Funding you earn now, next payment 04:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.20 per $10,000 · paid last 24h −0.029%
Price spread now: KuCoin against Gate+0.068%7-day average −0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$223as in the Funding arb table
Net, price: spread back to 7d avg − costs−$202as in the Price arb table
costs, in and out, $10k−$2182.176% of the position
Funding, last 7 days−0.057%−$6 on $10k
+Price spread, last 7 days−0.116%−$12 · spread now +0.068%, 7d avg −0.086%
=The price spread pays, funding is against you. KuCoin is 0.154% dearer against Gate than usual: you sell high and buy low (spread +0.068% now, against its 7-day average of −0.086%): +$15 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 13 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate COTI_USDT | 0.01468 | −0.2680 | get 0.1340% / 4h | 20m 45s | $437K | $1.1M | 25x |
| Short | KuCoin COTIUSDTM | 0.01469 | −0.2720 | pay 0.1360% / 4h | 20m 45s | $1.8M | $2.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$8.4
- Price spread: +0.068% → −0.086%
- $15.44
- Slippage, 4 orders
- −$190.6
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$210.56
- Costs to cover
- 2.176%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; KuCoin: 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 Gate live order book, 1 min ago | 6.83 bp | 58.0 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 6.82 bp | 59.4 bp −$59 | 312.1 bp −$3,121 | 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 | −0.3198% | 4h | 0.01465 | −0.227% | $7.9M | $43.0M | 50x | as long as short |
| MEXC COTI_USDT | −0.3156% | 4h | 0.01466 | −0.136% | $12.0M | $2.2M | 50x | as long as short |
| Aster COTIUSDT | −0.3139% | 4h | 0.01466 | −0.110% | $11K | $332K | 5x | as long as short |
| KuCoin COTIUSDTMshort | −0.2720% | 4h | 0.01469 | +0.068% | $1.8M | $2.2M | 50x | |
| Gate COTI_USDTlong | −0.2680% | 4h | 0.01468 | long leg | $437K | $1.1M | 25x | |
| BloFin COTI-USDT | −0.2239% | 4h | 0.01465 | −0.238% | $441K | $638K | 50x | as long as short |
| Bybit COTIUSDT | −0.1284% | 8h | 0.01465 | −0.232% | $3.7M | $9.4M | 50x | as long as short |
| Bitget COTIUSDT | −0.1230% | 4h | 0.01465 | −0.204% | $3.3M | $3.2M | 50x | as long as short |
| BingX COTI-USDT | −0.0792% | 4h | 0.01467 | −0.075% | — | $1.6M | — | as long as short |
| Variational Omni COTI | −0.0384% | 8h | 0.01464 | −0.270% | $29K | $38K | — | as long as short |
Gate COTI_USDT
KuCoin COTIUSDTM
Binance COTIUSDT
MEXC COTI_USDT
Aster COTIUSDT
BloFin COTI-USDT
Bybit COTIUSDT
Bitget COTIUSDT
BingX COTI-USDT
Variational Omni COTI