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

COTI

all COTI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Bitget−0.247%7-day average +0.096% · you buy dearer than you sell
Net, funding: paid 7d − costs−$207as in the Funding arb table
Net, price: spread back to 7d avg − costs−$267as in the Price arb table
costs, in and out, $10k−$2322.323% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.250%+$25 on $10k
Price spread, last 7 days+0.478%+$48 · spread now −0.247%, 7d avg +0.096%
Together, before fees+0.728%+$73 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.343% cheaper against Bitget than usual: you would sell low and buy high, −$34 on $10k if it goes back to its 7-day average of +0.096%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget COTIUSDT0.014970.0100pay 0.0050% / 4h2h 50m$3.3M$2.8M50x
ShortBybit COTIUSDT0.014930.0100get 0.0100% / 8h6h 50m$3.8M$8.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: −0.247% → +0.096%
−$34.34
Slippage, 4 orders
−$209.33
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$266.67
Costs to cover
2.323%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; Bybit: live order book, 2 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, 2 min ago10.02 bp27.2 bp −$27145.3 bp −$1,453doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago4.36 bp104.5 bp −$105258.2 bp −$2,582doesn'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 COTIUSDT−0.0701%4h0.01492−0.330%$10K$298K5xas long as short
Binance COTIUSDT−0.0617%4h0.01491−0.374%$7.7M$38.4M50xas long as short
MEXC COTI_USDT−0.0594%4h0.01492−0.341%$12.6M$2.0M50xas long as short
BloFin COTI-USDT−0.0377%4h0.01493−0.294%$426K$535K50xas long as short
Bybit COTIUSDTshort+0.0100%8h0.01493−0.247%$3.8M$8.5M50x
Gate COTI_USDT+0.0100%4h0.014970.000%$438K$970K25xas long as short
KuCoin COTIUSDTM+0.0100%4h0.01496−0.067%$1.9M$1.9M50xas long as short
Bitget COTIUSDTlong+0.0100%4h0.01497long leg$3.3M$2.8M50x
BingX COTI-USDT+0.0100%4h0.01493−0.294%$1.6Mas long as short
Variational Omni COTI+0.0100%8h0.01494−0.226%$30K$37Kas long as short