Settings8H · net · $10k
Funding arb · Price arb /

COTI

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.3326%/8h= −364.2% APRpaid last 24h −0.259%
Price spread now: Aster against Bybit+0.026%7-day average −0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$364as in the Funding arb table
Net, price: spread back to 7d avg − costs−$295as in the Price arb table
costs, in and out, $10k−$3053.051% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.587%−$59 on $10k
Price spread, last 4 days (all we have)−0.221%−$22 · spread now +0.026%, 7d avg −0.080%
Together, before fees−0.807%+ Points / potential airdropAster: Stage 5 · farm board−$81 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.106% dearer against Bybit than usual: you sell high and buy low (spread +0.026% now, against its 7-day average of −0.080%): +$11 on $10k if it goes back. Holding the pair costs −$100 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−0.587% in total) that is about 30 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.587% in total (about -30.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit COTIUSDT0.01461−0.2541get 0.2541% / 8h2h 32m$3.7M$9.7M50x
ShortAster COTIUSDT0.01462−0.5867pay 0.2933% / 4h2h 32m$10K$360K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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

Funding earned
−$698.41
Price spread: +0.026% → −0.080%
$10.61
Slippage, 4 orders
−$286.11
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
−$992.91
Costs to cover
3.051%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; Aster: live order book, 15 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago0.34 bp58.7 bp −$59471.6 bp −$4,716doesn't fitdoesn't fit
Sell Aster live order book, 15 min ago8.18 bp56.3 bp −$56doesn't fitdoesn't fitdoesn't fit

COTI on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate COTI_USDT−0.6910%4h0.01466+0.315%$448K$1.1M25xas long as short
Binance COTIUSDT−0.6131%4h0.01461−0.036%$8.1M$45.5M50xas long as short
MEXC COTI_USDT−0.6096%4h0.01461−0.034%$11.8M$2.3M50xas long as short
Aster COTIUSDTshort−0.5867%4h0.01462+0.026%$10K$360K5x
KuCoin COTIUSDTM−0.5600%4h0.01464+0.178%$1.8M$2.3M50xas long as short
Bitget COTIUSDT−0.4306%4h0.01461−0.027%$3.3M$3.5M50xas long as short
BloFin COTI-USDT−0.4268%4h0.01459−0.198%$450K$651K50xas long as short
Bybit COTIUSDTlong−0.2541%8h0.01461long leg$3.7M$9.7M50x
BingX COTI-USDT−0.1746%4h0.01463+0.130%$1.6Mas long as short
Variational Omni COTI−0.1735%8h0.01470+0.600%$30K$39Kas long as short