Settings8H · net · $10k
Funding arb · Price arb /

COTI

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0193%/8h= +21.2% APRnext payment +$0.97 per $10,000 · paid last 24h −0.010%
Price spread now: KuCoin against Aster+0.053%7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$334as in the Funding arb table
Net, price: spread back to 7d avg − costs−$328as in the Price arb table
costs, in and out, $10k−$3363.364% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.019%+$2 on $10k
Price spread, last 4 days (all we have)−0.441%−$44 · spread now +0.053%, 7d avg −0.032%
Together, before fees−0.422%+ Points / potential airdropAster: Stage 5 · farm board−$42 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and KuCoin is 0.085% dearer against Aster than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.032%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.019% in total (about 1.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.97 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
LongAster COTIUSDT0.01519−0.0093get 0.0047% / 4h2h 04m$9K$278K5x
ShortKuCoin COTIUSDTM0.015200.0100get 0.0050% / 4h2h 04m$2.0M$1.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Aster. 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
$40.61
Price spread: +0.053% → −0.032%
$8.47
Slippage, 4 orders
−$316.36
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$287.28
Costs to cover
3.364%
Break-even
56.5 days
Slippage from Aster: live order book, 17 min ago; KuCoin: live order book, 2 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 Aster live order book, 17 min ago6.19 bp82.5 bp −$83doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago13.12 bp42.1 bp −$42232.3 bp −$2,323doesn'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 COTIUSDTlong−0.0093%4h0.01519long leg$9K$278K5x
Binance COTIUSDT+0.0100%4h0.01521+0.125%$7.2M$31.5M50xas long as short
Bybit COTIUSDT+0.0100%8h0.01521+0.099%$3.7M$6.5M50xas long as short
Gate COTI_USDT+0.0100%4h0.01521+0.119%$444K$816K25xas long as short
MEXC COTI_USDT+0.0100%4h0.01521+0.112%$13.0M$1.6M50xas long as short
KuCoin COTIUSDTMshort+0.0100%4h0.01520+0.053%$2.0M$1.4M50x
Bitget COTIUSDT+0.0100%4h0.01523+0.250%$3.3M$2.3M50xas long as short
Variational Omni COTI+0.0100%8h0.01523+0.266%$25K$27Kas long as short
BingX COTI-USDT+0.0200%4h0.01521+0.145%$1.6Mas long as short
BloFin COTI-USDT+0.0340%4h0.01516−0.184%$399K$422K50xas long as short