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

COTI

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.2609%/8h= −285.6% APRnext payment $13.04 per $10,000 · paid last 24h −0.084%
Price spread now: Aster against BingX+0.288%7-day average −0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$313as in the Funding arb table
Net, price: spread back to 7d avg − costs−$249as in the Price arb table
costs, in and out, $10k−$2832.829% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.300%−$30 on $10k
Price spread, last 4 days (all we have)+0.033%+$3 · spread now +0.288%, 7d avg −0.054%
Together, before fees−0.267%+ Points / potential airdropAster: Stage 5 · farm board−$27 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.342% dearer against BingX than usual: you sell high and buy low (spread +0.288% now, against its 7-day average of −0.054%): +$34 on $10k if it goes back. Holding the pair costs −$78 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.300% in total) that is about 8.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.300% in total (about -15.6% a year). A funding rate is set anew for every payment; at this rate the next one is about $13.04 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
LongBingX COTI-USDT0.01457−0.1118get 0.0559% / 4h3h 59m$1.6M
ShortAster COTIUSDT0.01462−0.3727pay 0.1863% / 4h3h 59m$11K$334K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BingX. 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
−$547.8
Price spread: +0.288% → −0.054%
$34.18
Slippage, 4 orders
−$264.88
Fee BingX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$796.51
Costs to cover
2.829%
Break-even
never at this rate
Slippage from BingX: live order book, 8 min ago; Aster: live order book, 58 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 BingX live order book, 8 min ago5.48 bp21.2 bp −$2160.8 bp −$608380.8 bp −$38.1K494.4 bp −$247.2K
Sell Aster live order book, 58 min ago9.66 bp150.5 bp −$150doesn't fitdoesn'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 COTIUSDT−0.3852%4h0.01455−0.143%$7.9M$43.5M50xas long as short
MEXC COTI_USDT−0.3852%4h0.01456−0.117%$11.9M$2.2M50xas long as short
Aster COTIUSDTshort−0.3727%4h0.01462+0.288%$11K$334K5x
KuCoin COTIUSDTM−0.3414%4h0.01457−0.027%$1.7M$2.3M50xas long as short
Gate COTI_USDT−0.3330%4h0.01461+0.247%$428K$1.1M25xas long as short
BloFin COTI-USDT−0.2680%4h0.01459+0.096%$443K$642K50xas long as short
Bitget COTIUSDT−0.1980%4h0.01457−0.027%$3.3M$3.3M50xas long as short
Bybit COTIUSDT−0.1636%8h0.01454−0.206%$3.7M$9.5M50xas long as short
BingX COTI-USDTlong−0.1118%4h0.01457long leg$1.6M
Variational Omni COTI−0.0652%8h0.01457−0.004%$29K$39Kas long as short