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: BingX against Bitget+0.013%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1001.003% of the position
Funding, last 7 days+0.138%+$14 on $10k
+Price spread, last 7 days+0.158%+$16 · spread now +0.013%, 7d avg +0.052%
=Funding pays, the price is against you. BingX is 0.039% cheaper against Bitget than usual: you would sell low and buy high (spread +0.013% now, against its 7-day average of +0.052%). If the spread goes back, that is −$4 on $10k: about 31 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget COTIUSDT | 0.01536 | 0.0100 | pay 0.0050% / 4h | 2h 23m | $3.3M | $2.3M | 50x |
| Short | BingX COTI-USDT | 0.01536 | 0.0200 | get 0.0100% / 4h | 2h 23m | — | $1.6M | — |
Bitget COTIUSDT
BingX COTI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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: +0.013% → +0.052%
- −$3.9
- Slippage, 4 orders
- −$78.27
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$83.17
- Costs to cover
- 1.003%
- Break-even
- 34.7 days
Slippage from Bitget: live order book, 4 min ago; BingX: 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 Bitget live order book, 4 min ago | 6.47 bp | 26.2 bp −$26 | 131.5 bp −$1,315 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 6.47 bp | 25.2 bp −$25 | 74.6 bp −$746 | 369.4 bp −$36.9K | 493.1 bp −$246.6K |
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 | −0.0105% | 4h | 0.01535 | −0.051% | $8K | $277K | 5x | as long as short |
| Binance COTIUSDT | +0.0100% | 4h | 0.01534 | −0.122% | $7.3M | $31.0M | 50x | as long as short |
| Bybit COTIUSDT | +0.0100% | 8h | 0.01535 | −0.072% | $3.8M | $6.4M | 50x | as long as short |
| Gate COTI_USDT | +0.0100% | 4h | 0.01535 | −0.065% | $451K | $797K | 25x | as long as short |
| MEXC COTI_USDT | +0.0100% | 4h | 0.01533 | −0.208% | $13.2M | $1.6M | 50x | as long as short |
| KuCoin COTIUSDTM | +0.0100% | 4h | 0.01534 | −0.130% | $2.0M | $1.4M | 50x | as long as short |
| Bitget COTIUSDTlong | +0.0100% | 4h | 0.01536 | long leg | $3.3M | $2.3M | 50x | |
| Variational Omni COTI | +0.0100% | 8h | 0.01546 | +0.667% | $25K | $27K | — | as long as short |
| BingX COTI-USDTshort | +0.0200% | 4h | 0.01536 | +0.013% | — | $1.6M | — | |
| BloFin COTI-USDT | +0.0340% | 4h | 0.01532 | −0.234% | $401K | $426K | 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