Funding you earn now, next payment 04:00 UTC+0.0759%/8h= +83.2% APRnext payment +$3.80 per $10,000 · paid last 24h +0.038%
Price spread now: Gate against Binance+0.349%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1501.496% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 7 days−0.338%−$34 · spread now +0.349%, 7d avg +0.054%
=Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Gate is 0.295% dearer against Binance than usual: you sell high and buy low: +$30 more if the spread goes back to its 7-day average of +0.054%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.020% in total (about -1.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.80 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 | Binance COTIUSDT | 0.01465 | −0.0921 | get 0.0461% / 4h | 2h 33m | $7.7M | $38.9M | 50x |
| Short | Gate COTI_USDT | 0.01470 | −0.0162 | pay 0.0081% / 4h | 2h 33m | $428K | $984K | 25x |
Binance COTIUSDT
Gate COTI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $159.47
- Price spread: +0.349% → +0.054%
- $29.5
- Slippage, 4 orders
- −$124.57
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $39.4
- Costs to cover
- 1.496%
- Break-even
- 5.3 days
Slippage from Binance: live order book, 8 min ago; Gate: live order book, 34 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, 8 min ago | 2.37 bp | 23.4 bp −$23 | 82.6 bp −$826 | doesn't fit | doesn't fit |
| Sell Gate live order book, 34 min ago | 6.81 bp | 62.4 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
COTI on 9 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 | −0.1024% | 4h | 0.01470 | +0.342% | $12K | $302K | 5x | as long as short |
| Binance COTIUSDTlong | −0.0921% | 4h | 0.01465 | long leg | $7.7M | $38.9M | 50x | |
| MEXC COTI_USDT | −0.0896% | 4h | 0.01463 | −0.115% | $12.3M | $2.1M | 50x | as long as short |
| Gate COTI_USDTshort | −0.0162% | 4h | 0.01470 | +0.349% | $428K | $984K | 25x | |
| KuCoin COTIUSDTM | +0.0082% | 4h | 0.01468 | +0.212% | $1.9M | $2.1M | 50x | as long as short |
| Bybit COTIUSDT | +0.0100% | 8h | 0.01467 | +0.130% | $3.8M | $8.7M | 50x | as long as short |
| Bitget COTIUSDT | +0.0100% | 4h | 0.01469 | +0.280% | $3.3M | $2.9M | 50x | as long as short |
| BingX COTI-USDT | +0.0100% | 4h | 0.01468 | +0.178% | — | $1.6M | — | as long as short |
| Variational Omni COTI | +0.0100% | 8h | 0.01469 | +0.299% | $30K | $37K | — | as long as short |
Aster COTIUSDT
MEXC COTI_USDT
KuCoin COTIUSDTM
Bybit COTIUSDT
Bitget COTIUSDT
BingX COTI-USDT
Variational Omni COTI