Settings8H · net · $10k
Funding arb · Price arb /

COTI

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0592%/8h= +64.9% APRnext payment +$2.96 per $10,000 · paid last 24h +0.008%
Price spread now: KuCoin against Binance+0.050%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1351.354% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.076%−$8 on $10k
Price spread, last 7 days+0.005%+$1 · spread now +0.050%, 7d avg −0.027%
Together, before fees−0.071%−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and KuCoin is 0.077% dearer against Binance than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.027%. Mind the row above: over the last 7 days funding on this pair cost −0.076%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.076% in total (about -4.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.96 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance COTIUSDT0.01467−0.0492get 0.0246% / 4h3h 04m$7.6M$37.3M50x
ShortKuCoin COTIUSDTM0.014680.0100get 0.0050% / 4h3h 04m$1.9M$1.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$124.38
Price spread: +0.050% → −0.027%
$7.7
Slippage, 4 orders
−$113.37
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$3.29
Costs to cover
1.354%
Break-even
7.2 days
Slippage from Binance: live order book, 8 min ago; KuCoin: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 8 min ago1.02 bp17.7 bp −$1875.2 bp −$752doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago6.81 bp47.0 bp −$47225.3 bp −$2,253doesn't fitdoesn't fit

COTI on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster COTIUSDT−0.0625%4h0.01466−0.101%$8K$294K5xas long as short
Binance COTIUSDTlong−0.0492%4h0.01467long leg$7.6M$37.3M50x
MEXC COTI_USDT−0.0486%4h0.01467−0.025%$12.4M$2.0M50xas long as short
BloFin COTI-USDT−0.0247%4h0.01463−0.305%$421K$516K50xas long as short
Bybit COTIUSDT+0.0100%8h0.01470+0.159%$3.7M$8.2M50xas long as short
Gate COTI_USDT+0.0100%4h0.01468+0.050%$432K$934K25xas long as short
KuCoin COTIUSDTMshort+0.0100%4h0.01468+0.050%$1.9M$1.8M50x
Bitget COTIUSDT+0.0100%4h0.01471+0.254%$3.2M$2.7M50xas long as short
BingX COTI-USDT+0.0100%4h0.01467−0.005%$1.6Mas long as short
Variational Omni COTI+0.0100%8h0.01466−0.068%$29K$37Kas long as short