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−0.0583%/8h= −63.9% APRnext payment $2.92 per $10,000 · paid last 24h −0.156%
Price spread now: Aster against Bitget+0.006%7-day average −0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1251.251% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.234%−$23 on $10k
Price spread, last 4 days (all we have)+0.166%+$17 · spread now +0.006%, 7d avg −0.093%
Together, before fees−0.068%+ Points / potential airdropAster: Stage 5 · farm board−$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.099% dearer against Bitget than usual: you sell high and buy low (spread +0.006% now, against its 7-day average of −0.093%): +$10 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 14 hours. At the pace of the last 7 days (−0.234% in total) that is about 3.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.234% in total (about -12.2% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.92 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
LongBitget COTIUSDT0.01513−0.7234get 0.3617% / 4h46m 47s$3.6M$4.0M50x
ShortAster COTIUSDT0.01513−0.7817pay 0.3909% / 4h46m 47s$15K$423K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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
−$122.53
Price spread: +0.006% → −0.093%
$9.9
Slippage, 4 orders
−$105.1
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$237.73
Costs to cover
1.251%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; Aster: live order book, 55 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 Bitget live order book, 1 min ago6.63 bp28.1 bp −$28151.3 bp −$1,513doesn't fitdoesn't fit
Sell Aster live order book, 55 min ago8.32 bp34.7 bp −$35doesn'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
MEXC COTI_USDT−0.8102%4h0.01514+0.053%$12.1M$2.4M50xas long as short
Binance COTIUSDT−0.8079%4h0.01513−0.024%$8.7M$49.5M50xas long as short
KuCoin COTIUSDTM−0.8000%4h0.01516+0.198%$2.0M$2.5M50xas long as short
Aster COTIUSDTshort−0.7817%4h0.01513+0.006%$15K$423K5x
Bitget COTIUSDTlong−0.7234%4h0.01513long leg$3.6M$4.0M50x
Gate COTI_USDT−0.6026%4h0.01517+0.264%$527K$1.3M25xas long as short
BloFin COTI-USDT−0.5656%4h0.01511−0.139%$477K$670K50xas long as short
Bybit COTIUSDT−0.3597%8h0.01512−0.040%$3.9M$10.3M50xas long as short
Variational Omni COTI−0.3286%8h0.01503−0.641%$32K$41Kas long as short
BingX COTI-USDT−0.2510%4h0.01512−0.033%$1.7Mas long as short