Funding you earn now, next payment 00:00 UTC+0.0205%/8h= +22.4% APRnext payment +$1.02 per $10,000 · paid last 24h +0.031%
Price spread now: Binance against Aster−0.160%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$258as in the Funding arb table
Net, price: spread back to 7d avg − costs−$286as in the Price arb table
costs, in and out, $10k−$2692.690% of the position
Funding, last 7 days+0.107%+$11 on $10k
+Price spread, last 4 days (all we have)+0.109%+$11 · spread now −0.160%, 7d avg +0.005%
=Together, before fees+0.216%+ Points / potential airdropAster: Stage 5 · farm board+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.165% cheaper against Aster than usual: you would sell low and buy high (spread −0.160% now, against its 7-day average of +0.005%). If the spread goes back, that is −$17 on $10k: about 2.7 days of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.107% in total) that is about 11 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.107% in total (about 5.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.02 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 | Aster COTIUSDT | 0.01537 | −0.0105 | get 0.0052% / 4h | 2h 24m | $8K | $277K | 5x |
| Short | Binance COTIUSDT | 0.01534 | 0.0100 | get 0.0050% / 4h | 2h 24m | $7.3M | $31.0M | 50x |
Aster COTIUSDT
Binance COTIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Aster. 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
- $42.96
- Price spread: −0.160% → +0.005%
- −$16.54
- Slippage, 4 orders
- −$251.04
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$242.62
- Costs to cover
- 2.690%
- Break-even
- 46.5 days
Slippage from Aster: live order book, 61 min ago; Binance: live order book, 2 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 Aster live order book, 61 min ago | 6.77 bp | 131.7 bp −$132 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 0.65 bp | 20.3 bp −$20 | 81.5 bp −$815 | 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 COTIUSDTlong | −0.0105% | 4h | 0.01537 | long leg | $8K | $277K | 5x | |
| Binance COTIUSDTshort | +0.0100% | 4h | 0.01534 | −0.160% | $7.3M | $31.0M | 50x | |
| Bybit COTIUSDT | +0.0100% | 8h | 0.01534 | −0.142% | $3.8M | $6.4M | 50x | as long as short |
| Gate COTI_USDT | +0.0100% | 4h | 0.01537 | +0.020% | $452K | $796K | 25x | as long as short |
| MEXC COTI_USDT | +0.0100% | 4h | 0.01535 | −0.097% | $13.2M | $1.6M | 50x | as long as short |
| KuCoin COTIUSDTM | +0.0100% | 4h | 0.01535 | −0.110% | $2.0M | $1.4M | 50x | as long as short |
| Bitget COTIUSDT | +0.0100% | 4h | 0.01536 | −0.045% | $3.3M | $2.3M | 50x | as long as short |
| Variational Omni COTI | +0.0100% | 8h | 0.01546 | +0.622% | $25K | $27K | — | as long as short |
| BingX COTI-USDT | +0.0200% | 4h | 0.01537 | +0.033% | — | $1.6M | — | as long as short |
| BloFin COTI-USDT | +0.0340% | 4h | 0.01532 | −0.279% | $401K | $426K | 50x | as long as short |
Bybit COTIUSDT
Gate COTI_USDT
MEXC COTI_USDT
KuCoin COTIUSDTM
Bitget COTIUSDT
Variational Omni COTI
BingX COTI-USDT
BloFin COTI-USDT