Funding you earn now, next payment 12:00 UTC+0.2328%/8h= +254.9% APRnext payment +$11.64 per $10,000 · paid last 24h +0.161%
Price spread now: Gate against Binance+0.102%7-day average +0.059% · 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−$135as in the Price arb table
costs, in and out, $10k−$1401.395% of the position
Funding, last 7 days+0.138%+$14 on $10k
+Price spread, last 7 days−0.173%−$17 · spread now +0.102%, 7d avg +0.059%
=Both sides work for this trade now. Funding pays +$70 a day on $10k at the current rate, and Gate is 0.042% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.059%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.138% in total (about 7.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$11.64 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 | Binance COTIUSDT | 0.01497 | −0.7144 | get 0.3572% / 4h | 3h 49m | $8.6M | $50.9M | 50x |
| Short | Gate COTI_USDT | 0.01499 | −0.4816 | pay 0.2408% / 4h | 3h 49m | $508K | $1.4M | 25x |
Binance COTIUSDT
Gate COTI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. 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
- $488.79
- Price spread: +0.102% → +0.059%
- $4.22
- Slippage, 4 orders
- −$114.51
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $353.5
- Costs to cover
- 1.395%
- Break-even
- 1.9 days
Slippage from Binance: live order book, 8 min ago; Gate: 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 Binance live order book, 8 min ago | 1.01 bp | 15.2 bp −$15 | 80.7 bp −$807 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 6.70 bp | 47.2 bp −$47 | 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC COTI_USDT | −0.7154% | 4h | 0.01496 | −0.072% | $12.0M | $2.5M | 50x | as long as short |
| Binance COTIUSDTlong | −0.7144% | 4h | 0.01497 | long leg | $8.6M | $50.9M | 50x | |
| Aster COTIUSDT | −0.6983% | 4h | 0.01496 | −0.067% | $12K | $446K | 5x | as long as short |
| BingX COTI-USDT | −0.6832% | 4h | 0.01496 | −0.119% | — | $1.7M | — | as long as short |
| KuCoin COTIUSDTM | −0.6340% | 4h | 0.01499 | +0.102% | $2.0M | $2.6M | 50x | as long as short |
| Bitget COTIUSDT | −0.6136% | 4h | 0.01495 | −0.166% | $3.5M | $4.1M | 50x | as long as short |
| BloFin COTI-USDT | −0.5020% | 4h | 0.01493 | −0.272% | $482K | $681K | 50x | as long as short |
| Gate COTI_USDTshort | −0.4816% | 4h | 0.01499 | +0.102% | $508K | $1.4M | 25x | |
| Bybit COTIUSDT | −0.4813% | 8h | 0.01495 | −0.139% | $3.9M | $10.4M | 50x | as long as short |
| Variational Omni COTI | −0.3794% | 8h | 0.01491 | −0.406% | $32K | $41K | — | as long as short |
MEXC COTI_USDT
Aster COTIUSDT
BingX COTI-USDT
KuCoin COTIUSDTM
Bitget COTIUSDT
BloFin COTI-USDT
Bybit COTIUSDT
Variational Omni COTI