Funding you earn now, next payment 08:00 UTC+0.0448%/8h= +49.1% APRnext payment +$2.24 per $10,000 · paid last 24h −0.063%
Price spread now: Binance against Gate−0.207%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1231.229% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 7 days+0.259%+$26 · spread now −0.207%, 7d avg −0.058%
=Funding pays, the price is against you. Binance is 0.149% cheaper against Gate than usual: you would sell low and buy high (spread −0.207% now, against its 7-day average of −0.058%). If the spread goes back, that is −$15 on $10k: about 27 hours of funding at the current rate (+$13 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.013% in total (about -0.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.24 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 | Gate COTI_USDT | 0.01495 | −0.7002 | get 0.3501% / 4h | 2h 15m | $440K | $1.2M | 25x |
| Short | Binance COTIUSDT | 0.01492 | −0.6554 | pay 0.3277% / 4h | 2h 15m | $8.4M | $46.1M | 50x |
Gate COTI_USDT
Binance COTIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $94.17
- Price spread: −0.207% → −0.058%
- −$14.94
- Slippage, 4 orders
- −$97.89
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$43.66
- Costs to cover
- 1.229%
- Break-even
- 10.2 days
Slippage from Gate: live order book, 2 min ago; Binance: live order book, 11 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 Gate live order book, 2 min ago | 3.35 bp | 41.1 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 1.35 bp | 18.5 bp −$19 | 96.7 bp −$967 | 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_USDTlong | −0.7002% | 4h | 0.01495 | long leg | $440K | $1.2M | 25x | |
| Binance COTIUSDTshort | −0.6554% | 4h | 0.01492 | −0.207% | $8.4M | $46.1M | 50x | |
| MEXC COTI_USDT | −0.6524% | 4h | 0.01492 | −0.201% | $12.0M | $2.3M | 50x | as long as short |
| Aster COTIUSDT | −0.6330% | 4h | 0.01495 | −0.013% | $13K | $368K | 5x | as long as short |
| KuCoin COTIUSDTM | −0.5876% | 4h | 0.01500 | +0.334% | $1.9M | $2.4M | 50x | as long as short |
| Bitget COTIUSDT | −0.4760% | 4h | 0.01490 | −0.334% | $3.4M | $3.5M | 50x | as long as short |
| BloFin COTI-USDT | −0.4546% | 4h | 0.01488 | −0.482% | $462K | $664K | 50x | as long as short |
| Bybit COTIUSDT | −0.2678% | 8h | 0.01493 | −0.134% | $3.9M | $9.8M | 50x | as long as short |
| Variational Omni COTI | −0.1981% | 8h | 0.01494 | −0.040% | $30K | $39K | — | as long as short |
| BingX COTI-USDT | −0.1858% | 4h | 0.01491 | −0.234% | — | $1.6M | — | as long as short |
MEXC COTI_USDT
Aster COTIUSDT
KuCoin COTIUSDTM
Bitget COTIUSDT
BloFin COTI-USDT
Bybit COTIUSDT
Variational Omni COTI
BingX COTI-USDT