Funding you earn now, next payment 04:00 UTC+0.0308%/8h= +33.7% APRnext payment +$1.54 per $10,000 · paid last 24h −0.024%
Price spread now: Gate against BloFin−0.212%7-day average +0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costs−$187as in the Price arb table
costs, in and out, $10k−$1591.589% of the position
Funding, last 7 days−0.258%−$26 on $10k
+Price spread, last 3 days (all we have)−0.225%−$22 · spread now −0.212%, 7d avg +0.066%
=Funding pays, the price is against you. Gate is 0.278% cheaper against BloFin than usual: you would sell low and buy high (spread −0.212% now, against its 7-day average of +0.066%). If the spread goes back, that is −$28 on $10k: about 3.0 days of funding at the current rate (+$9 a day). Mind the row above: over the last 7 days funding on this pair cost −0.258%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin COTI-USDT | 0.01465 | −0.0208 | get 0.0104% / 4h | 3h 18m | $425K | $516K | 50x |
| Short | Gate COTI_USDT | 0.01462 | 0.0100 | get 0.0050% / 4h | 3h 18m | $433K | $915K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $64.7
- Price spread: −0.212% → +0.066%
- −$27.77
- Slippage, 4 orders
- −$131.87
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$121.93
- Costs to cover
- 1.589%
- Break-even
- 20.2 days
Slippage from BloFin: live order book, 52 min ago; Gate: live order book, 53 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, 52 min ago | 8.70 bp | 30.3 bp −$30 | 71.4 bp −$714 | doesn't fit | doesn't fit |
| Sell Gate live order book, 53 min ago | 6.70 bp | 51.9 bp −$52 | doesn't fit | 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 | −0.0588% | 4h | 0.01458 | −0.467% | $8K | $299K | 5x | as long as short |
| Binance COTIUSDT | −0.0453% | 4h | 0.01462 | −0.225% | $7.6M | $37.1M | 50x | as long as short |
| MEXC COTI_USDT | −0.0448% | 4h | 0.01461 | −0.287% | $12.4M | $2.0M | 50x | as long as short |
| BloFin COTI-USDTlong | −0.0208% | 4h | 0.01465 | long leg | $425K | $516K | 50x | |
| Bybit COTIUSDT | +0.0100% | 8h | 0.01463 | −0.130% | $3.7M | $8.2M | 50x | as long as short |
| Gate COTI_USDTshort | +0.0100% | 4h | 0.01462 | −0.212% | $433K | $915K | 25x | |
| KuCoin COTIUSDTM | +0.0100% | 4h | 0.01461 | −0.280% | $1.9M | $1.8M | 50x | as long as short |
| Bitget COTIUSDT | +0.0100% | 4h | 0.01465 | −0.007% | $3.2M | $2.7M | 50x | as long as short |
| BingX COTI-USDT | +0.0100% | 4h | 0.01462 | −0.212% | — | $1.6M | — | as long as short |
| Variational Omni COTI | +0.0100% | 8h | 0.01475 | +0.697% | $26K | $30K | — | as long as short |
BloFin COTI-USDT
Gate COTI_USDT
Aster COTIUSDT
Binance COTIUSDT
MEXC COTI_USDT
Bybit COTIUSDT
KuCoin COTIUSDTM
Bitget COTIUSDT
BingX COTI-USDT
Variational Omni COTI