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: Bitget against BloFin+0.426%75s7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$129as 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)−1.056%−$106 · spread now +0.426%, 7d avg +0.073%
=The price spread pays, funding is against you. Bitget is 0.353% dearer against BloFin than usual: you sell high and buy low (spread +0.426% now, against its 7-day average of +0.073%): +$35 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 5.0 days. At the pace of the last 7 days (−0.200% in total) that is about 12 days. The two prices were read 75 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 | BloFin COTI-USDT | 0.01503 | 0.0335 | pay 0.0167% / 4h | 1h 40m | $397K | $426K | 50x |
| Short | Bitget COTIUSDT | 0.01509 | 0.0100 | get 0.0050% / 4h | 1h 40m | $3.3M | $2.3M | 50x |
BloFin COTI-USDT
Bitget COTIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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: +0.426% → +0.073%
- $35.27
- Slippage, 4 orders
- −$84.71
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$122.78
- Costs to cover
- 1.087%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 41 min ago; Bitget: live order book, 3 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, 41 min ago | 5.49 bp | 23.4 bp −$23 | 60.2 bp −$602 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 6.63 bp | 25.4 bp −$25 | 116.5 bp −$1,165 | 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 | 0.01507 | +0.265% | $9K | $281K | 5x | as long as short |
| Binance COTIUSDT | +0.0086% | 4h | 0.01507 | +0.280% | $7.2M | $32.4M | 50x | as long as short |
| MEXC COTI_USDT | +0.0094% | 4h | 0.01507 | +0.293% | $12.9M | $1.6M | 50x | as long as short |
| Bybit COTIUSDT | +0.0100% | 8h | 0.01508 | +0.339% | $3.7M | $6.8M | 50x | as long as short |
| Gate COTI_USDT | +0.0100% | 4h | 0.01507 | +0.293% | $436K | $824K | 25x | as long as short |
| KuCoin COTIUSDTM | +0.0100% | 4h | 0.01506 | +0.226% | $1.9M | $1.5M | 50x | as long as short |
| Bitget COTIUSDTshort | +0.0100% | 4h | 0.01509 | +0.426% | $3.3M | $2.3M | 50x | |
| Variational Omni COTI | +0.0100% | 8h | 0.01506 | +0.215% | $25K | $28K | — | as long as short |
| BingX COTI-USDT | +0.0200% | 4h | 0.01508 | +0.333% | — | $1.6M | — | as long as short |
| BloFin COTI-USDTlong | +0.0335% | 4h | 0.01503 | long leg | $397K | $426K | 50x |
Aster COTIUSDT
Binance COTIUSDT
MEXC COTI_USDT
Bybit COTIUSDT
Gate COTI_USDT
KuCoin COTIUSDTM
Variational Omni COTI
BingX COTI-USDT