Funding you earn now, next payment 12:00 UTC−0.0371%/8h= −40.6% APRnext payment −$1.85 per $10,000 · paid last 24h −0.161%
Price spread now: Binance against Gate−0.040%7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1421.419% of the position
Funding, last 7 days−0.138%−$14 on $10k
+Price spread, last 7 days+0.111%+$11 · spread now −0.040%, 7d avg −0.059%
=The price spread sits at its 7-day average of −0.059%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.138% in total (about -7.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.85 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 | 0.01500 | −0.6742 | get 0.3371% / 4h | 3h 14m | $511K | $1.4M | 25x |
| Short | Binance COTIUSDT | 0.01499 | −0.7113 | pay 0.3556% / 4h | 3h 14m | $8.8M | $51.4M | 50x |
Gate COTI_USDT
Binance COTIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$77.88
- Price spread: −0.040% → −0.059%
- $1.94
- Slippage, 4 orders
- −$116.86
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$217.8
- Costs to cover
- 1.419%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; Binance: live order book, 12 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, 2 min ago | 3.34 bp | 52.5 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 2.33 bp | 21.6 bp −$22 | 89.4 bp −$894 | 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 | −0.7120% | 4h | 0.01500 | −0.027% | $11.9M | $2.5M | 50x | as long as short |
| Binance COTIUSDTshort | −0.7113% | 4h | 0.01499 | −0.040% | $8.8M | $51.4M | 50x | |
| Aster COTIUSDT | −0.6972% | 4h | 0.01499 | −0.067% | $12K | $450K | 5x | as long as short |
| BingX COTI-USDT | −0.6776% | 4h | 0.01498 | −0.113% | — | $1.8M | — | as long as short |
| Gate COTI_USDTlong | −0.6742% | 4h | 0.01500 | long leg | $511K | $1.4M | 25x | |
| Bitget COTIUSDT | −0.6012% | 4h | 0.01497 | −0.200% | $3.6M | $4.1M | 50x | as long as short |
| KuCoin COTIUSDTM | −0.5872% | 4h | 0.01500 | 0.000% | $2.1M | $2.6M | 50x | as long as short |
| Bybit COTIUSDT | −0.5000% | 8h | 0.01496 | −0.260% | $3.9M | $10.5M | 50x | as long as short |
| BloFin COTI-USDT | −0.4979% | 4h | 0.01496 | −0.253% | $491K | $685K | 50x | as long as short |
| Variational Omni COTI | −0.4359% | 8h | 0.01494 | −0.391% | $32K | $41K | — | as long as short |
MEXC COTI_USDT
Aster COTIUSDT
BingX COTI-USDT
Bitget COTIUSDT
KuCoin COTIUSDTM
Bybit COTIUSDT
BloFin COTI-USDT
Variational Omni COTI