Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.005%
Price spread now: Bitget against BingX+0.129%7-day average −0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$1071.067% of the position
Funding, last 7 days−0.138%−$14 on $10k
+Price spread, last 7 days−0.300%−$30 · spread now +0.129%, 7d avg −0.052%
=The price spread pays, funding is against you. Bitget is 0.182% dearer against BingX than usual: you sell high and buy low (spread +0.129% now, against its 7-day average of −0.052%): +$18 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX COTI-USDT | 0.01545 | 0.0200 | pay 0.0100% / 4h | 2h 27m | — | $1.6M | — |
| Short | Bitget COTIUSDT | 0.01547 | 0.0100 | get 0.0050% / 4h | 2h 27m | $3.3M | $2.2M | 50x |
BingX COTI-USDT
Bitget COTIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BingX. 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
- −$21
- Price spread: +0.129% → −0.052%
- $18.15
- Slippage, 4 orders
- −$84.73
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$109.58
- Costs to cover
- 1.067%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; Bitget: live order book, 1 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 BingX live order book, 10 min ago | 5.52 bp | 25.1 bp −$25 | 68.7 bp −$687 | 406.8 bp −$40.7K | 507.1 bp −$253.6K |
| Sell Bitget live order book, 1 min ago | 6.47 bp | 29.4 bp −$29 | 123.0 bp −$1,230 | 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 COTIUSDT | −0.0097% | 4h | 0.01542 | −0.162% | $6K | $277K | 5x | as long as short |
| Binance COTIUSDT | +0.0100% | 4h | 0.01545 | −0.023% | $7.3M | $30.9M | 50x | as long as short |
| Bybit COTIUSDT | +0.0100% | 8h | 0.01545 | −0.013% | $3.8M | $6.4M | 50x | as long as short |
| Gate COTI_USDT | +0.0100% | 4h | 0.01543 | −0.129% | $453K | $794K | 25x | as long as short |
| MEXC COTI_USDT | +0.0100% | 4h | 0.01544 | −0.045% | $13.2M | $1.5M | 50x | as long as short |
| KuCoin COTIUSDTM | +0.0100% | 4h | 0.01541 | −0.259% | $2.0M | $1.4M | 50x | as long as short |
| Bitget COTIUSDTshort | +0.0100% | 4h | 0.01547 | +0.129% | $3.3M | $2.2M | 50x | |
| Variational Omni COTI | +0.0100% | 8h | 0.01539 | −0.377% | $25K | $27K | — | as long as short |
| BingX COTI-USDTlong | +0.0200% | 4h | 0.01545 | long leg | — | $1.6M | — | |
| BloFin COTI-USDT | +0.0340% | 4h | 0.01540 | −0.356% | $403K | $415K | 50x | as long as short |
Aster COTIUSDT
Binance COTIUSDT
Bybit COTIUSDT
Gate COTI_USDT
MEXC COTI_USDT
KuCoin COTIUSDTM
Variational Omni COTI
BloFin COTI-USDT