Funding you earn now, next payment 00:00 UTC+0.0232%/8h= +25.4% APRnext payment +$1.16 per $10,000 · paid last 24h +0.062%
Price spread now: BloFin against MEXC+0.193%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$690.694% of the position
Funding, last 7 days+0.276%+$28 on $10k
+Price spread, last 3 days (all we have)+0.512%+$51 · spread now +0.193%, 7d avg +0.035%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.158% dearer against MEXC than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC COTI_USDT | 0.01502 | −0.0074 | get 0.0037% / 4h | 45m 00s | $12.7M | $1.8M | 50x |
| Short | BloFin COTI-USDT | 0.01504 | 0.0158 | get 0.0079% / 4h | 45m 00s | $406K | $457K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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
- $48.67
- Price spread: +0.193% → +0.035%
- $15.79
- Slippage, 4 orders
- −$53.36
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$4.91
- Costs to cover
- 0.694%
- Break-even
- 7.7 days
Slippage from MEXC: live order book, 3 min ago; BloFin: live order book, 31 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 MEXC live order book, 3 min ago | 2.34 bp | 9.8 bp −$10 | 28.5 bp −$285 | 45.3 bp −$4,528 | 157.2 bp −$78.6K |
| Sell BloFin live order book, 31 min ago | 1.98 bp | 26.9 bp −$27 | 80.4 bp −$804 | 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 | −0.0267% | 4h | 0.01502 | +0.048% | $11K | $290K | 5x | as long as short |
| Binance COTIUSDT | −0.0082% | 4h | 0.01501 | −0.030% | $7.4M | $34.4M | 50x | as long as short |
| MEXC COTI_USDTlong | −0.0074% | 4h | 0.01502 | long leg | $12.7M | $1.8M | 50x | |
| Bybit COTIUSDT | +0.0100% | 8h | 0.01502 | +0.007% | $3.7M | $7.4M | 50x | as long as short |
| Gate COTI_USDT | +0.0100% | 4h | 0.01505 | +0.233% | $428K | $859K | 25x | as long as short |
| KuCoin COTIUSDTM | +0.0100% | 4h | 0.01504 | +0.167% | $1.9M | $1.5M | 50x | as long as short |
| Bitget COTIUSDT | +0.0100% | 4h | 0.01505 | +0.233% | $3.3M | $2.5M | 50x | as long as short |
| Variational Omni COTI | +0.0100% | 8h | 0.01501 | −0.006% | $27K | $30K | — | as long as short |
| BloFin COTI-USDTshort | +0.0158% | 4h | 0.01504 | +0.193% | $406K | $457K | 50x | |
| BingX COTI-USDT | +0.0200% | 4h | 0.01501 | −0.060% | — | $1.6M | — | as long as short |
MEXC COTI_USDT
BloFin COTI-USDT
Aster COTIUSDT
Binance COTIUSDT
Bybit COTIUSDT
Gate COTI_USDT
KuCoin COTIUSDTM
Bitget COTIUSDT
Variational Omni COTI
BingX COTI-USDT