COTI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.062%

Price spread now: Binance against BloFin+0.090%7-day average −0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs−$132as in the Funding arb table

Net, price: spread back to 7d avg − costs−$97as in the Price arb table

costs, in and out, $10k−$1101.100% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.219%−$22 on $10k

Price spread, last 3 days (all we have)−0.768%−$77 · spread now +0.090%, 7d avg −0.036%

Together, before fees−0.987%−$99 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.126% dearer against BloFin than usual: you sell high and buy low (spread +0.090% now, against its 7-day average of −0.036%): +$13 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 42 hours. At the pace of the last 7 days (−0.219% in total) that is about 4.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin COTI-USDT	0.01488	0.0032	pay 0.0016% / 4h	6m 53s	$409K	$492K	50x
Short	Binance COTIUSDT	0.01490	−0.0208	pay 0.0104% / 4h	6m 53s	$7.5M	$35.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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

Position, each leg$Hold fordaysFee BloFinbpFee BinancebpOrdersPrice spread, now +0.090%Rate

Funding earned: −$50.4
Price spread: +0.090% → −0.036%: $12.65
Slippage, 4 orders: −$87.95
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$147.7
Costs to cover: 1.100%
Break-even: never at this rate

Slippage from BloFin: live order book, 4 min ago; Binance: live order book, 5 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 BloFin live order book, 4 min ago	8.70 bp	30.3 bp −$30	71.4 bp −$714	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	2.68 bp	21.6 bp −$22	85.7 bp −$857	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	−0.0379%	4h	0.01491	+0.155%	$10K	$296K	5x	as long as short
Binance COTIUSDTshort	−0.0208%	4h	0.01490	+0.090%	$7.5M	$35.8M	50x
MEXC COTI_USDT	−0.0208%	4h	0.01490	+0.074%	$12.6M	$1.9M	50x	as long as short
BloFin COTI-USDTlong	+0.0032%	4h	0.01488	long leg	$409K	$492K	50x
Bybit COTIUSDT	+0.0100%	8h	0.01490	+0.101%	$3.7M	$7.8M	50x	as long as short
Gate COTI_USDT	+0.0100%	4h	0.01491	+0.175%	$432K	$895K	25x	as long as short
KuCoin COTIUSDTM	+0.0100%	4h	0.01492	+0.242%	$1.9M	$1.6M	50x	as long as short
Bitget COTIUSDT	+0.0100%	4h	0.01491	+0.175%	$3.3M	$2.6M	50x	as long as short
Variational Omni COTI	+0.0100%	8h	0.01494	+0.358%	$26K	$30K	—	as long as short
BingX COTI-USDT	+0.0200%	4h	0.01491	+0.161%	—	$1.6M	—	as long as short