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

COTI

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0595%/8h= −65.2% APRnext payment $2.98 per $10,000 · paid last 24h −0.044%
Price spread now: Aster against KuCoin−0.054%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$368as in the Funding arb table
Net, price: spread back to 7d avg − costs−$373as in the Price arb table
costs, in and out, $10k−$3653.649% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.031%−$3 on $10k
Price spread, last 4 days (all we have)+0.252%+$25 · spread now −0.054%, 7d avg +0.032%
Together, before fees+0.221%+ Points / potential airdropAster: Stage 5 · farm board+$22 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Aster is 0.085% cheaper against KuCoin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.032%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.031% in total (about -1.6% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.98 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin COTIUSDTM0.014920.0100pay 0.0050% / 4h3h 28m$1.9M$1.7M50x
ShortAster COTIUSDT0.01491−0.0495pay 0.0248% / 4h3h 28m$9K$298K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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
−$125
Price spread: −0.054% → +0.032%
−$8.52
Slippage, 4 orders
−$344.9
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$498.42
Costs to cover
3.649%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; Aster: live order book, 43 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 KuCoin live order book, 2 min ago10.04 bp50.3 bp −$50350.4 bp −$3,504doesn't fitdoesn't fit
Sell Aster live order book, 43 min ago9.74 bp134.0 bp −$134doesn't fitdoesn'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 COTIUSDTshort−0.0495%4h0.01491−0.054%$9K$298K5x
Binance COTIUSDT−0.0369%4h0.01489−0.188%$7.6M$36.6M50xas long as short
MEXC COTI_USDT−0.0366%4h0.01489−0.194%$12.7M$2.0M50xas long as short
BloFin COTI-USDT−0.0129%4h0.01488−0.288%$418K$512K50xas long as short
Bybit COTIUSDT+0.0100%8h0.01491−0.074%$3.7M$8.1M50xas long as short
Gate COTI_USDT+0.0100%4h0.014920.000%$441K$901K25xas long as short
KuCoin COTIUSDTMlong+0.0100%4h0.01492long leg$1.9M$1.7M50x
Bitget COTIUSDT+0.0100%4h0.01490−0.134%$3.3M$2.6M50xas long as short
BingX COTI-USDT+0.0100%4h0.01490−0.147%$1.6Mas long as short
Variational Omni COTI+0.0100%8h0.01488−0.240%$26K$30Kas long as short