Settings8H · net · $10k
Funding arb · Price arb /

COTI

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate COTI_USDT0.01459−0.3292get 0.1646% / 4h2m 04s$426K$1.1M25x
ShortAster COTIUSDT0.01462−0.3692pay 0.1846% / 4h2m 04s$11K$334K5x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 10 min ago6.80 bp56.5 bp −$56doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 55 min ago9.66 bp150.5 bp −$150doesn't fitdoesn't fitdoesn't fit

COTI on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance COTIUSDT−0.3800%4h0.01455−0.280%$7.9M$43.5M50xas long as short
MEXC COTI_USDT−0.3766%4h0.01456−0.226%$11.9M$2.3M50xas long as short
Aster COTIUSDTshort−0.3692%4h0.01462+0.178%$11K$334K5x
KuCoin COTIUSDTM−0.3342%4h0.01457−0.137%$1.7M$2.3M50xas long as short
Gate COTI_USDTlong−0.3292%4h0.01459long leg$426K$1.1M25x
BloFin COTI-USDT−0.2637%4h0.01451−0.555%$440K$639K50xas long as short
Bitget COTIUSDT−0.1912%4h0.01456−0.206%$3.3M$3.3M50xas long as short
Bybit COTIUSDT−0.1611%8h0.01454−0.315%$3.7M$9.5M50xas long as short
BingX COTI-USDT−0.1118%4h0.01455−0.267%$1.6Mas long as short
Variational Omni COTI−0.0601%8h0.01456−0.172%$29K$39Kas long as short