour
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance COTIUSDT0.01503−0.0003get 0.0002% / 4h1h 00m$7.4M$34.0M50x
ShortBitget COTIUSDT0.015100.0100get 0.0050% / 4h1h 00m$3.3M$2.5M50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 11 min ago1.33 bp19.2 bp −$1976.7 bp −$767doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago10.00 bp27.0 bp −$27133.6 bp −$1,336doesn'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 COTIUSDT−0.0198%4h0.01508+0.339%$12K$291K5xas long as short
Binance COTIUSDTlong−0.0003%4h0.01503long leg$7.4M$34.0M50x
MEXC COTI_USDT−0.0002%4h0.01507+0.252%$12.8M$1.8M50xas long as short
BloFin COTI-USDT+0.0083%4h0.01506+0.238%$408K$456K50xas long as short
Bybit COTIUSDT+0.0100%8h0.01505+0.132%$3.7M$7.4M50xas long as short
Gate COTI_USDT+0.0100%4h0.01510+0.485%$436K$873K25xas long as short
KuCoin COTIUSDTM+0.0100%4h0.01506+0.218%$1.9M$1.5M50xas long as short
Bitget COTIUSDTshort+0.0100%4h0.01510+0.485%$3.3M$2.5M50x
Variational Omni COTI+0.0100%8h0.01500−0.154%$26K$30Kas long as short
BingX COTI-USDT+0.0200%4h0.01508+0.371%$1.6Mas long as short