Funding you earn now, next payment 04:00 UTC+0.0924%/8h= +101.2% APRnext payment +$4.62 per $10,000 · paid last 24h +0.038%
Price spread now: Gate against MEXC+0.062%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1291.287% of the position
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 7 days−0.019%−$2 · spread now +0.062%, 7d avg +0.065%
=The price spread sits at its 7-day average of +0.065%, so right now this pair is about funding alone: +$28 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.032% in total (about 1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.62 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 | 0.01454 | −0.2134 | get 0.1067% / 4h | 52m 37s | $11.9M | $2.2M | 50x |
| Short | Gate COTI_USDT | 0.01455 | −0.1210 | pay 0.0605% / 4h | 52m 37s | $432K | $1.1M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $194.04
- Price spread: +0.062% → +0.065%
- −$0.32
- Slippage, 4 orders
- −$109.75
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $64.97
- Costs to cover
- 1.287%
- Break-even
- 4.7 days
Slippage from MEXC: live order book, 5 min ago; Gate: live order book, 4 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 | 3.11 bp | 11.1 bp −$11 | 29.6 bp −$296 | 46.7 bp −$4,670 | 138.4 bp −$69.2K |
| Sell Gate live order book, 4 min ago | 6.89 bp | 49.9 bp −$50 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance COTIUSDT | −0.2196% | 4h | 0.01451 | −0.198% | $7.8M | $42.3M | 50x | as long as short |
| Aster COTIUSDT | −0.2195% | 4h | 0.01454 | +0.018% | $11K | $320K | 5x | as long as short |
| MEXC COTI_USDTlong | −0.2134% | 4h | 0.01454 | long leg | $11.9M | $2.2M | 50x | |
| KuCoin COTIUSDTM | −0.1496% | 4h | 0.01453 | −0.076% | $1.8M | $2.2M | 50x | as long as short |
| BloFin COTI-USDT | −0.1495% | 4h | 0.01454 | +0.007% | $439K | $629K | 50x | as long as short |
| Gate COTI_USDTshort | −0.1210% | 4h | 0.01455 | +0.062% | $432K | $1.1M | 25x | |
| Bybit COTIUSDT | −0.0680% | 8h | 0.01452 | −0.144% | $3.7M | $9.3M | 50x | as long as short |
| Bitget COTIUSDT | −0.0144% | 4h | 0.01451 | −0.213% | $3.2M | $3.2M | 50x | as long as short |
| BingX COTI-USDT | −0.0048% | 4h | 0.01450 | −0.309% | — | $1.6M | — | as long as short |
| Variational Omni COTI | +0.0057% | 8h | 0.01453 | −0.106% | $29K | $38K | — | as long as short |
MEXC COTI_USDT
Gate COTI_USDT
Binance COTIUSDT
Aster COTIUSDT
KuCoin COTIUSDTM
BloFin COTI-USDT
Bybit COTIUSDT
Bitget COTIUSDT
BingX COTI-USDT
Variational Omni COTI