COTI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0236%/8h= −25.9% APRnext payment −$1.18 per $10,000 · paid last 24h −0.031%

Price spread now: Aster against MEXC+0.175%7-day average +0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$258as in the Funding arb table

Net, price: spread back to 7d avg − costs−$236as in the Price arb table

costs, in and out, $10k−$2532.534% of the position

Long on MEXC Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.050%−$5 on $10k

Price spread, last 4 days (all we have)+0.091%+$9 · spread now +0.175%, 7d avg +0.005%

Together, before fees+0.041%+ Points / potential airdropAster: Stage 5 · farm board+$4 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Aster is 0.170% dearer against MEXC than usual: you sell high and buy low (spread +0.175% now, against its 7-day average of +0.005%): +$17 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.4 days. At the pace of the last 7 days (−0.050% in total) that is about 24 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.050% in total (about -2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.18 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	MEXC COTI_USDT	0.01506	0.0094	pay 0.0047% / 4h	1h 40m	$12.9M	$1.6M	50x
Short	Aster COTIUSDT	0.01509	−0.0142	pay 0.0071% / 4h	1h 40m	$9K	$281K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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

Position, each leg$Hold fordaysFee MEXCbpFee AsterbpOrdersPrice spread, now +0.175%Rate

Funding earned: −$49.66
Price spread: +0.175% → +0.005%: $17.03
Slippage, 4 orders: −$241.44
Fee MEXC: 2 bp × 2 orders: −$4
Fee Aster: 4 bp × 2 orders: −$8
Net: −$286.07
Costs to cover: 2.534%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; Aster: live order book, 41 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 MEXC live order book, 3 min ago	0.66 bp	11.0 bp −$11	26.1 bp −$261	65.1 bp −$6,515	166.5 bp −$83.2K
Sell Aster live order book, 41 min ago	6.19 bp	152.3 bp −$152	doesn't fit	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 COTIUSDTshort	−0.0142%	4h	0.01509	+0.175%	$9K	$281K	5x
Binance COTIUSDT	+0.0086%	4h	0.01506	+0.005%	$7.2M	$32.4M	50x	as long as short
MEXC COTI_USDTlong	+0.0094%	4h	0.01506	long leg	$12.9M	$1.6M	50x
Bybit COTIUSDT	+0.0100%	8h	0.01507	+0.086%	$3.7M	$6.8M	50x	as long as short
Gate COTI_USDT	+0.0100%	4h	0.01508	+0.133%	$437K	$824K	25x	as long as short
KuCoin COTIUSDTM	+0.0100%	4h	0.01506	0.000%	$1.9M	$1.5M	50x	as long as short
Bitget COTIUSDT	+0.0100%	4h	0.01508	+0.133%	$3.3M	$2.3M	50x	as long as short
Variational Omni COTI	+0.0100%	8h	0.01506	−0.011%	$25K	$28K	—	as long as short
BingX COTI-USDT	+0.0200%	4h	0.01508	+0.146%	—	$1.6M	—	as long as short
BloFin COTI-USDT	+0.0335%	4h	0.01503	−0.226%	$397K	$426K	50x	as long as short