COTI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.27 per $10,000 · paid last 24h −0.062%

Price spread now: MEXC against BloFin+0.194%7-day average −0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs−$99as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$710.713% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.276%−$28 on $10k

Price spread, last 3 days (all we have)−1.123%−$112 · spread now +0.194%, 7d avg −0.040%

Together, before fees−1.399%−$140 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.234% dearer against BloFin than usual: you sell high and buy low (spread +0.194% now, against its 7-day average of −0.040%): +$23 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 14 days. At the pace of the last 7 days (−0.276% in total) that is about 5.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin COTI-USDT	0.01494	0.0072	pay 0.0036% / 4h	1h 05m	$406K	$451K	50x
Short	MEXC COTI_USDT	0.01497	0.0018	get 0.0009% / 4h	1h 05m	$12.7M	$1.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.194%Rate

Funding earned: −$11.34
Price spread: +0.194% → −0.040%: $23.39
Slippage, 4 orders: −$55.34
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$59.29
Costs to cover: 0.713%
Break-even: never at this rate

Slippage from BloFin: live order book, 10 min ago; MEXC: 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 BloFin live order book, 10 min ago	1.98 bp	21.4 bp −$21	68.7 bp −$687	doesn't fit	doesn't fit
Sell MEXC live order book, 8 min ago	2.98 bp	13.3 bp −$13	29.1 bp −$291	61.0 bp −$6,100	194.1 bp −$97.1K

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	−0.0189%	4h	0.01495	+0.017%	$10K	$286K	5x	as long as short
Binance COTIUSDT	+0.0018%	4h	0.01494	−0.054%	$7.3M	$33.9M	50x	as long as short
MEXC COTI_USDTshort	+0.0018%	4h	0.01497	+0.194%	$12.7M	$1.8M	50x
BloFin COTI-USDTlong	+0.0072%	4h	0.01494	long leg	$406K	$451K	50x
Bybit COTIUSDT	+0.0100%	8h	0.01495	+0.040%	$3.8M	$7.2M	50x	as long as short
Gate COTI_USDT	+0.0100%	4h	0.01499	+0.308%	$431K	$867K	25x	as long as short
KuCoin COTIUSDTM	+0.0100%	4h	0.01497	+0.174%	$1.9M	$1.5M	50x	as long as short
Bitget COTIUSDT	+0.0100%	4h	0.01498	+0.241%	$3.2M	$2.4M	50x	as long as short
Variational Omni COTI	+0.0100%	8h	0.01500	+0.401%	$26K	$30K	—	as long as short
BingX COTI-USDT	+0.0200%	4h	0.01496	+0.141%	—	$1.6M	—	as long as short