Funding you earn now, next payment 04:00 UTC−0.2702%/8h= −295.9% APRnext payment −$13.51 per $10,000 · paid last 24h −0.048%
Price spread now: MEXC against BingX−0.089%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$700.699% of the position
Funding, last 7 days−0.244%−$24 on $10k
+Price spread, last 7 days+0.048%+$5 · spread now −0.089%, 7d avg −0.045%
=Both sides work against this trade now: funding costs −$81 a day on $10k at the current rate, and MEXC is 0.044% cheaper against BingX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.045%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.244% in total (about -12.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$13.51 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 | 3m 08s | — | $1.6M | — |
| Short | MEXC COTI_USDT | 0.01452 | −0.3766 | pay 0.1883% / 4h | 3m 08s | $11.8M | $2.3M | 50x |
BingX COTI-USDT
MEXC COTI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$567.42
- Price spread: −0.089% → −0.045%
- −$4.4
- Slippage, 4 orders
- −$55.93
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$641.75
- Costs to cover
- 0.699%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; MEXC: live order book, 5 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, 4 min ago | 5.48 bp | 21.2 bp −$21 | 60.8 bp −$608 | 380.8 bp −$38.1K | 494.4 bp −$247.2K |
| Sell MEXC live order book, 5 min ago | 2.05 bp | 8.8 bp −$9 | 32.3 bp −$323 | 67.0 bp −$6,699 | 191.9 bp −$96.0K |
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 COTIUSDT | −0.3767% | 4h | 0.01454 | +0.042% | $7.9M | $43.5M | 50x | as long as short |
| MEXC COTI_USDTshort | −0.3766% | 4h | 0.01452 | −0.089% | $11.8M | $2.3M | 50x | |
| Aster COTIUSDT | −0.3677% | 4h | 0.01462 | +0.543% | $11K | $334K | 5x | as long as short |
| KuCoin COTIUSDTM | −0.3324% | 4h | 0.01453 | −0.048% | $1.7M | $2.3M | 50x | as long as short |
| Gate COTI_USDT | −0.3270% | 4h | 0.01457 | +0.227% | $426K | $1.1M | 25x | as long as short |
| BloFin COTI-USDT | −0.2637% | 4h | 0.01451 | −0.193% | $440K | $639K | 50x | as long as short |
| Bitget COTIUSDT | −0.1886% | 4h | 0.01456 | +0.158% | $3.3M | $3.3M | 50x | as long as short |
| Bybit COTIUSDT | −0.1602% | 8h | 0.01455 | +0.055% | $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 | +0.192% | $29K | $39K | — | as long as short |
Binance COTIUSDT
Aster COTIUSDT
KuCoin COTIUSDTM
Gate COTI_USDT
BloFin COTI-USDT
Bitget COTIUSDT
Bybit COTIUSDT
Variational Omni COTI