Funding you earn now, next payment 08:00 UTC−0.0294%/8h= −32.2% APRnext payment −$1.47 per $10,000 · paid last 24h −0.046%
Price spread now: Gate against BloFin+0.027%78s7-day average +0.105% · you sell dearer than you buy
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1511.512% of the position
Funding, last 7 days−0.283%−$28 on $10k
+Price spread, last 4 days (all we have)−0.376%−$38 · spread now +0.027%, 7d avg +0.105%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Gate is 0.079% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.105%). Swap the legs. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin COTI-USDT | 0.01490 | −0.5486 | get 0.2743% / 4h | 21m 45s | $480K | $667K | 50x |
| Short | Gate COTI_USDT | 0.01490 | −0.5780 | pay 0.2890% / 4h | 21m 45s | $513K | $1.4M | 25x |
BloFin COTI-USDT
Gate COTI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$61.73
- Price spread: +0.027% → +0.105%
- −$7.85
- Slippage, 4 orders
- −$124.18
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$220.76
- Costs to cover
- 1.512%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 60 min ago; Gate: 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 BloFin live order book, 60 min ago | 4.94 bp | 19.7 bp −$20 | 74.0 bp −$740 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 6.72 bp | 51.5 bp −$51 | 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 | −0.7836% | 4h | 0.01488 | −0.107% | $12.0M | $2.5M | 50x | as long as short |
| Binance COTIUSDT | −0.7809% | 4h | 0.01488 | −0.134% | $8.5M | $50.4M | 50x | as long as short |
| Aster COTIUSDT | −0.7605% | 4h | 0.01497 | +0.477% | $15K | $437K | 5x | as long as short |
| KuCoin COTIUSDTM | −0.7450% | 4h | 0.01491 | +0.094% | $1.9M | $2.5M | 50x | as long as short |
| Bitget COTIUSDT | −0.6874% | 4h | 0.01488 | −0.107% | $3.5M | $4.0M | 50x | as long as short |
| Gate COTI_USDTshort | −0.5780% | 4h | 0.01490 | +0.027% | $513K | $1.4M | 25x | |
| BloFin COTI-USDTlong | −0.5486% | 4h | 0.01490 | long leg | $480K | $667K | 50x | |
| Bybit COTIUSDT | −0.3783% | 8h | 0.01487 | −0.161% | $3.9M | $10.4M | 50x | as long as short |
| Variational Omni COTI | −0.3587% | 8h | 0.01486 | −0.227% | $32K | $41K | — | as long as short |
| BingX COTI-USDT | −0.2638% | 4h | 0.01487 | −0.168% | — | $1.7M | — | as long as short |
MEXC COTI_USDT
Binance COTIUSDT
Aster COTIUSDT
KuCoin COTIUSDTM
Bitget COTIUSDT
Bybit COTIUSDT
Variational Omni COTI
BingX COTI-USDT