COTI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.1042%/8h= −114.0% APRnext payment −$5.21 per $10,000 · paid last 24h −0.060%

Price spread now: KuCoin against BloFin+0.391%80s7-day average −0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$174as 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−$1381.385% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.355%−$35 on $10k

Price spread, last 4 days (all we have)−1.344%−$134 · spread now +0.391%, 7d avg −0.034%

Together, before fees−1.698%−$170 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.426% dearer against BloFin than usual: you sell high and buy low (spread +0.391% now, against its 7-day average of −0.034%): +$43 on $10k if it goes back. Holding the pair costs −$31 a day in funding at the current rate, which eats that in about 33 hours. At the pace of the last 7 days (−0.355% in total) that is about 8.4 days. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.355% in total (about -18.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.21 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin COTI-USDT	0.01457	−0.3494	get 0.1747% / 4h	3h 17m	$446K	$639K	50x
Short	KuCoin COTIUSDTM	0.01463	−0.4536	pay 0.2268% / 4h	3h 17m	$1.8M	$2.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee KuCoinbpOrdersPrice spread, now +0.391%Rate

Funding earned: −$218.72
Price spread: +0.391% → −0.034%: $42.55
Slippage, 4 orders: −$114.47
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$314.64
Costs to cover: 1.385%
Break-even: never at this rate

Slippage from BloFin: live order book, 14 min ago; KuCoin: live order book, 4 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, 14 min ago	3.41 bp	18.0 bp −$18	52.2 bp −$522	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	10.29 bp	51.9 bp −$52	449.1 bp −$4,491	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
Gate COTI_USDT	−0.6572%	4h	0.01465	+0.528%	$437K	$1.1M	25x	as long as short
Binance COTIUSDT	−0.5038%	4h	0.01461	+0.253%	$8.0M	$44.3M	50x	as long as short
MEXC COTI_USDT	−0.4992%	4h	0.01462	+0.295%	$11.9M	$2.3M	50x	as long as short
Aster COTIUSDT	−0.4848%	4h	0.01461	+0.227%	$13K	$354K	5x	as long as short
KuCoin COTIUSDTMshort	−0.4536%	4h	0.01463	+0.391%	$1.8M	$2.3M	50x
BloFin COTI-USDTlong	−0.3494%	4h	0.01457	long leg	$446K	$639K	50x
Bitget COTIUSDT	−0.3098%	4h	0.01460	+0.185%	$3.3M	$3.4M	50x	as long as short
Bybit COTIUSDT	−0.2161%	8h	0.01461	+0.254%	$3.7M	$9.6M	50x	as long as short
BingX COTI-USDT	−0.1502%	4h	0.01461	+0.240%	—	$1.6M	—	as long as short
Variational Omni COTI	−0.1171%	8h	0.01455	−0.141%	$29K	$39K	—	as long as short