COTI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.2125%/8h= −232.7% APRnext payment −$10.62 per $10,000 · paid last 24h −0.133%

Price spread now: Aster against BloFin+0.059%82s7-day average −0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$150as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1111.112% of the position

Long on BloFin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.391%−$39 on $10k

Price spread, last 4 days (all we have)−0.533%−$53 · spread now +0.059%, 7d avg −0.009%

Together, before fees−0.924%+ Points / potential airdropAster: Stage 5 · farm board−$92 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Aster is 0.069% dearer against BloFin than usual: you sell high and buy low (spread +0.059% now, against its 7-day average of −0.009%): +$7 on $10k if it goes back. Holding the pair costs −$64 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−0.391% in total) that is about 30 hours. The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.391% in total (about -20.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$10.62 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	BloFin COTI-USDT	0.01517	−0.5616	get 0.2808% / 4h	39m 52s	$484K	$679K	50x
Short	Aster COTIUSDT	0.01518	−0.7741	pay 0.3870% / 4h	39m 52s	$15K	$423K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee AsterbpOrdersPrice spread, now +0.059%Rate

Funding earned: −$446.2
Price spread: +0.059% → −0.009%: $6.88
Slippage, 4 orders: −$91.24
Fee BloFin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$550.56
Costs to cover: 1.112%
Break-even: never at this rate

Slippage from BloFin: live order book, 42 min ago; Aster: live order book, 62 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 BloFin live order book, 42 min ago	4.94 bp	19.7 bp −$20	74.0 bp −$740	doesn't fit	doesn't fit
Sell Aster live order book, 62 min ago	8.32 bp	34.7 bp −$35	doesn't fit	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
MEXC COTI_USDT	−0.8022%	4h	0.01516	−0.125%	$12.1M	$2.4M	50x	as long as short
Binance COTIUSDT	−0.7992%	4h	0.01514	−0.214%	$8.7M	$49.6M	50x	as long as short
KuCoin COTIUSDTM	−0.7776%	4h	0.01520	+0.171%	$2.0M	$2.5M	50x	as long as short
Aster COTIUSDTshort	−0.7741%	4h	0.01518	+0.059%	$15K	$423K	5x
Bitget COTIUSDT	−0.7124%	4h	0.01513	−0.290%	$3.6M	$4.0M	50x	as long as short
Gate COTI_USDT	−0.5830%	4h	0.01519	+0.105%	$529K	$1.3M	25x	as long as short
BloFin COTI-USDTlong	−0.5616%	4h	0.01517	long leg	$484K	$679K	50x
Bybit COTIUSDT	−0.3638%	8h	0.01514	−0.237%	$4.0M	$10.3M	50x	as long as short
Variational Omni COTI	−0.3386%	8h	0.01518	+0.010%	$33K	$41K	—	as long as short
BingX COTI-USDT	−0.2532%	4h	0.01518	+0.053%	—	$1.7M	—	as long as short