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+0.0453%/8h= +49.6% APRnext payment +$2.27 per $10,000 · paid last 24h +0.009%
Price spread now: KuCoin against Binance+0.283%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1421.416% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.076%−$8 on $10k
Price spread, last 7 days−0.327%−$33 · spread now +0.283%, 7d avg −0.030%
Together, before fees−0.403%−$40 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 KuCoin is 0.313% dearer against Binance than usual: you sell high and buy low: +$31 more if the spread goes back to its 7-day average of −0.030%. Mind the row above: over the last 7 days funding on this pair cost −0.076%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.076% in total (about -4.0% 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
LongBinance COTIUSDT0.01456−0.3341get 0.1671% / 4h16m 12s$7.9M$43.1M50x
ShortKuCoin COTIUSDTM0.01460−0.2888pay 0.1444% / 4h16m 12s$1.8M$2.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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
$95.16
Price spread: +0.283% → −0.030%
$31.26
Slippage, 4 orders
−$119.63
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$15.21
Costs to cover
1.416%
Break-even
8.1 days
Slippage from Binance: live order book, 11 min ago; KuCoin: live order book, 5 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 Binance live order book, 11 min ago0.69 bp15.7 bp −$1673.4 bp −$734doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago6.82 bp59.4 bp −$59312.1 bp −$3,121doesn'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
Binance COTIUSDTlong−0.3341%4h0.01456long leg$7.9M$43.1M50x
MEXC COTI_USDT−0.3340%4h0.01457+0.049%$11.8M$2.3M50xas long as short
Aster COTIUSDT−0.3270%4h0.01464+0.551%$12K$333K5xas long as short
KuCoin COTIUSDTMshort−0.2888%4h0.01460+0.283%$1.8M$2.2M50x
Gate COTI_USDT−0.2870%4h0.01461+0.352%$434K$1.1M25xas long as short
BloFin COTI-USDT−0.2339%4h0.01459+0.207%$435K$639K50xas long as short
Bitget COTIUSDT−0.1414%4h0.01457+0.077%$3.2M$3.3M50xas long as short
Bybit COTIUSDT−0.1361%8h0.01457+0.063%$3.7M$9.4M50xas long as short
BingX COTI-USDT−0.0908%4h0.01458+0.139%$1.6Mas long as short
Variational Omni COTI−0.0446%8h0.01456+0.022%$29K$39Kas long as short