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+0.0454%/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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.098%−$10 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC COTI_USDT0.01481−0.0354get 0.0177% / 4h3h 33m$12.7M$2.0M50x
ShortGate COTI_USDT0.014840.0100get 0.0050% / 4h3h 33m$438K$896K25x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 5 min ago1.35 bp7.7 bp −$828.6 bp −$28654.7 bp −$5,467161.6 bp −$80.8K
Sell Gate live order book, 39 min ago6.70 bp51.9 bp −$52doesn'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 COTIUSDT−0.0498%4h0.01480−0.080%$9K$297K5xas long as short
Binance COTIUSDT−0.0355%4h0.01480−0.040%$7.6M$36.6M50xas long as short
MEXC COTI_USDTlong−0.0354%4h0.01481long leg$12.7M$2.0M50x
BloFin COTI-USDT−0.0115%4h0.01480−0.041%$419K$505K50xas long as short
Bybit COTIUSDT+0.0100%8h0.01483+0.115%$3.7M$8.1M50xas long as short
Gate COTI_USDTshort+0.0100%4h0.01484+0.203%$438K$896K25x
KuCoin COTIUSDTM+0.0100%4h0.01485+0.270%$1.9M$1.7M50xas long as short
Bitget COTIUSDT+0.0100%4h0.01485+0.270%$3.2M$2.6M50xas long as short
BingX COTI-USDT+0.0100%4h0.01482+0.061%$1.6Mas long as short
Variational Omni COTI+0.0100%8h0.01478−0.181%$26K$30Kas long as short