Funding you earn now, next payment 08:00 UTC−0.1783%/8h= −195.3% APRnext payment −$8.92 per $10,000 · paid last 24h −0.131%
Price spread now: Binance against Bitget−0.082%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$890.893% of the position
Funding, last 7 days−0.139%−$14 on $10k
+Price spread, last 7 days+0.308%+$31 · spread now −0.082%, 7d avg +0.009%
=Both sides work against this trade now: funding costs −$54 a day on $10k at the current rate, and Binance is 0.092% cheaper against Bitget than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.009%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.139% in total (about -7.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$8.92 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget COTIUSDT | 0.01485 | −0.4680 | get 0.2340% / 4h | 2h 19m | $3.4M | $3.5M | 50x |
| Short | Binance COTIUSDT | 0.01484 | −0.6463 | pay 0.3232% / 4h | 2h 19m | $8.3M | $46.0M | 50x |
Bitget COTIUSDT
Binance COTIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- −$374.51
- Price spread: −0.082% → +0.009%
- −$9.16
- Slippage, 4 orders
- −$67.28
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$472.96
- Costs to cover
- 0.893%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; Binance: live order book, 8 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 Bitget live order book, 3 min ago | 3.40 bp | 32.7 bp −$33 | 146.3 bp −$1,463 | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 1.35 bp | 18.5 bp −$19 | 96.7 bp −$967 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate COTI_USDT | −0.7030% | 4h | 0.01489 | +0.269% | $454K | $1.2M | 25x | as long as short |
| Binance COTIUSDTshort | −0.6463% | 4h | 0.01484 | −0.082% | $8.3M | $46.0M | 50x | |
| MEXC COTI_USDT | −0.6438% | 4h | 0.01484 | −0.040% | $11.9M | $2.3M | 50x | as long as short |
| Aster COTIUSDT | −0.6224% | 4h | 0.01484 | −0.052% | $13K | $366K | 5x | as long as short |
| KuCoin COTIUSDTM | −0.5842% | 4h | 0.01491 | +0.404% | $1.8M | $2.3M | 50x | as long as short |
| Bitget COTIUSDTlong | −0.4680% | 4h | 0.01485 | long leg | $3.4M | $3.5M | 50x | |
| BloFin COTI-USDT | −0.4508% | 4h | 0.01473 | −0.795% | $458K | $657K | 50x | as long as short |
| Bybit COTIUSDT | −0.2655% | 8h | 0.01486 | +0.061% | $3.8M | $9.8M | 50x | as long as short |
| Variational Omni COTI | −0.1919% | 8h | 0.01475 | −0.684% | $30K | $39K | — | as long as short |
| BingX COTI-USDT | −0.1826% | 4h | 0.01484 | −0.061% | — | $1.6M | — | as long as short |
Gate COTI_USDT
MEXC COTI_USDT
Aster COTIUSDT
KuCoin COTIUSDTM
BloFin COTI-USDT
Bybit COTIUSDT
Variational Omni COTI
BingX COTI-USDT