Settings8H · net · $10k
Funding arb · Price arb /

COTI

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Gate+0.067%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$174as in the Price arb table
costs, in and out, $10k−$1781.779% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.320%+$32 on $10k
Price spread, last 7 days−0.087%−$9 · spread now +0.067%, 7d avg +0.031%
Together, before fees+0.233%+$23 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.035% dearer against Gate than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate COTI_USDT0.015020.0100pay 0.0050% / 4h51m 19s$427K$852K25x
ShortBybit COTIUSDT0.015030.0100get 0.0100% / 8h51m 19s$3.7M$7.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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

Funding earned
$0
Price spread: +0.067% → +0.031%
$3.55
Slippage, 4 orders
−$151.91
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$174.36
Costs to cover
1.779%
Break-even
never at this rate
Slippage from Gate: live order book, 25 min ago; Bybit: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 25 min ago6.57 bp48.8 bp −$49doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago1.67 bp27.0 bp −$27124.5 bp −$1,245doesn't fitdoesn't fit

COTI on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster COTIUSDT−0.0239%4h0.01501−0.081%$11K$290K5xas long as short
Binance COTIUSDT−0.0039%4h0.01501−0.060%$7.4M$34.3M50xas long as short
MEXC COTI_USDT−0.0038%4h0.01499−0.166%$12.7M$1.8M50xas long as short
Bybit COTIUSDTshort+0.0100%8h0.01503+0.067%$3.7M$7.4M50x
Gate COTI_USDTlong+0.0100%4h0.01502long leg$427K$852K25x
KuCoin COTIUSDTM+0.0100%4h0.015020.000%$1.9M$1.5M50xas long as short
Bitget COTIUSDT+0.0100%4h0.01504+0.133%$3.3M$2.5M50xas long as short
Variational Omni COTI+0.0100%8h0.01503+0.053%$27K$30Kas long as short
BingX COTI-USDT+0.0200%4h0.01501−0.080%$1.6Mas long as short
BloFin COTI-USDT+0.0201%4h0.01501−0.087%$407K$455K50xas long as short