Funding you earn now, next payment 04:00 UTC+0.0171%/8h= +18.8% APRnext payment +$0.86 per $10,000 · paid last 24h −0.053%
Price spread now: KuCoin against BloFin−0.162%110s7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$212as 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−$1801.803% of the position
Funding, last 7 days−0.314%−$31 on $10k
+Price spread, last 3 days (all we have)−0.379%−$38 · spread now −0.162%, 7d avg −0.056%
=Funding pays, the price is against you. KuCoin is 0.106% cheaper against BloFin than usual: you would sell low and buy high (spread −0.162% now, against its 7-day average of −0.056%). If the spread goes back, that is −$11 on $10k: about 2.1 days of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.314%, so the current rate has only just turned in your favour. The two prices were read 110 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 | 0.01480 | −0.0071 | get 0.0036% / 4h | 3h 37m | $415K | $504K | 50x |
| Short | KuCoin COTIUSDTM | 0.01478 | 0.0100 | get 0.0050% / 4h | 3h 37m | $1.9M | $1.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $35.99
- Price spread: −0.162% → −0.056%
- −$10.62
- Slippage, 4 orders
- −$156.3
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$154.94
- Costs to cover
- 1.803%
- Break-even
- 37.1 days
Slippage from BloFin: live order book, 33 min ago; KuCoin: live order book, 9 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, 33 min ago | 8.70 bp | 30.3 bp −$30 | 71.4 bp −$714 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 10.07 bp | 53.0 bp −$53 | 262.9 bp −$2,629 | 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 | −0.0476% | 4h | 0.01478 | −0.149% | $9K | $297K | 5x | as long as short |
| Binance COTIUSDT | −0.0337% | 4h | 0.01476 | −0.278% | $7.5M | $36.5M | 50x | as long as short |
| MEXC COTI_USDT | −0.0320% | 4h | 0.01477 | −0.243% | $12.6M | $2.0M | 50x | as long as short |
| BloFin COTI-USDTlong | −0.0071% | 4h | 0.01480 | long leg | $415K | $504K | 50x | |
| Bybit COTIUSDT | +0.0100% | 8h | 0.01478 | −0.189% | $3.7M | $8.0M | 50x | as long as short |
| Gate COTI_USDT | +0.0100% | 4h | 0.01479 | −0.095% | $436K | $894K | 25x | as long as short |
| KuCoin COTIUSDTMshort | +0.0100% | 4h | 0.01478 | −0.162% | $1.9M | $1.7M | 50x | |
| Bitget COTIUSDT | +0.0100% | 4h | 0.01480 | −0.027% | $3.2M | $2.6M | 50x | as long as short |
| BingX COTI-USDT | +0.0100% | 4h | 0.01476 | −0.277% | — | $1.6M | — | as long as short |
| Variational Omni COTI | +0.0100% | 8h | 0.01485 | +0.315% | $26K | $30K | — | as long as short |
BloFin COTI-USDT
KuCoin COTIUSDTM
Aster COTIUSDT
Binance COTIUSDT
MEXC COTI_USDT
Bybit COTIUSDT
Gate COTI_USDT
Bitget COTIUSDT
BingX COTI-USDT
Variational Omni COTI