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

COTI

all COTI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0450%/8h= +49.3% APRnext payment +$2.25 per $10,000 · paid last 24h −0.074%
Price spread now: Aster against KuCoin−0.152%7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$243as in the Funding arb table
Net, price: spread back to 7d avg − costs−$257as in the Price arb table
costs, in and out, $10k−$2392.392% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.037%−$4 on $10k
Price spread, last 4 days (all we have)+0.351%+$35 · spread now −0.152%, 7d avg +0.026%
Together, before fees+0.314%+ Points / potential airdropAster: Stage 5 · farm board+$31 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.178% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.152% now, against its 7-day average of +0.026%). If the spread goes back, that is −$18 on $10k: about 32 hours of funding at the current rate (+$13 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.037% in total (about -1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.25 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
LongKuCoin COTIUSDTM0.01509−0.8406get 0.4203% / 4h1h 02m$1.9M$2.5M50x
ShortAster COTIUSDT0.01507−0.7956pay 0.3978% / 4h1h 02m$12K$418K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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
$94.49
Price spread: −0.152% → +0.026%
−$17.85
Slippage, 4 orders
−$219.19
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$162.55
Costs to cover
2.392%
Break-even
19.0 days
Slippage from KuCoin: live order book, 4 min ago; Aster: live order book, 39 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 KuCoin live order book, 4 min ago13.27 bp75.0 bp −$75doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 39 min ago8.32 bp34.7 bp −$35doesn'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
KuCoin COTIUSDTMlong−0.8406%4h0.01509long leg$1.9M$2.5M50x
Binance COTIUSDT−0.8246%4h0.01501−0.512%$8.5M$49.1M50xas long as short
MEXC COTI_USDT−0.8244%4h0.01502−0.490%$12.0M$2.4M50xas long as short
Aster COTIUSDTshort−0.7956%4h0.01507−0.152%$12K$418K5x
Bitget COTIUSDT−0.7526%4h0.01502−0.464%$3.5M$3.9M50xas long as short
Gate COTI_USDT−0.6234%4h0.01508−0.066%$522K$1.3M25xas long as short
BloFin COTI-USDT−0.5772%4h0.01498−0.749%$474K$663K50xas long as short
Bybit COTIUSDT−0.3449%8h0.01500−0.596%$3.9M$10.2M50xas long as short
Variational Omni COTI−0.3027%8h0.01503−0.395%$32K$41Kas long as short
BingX COTI-USDT−0.2406%4h0.01505−0.265%$1.7Mas long as short