Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.005%
Price spread now: Bitget against BingX+0.180%7-day average −0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$970.974% of the position
Funding, last 7 days−0.138%−$14 on $10k
+Price spread, last 7 days−0.335%−$34 · spread now +0.180%, 7d avg −0.051%
=The price spread pays, funding is against you. Bitget is 0.230% dearer against BingX than usual: you sell high and buy low (spread +0.180% now, against its 7-day average of −0.051%): +$23 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 7.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX COTI-USDT | 0.01503 | 0.0200 | pay 0.0100% / 4h | 1h 01m | — | $1.6M | — |
| Short | Bitget COTIUSDT | 0.01506 | 0.0100 | get 0.0050% / 4h | 1h 01m | $3.3M | $2.5M | 50x |
BingX COTI-USDT
Bitget COTIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$21
- Price spread: +0.180% → −0.051%
- $23.05
- Slippage, 4 orders
- −$75.39
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$95.34
- Costs to cover
- 0.974%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; Bitget: live order book, 1 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 | 5.96 bp | 21.2 bp −$21 | 61.6 bp −$616 | 386.0 bp −$38.6K | 486.4 bp −$243.2K |
| Sell Bitget live order book, 1 min ago | 10.00 bp | 27.0 bp −$27 | 133.6 bp −$1,336 | 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 COTIUSDT | −0.0202% | 4h | 0.01503 | −0.047% | $12K | $290K | 5x | as long as short |
| Binance COTIUSDT | −0.0004% | 4h | 0.01504 | +0.015% | $7.3M | $34.0M | 50x | as long as short |
| MEXC COTI_USDT | −0.0002% | 4h | 0.01503 | +0.007% | $12.8M | $1.8M | 50x | as long as short |
| BloFin COTI-USDT | +0.0006% | 4h | 0.01496 | −0.512% | $405K | $452K | 50x | as long as short |
| Bybit COTIUSDT | +0.0100% | 8h | 0.01505 | +0.133% | $3.7M | $7.3M | 50x | as long as short |
| Gate COTI_USDT | +0.0100% | 4h | 0.01504 | +0.047% | $434K | $872K | 25x | as long as short |
| KuCoin COTIUSDTM | +0.0100% | 4h | 0.01504 | +0.047% | $1.9M | $1.5M | 50x | as long as short |
| Bitget COTIUSDTshort | +0.0100% | 4h | 0.01506 | +0.180% | $3.3M | $2.5M | 50x | |
| Variational Omni COTI | +0.0100% | 8h | 0.01500 | −0.193% | $26K | $30K | — | as long as short |
| BingX COTI-USDTlong | +0.0200% | 4h | 0.01503 | long leg | — | $1.6M | — |
Aster COTIUSDT
Binance COTIUSDT
MEXC COTI_USDT
BloFin COTI-USDT
Bybit COTIUSDT
Gate COTI_USDT
KuCoin COTIUSDTM
Variational Omni COTI