Funding you earn now, next payment 00:00 UTC−0.0006%/8h= −0.7% APRnext payment −$0.03 per $10,000 · paid last 24h −0.028%
Price spread now: MEXC against Bitget−0.133%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$750.749% of the position
Funding, last 7 days−0.076%−$8 on $10k
+Price spread, last 7 days+0.259%+$26 · spread now −0.133%, 7d avg +0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.138% cheaper against Bitget than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget COTIUSDT | 0.01509 | 0.0100 | pay 0.0050% / 4h | 1h 39m | $3.3M | $2.3M | 50x |
| Short | MEXC COTI_USDT | 0.01507 | 0.0094 | get 0.0047% / 4h | 1h 39m | $12.9M | $1.6M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$1.26
- Price spread: −0.133% → +0.005%
- −$13.79
- Slippage, 4 orders
- −$58.9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$89.95
- Costs to cover
- 0.749%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; MEXC: live order book, 4 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, 3 min ago | 6.63 bp | 30.9 bp −$31 | 124.2 bp −$1,242 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.66 bp | 7.6 bp −$8 | 34.6 bp −$346 | 75.5 bp −$7,550 | 183.4 bp −$91.7K |
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 | −0.070% | $9K | $281K | 5x | as long as short |
| Binance COTIUSDT | +0.0086% | 4h | 0.01507 | −0.139% | $7.2M | $32.4M | 50x | as long as short |
| MEXC COTI_USDTshort | +0.0094% | 4h | 0.01507 | −0.133% | $12.9M | $1.6M | 50x | |
| Bybit COTIUSDT | +0.0100% | 8h | 0.01508 | −0.093% | $3.7M | $6.8M | 50x | as long as short |
| Gate COTI_USDT | +0.0100% | 4h | 0.01508 | −0.066% | $437K | $824K | 25x | as long as short |
| KuCoin COTIUSDTM | +0.0100% | 4h | 0.01506 | −0.199% | $1.9M | $1.5M | 50x | as long as short |
| Bitget COTIUSDTlong | +0.0100% | 4h | 0.01509 | long leg | $3.3M | $2.3M | 50x | |
| Variational Omni COTI | +0.0100% | 8h | 0.01506 | −0.210% | $25K | $28K | — | as long as short |
| BingX COTI-USDT | +0.0200% | 4h | 0.01508 | −0.040% | — | $1.6M | — | as long as short |
| BloFin COTI-USDT | +0.0335% | 4h | 0.01503 | −0.424% | $397K | $426K | 50x | as long as short |
Bitget COTIUSDT
MEXC COTI_USDT
Aster COTIUSDT
Binance COTIUSDT
Bybit COTIUSDT
Gate COTI_USDT
KuCoin COTIUSDTM
Variational Omni COTI
BingX COTI-USDT
BloFin COTI-USDT