Funding you earn now, next payment 04:00 UTC+0.0454%/8h= +49.7% APRnext payment +$2.27 per $10,000 · paid last 24h +0.038%
Price spread now: Gate against MEXC+0.203%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$1041.039% of the position
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 7 days−0.129%−$13 · spread now +0.203%, 7d avg +0.064%
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Gate is 0.139% dearer against MEXC than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.064%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.032% in total (about 1.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.27 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 | MEXC COTI_USDT | 0.01481 | −0.0354 | get 0.0177% / 4h | 3h 33m | $12.7M | $2.0M | 50x |
| Short | Gate COTI_USDT | 0.01484 | 0.0100 | get 0.0050% / 4h | 3h 33m | $438K | $896K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $95.34
- Price spread: +0.203% → +0.064%
- $13.89
- Slippage, 4 orders
- −$84.89
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $5.34
- Costs to cover
- 1.039%
- Break-even
- 6.6 days
Slippage from MEXC: live order book, 5 min ago; Gate: live order book, 39 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, 5 min ago | 1.35 bp | 7.7 bp −$8 | 28.6 bp −$286 | 54.7 bp −$5,467 | 161.6 bp −$80.8K |
| Sell Gate live order book, 39 min ago | 6.70 bp | 51.9 bp −$52 | doesn't fit | 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 | −0.0498% | 4h | 0.01480 | −0.080% | $9K | $297K | 5x | as long as short |
| Binance COTIUSDT | −0.0355% | 4h | 0.01480 | −0.040% | $7.6M | $36.6M | 50x | as long as short |
| MEXC COTI_USDTlong | −0.0354% | 4h | 0.01481 | long leg | $12.7M | $2.0M | 50x | |
| BloFin COTI-USDT | −0.0115% | 4h | 0.01480 | −0.041% | $419K | $505K | 50x | as long as short |
| Bybit COTIUSDT | +0.0100% | 8h | 0.01483 | +0.115% | $3.7M | $8.1M | 50x | as long as short |
| Gate COTI_USDTshort | +0.0100% | 4h | 0.01484 | +0.203% | $438K | $896K | 25x | |
| KuCoin COTIUSDTM | +0.0100% | 4h | 0.01485 | +0.270% | $1.9M | $1.7M | 50x | as long as short |
| Bitget COTIUSDT | +0.0100% | 4h | 0.01485 | +0.270% | $3.2M | $2.6M | 50x | as long as short |
| BingX COTI-USDT | +0.0100% | 4h | 0.01482 | +0.061% | — | $1.6M | — | as long as short |
| Variational Omni COTI | +0.0100% | 8h | 0.01478 | −0.181% | $26K | $30K | — | as long as short |
MEXC COTI_USDT
Gate COTI_USDT
Aster COTIUSDT
Binance COTIUSDT
BloFin COTI-USDT
Bybit COTIUSDT
KuCoin COTIUSDTM
Bitget COTIUSDT
BingX COTI-USDT
Variational Omni COTI