Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.005%
Price spread now: BingX against Bybit0.000%7-day average −0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$235as in the Funding arb table
Net, price: spread back to 7d avg − costs−$216as in the Price arb table
costs, in and out, $10k−$2212.215% of the position
Funding, last 7 days−0.130%−$13 on $10k
+Price spread, last 7 days−0.042%−$4 · spread now 0.000%, 7d avg −0.051%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.051% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.051%. Mind the row above: over the last 7 days funding on this pair cost −0.130%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit COTIUSDT | 0.01485 | 0.0100 | pay 0.0100% / 8h | 26m 41s | $3.6M | $7.5M | 50x |
| Short | BingX COTI-USDT | 0.01485 | 0.0200 | get 0.0100% / 4h | 26m 41s | — | $1.6M | — |
Bybit COTIUSDT
BingX COTI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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: 0.000% → −0.051%
- $5.07
- Slippage, 4 orders
- −$200.49
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$195.42
- Costs to cover
- 2.215%
- Break-even
- 72.1 days
Slippage from Bybit: live order book, 1 min ago; BingX: live order book, 5 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 Bybit live order book, 1 min ago | 2.01 bp | 72.3 bp −$72 | 318.1 bp −$3,181 | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 8.10 bp | 24.3 bp −$24 | 67.4 bp −$674 | 307.5 bp −$30.8K | 403.7 bp −$201.8K |
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 | −0.0344% | 4h | 0.01489 | +0.262% | $10K | $290K | 5x | as long as short |
| Binance COTIUSDT | −0.0176% | 4h | 0.01484 | −0.081% | $7.4M | $34.8M | 50x | as long as short |
| MEXC COTI_USDT | −0.0170% | 4h | 0.01487 | +0.128% | $12.6M | $1.8M | 50x | as long as short |
| BloFin COTI-USDT | +0.0068% | 4h | 0.01489 | +0.263% | $407K | $475K | 50x | as long as short |
| Bybit COTIUSDTlong | +0.0100% | 8h | 0.01485 | long leg | $3.6M | $7.5M | 50x | |
| Gate COTI_USDT | +0.0100% | 4h | 0.01487 | +0.135% | $422K | $866K | 25x | as long as short |
| KuCoin COTIUSDTM | +0.0100% | 4h | 0.01488 | +0.202% | $1.9M | $1.5M | 50x | as long as short |
| Bitget COTIUSDT | +0.0100% | 4h | 0.01486 | +0.067% | $3.2M | $2.5M | 50x | as long as short |
| Variational Omni COTI | +0.0100% | 8h | 0.01484 | −0.062% | $26K | $30K | — | as long as short |
| BingX COTI-USDTshort | +0.0200% | 4h | 0.01485 | 0.000% | — | $1.6M | — |
Aster COTIUSDT
Binance COTIUSDT
MEXC COTI_USDT
BloFin COTI-USDT
Gate COTI_USDT
KuCoin COTIUSDTM
Bitget COTIUSDT
Variational Omni COTI