Funding you earn now, next payment 00:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.08 per $10,000 · paid last 24h +0.028%
Price spread now: Bitget against MEXC+0.119%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$750.749% of the position
Funding, last 7 days+0.076%+$8 on $10k
+Price spread, last 7 days−0.245%−$25 · spread now +0.119%, 7d avg −0.005%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Bitget is 0.125% dearer against MEXC than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC COTI_USDT | 0.01507 | 0.0084 | pay 0.0042% / 4h | 1h 39m | $12.9M | $1.6M | 50x |
| Short | Bitget COTIUSDT | 0.01509 | 0.0100 | get 0.0050% / 4h | 1h 39m | $3.3M | $2.3M | 50x |
MEXC COTI_USDT
Bitget COTIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against MEXC. 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
- $3.36
- Price spread: +0.119% → −0.005%
- $12.48
- Slippage, 4 orders
- −$58.9
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$59.06
- Costs to cover
- 0.749%
- Break-even
- 130.0 days
Slippage from MEXC: live order book, 4 min ago; Bitget: live order book, 3 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, 4 min ago | 0.66 bp | 11.0 bp −$11 | 26.1 bp −$261 | 65.1 bp −$6,515 | 166.5 bp −$83.2K |
| Sell Bitget live order book, 3 min ago | 6.63 bp | 25.4 bp −$25 | 116.5 bp −$1,165 | 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 COTIUSDT | −0.0142% | 4h | 0.01508 | +0.049% | $9K | $281K | 5x | as long as short |
| MEXC COTI_USDTlong | +0.0084% | 4h | 0.01507 | long leg | $12.9M | $1.6M | 50x | |
| Binance COTIUSDT | +0.0086% | 4h | 0.01507 | +0.006% | $7.2M | $32.4M | 50x | as long as short |
| Bybit COTIUSDT | +0.0100% | 8h | 0.01508 | +0.046% | $3.7M | $6.8M | 50x | as long as short |
| Gate COTI_USDT | +0.0100% | 4h | 0.01508 | +0.053% | $437K | $824K | 25x | as long as short |
| KuCoin COTIUSDTM | +0.0100% | 4h | 0.01506 | −0.080% | $1.9M | $1.5M | 50x | as long as short |
| Bitget COTIUSDTshort | +0.0100% | 4h | 0.01509 | +0.119% | $3.3M | $2.3M | 50x | |
| Variational Omni COTI | +0.0100% | 8h | 0.01506 | −0.091% | $25K | $28K | — | as long as short |
| BingX COTI-USDT | +0.0200% | 4h | 0.01508 | +0.066% | — | $1.6M | — | as long as short |
| BloFin COTI-USDT | +0.0335% | 4h | 0.01503 | −0.305% | $397K | $426K | 50x | as long as short |
Aster COTIUSDT
Binance COTIUSDT
Bybit COTIUSDT
Gate COTI_USDT
KuCoin COTIUSDTM
Variational Omni COTI
BingX COTI-USDT
BloFin COTI-USDT