Funding you earn now, next payment 08:00 UTC−0.4469%/8h= −489.4% APRpaid last 24h −0.233%
Price spread now: MEXC against Bybit−0.172%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$247as in the Funding arb table
Net, price: spread back to 7d avg − costs−$200as in the Price arb table
costs, in and out, $10k−$1931.927% of the position
Funding, last 7 days−0.540%−$54 on $10k
+Price spread, last 7 days+0.135%+$13 · spread now −0.172%, 7d avg −0.095%
=Both sides work against this trade now: funding costs −$134 a day on $10k at the current rate, and MEXC is 0.078% cheaper against Bybit than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.095%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.540% in total (about -28.2% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit COTIUSDT | 0.01511 | −0.2843 | get 0.2843% / 8h | 1h 37m | $3.9M | $9.9M | 50x |
| Short | MEXC COTI_USDT | 0.01508 | −0.7312 | pay 0.3656% / 4h | 1h 37m | $12.1M | $2.3M | 50x |
Bybit COTIUSDT
MEXC COTI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$938.53
- Price spread: −0.172% → −0.095%
- −$7.75
- Slippage, 4 orders
- −$177.75
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$1,139.03
- Costs to cover
- 1.927%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 6 min ago; MEXC: live order book, 6 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, 6 min ago | 4.35 bp | 77.8 bp −$78 | 400.8 bp −$4,008 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 6 min ago | 3.35 bp | 12.4 bp −$12 | 33.8 bp −$338 | 52.8 bp −$5,278 | 169.2 bp −$84.6K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance COTIUSDT | −0.7349% | 4h | 0.01510 | −0.040% | $8.6M | $46.7M | 50x | as long as short |
| KuCoin COTIUSDTM | −0.7320% | 4h | 0.01512 | +0.093% | $1.9M | $2.4M | 50x | as long as short |
| MEXC COTI_USDTshort | −0.7312% | 4h | 0.01508 | −0.172% | $12.1M | $2.3M | 50x | |
| Bitget COTIUSDT | −0.7290% | 4h | 0.01515 | +0.291% | $3.5M | $3.6M | 50x | as long as short |
| Aster COTIUSDT | −0.7094% | 4h | 0.01512 | +0.069% | $10K | $375K | 5x | as long as short |
| Gate COTI_USDT | −0.6712% | 4h | 0.01513 | +0.159% | $454K | $1.2M | 25x | as long as short |
| BloFin COTI-USDT | −0.5098% | 4h | 0.01507 | −0.232% | $469K | $670K | 50x | as long as short |
| Bybit COTIUSDTlong | −0.2843% | 8h | 0.01511 | long leg | $3.9M | $9.9M | 50x | |
| Variational Omni COTI | −0.2309% | 8h | 0.01506 | −0.329% | $30K | $39K | — | as long as short |
| BingX COTI-USDT | −0.1974% | 4h | 0.01510 | −0.066% | — | $1.7M | — | as long as short |
Binance COTIUSDT
KuCoin COTIUSDTM
Bitget COTIUSDT
Aster COTIUSDT
Gate COTI_USDT
BloFin COTI-USDT
Variational Omni COTI
BingX COTI-USDT