Funding you earn now, next payment 04:00 UTC−0.0400%/8h= −43.8% APRnext payment −$2.00 per $10,000 · paid last 24h −0.074%
Price spread now: Aster against Gate+0.178%7-day average −0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$354as in the Funding arb table
Net, price: spread back to 7d avg − costs−$318as in the Price arb table
costs, in and out, $10k−$3453.449% of the position
Funding, last 7 days−0.088%−$9 on $10k
+Price spread, last 4 days (all we have)+0.282%+$28 · spread now +0.178%, 7d avg −0.093%
=Together, before fees+0.194%+ Points / potential airdropAster: Stage 5 · farm board+$19 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.271% dearer against Gate than usual: you sell high and buy low (spread +0.178% now, against its 7-day average of −0.093%): +$27 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 2.3 days. At the pace of the last 7 days (−0.088% in total) that is about 22 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.088% in total (about -4.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.00 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 | Gate COTI_USDT | 0.01459 | −0.3292 | get 0.1646% / 4h | 2m 04s | $426K | $1.1M | 25x |
| Short | Aster COTIUSDT | 0.01462 | −0.3692 | pay 0.1846% / 4h | 2m 04s | $11K | $334K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Gate. 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
- −$84.05
- Price spread: +0.178% → −0.093%
- $27.09
- Slippage, 4 orders
- −$321.95
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$401.91
- Costs to cover
- 3.449%
- Break-even
- never at this rate
Slippage from Gate: live order book, 10 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 10 min ago | 6.80 bp | 56.5 bp −$56 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 55 min ago | 9.66 bp | 150.5 bp −$150 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance COTIUSDT | −0.3800% | 4h | 0.01455 | −0.280% | $7.9M | $43.5M | 50x | as long as short |
| MEXC COTI_USDT | −0.3766% | 4h | 0.01456 | −0.226% | $11.9M | $2.3M | 50x | as long as short |
| Aster COTIUSDTshort | −0.3692% | 4h | 0.01462 | +0.178% | $11K | $334K | 5x | |
| KuCoin COTIUSDTM | −0.3342% | 4h | 0.01457 | −0.137% | $1.7M | $2.3M | 50x | as long as short |
| Gate COTI_USDTlong | −0.3292% | 4h | 0.01459 | long leg | $426K | $1.1M | 25x | |
| BloFin COTI-USDT | −0.2637% | 4h | 0.01451 | −0.555% | $440K | $639K | 50x | as long as short |
| Bitget COTIUSDT | −0.1912% | 4h | 0.01456 | −0.206% | $3.3M | $3.3M | 50x | as long as short |
| Bybit COTIUSDT | −0.1611% | 8h | 0.01454 | −0.315% | $3.7M | $9.5M | 50x | as long as short |
| BingX COTI-USDT | −0.1118% | 4h | 0.01455 | −0.267% | — | $1.6M | — | as long as short |
| Variational Omni COTI | −0.0601% | 8h | 0.01456 | −0.172% | $29K | $39K | — | as long as short |
Gate COTI_USDT
Aster COTIUSDT
Binance COTIUSDT
MEXC COTI_USDT
KuCoin COTIUSDTM
BloFin COTI-USDT
Bitget COTIUSDT
Bybit COTIUSDT
BingX COTI-USDT
Variational Omni COTI