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

COTI

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0412%/8h= −45.1% APRnext payment $2.06 per $10,000 · paid last 24h −0.048%
Price spread now: MEXC against KuCoin−0.179%7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1141.138% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.010%+$1 on $10k
Price spread, last 7 days+0.212%+$21 · spread now −0.179%, 7d avg +0.020%
Together, before fees+0.222%+$22 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and MEXC is 0.199% cheaper against KuCoin than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.020%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.010% in total (about 0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.06 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin COTIUSDTM0.01455−0.3672get 0.1836% / 4h3h 50m$1.8M$2.3M50x
ShortMEXC COTI_USDT0.01452−0.4084pay 0.2042% / 4h3h 50m$11.8M$2.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$86.52
Price spread: −0.179% → +0.020%
−$19.87
Slippage, 4 orders
−$97.84
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$220.23
Costs to cover
1.138%
Break-even
never at this rate
Slippage from KuCoin: live order book, 1 min ago; MEXC: live order book, 2 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, 1 min ago6.88 bp44.8 bp −$45597.1 bp −$5,971doesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago1.03 bp8.1 bp −$822.6 bp −$22657.4 bp −$5,740202.1 bp −$101.1K

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
Gate COTI_USDT−0.6682%4h0.014550.000%$430K$1.1M25xas long as short
Binance COTIUSDT−0.4122%4h0.01452−0.204%$7.9M$43.7M50xas long as short
MEXC COTI_USDTshort−0.4084%4h0.01452−0.179%$11.8M$2.2M50x
Aster COTIUSDT−0.3976%4h0.01451−0.261%$9K$343K5xas long as short
KuCoin COTIUSDTMlong−0.3672%4h0.01455long leg$1.8M$2.3M50x
BloFin COTI-USDT−0.2859%4h0.01451−0.247%$439K$640K50xas long as short
Bitget COTIUSDT−0.2256%4h0.01453−0.137%$3.3M$3.3M50xas long as short
Bybit COTIUSDT−0.1785%8h0.01452−0.192%$3.7M$9.5M50xas long as short
BingX COTI-USDT−0.1206%4h0.01452−0.241%$1.6Mas long as short
Variational Omni COTI−0.0794%8h0.01451−0.261%$29K$39Kas long as short