Funding you earn now, next payment 00:00 UTC+0.0235%/8h= +25.7% APRnext payment +$1.17 per $10,000 · paid last 24h +0.033%
Price spread now: BloFin against Bitget−0.358%45s7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1091.087% of the position
Funding, last 7 days+0.200%+$20 on $10k
+Price spread, last 3 days (all we have)+0.988%+$99 · spread now −0.358%, 7d avg −0.073%
=Funding pays, the price is against you. BloFin is 0.285% cheaper against Bitget than usual: you would sell low and buy high (spread −0.358% now, against its 7-day average of −0.073%). If the spread goes back, that is −$28 on $10k: about 4.0 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.200% in total) that is about 10.0 days. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget COTIUSDT | 0.01508 | 0.0100 | pay 0.0050% / 4h | 1h 40m | $3.3M | $2.3M | 50x |
| Short | BloFin COTI-USDT | 0.01503 | 0.0335 | get 0.0167% / 4h | 1h 40m | $397K | $426K | 50x |
Bitget COTIUSDT
BloFin COTI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- $49.34
- Price spread: −0.358% → −0.073%
- −$28.49
- Slippage, 4 orders
- −$84.71
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$87.85
- Costs to cover
- 1.087%
- Break-even
- 19.5 days
Slippage from Bitget: live order book, 2 min ago; BloFin: live order book, 40 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 Bitget live order book, 2 min ago | 6.63 bp | 30.9 bp −$31 | 124.2 bp −$1,242 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 40 min ago | 5.49 bp | 29.0 bp −$29 | 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 COTIUSDT | −0.0142% | 4h | 0.01508 | −0.017% | $9K | $281K | 5x | as long as short |
| Binance COTIUSDT | +0.0086% | 4h | 0.01506 | −0.102% | $7.2M | $32.4M | 50x | as long as short |
| MEXC COTI_USDT | +0.0094% | 4h | 0.01506 | −0.166% | $12.9M | $1.6M | 50x | as long as short |
| Bybit COTIUSDT | +0.0100% | 8h | 0.01507 | −0.060% | $3.7M | $6.8M | 50x | as long as short |
| Gate COTI_USDT | +0.0100% | 4h | 0.01507 | −0.066% | $436K | $824K | 25x | as long as short |
| KuCoin COTIUSDTM | +0.0100% | 4h | 0.01506 | −0.133% | $1.9M | $1.5M | 50x | as long as short |
| Bitget COTIUSDTlong | +0.0100% | 4h | 0.01508 | long leg | $3.3M | $2.3M | 50x | |
| Variational Omni COTI | +0.0100% | 8h | 0.01508 | −0.009% | $25K | $28K | — | as long as short |
| BingX COTI-USDT | +0.0200% | 4h | 0.01507 | −0.086% | — | $1.6M | — | as long as short |
| BloFin COTI-USDTshort | +0.0335% | 4h | 0.01503 | −0.358% | $397K | $426K | 50x |
Aster COTIUSDT
Binance COTIUSDT
MEXC COTI_USDT
Bybit COTIUSDT
Gate COTI_USDT
KuCoin COTIUSDTM
Variational Omni COTI
BingX COTI-USDT