Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.029%
Price spread now: Bybit against Binance+0.020%7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$200as in the Funding arb table
Net, price: spread back to 7d avg − costs−$235as in the Price arb table
costs, in and out, $10k−$2292.287% of the position
Funding, last 7 days+0.288%+$29 on $10k
+Price spread, last 7 days+0.023%+$2 · spread now +0.020%, 7d avg +0.085%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.065% cheaper against Binance than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.085%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance COTIUSDT | 0.01534 | 0.0100 | pay 0.0050% / 4h | 2h 24m | $7.3M | $31.0M | 50x |
| Short | Bybit COTIUSDT | 0.01534 | 0.0100 | get 0.0100% / 8h | 2h 24m | $3.8M | $6.4M | 50x |
Binance COTIUSDT
Bybit COTIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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
- $0
- Price spread: +0.020% → +0.085%
- −$6.5
- Slippage, 4 orders
- −$207.69
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$235.19
- Costs to cover
- 2.287%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; Bybit: live order book, 4 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 Binance live order book, 2 min ago | 0.65 bp | 20.8 bp −$21 | 74.1 bp −$741 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 3.24 bp | 96.7 bp −$97 | 230.8 bp −$2,308 | 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 | −0.0105% | 4h | 0.01535 | +0.098% | $8K | $277K | 5x | as long as short |
| Binance COTIUSDTlong | +0.0100% | 4h | 0.01534 | long leg | $7.3M | $31.0M | 50x | |
| Bybit COTIUSDTshort | +0.0100% | 8h | 0.01534 | +0.020% | $3.8M | $6.4M | 50x | |
| Gate COTI_USDT | +0.0100% | 4h | 0.01535 | +0.072% | $451K | $797K | 25x | as long as short |
| MEXC COTI_USDT | +0.0100% | 4h | 0.01533 | −0.033% | $13.2M | $1.6M | 50x | as long as short |
| KuCoin COTIUSDTM | +0.0100% | 4h | 0.01534 | +0.007% | $2.0M | $1.4M | 50x | as long as short |
| Bitget COTIUSDT | +0.0100% | 4h | 0.01535 | +0.072% | $3.3M | $2.3M | 50x | as long as short |
| Variational Omni COTI | +0.0100% | 8h | 0.01546 | +0.805% | $25K | $27K | — | as long as short |
| BingX COTI-USDT | +0.0200% | 4h | 0.01537 | +0.170% | — | $1.6M | — | as long as short |
| BloFin COTI-USDT | +0.0340% | 4h | 0.01532 | −0.098% | $401K | $426K | 50x | as long as short |
Aster COTIUSDT
Gate COTI_USDT
MEXC COTI_USDT
KuCoin COTIUSDTM
Bitget COTIUSDT
Variational Omni COTI
BingX COTI-USDT
BloFin COTI-USDT