Funding you earn now, next payment 04:00 UTC+0.1396%/8h= +152.9% APRnext payment +$6.98 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Gate−0.069%7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1581.584% of the position
Funding, last 7 days+0.069%+$7 on $10k
+Price spread, last 7 days−0.175%−$18 · spread now −0.069%, 7d avg −0.066%
=The price spread sits at its 7-day average of −0.066%, so right now this pair is about funding alone: +$42 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.069% in total (about 3.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.98 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 | Gate COTI_USDT | 0.01451 | −0.2250 | get 0.1125% / 4h | 32m 23s | $429K | $1.1M | 25x |
| Short | Bitget COTIUSDT | 0.01450 | −0.0854 | pay 0.0427% / 4h | 32m 23s | $3.2M | $3.2M | 50x |
Gate COTI_USDT
Bitget COTIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $293.16
- Price spread: −0.069% → −0.066%
- −$0.29
- Slippage, 4 orders
- −$131.4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $134.48
- Costs to cover
- 1.584%
- Break-even
- 3.8 days
Slippage from Gate: live order book, 5 min ago; Bitget: live order book, just now.
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, 5 min ago | 3.47 bp | 53.6 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, just now | 10.36 bp | 21.2 bp −$21 | 109.0 bp −$1,090 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance COTIUSDT | −0.2854% | 4h | 0.01449 | −0.124% | $7.8M | $42.8M | 50x | as long as short |
| MEXC COTI_USDT | −0.2812% | 4h | 0.01449 | −0.145% | $11.8M | $2.2M | 50x | as long as short |
| Aster COTIUSDT | −0.2802% | 4h | 0.01450 | −0.038% | $9K | $340K | 5x | as long as short |
| KuCoin COTIUSDTM | −0.2368% | 4h | 0.01450 | −0.069% | $1.8M | $2.2M | 50x | as long as short |
| Gate COTI_USDTlong | −0.2250% | 4h | 0.01451 | long leg | $429K | $1.1M | 25x | |
| BloFin COTI-USDT | −0.1969% | 4h | 0.01454 | +0.200% | $441K | $632K | 50x | as long as short |
| Bybit COTIUSDT | −0.1104% | 8h | 0.01449 | −0.131% | $3.7M | $9.4M | 50x | as long as short |
| Bitget COTIUSDTshort | −0.0854% | 4h | 0.01450 | −0.069% | $3.2M | $3.2M | 50x | |
| BingX COTI-USDT | −0.0414% | 4h | 0.01450 | −0.076% | — | $1.6M | — | as long as short |
| Variational Omni COTI | −0.0207% | 8h | 0.01443 | −0.548% | $29K | $38K | — | as long as short |
Binance COTIUSDT
MEXC COTI_USDT
Aster COTIUSDT
KuCoin COTIUSDTM
BloFin COTI-USDT
Bybit COTIUSDT
BingX COTI-USDT
Variational Omni COTI