Funding you earn now, next payment 08:00 UTC+0.0812%/8h= +88.9% APRnext payment +$4.06 per $10,000 · paid last 24h +0.156%
Price spread now: Bitget against Aster−0.259%7-day average +0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$221as in the Funding arb table
Net, price: spread back to 7d avg − costs−$279as in the Price arb table
costs, in and out, $10k−$2442.440% of the position
Funding, last 7 days+0.234%+$23 on $10k
+Price spread, last 4 days (all we have)+0.088%+$9 · spread now −0.259%, 7d avg +0.093%
=Together, before fees+0.322%+ Points / potential airdropAster: Stage 5 · farm board+$32 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.352% cheaper against Aster than usual: you would sell low and buy high (spread −0.259% now, against its 7-day average of +0.093%). If the spread goes back, that is −$35 on $10k: about 35 hours of funding at the current rate (+$24 a day). At the pace of the last 7 days (+0.234% 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 0.234% in total (about 12.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.06 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 | 0.01503 | −0.7126 | get 0.3563% / 4h | 0m 20s | $14K | $443K | 5x |
| Short | Bitget COTIUSDT | 0.01499 | −0.6314 | pay 0.3157% / 4h | 0m 20s | $3.5M | $4.1M | 50x |
Aster COTIUSDT
Bitget COTIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $170.57
- Price spread: −0.259% → +0.093%
- −$35.24
- Slippage, 4 orders
- −$224.04
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$108.71
- Costs to cover
- 2.440%
- Break-even
- 11.5 days
Slippage from Aster: live order book, 37 min ago; Bitget: live order book, 3 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, 37 min ago | 8.36 bp | 49.9 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 3.34 bp | 25.2 bp −$25 | 123.7 bp −$1,237 | 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC COTI_USDT | −0.7328% | 4h | 0.01500 | −0.193% | $12.0M | $2.5M | 50x | as long as short |
| Binance COTIUSDT | −0.7292% | 4h | 0.01500 | −0.166% | $8.6M | $50.7M | 50x | as long as short |
| BingX COTI-USDT | −0.7162% | 4h | 0.01501 | −0.153% | — | $1.7M | — | as long as short |
| Aster COTIUSDTlong | −0.7126% | 4h | 0.01503 | long leg | $14K | $443K | 5x | |
| KuCoin COTIUSDTM | −0.6602% | 4h | 0.01504 | +0.073% | $2.0M | $2.6M | 50x | as long as short |
| Bitget COTIUSDTshort | −0.6314% | 4h | 0.01499 | −0.259% | $3.5M | $4.1M | 50x | |
| Gate COTI_USDT | −0.5324% | 4h | 0.01501 | −0.126% | $506K | $1.4M | 25x | as long as short |
| BloFin COTI-USDT | −0.5130% | 4h | 0.01501 | −0.140% | $479K | $682K | 50x | as long as short |
| Bybit COTIUSDT | −0.3772% | 8h | 0.01500 | −0.206% | $3.9M | $10.4M | 50x | as long as short |
| Variational Omni COTI | −0.3738% | 8h | 0.01501 | −0.097% | $32K | $41K | — | as long as short |
MEXC COTI_USDT
Binance COTIUSDT
BingX COTI-USDT
KuCoin COTIUSDTM
Gate COTI_USDT
BloFin COTI-USDT
Bybit COTIUSDT
Variational Omni COTI