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

COTI

all COTI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0005%/8h= +0.6% APRnext payment +$0.03 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance+0.056%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$660.664% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.051%−$5 on $10k
Price spread, last 7 days−0.083%−$8 · spread now +0.056%, 7d avg −0.010%
Together, before fees−0.134%−$13 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.065% dearer against Binance than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance COTIUSDT0.01439−0.1199get 0.0600% / 4h1h 57m$7.6M$40.2M50x
ShortMEXC COTI_USDT0.01440−0.1194pay 0.0597% / 4h1h 57m$11.8M$2.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$1.12
Price spread: +0.056% → −0.010%
$6.53
Slippage, 4 orders
−$52.41
Fee Binance: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$58.75
Costs to cover
0.664%
Break-even
373.8 days
Slippage from Binance: live order book, 14 min ago; MEXC: live order book, 6 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, 14 min ago3.81 bp18.5 bp −$1991.2 bp −$912doesn't fitdoesn't fit
Sell MEXC live order book, 6 min ago1.04 bp17.4 bp −$1738.6 bp −$38677.6 bp −$7,764206.9 bp −$103.5K

COTI on 9 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−0.1292%4h0.01438−0.078%$11K$304K5xas long as short
Binance COTIUSDTlong−0.1199%4h0.01439long leg$7.6M$40.2M50x
MEXC COTI_USDTshort−0.1194%4h0.01440+0.056%$11.8M$2.2M50x
Gate COTI_USDT−0.0080%4h0.01442+0.202%$421K$1.0M25xas long as short
KuCoin COTIUSDTM−0.0080%4h0.01441+0.132%$1.7M$2.1M50xas long as short
Bybit COTIUSDT+0.0100%8h0.01442+0.181%$3.7M$9.0M50xas long as short
Bitget COTIUSDT+0.0100%4h0.01444+0.340%$3.2M$3.0M50xas long as short
BingX COTI-USDT+0.0100%4h0.01441+0.132%$1.6Mas long as short
Variational Omni COTI+0.0100%8h0.01440+0.052%$29K$38Kas long as short