Funding you earn now, next payment 08:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.16 per $10,000 · paid last 24h −0.001%
Price spread now: Binance against MEXC−0.035%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$530.526% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 7 days+0.047%+$5 · spread now −0.035%, 7d avg +0.010%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.045% cheaper against MEXC than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.010%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC COTI_USDT | 0.01463 | −0.4690 | get 0.2345% / 4h | 3h 27m | $11.9M | $2.3M | 50x |
| Short | Binance COTIUSDT | 0.01462 | −0.4722 | pay 0.2361% / 4h | 3h 27m | $8.0M | $44.1M | 50x |
MEXC COTI_USDT
Binance COTIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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
- −$6.67
- Price spread: −0.035% → +0.010%
- −$4.46
- Slippage, 4 orders
- −$38.58
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$63.71
- Costs to cover
- 0.526%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 6 min ago; Binance: live order book, 15 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 MEXC live order book, 6 min ago | 1.71 bp | 10.4 bp −$10 | 28.6 bp −$286 | 63.1 bp −$6,306 | 199.1 bp −$99.5K |
| Sell Binance live order book, 15 min ago | 0.34 bp | 15.4 bp −$15 | 80.1 bp −$801 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate COTI_USDT | −0.5864% | 4h | 0.01467 | +0.273% | $436K | $1.1M | 25x | as long as short |
| Binance COTIUSDTshort | −0.4722% | 4h | 0.01462 | −0.035% | $8.0M | $44.1M | 50x | |
| MEXC COTI_USDTlong | −0.4690% | 4h | 0.01463 | long leg | $11.9M | $2.3M | 50x | |
| Aster COTIUSDT | −0.4528% | 4h | 0.01465 | +0.137% | $11K | $352K | 5x | as long as short |
| KuCoin COTIUSDTM | −0.4256% | 4h | 0.01466 | +0.205% | $1.8M | $2.3M | 50x | as long as short |
| BloFin COTI-USDT | −0.3260% | 4h | 0.01463 | +0.014% | $443K | $640K | 50x | as long as short |
| Bitget COTIUSDT | −0.2834% | 4h | 0.01464 | +0.068% | $3.3M | $3.3M | 50x | as long as short |
| Bybit COTIUSDT | −0.2026% | 8h | 0.01462 | −0.048% | $3.7M | $9.6M | 50x | as long as short |
| BingX COTI-USDT | −0.1390% | 4h | 0.01463 | +0.014% | — | $1.6M | — | as long as short |
| Variational Omni COTI | −0.1040% | 8h | 0.01464 | +0.085% | $29K | $39K | — | as long as short |
Gate COTI_USDT
Aster COTIUSDT
KuCoin COTIUSDTM
BloFin COTI-USDT
Bitget COTIUSDT
Bybit COTIUSDT
BingX COTI-USDT
Variational Omni COTI