Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.005%
Price spread now: BingX against Bybit+0.073%7-day average −0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$165as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1521.524% of the position
Funding, last 7 days−0.130%−$13 on $10k
+Price spread, last 7 days−0.125%−$12 · spread now +0.073%, 7d avg −0.050%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.123% dearer against Bybit than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.050%. Mind the row above: over the last 7 days funding on this pair cost −0.130%, 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 | Bybit COTIUSDT | 0.01507 | 0.0100 | pay 0.0100% / 8h | 1h 40m | $3.7M | $6.8M | 50x |
| Short | BingX COTI-USDT | 0.01508 | 0.0200 | get 0.0100% / 4h | 1h 40m | — | $1.6M | — |
Bybit COTIUSDT
BingX COTI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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
- $21
- Price spread: +0.073% → −0.050%
- $12.32
- Slippage, 4 orders
- −$131.42
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$119.1
- Costs to cover
- 1.524%
- Break-even
- 46.7 days
Slippage from Bybit: live order book, 3 min ago; BingX: live order book, 7 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 Bybit live order book, 3 min ago | 1.66 bp | 22.9 bp −$23 | 198.7 bp −$1,987 | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 6.30 bp | 21.5 bp −$22 | 66.8 bp −$668 | 254.5 bp −$25.4K | 313.6 bp −$156.8K |
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 | 0.01508 | +0.096% | $9K | $281K | 5x | as long as short |
| Binance COTIUSDT | +0.0086% | 4h | 0.01506 | −0.060% | $7.2M | $32.4M | 50x | as long as short |
| MEXC COTI_USDT | +0.0094% | 4h | 0.01506 | −0.040% | $12.9M | $1.6M | 50x | as long as short |
| Bybit COTIUSDTlong | +0.0100% | 8h | 0.01507 | long leg | $3.7M | $6.8M | 50x | |
| Gate COTI_USDT | +0.0100% | 4h | 0.01507 | +0.033% | $436K | $824K | 25x | as long as short |
| KuCoin COTIUSDTM | +0.0100% | 4h | 0.01506 | −0.033% | $1.9M | $1.5M | 50x | as long as short |
| Bitget COTIUSDT | +0.0100% | 4h | 0.01508 | +0.100% | $3.3M | $2.3M | 50x | as long as short |
| Variational Omni COTI | +0.0100% | 8h | 0.01506 | −0.045% | $25K | $28K | — | as long as short |
| BingX COTI-USDTshort | +0.0200% | 4h | 0.01508 | +0.073% | — | $1.6M | — | |
| BloFin COTI-USDT | +0.0335% | 4h | 0.01503 | −0.259% | $397K | $426K | 50x | as long as short |
Aster COTIUSDT
Binance COTIUSDT
MEXC COTI_USDT
Gate COTI_USDT
KuCoin COTIUSDTM
Bitget COTIUSDT
Variational Omni COTI
BloFin COTI-USDT