Funding you earn now, next payment 04:00 UTC−0.0922%/8h= −101.0% APRnext payment −$4.61 per $10,000 · paid last 24h −0.009%
Price spread now: Binance against KuCoin+0.031%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1441.440% of the position
Funding, last 7 days+0.076%+$8 on $10k
+Price spread, last 7 days−0.028%−$3 · spread now +0.031%, 7d avg +0.030%
=The price spread sits at its 7-day average of +0.030%, so right now this pair is about funding alone: −$28 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.076%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.076% in total (about 4.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.61 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 | KuCoin COTIUSDTM | 0.01432 | −0.0386 | get 0.0193% / 4h | 1h 28m | $1.7M | $2.2M | 50x |
| Short | Binance COTIUSDT | 0.01432 | −0.1308 | pay 0.0654% / 4h | 1h 28m | $7.7M | $40.9M | 50x |
KuCoin COTIUSDTM
Binance COTIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- −$193.67
- Price spread: +0.031% → +0.030%
- $0.14
- Slippage, 4 orders
- −$121.98
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$337.51
- Costs to cover
- 1.440%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 8 min ago; Binance: live order book, 13 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 KuCoin live order book, 8 min ago | 10.41 bp | 45.0 bp −$45 | 391.6 bp −$3,916 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 1.74 bp | 20.4 bp −$20 | 53.5 bp −$535 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster COTIUSDT | −0.1387% | 4h | 0.01437 | +0.335% | $11K | $311K | 5x | as long as short |
| Binance COTIUSDTshort | −0.1308% | 4h | 0.01432 | +0.031% | $7.7M | $40.9M | 50x | |
| MEXC COTI_USDT | −0.1298% | 4h | 0.01432 | +0.028% | $11.7M | $2.2M | 50x | as long as short |
| BloFin COTI-USDT | −0.0909% | 4h | 0.01430 | −0.112% | $424K | $588K | 50x | as long as short |
| KuCoin COTIUSDTMlong | −0.0386% | 4h | 0.01432 | long leg | $1.7M | $2.2M | 50x | |
| Gate COTI_USDT | −0.0154% | 4h | 0.01435 | +0.209% | $420K | $1.0M | 25x | as long as short |
| Bybit COTIUSDT | +0.0100% | 8h | 0.01434 | +0.112% | $3.7M | $9.2M | 50x | as long as short |
| Bitget COTIUSDT | +0.0100% | 4h | 0.01433 | +0.070% | $3.2M | $3.1M | 50x | as long as short |
| BingX COTI-USDT | +0.0100% | 4h | 0.01434 | +0.126% | — | $1.6M | — | as long as short |
| Variational Omni COTI | +0.0100% | 8h | 0.01444 | +0.831% | $29K | $38K | — | as long as short |
Aster COTIUSDT
MEXC COTI_USDT
BloFin COTI-USDT
Gate COTI_USDT
Bybit COTIUSDT
Bitget COTIUSDT
BingX COTI-USDT
Variational Omni COTI