Funding you earn now, next payment 08:00 UTC−0.1765%/8h= −193.3% APRnext payment −$8.82 per $10,000 · paid last 24h −0.107%
Price spread now: MEXC against BloFin−0.191%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$580.582% of the position
Funding, last 7 days−0.344%−$34 on $10k
+Price spread, last 4 days (all we have)−0.514%−$51 · spread now −0.191%, 7d avg +0.005%
=Both sides work against this trade now: funding costs −$53 a day on $10k at the current rate, and MEXC is 0.195% cheaper against BloFin than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.005%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.344% in total (about -18.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$8.82 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin COTI-USDT | 0.01469 | −0.4209 | get 0.2105% / 4h | 2h 36m | $458K | $655K | 50x |
| Short | MEXC COTI_USDT | 0.01467 | −0.5974 | pay 0.2987% / 4h | 2h 36m | $11.8M | $2.3M | 50x |
BloFin COTI-USDT
MEXC COTI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$370.65
- Price spread: −0.191% → +0.005%
- −$19.54
- Slippage, 4 orders
- −$42.15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$448.35
- Costs to cover
- 0.582%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 55 min ago; MEXC: live order book, 1 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, 55 min ago | 3.41 bp | 18.0 bp −$18 | 52.2 bp −$522 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 1.02 bp | 9.7 bp −$10 | 28.1 bp −$281 | 67.3 bp −$6,734 | 199.0 bp −$99.5K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate COTI_USDT | −0.6736% | 4h | 0.01471 | +0.109% | $449K | $1.1M | 25x | as long as short |
| Binance COTIUSDT | −0.6013% | 4h | 0.01467 | −0.191% | $8.2M | $45.4M | 50x | as long as short |
| MEXC COTI_USDTshort | −0.5974% | 4h | 0.01467 | −0.191% | $11.8M | $2.3M | 50x | |
| Aster COTIUSDT | −0.5782% | 4h | 0.01467 | −0.150% | $10K | $360K | 5x | as long as short |
| KuCoin COTIUSDTM | −0.5492% | 4h | 0.01471 | +0.109% | $1.8M | $2.3M | 50x | as long as short |
| BloFin COTI-USDTlong | −0.4209% | 4h | 0.01469 | long leg | $458K | $655K | 50x | |
| Bitget COTIUSDT | −0.4178% | 4h | 0.01466 | −0.231% | $3.3M | $3.5M | 50x | as long as short |
| Bybit COTIUSDT | −0.2512% | 8h | 0.01469 | −0.007% | $3.7M | $9.7M | 50x | as long as short |
| BingX COTI-USDT | −0.1746% | 4h | 0.01467 | −0.143% | — | $1.6M | — | as long as short |
| Variational Omni COTI | −0.1682% | 8h | 0.01463 | −0.461% | $29K | $39K | — | as long as short |
Gate COTI_USDT
Binance COTIUSDT
Aster COTIUSDT
KuCoin COTIUSDTM
Bitget COTIUSDT
Bybit COTIUSDT
BingX COTI-USDT
Variational Omni COTI