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

COTI

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0477%/8h= −52.3% APRnext payment $2.39 per $10,000 · paid last 24h −0.093%
Price spread now: Aster against BloFin+0.342%7-day average −0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$320as in the Funding arb table
Net, price: spread back to 7d avg − costs−$248as in the Price arb table
costs, in and out, $10k−$2872.872% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.326%−$33 on $10k
Price spread, last 3 days (all we have)−1.171%−$117 · spread now +0.342%, 7d avg −0.051%
Together, before fees−1.497%+ Points / potential airdropAster: Stage 5 · farm board−$150 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.394% dearer against BloFin than usual: you sell high and buy low (spread +0.342% now, against its 7-day average of −0.051%): +$39 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 2.7 days. At the pace of the last 7 days (−0.326% in total) that is about 8.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.326% in total (about -17.0% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.39 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
LongBloFin COTI-USDT0.015030.0335pay 0.0167% / 4h1h 40m$397K$426K50x
ShortAster COTIUSDT0.01508−0.0142pay 0.0071% / 4h1h 40m$9K$281K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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
−$100.26
Price spread: +0.342% → −0.051%
$39.37
Slippage, 4 orders
−$267.25
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$348.14
Costs to cover
2.872%
Break-even
never at this rate
Slippage from BloFin: live order book, 40 min ago; Aster: live order book, 41 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 BloFin live order book, 40 min ago5.49 bp23.4 bp −$2360.2 bp −$602doesn't fitdoesn't fit
Sell Aster live order book, 41 min ago6.19 bp152.3 bp −$152doesn'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−0.0142%4h0.01508+0.342%$9K$281K5x
Binance COTIUSDT+0.0086%4h0.01506+0.257%$7.2M$32.4M50xas long as short
MEXC COTI_USDT+0.0094%4h0.01506+0.193%$12.9M$1.6M50xas long as short
Bybit COTIUSDT+0.0100%8h0.01507+0.299%$3.7M$6.8M50xas long as short
Gate COTI_USDT+0.0100%4h0.01507+0.293%$436K$824K25xas long as short
KuCoin COTIUSDTM+0.0100%4h0.01506+0.226%$1.9M$1.5M50xas long as short
Bitget COTIUSDT+0.0100%4h0.01508+0.359%$3.3M$2.3M50xas long as short
Variational Omni COTI+0.0100%8h0.01508+0.350%$25K$28Kas long as short
BingX COTI-USDT+0.0200%4h0.01507+0.273%$1.6Mas long as short
BloFin COTI-USDTlong+0.0335%4h0.01503long leg$397K$426K50x