Funding you earn now, next payment 00:00 UTC+0.0581%/8h= +63.6% APRnext payment +$2.90 per $10,000 · paid last 24h +0.065%
Price spread now: BingX against Aster−0.113%7-day average +0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$281as in the Funding arb table
Net, price: spread back to 7d avg − costs−$324as in the Price arb table
costs, in and out, $10k−$3083.079% of the position
Funding, last 7 days+0.264%+$26 on $10k
+Price spread, last 4 days (all we have)+0.015%+$2 · spread now −0.113%, 7d avg +0.051%
=Together, before fees+0.280%+ Points / potential airdropAster: Stage 5 · farm board+$28 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.163% cheaper against Aster than usual: you would sell low and buy high (spread −0.113% now, against its 7-day average of +0.051%). If the spread goes back, that is −$16 on $10k: about 22 hours of funding at the current rate (+$17 a day). At the pace of the last 7 days (+0.264% in total) that is about 4.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.264% in total (about 13.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.90 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 | Aster COTIUSDT | 0.01495 | −0.0381 | get 0.0190% / 4h | 0m 13s | $8K | $293K | 5x |
| Short | BingX COTI-USDT | 0.01493 | 0.0200 | get 0.0100% / 4h | 0m 13s | — | $1.6M | — |
Aster COTIUSDT
BingX COTI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Aster. 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
- $121.99
- Price spread: −0.113% → +0.051%
- −$16.34
- Slippage, 4 orders
- −$289.88
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$202.23
- Costs to cover
- 3.079%
- Break-even
- 18.6 days
Slippage from Aster: live order book, 12 min ago; BingX: live order book, 6 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 Aster live order book, 12 min ago | 9.74 bp | 126.6 bp −$127 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 5.71 bp | 20.9 bp −$21 | 62.8 bp −$628 | 331.3 bp −$33.1K | 479.7 bp −$239.8K |
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 COTIUSDTlong | −0.0381% | 4h | 0.01495 | long leg | $8K | $293K | 5x | |
| Binance COTIUSDT | −0.0225% | 4h | 0.01492 | −0.159% | $7.5M | $35.9M | 50x | as long as short |
| MEXC COTI_USDT | −0.0224% | 4h | 0.01493 | −0.079% | $12.7M | $1.9M | 50x | as long as short |
| BloFin COTI-USDT | +0.0015% | 4h | 0.01497 | +0.168% | $413K | $501K | 50x | as long as short |
| Bybit COTIUSDT | +0.0100% | 8h | 0.01493 | −0.119% | $3.7M | $7.8M | 50x | as long as short |
| Gate COTI_USDT | +0.0100% | 4h | 0.01496 | +0.095% | $434K | $897K | 25x | as long as short |
| KuCoin COTIUSDTM | +0.0100% | 4h | 0.01495 | +0.028% | $1.9M | $1.6M | 50x | as long as short |
| Bitget COTIUSDT | +0.0100% | 4h | 0.01496 | +0.095% | $3.3M | $2.6M | 50x | as long as short |
| Variational Omni COTI | +0.0100% | 8h | 0.01494 | −0.049% | $26K | $30K | — | as long as short |
| BingX COTI-USDTshort | +0.0200% | 4h | 0.01493 | −0.113% | — | $1.6M | — |
Binance COTIUSDT
MEXC COTI_USDT
BloFin COTI-USDT
Bybit COTIUSDT
Gate COTI_USDT
KuCoin COTIUSDTM
Bitget COTIUSDT
Variational Omni COTI