COTI

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0801%/8h= −87.7% APRnext payment −$4.01 per $10,000 · paid last 24h −0.084%

Price spread now: Aster against BingX+0.300%7-day average −0.047% · you sell dearer than you buy

Net, funding: paid 7d − costs−$335as in the Funding arb table

Net, price: spread back to 7d avg − costs−$270as in the Price arb table

costs, in and out, $10k−$3053.051% of the position

Long on BingX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.300%−$30 on $10k

Price spread, last 4 days (all we have)−0.170%−$17 · spread now +0.300%, 7d avg −0.047%

Together, before fees−0.470%+ Points / potential airdropAster: Stage 5 · farm board−$47 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Aster is 0.347% dearer against BingX than usual: you sell high and buy low (spread +0.300% now, against its 7-day average of −0.047%): +$35 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 35 hours. At the pace of the last 7 days (−0.300% in total) that is about 8.1 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.300% in total (about -15.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.01 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	BingX COTI-USDT	0.01492	0.0100	pay 0.0050% / 4h	2h 51m	—	$1.6M	—
Short	Aster COTIUSDT	0.01496	−0.0701	pay 0.0351% / 4h	2h 51m	$10K	$298K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against BingX. 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

Position, each leg$Hold fordaysFee BingXbpFee AsterbpOrdersPrice spread, now +0.300%Rate

Funding earned: −$168.28
Price spread: +0.300% → −0.047%: $34.69
Slippage, 4 orders: −$287.12
Fee BingX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$438.7
Costs to cover: 3.051%
Break-even: never at this rate

Slippage from BingX: live order book, 10 min ago; Aster: live order book, 16 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 BingX live order book, 10 min ago	0.34 bp	38.2 bp −$38	89.0 bp −$890	380.3 bp −$38.0K	446.8 bp −$223.4K
Sell Aster live order book, 16 min ago	8.20 bp	106.8 bp −$107	doesn't fit	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 COTIUSDTshort	−0.0701%	4h	0.01496	+0.300%	$10K	$298K	5x
Binance COTIUSDT	−0.0617%	4h	0.01493	+0.064%	$7.7M	$38.4M	50x	as long as short
MEXC COTI_USDT	−0.0594%	4h	0.01493	+0.087%	$12.6M	$2.0M	50x	as long as short
BloFin COTI-USDT	−0.0377%	4h	0.01493	+0.047%	$426K	$535K	50x	as long as short
Bybit COTIUSDT	+0.0100%	8h	0.01494	+0.141%	$3.8M	$8.5M	50x	as long as short
Gate COTI_USDT	+0.0100%	4h	0.01497	+0.342%	$438K	$970K	25x	as long as short
KuCoin COTIUSDTM	+0.0100%	4h	0.01497	+0.342%	$1.9M	$1.9M	50x	as long as short
Bitget COTIUSDT	+0.0100%	4h	0.01496	+0.275%	$3.3M	$2.8M	50x	as long as short
BingX COTI-USDTlong	+0.0100%	4h	0.01492	long leg	—	$1.6M	—
Variational Omni COTI	+0.0100%	8h	0.01494	+0.115%	$30K	$37K	—	as long as short