Funding you earn now, next payment 04:00 UTC−0.0238%/8h= −26.1% APRnext payment −$1.19 per $10,000 · paid last 24h +0.030%
Price spread now: Gate against KuCoin+0.068%7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$192as in the Funding arb table
Net, price: spread back to 7d avg − costs−$199as in the Price arb table
costs, in and out, $10k−$1981.978% of the position
Funding, last 7 days+0.056%+$6 on $10k
+Price spread, last 7 days−0.059%−$6 · spread now +0.068%, 7d avg +0.082%
=The price spread sits at its 7-day average of +0.082%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.056%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.056% in total (about 2.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.19 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 | KuCoin COTIUSDTM | 0.01467 | 0.0072 | pay 0.0036% / 4h | 2h 28m | $1.8M | $2.1M | 50x |
| Short | Gate COTI_USDT | 0.01468 | −0.0166 | pay 0.0083% / 4h | 2h 28m | $429K | $989K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against KuCoin. 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
- −$49.98
- Price spread: +0.068% → +0.082%
- −$1.4
- Slippage, 4 orders
- −$170.8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$249.17
- Costs to cover
- 1.978%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; Gate: live order book, 38 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 KuCoin live order book, 3 min ago | 6.82 bp | 41.7 bp −$42 | 540.8 bp −$5,408 | doesn't fit | doesn't fit |
| Sell Gate live order book, 38 min ago | 6.81 bp | 62.4 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
COTI on 9 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 | −0.1088% | 4h | 0.01469 | +0.115% | $12K | $302K | 5x | as long as short |
| Binance COTIUSDT | −0.0974% | 4h | 0.01465 | −0.147% | $7.7M | $39.0M | 50x | as long as short |
| MEXC COTI_USDT | −0.0964% | 4h | 0.01466 | −0.089% | $12.3M | $2.1M | 50x | as long as short |
| Gate COTI_USDTshort | −0.0166% | 4h | 0.01468 | +0.068% | $429K | $989K | 25x | |
| KuCoin COTIUSDTMlong | +0.0072% | 4h | 0.01467 | long leg | $1.8M | $2.1M | 50x | |
| Bybit COTIUSDT | +0.0100% | 8h | 0.01467 | +0.007% | $3.8M | $8.7M | 50x | as long as short |
| Bitget COTIUSDT | +0.0100% | 4h | 0.01468 | +0.068% | $3.3M | $2.9M | 50x | as long as short |
| BingX COTI-USDT | +0.0100% | 4h | 0.01465 | −0.164% | — | $1.6M | — | as long as short |
| Variational Omni COTI | +0.0100% | 8h | 0.01467 | −0.022% | $30K | $37K | — | as long as short |
KuCoin COTIUSDTM
Gate COTI_USDT
Aster COTIUSDT
Binance COTIUSDT
MEXC COTI_USDT
Bybit COTIUSDT
Bitget COTIUSDT
BingX COTI-USDT
Variational Omni COTI