Funding you earn now, next payment 04:00 UTC−0.2663%/8h= −291.6% APRnext payment −$13.31 per $10,000 · paid last 24h −0.048%
Price spread now: Binance against BingX−0.089%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$850.851% of the position
Funding, last 7 days−0.193%−$19 on $10k
+Price spread, last 7 days+0.059%+$6 · spread now −0.089%, 7d avg −0.036%
=Both sides work against this trade now: funding costs −$80 a day on $10k at the current rate, and Binance is 0.054% cheaper against BingX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.036%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.193% in total (about -10.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$13.31 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 | 0.01454 | −0.1064 | get 0.0532% / 4h | 4m 48s | — | $1.6M | — |
| Short | Binance COTIUSDT | 0.01453 | −0.3727 | pay 0.1863% / 4h | 4m 48s | $7.9M | $43.5M | 50x |
BingX COTI-USDT
Binance COTIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- −$559.15
- Price spread: −0.089% → −0.036%
- −$5.39
- Slippage, 4 orders
- −$65.13
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$649.67
- Costs to cover
- 0.851%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; Binance: live order book, 7 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, 2 min ago | 5.48 bp | 21.2 bp −$21 | 60.8 bp −$608 | 380.8 bp −$38.1K | 494.4 bp −$247.2K |
| Sell Binance live order book, 7 min ago | 2.73 bp | 16.7 bp −$17 | 54.7 bp −$547 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance COTIUSDTshort | −0.3727% | 4h | 0.01453 | −0.089% | $7.9M | $43.5M | 50x | |
| MEXC COTI_USDT | −0.3688% | 4h | 0.01452 | −0.158% | $11.8M | $2.3M | 50x | as long as short |
| Aster COTIUSDT | −0.3617% | 4h | 0.01462 | +0.516% | $11K | $334K | 5x | as long as short |
| KuCoin COTIUSDTM | −0.3280% | 4h | 0.01454 | −0.007% | $1.7M | $2.3M | 50x | as long as short |
| Gate COTI_USDT | −0.3230% | 4h | 0.01456 | +0.131% | $423K | $1.1M | 25x | as long as short |
| BloFin COTI-USDT | −0.2609% | 4h | 0.01453 | −0.103% | $435K | $639K | 50x | as long as short |
| Bitget COTIUSDT | −0.1818% | 4h | 0.01452 | −0.144% | $3.2M | $3.3M | 50x | as long as short |
| Bybit COTIUSDT | −0.1587% | 8h | 0.01453 | −0.083% | $3.7M | $9.5M | 50x | as long as short |
| BingX COTI-USDTlong | −0.1064% | 4h | 0.01454 | long leg | — | $1.6M | — | |
| Variational Omni COTI | −0.0601% | 8h | 0.01456 | +0.165% | $29K | $39K | — | as long as short |
MEXC COTI_USDT
Aster COTIUSDT
KuCoin COTIUSDTM
Gate COTI_USDT
BloFin COTI-USDT
Bitget COTIUSDT
Bybit COTIUSDT
Variational Omni COTI