Funding you earn now, next payment 00:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.52 per $10,000 · paid last 24h −0.029%
Price spread now: Binance against Gate+0.153%7-day average −0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1291.285% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 7 days−0.239%−$24 · spread now +0.153%, 7d avg −0.054%
=The price spread pays, funding is against you. Binance is 0.207% dearer against Gate than usual: you sell high and buy low (spread +0.153% now, against its 7-day average of −0.054%): +$21 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate COTI_USDT | 0.01503 | 0.0100 | pay 0.0050% / 4h | 1h 01m | $434K | $872K | 25x |
| Short | Binance COTIUSDT | 0.01505 | −0.0004 | pay 0.0002% / 4h | 1h 01m | $7.3M | $34.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- −$21.8
- Price spread: +0.153% → −0.054%
- $20.73
- Slippage, 4 orders
- −$103.52
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$129.59
- Costs to cover
- 1.285%
- Break-even
- never at this rate
Slippage from Gate: live order book, 15 min ago; Binance: live order book, 10 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 Gate live order book, 15 min ago | 6.57 bp | 48.8 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 1.33 bp | 19.0 bp −$19 | 75.0 bp −$750 | 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 | −0.0202% | 4h | 0.01504 | +0.049% | $12K | $290K | 5x | as long as short |
| Binance COTIUSDTshort | −0.0004% | 4h | 0.01505 | +0.153% | $7.3M | $34.0M | 50x | |
| MEXC COTI_USDT | −0.0002% | 4h | 0.01503 | +0.027% | $12.8M | $1.8M | 50x | as long as short |
| BloFin COTI-USDT | +0.0006% | 4h | 0.01496 | −0.492% | $405K | $452K | 50x | as long as short |
| Bybit COTIUSDT | +0.0100% | 8h | 0.01506 | +0.173% | $3.7M | $7.3M | 50x | as long as short |
| Gate COTI_USDTlong | +0.0100% | 4h | 0.01503 | long leg | $434K | $872K | 25x | |
| KuCoin COTIUSDTM | +0.0100% | 4h | 0.01504 | +0.067% | $1.9M | $1.5M | 50x | as long as short |
| Bitget COTIUSDT | +0.0100% | 4h | 0.01506 | +0.200% | $3.3M | $2.5M | 50x | as long as short |
| Variational Omni COTI | +0.0100% | 8h | 0.01500 | −0.173% | $26K | $30K | — | as long as short |
| BingX COTI-USDT | +0.0200% | 4h | 0.01503 | +0.033% | — | $1.6M | — | as long as short |
Gate COTI_USDT
Binance COTIUSDT
Aster COTIUSDT
MEXC COTI_USDT
BloFin COTI-USDT
Bybit COTIUSDT
KuCoin COTIUSDTM
Bitget COTIUSDT
Variational Omni COTI
BingX COTI-USDT