Funding you earn now, next payment 04:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.11 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance+0.063%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$610.608% of the position
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 7 days−0.091%−$9 · spread now +0.063%, 7d avg −0.010%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.073% dearer against Binance than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.010%. Mind the row above: over the last 7 days funding on this pair cost −0.051%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance COTIUSDT | 0.01469 | −0.0965 | get 0.0483% / 4h | 2h 29m | $7.7M | $39.0M | 50x |
| Short | MEXC COTI_USDT | 0.01470 | −0.0944 | pay 0.0472% / 4h | 2h 29m | $12.4M | $2.1M | 50x |
Binance COTIUSDT
MEXC COTI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $4.49
- Price spread: +0.063% → −0.010%
- $7.31
- Slippage, 4 orders
- −$46.77
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$48.97
- Costs to cover
- 0.608%
- Break-even
- 83.3 days
Slippage from Binance: live order book, 12 min ago; MEXC: live order book, 4 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, 12 min ago | 2.37 bp | 23.4 bp −$23 | 82.6 bp −$826 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.68 bp | 9.2 bp −$9 | 28.6 bp −$286 | 72.3 bp −$7,233 | 184.2 bp −$92.1K |
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 | −0.1064% | 4h | 0.01470 | +0.070% | $12K | $302K | 5x | as long as short |
| Binance COTIUSDTlong | −0.0965% | 4h | 0.01469 | long leg | $7.7M | $39.0M | 50x | |
| MEXC COTI_USDTshort | −0.0944% | 4h | 0.01470 | +0.063% | $12.4M | $2.1M | 50x | |
| Gate COTI_USDT | −0.0152% | 4h | 0.01472 | +0.213% | $430K | $988K | 25x | as long as short |
| KuCoin COTIUSDTM | +0.0080% | 4h | 0.01470 | +0.077% | $1.8M | $2.1M | 50x | as long as short |
| Bybit COTIUSDT | +0.0100% | 8h | 0.01470 | +0.063% | $3.8M | $8.7M | 50x | as long as short |
| Bitget COTIUSDT | +0.0100% | 4h | 0.01471 | +0.145% | $3.3M | $2.9M | 50x | as long as short |
| BingX COTI-USDT | +0.0100% | 4h | 0.01468 | −0.059% | — | $1.6M | — | as long as short |
| Variational Omni COTI | +0.0100% | 8h | 0.01467 | −0.150% | $30K | $37K | — | as long as short |
Aster COTIUSDT
Gate COTI_USDT
KuCoin COTIUSDTM
Bybit COTIUSDT
Bitget COTIUSDT
BingX COTI-USDT
Variational Omni COTI