COTI

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0341%/8h= +37.4% APRnext payment +$1.71 per $10,000 · paid last 24h −0.024%

Price spread now: Bitget against BloFin+0.130%7-day average +0.087% · you sell dearer than you buy

Net, funding: paid 7d − costs−$141as in the Funding arb table

Net, price: spread back to 7d avg − costs−$118as in the Price arb table

costs, in and out, $10k−$1231.226% of the position

Long on BloFin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.189%−$19 on $10k

Price spread, last 3 days (all we have)−0.421%−$42 · spread now +0.130%, 7d avg +0.087%

Together, before fees−0.610%−$61 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Bitget is 0.042% dearer against BloFin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.087%. Mind the row above: over the last 7 days funding on this pair cost −0.189%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.189% in total (about -9.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.71 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	0.01467	−0.0241	get 0.0121% / 4h	3h 06m	$417K	$517K	50x
Short	Bitget COTIUSDT	0.01469	0.0100	get 0.0050% / 4h	3h 06m	$3.2M	$2.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.130%Rate

Funding earned: $71.68
Price spread: +0.130% → +0.087%: $4.21
Slippage, 4 orders: −$98.56
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$46.67
Costs to cover: 1.226%
Break-even: 11.6 days

Slippage from BloFin: live order book, 64 min ago; Bitget: live order book, 1 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, 64 min ago	8.70 bp	30.3 bp −$30	71.4 bp −$714	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	6.80 bp	27.9 bp −$28	120.4 bp −$1,204	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
Aster COTIUSDT	−0.0613%	4h	0.01468	+0.058%	$8K	$293K	5x	as long as short
Binance COTIUSDT	−0.0481%	4h	0.01463	−0.276%	$7.6M	$37.3M	50x	as long as short
MEXC COTI_USDT	−0.0480%	4h	0.01464	−0.218%	$12.4M	$2.0M	50x	as long as short
BloFin COTI-USDTlong	−0.0241%	4h	0.01467	long leg	$417K	$517K	50x
Bybit COTIUSDT	+0.0100%	8h	0.01466	−0.075%	$3.7M	$8.2M	50x	as long as short
Gate COTI_USDT	+0.0100%	4h	0.01469	+0.130%	$434K	$927K	25x	as long as short
KuCoin COTIUSDTM	+0.0100%	4h	0.01470	+0.198%	$1.9M	$1.8M	50x	as long as short
Bitget COTIUSDTshort	+0.0100%	4h	0.01469	+0.130%	$3.2M	$2.7M	50x
BingX COTI-USDT	+0.0100%	4h	0.01466	−0.061%	—	$1.6M	—	as long as short
Variational Omni COTI	+0.0100%	8h	0.01471	+0.290%	$30K	$37K	—	as long as short