Funding you earn now, next payment 00:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.033%
Price spread now: Bitget against BloFin+0.503%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$1081.080% of the position
Funding, last 7 days−0.200%−$20 on $10k
+Price spread, last 3 days (all we have)−1.524%−$152 · spread now +0.503%, 7d avg +0.065%
=The price spread pays, funding is against you. Bitget is 0.437% dearer against BloFin than usual: you sell high and buy low (spread +0.503% now, against its 7-day average of +0.065%): +$44 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 6.1 days. At the pace of the last 7 days (−0.200% in total) that is about 15 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin COTI-USDT | 0.01531 | 0.0340 | pay 0.0170% / 4h | 2h 10m | $401K | $426K | 50x |
| Short | Bitget COTIUSDT | 0.01539 | 0.0100 | get 0.0050% / 4h | 2h 10m | $3.3M | $2.3M | 50x |
BloFin COTI-USDT
Bitget COTIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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
- −$50.4
- Price spread: +0.503% → +0.065%
- $43.74
- Slippage, 4 orders
- −$84
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$114.66
- Costs to cover
- 1.080%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 10 min ago; Bitget: live order book, 7 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 BloFin live order book, 10 min ago | 5.49 bp | 23.4 bp −$23 | 60.2 bp −$602 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 7 min ago | 6.49 bp | 27.6 bp −$28 | 116.5 bp −$1,165 | 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 | −0.0098% | 4h | 0.01538 | +0.420% | $9K | $278K | 5x | as long as short |
| Binance COTIUSDT | +0.0100% | 4h | 0.01539 | +0.515% | $7.3M | $31.3M | 50x | as long as short |
| Bybit COTIUSDT | +0.0100% | 8h | 0.01539 | +0.509% | $3.8M | $6.5M | 50x | as long as short |
| Gate COTI_USDT | +0.0100% | 4h | 0.01540 | +0.568% | $447K | $811K | 25x | as long as short |
| MEXC COTI_USDT | +0.0100% | 4h | 0.01539 | +0.477% | $13.2M | $1.6M | 50x | as long as short |
| KuCoin COTIUSDTM | +0.0100% | 4h | 0.01538 | +0.438% | $2.0M | $1.4M | 50x | as long as short |
| Bitget COTIUSDTshort | +0.0100% | 4h | 0.01539 | +0.503% | $3.3M | $2.3M | 50x | |
| Variational Omni COTI | +0.0100% | 8h | 0.01537 | +0.355% | $25K | $27K | — | as long as short |
| BingX COTI-USDT | +0.0200% | 4h | 0.01540 | +0.568% | — | $1.6M | — | as long as short |
| BloFin COTI-USDTlong | +0.0340% | 4h | 0.01531 | long leg | $401K | $426K | 50x |
Aster COTIUSDT
Binance COTIUSDT
Bybit COTIUSDT
Gate COTI_USDT
MEXC COTI_USDT
KuCoin COTIUSDTM
Variational Omni COTI
BingX COTI-USDT