Settings8H · net · $10k
Funding arb · Price arb /

COTI

all COTI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0295%/8h= −32.3% APRnext payment $1.47 per $10,000 · paid last 24h −0.060%
Price spread now: Aster against Bitget−0.167%7-day average −0.103% · you buy dearer than you sell
Net, funding: paid 7d − costs−$742as in the Funding arb table
Net, price: spread back to 7d avg − costs−$735as in the Price arb table
costs, in and out, $10k−$7297.290% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.126%−$13 on $10k
Price spread, last 4 days (all we have)+0.428%+$43 · spread now −0.167%, 7d avg −0.103%
Together, before fees+0.302%+ Points / potential airdropAster: Stage 5 · farm board+$30 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Aster is 0.064% cheaper against Bitget than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.103%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.126% in total (about -6.6% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.47 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget COTIUSDT0.014990.0100pay 0.0050% / 4h1h 03m$3.3M$2.5M50x
ShortAster COTIUSDT0.01497−0.0195pay 0.0097% / 4h1h 03m$10K$288K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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

Funding earned
−$61.95
Price spread: −0.167% → −0.103%
−$6.4
Slippage, 4 orders
−$708.97
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$797.32
Costs to cover
7.290%
Break-even
never at this rate
Slippage from Bitget: live order book, 10 min ago; Aster: live order book, 14 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 10 min ago6.61 bp32.4 bp −$32133.0 bp −$1,330doesn't fitdoesn't fit
Sell Aster live order book, 14 min ago19.51 bp453.3 bp −$453doesn't fitdoesn't fitdoesn't fit

COTI on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster COTIUSDTshort−0.0195%4h0.01497−0.167%$10K$288K5x
Binance COTIUSDT+0.0002%4h0.01496−0.200%$7.3M$34.0M50xas long as short
MEXC COTI_USDT+0.0006%4h0.01496−0.220%$12.7M$1.8M50xas long as short
BloFin COTI-USDT+0.0006%4h0.01496−0.227%$405K$452K50xas long as short
Bybit COTIUSDT+0.0100%8h0.01496−0.173%$3.7M$7.3M50xas long as short
Gate COTI_USDT+0.0100%4h0.01498−0.067%$430K$870K25xas long as short
KuCoin COTIUSDTM+0.0100%4h0.01495−0.267%$1.9M$1.5M50xas long as short
Bitget COTIUSDTlong+0.0100%4h0.01499long leg$3.3M$2.5M50x
Variational Omni COTI+0.0100%8h0.01500+0.093%$26K$30Kas long as short
BingX COTI-USDT+0.0200%4h0.01496−0.220%$1.6Mas long as short