Funding you earn now, next payment 04:00 UTC+0.1245%/8h= +136.3% APRnext payment +$6.22 per $10,000 · paid last 24h +0.084%
Price spread now: BingX against Aster−0.205%7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$264as in the Funding arb table
Net, price: spread back to 7d avg − costs−$319as in the Price arb table
costs, in and out, $10k−$2942.937% of the position
Funding, last 7 days+0.300%+$30 on $10k
+Price spread, last 4 days (all we have)+0.040%+$4 · spread now −0.205%, 7d avg +0.046%
=Together, before fees+0.340%+ Points / potential airdropAster: Stage 5 · farm board+$34 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.251% cheaper against Aster than usual: you would sell low and buy high (spread −0.205% now, against its 7-day average of +0.046%). If the spread goes back, that is −$25 on $10k: about 16 hours of funding at the current rate (+$37 a day). At the pace of the last 7 days (+0.300% in total) that is about 5.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.300% in total (about 15.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.22 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 | 0.01464 | −0.1145 | get 0.0572% / 4h | 2h 22m | $12K | $301K | 5x |
| Short | BingX COTI-USDT | 0.01461 | 0.0100 | get 0.0050% / 4h | 2h 22m | — | $1.6M | — |
Aster COTIUSDT
BingX COTI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $261.44
- Price spread: −0.205% → +0.046%
- −$25.12
- Slippage, 4 orders
- −$275.71
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$57.39
- Costs to cover
- 2.937%
- Break-even
- 8.5 days
Slippage from Aster: live order book, 44 min ago; BingX: 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 Aster live order book, 44 min ago | 8.20 bp | 138.1 bp −$138 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 5.45 bp | 23.8 bp −$24 | 58.3 bp −$583 | 312.4 bp −$31.2K | 449.9 bp −$224.9K |
COTI on 9 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 | −0.1145% | 4h | 0.01464 | long leg | $12K | $301K | 5x | |
| Binance COTIUSDT | −0.1036% | 4h | 0.01461 | −0.178% | $7.6M | $39.2M | 50x | as long as short |
| MEXC COTI_USDT | −0.1020% | 4h | 0.01461 | −0.150% | $12.3M | $2.1M | 50x | as long as short |
| Gate COTI_USDT | −0.0154% | 4h | 0.01464 | +0.027% | $430K | $995K | 25x | as long as short |
| KuCoin COTIUSDTM | +0.0072% | 4h | 0.01463 | −0.041% | $1.8M | $2.1M | 50x | as long as short |
| Bybit COTIUSDT | +0.0100% | 8h | 0.01462 | −0.103% | $3.8M | $8.7M | 50x | as long as short |
| Bitget COTIUSDT | +0.0100% | 4h | 0.01464 | +0.027% | $3.2M | $2.9M | 50x | as long as short |
| BingX COTI-USDTshort | +0.0100% | 4h | 0.01461 | −0.205% | — | $1.6M | — | |
| Variational Omni COTI | +0.0100% | 8h | 0.01468 | +0.277% | $30K | $37K | — | as long as short |
Binance COTIUSDT
MEXC COTI_USDT
Gate COTI_USDT
KuCoin COTIUSDTM
Bybit COTIUSDT
Bitget COTIUSDT
Variational Omni COTI