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

COTI

all COTI markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 08:00 UTC+0.4727%/8h= +517.6% APRpaid last 24h +0.233%
Price spread now: Bybit against MEXC−0.147%7-day average +0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$202as in the Price arb table
costs, in and out, $10k−$1771.774% of the position
Long on MEXCShort on Bybit
What this pair did over the last
the charts below follow
Funding, last 7 days+0.540%+$54 on $10k
Price spread, last 7 days+0.184%+$18 · spread now −0.147%, 7d avg +0.095%
Together, before fees+0.724%+$72 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.241% cheaper against MEXC than usual: you would sell low and buy high (spread −0.147% now, against its 7-day average of +0.095%). If the spread goes back, that is −$24 on $10k: about 4 hours of funding at the current rate (+$142 a day). At the pace of the last 7 days (+0.540% in total) that is about 3.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.540% in total (about 28.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC COTI_USDT0.01501−0.8240get 0.4120% / 4h58m 53s$11.9M$2.4M50x
ShortBybit COTIUSDT0.01499−0.3513pay 0.3513% / 8h58m 53s$3.9M$10.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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

Funding earned
$992.7
Price spread: −0.147% → +0.095%
−$24.11
Slippage, 4 orders
−$162.42
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$791.17
Costs to cover
1.774%
Break-even
1.4 days
Slippage from MEXC: live order book, 4 min ago; Bybit: live order book, 4 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 MEXC live order book, 4 min ago1.66 bp8.7 bp −$933.8 bp −$33874.5 bp −$7,449195.7 bp −$97.9K
Sell Bybit live order book, 4 min ago1.66 bp91.4 bp −$91262.2 bp −$2,622doesn't fitdoesn't fit

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
KuCoin COTIUSDTM−0.8328%4h0.01503+0.107%$1.9M$2.5M50xas long as short
Binance COTIUSDT−0.8241%4h0.01501−0.013%$8.6M$49.2M50xas long as short
MEXC COTI_USDTlong−0.8240%4h0.01501long leg$11.9M$2.4M50x
Aster COTIUSDT−0.7955%4h0.01503+0.093%$15K$420K5xas long as short
Bitget COTIUSDT−0.7476%4h0.01500−0.093%$3.5M$3.9M50xas long as short
Gate COTI_USDT−0.6178%4h0.01503+0.107%$522K$1.3M25xas long as short
BloFin COTI-USDT−0.5768%4h0.01502+0.040%$470K$665K50xas long as short
Bybit COTIUSDTshort−0.3513%8h0.01499−0.147%$3.9M$10.2M50x
Variational Omni COTI−0.3106%8h0.01499−0.161%$32K$41K—as long as short
BingX COTI-USDT−0.2406%4h0.01501−0.047%—$1.7M—as long as short