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

COTI

all COTI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.030%
Price spread now: Bybit against KuCoin−0.068%7-day average +0.112% · you buy dearer than you sell
Net, funding: paid 7d − costs−$233as in the Funding arb table
Net, price: spread back to 7d avg − costs−$288as in the Price arb table
costs, in and out, $10k−$2702.703% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.375%+$37 on $10k
Price spread, last 7 days+0.052%+$5 · spread now −0.068%, 7d avg +0.112%
Together, before fees+0.427%+$43 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.180% cheaper against KuCoin than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.112%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin COTIUSDTM0.014760.0100pay 0.0050% / 4h3h 13m$1.9M$1.8M50x
ShortBybit COTIUSDT0.014750.0100get 0.0100% / 8h7h 13m$3.7M$8.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. 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
$0
Price spread: −0.068% → +0.112%
−$17.96
Slippage, 4 orders
−$247.28
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$288.24
Costs to cover
2.703%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; Bybit: live order book, 4 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 KuCoin live order book, 2 min ago10.22 bp54.9 bp −$55389.1 bp −$3,891doesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago4.44 bp95.0 bp −$95211.5 bp −$2,115doesn'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
Aster COTIUSDT−0.0588%4h0.01475−0.065%$8K$299K5xas long as short
Binance COTIUSDT−0.0466%4h0.01473−0.182%$7.6M$37.2M50xas long as short
MEXC COTI_USDT−0.0460%4h0.01475−0.068%$12.5M$2.0M50xas long as short
BloFin COTI-USDT−0.0222%4h0.01468−0.522%$420K$517K50xas long as short
Bybit COTIUSDTshort+0.0100%8h0.01475−0.068%$3.7M$8.2M50x
Gate COTI_USDT+0.0100%4h0.014760.000%$435K$924K25xas long as short
KuCoin COTIUSDTMlong+0.0100%4h0.01476long leg$1.9M$1.8M50x
Bitget COTIUSDT+0.0100%4h0.01477+0.068%$3.2M$2.7M50xas long as short
BingX COTI-USDT+0.0100%4h0.01474−0.142%$1.6Mas long as short
Variational Omni COTI+0.0100%8h0.01464−0.811%$30K$37Kas long as short