Funding you earn now, next payment 08:00 UTC+0.2071%/8h= +226.7% APRnext payment +$10.35 per $10,000 · paid last 24h +0.107%
Price spread now: BloFin against MEXC−0.362%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$690.693% of the position
Funding, last 7 days+0.344%+$34 on $10k
+Price spread, last 4 days (all we have)+1.067%+$107 · spread now −0.362%, 7d avg −0.005%
=Funding pays, the price is against you. BloFin is 0.358% cheaper against MEXC than usual: you would sell low and buy high (spread −0.362% now, against its 7-day average of −0.005%). If the spread goes back, that is −$36 on $10k: about 14 hours of funding at the current rate (+$62 a day). At the pace of the last 7 days (+0.344% in total) that is about 7.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.344% in total (about 18.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$10.35 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 | 0.01490 | −0.6904 | get 0.3452% / 4h | 1h 58m | $12.0M | $2.3M | 50x |
| Short | BloFin COTI-USDT | 0.01485 | −0.4833 | pay 0.2417% / 4h | 1h 58m | $466K | $657K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $434.83
- Price spread: −0.362% → −0.005%
- −$35.75
- Slippage, 4 orders
- −$53.32
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $329.76
- Costs to cover
- 0.693%
- Break-even
- 1.7 days
Slippage from MEXC: live order book, 5 min ago; BloFin: live order book, 28 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, 5 min ago | 4.74 bp | 14.3 bp −$14 | 47.7 bp −$477 | 91.5 bp −$9,149 | 205.6 bp −$102.8K |
| Sell BloFin live order book, 28 min ago | 2.72 bp | 17.4 bp −$17 | 53.3 bp −$533 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate COTI_USDT | −0.7416% | 4h | 0.01493 | +0.201% | $443K | $1.2M | 25x | as long as short |
| Binance COTIUSDT | −0.6936% | 4h | 0.01491 | +0.054% | $8.4M | $46.2M | 50x | as long as short |
| MEXC COTI_USDTlong | −0.6904% | 4h | 0.01490 | long leg | $12.0M | $2.3M | 50x | |
| Aster COTIUSDT | −0.6705% | 4h | 0.01490 | −0.022% | $12K | $369K | 5x | as long as short |
| KuCoin COTIUSDTM | −0.6336% | 4h | 0.01494 | +0.268% | $1.9M | $2.4M | 50x | as long as short |
| Bitget COTIUSDT | −0.5362% | 4h | 0.01491 | +0.067% | $3.4M | $3.4M | 50x | as long as short |
| BloFin COTI-USDTshort | −0.4833% | 4h | 0.01485 | −0.362% | $466K | $657K | 50x | |
| Bybit COTIUSDT | −0.2735% | 8h | 0.01490 | +0.027% | $3.9M | $9.8M | 50x | as long as short |
| Variational Omni COTI | −0.2113% | 8h | 0.01480 | −0.666% | $30K | $39K | — | as long as short |
| BingX COTI-USDT | −0.1900% | 4h | 0.01491 | +0.060% | — | $1.6M | — | as long as short |
MEXC COTI_USDT
BloFin COTI-USDT
Gate COTI_USDT
Binance COTIUSDT
Aster COTIUSDT
KuCoin COTIUSDTM
Bitget COTIUSDT
Bybit COTIUSDT
Variational Omni COTI
BingX COTI-USDT