Funding you earn now, next payment 08:00 UTC+0.2474%/8h= +270.9% APRnext payment +$12.37 per $10,000 · paid last 24h +0.107%
Price spread now: BloFin against MEXC−0.299%79s7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$600.596% of the position
Funding, last 7 days+0.344%+$34 on $10k
+Price spread, last 4 days (all we have)+0.845%+$85 · spread now −0.299%, 7d avg −0.003%
=Funding pays, the price is against you. BloFin is 0.297% cheaper against MEXC than usual: you would sell low and buy high (spread −0.299% now, against its 7-day average of −0.003%). If the spread goes back, that is −$30 on $10k: about 10 hours of funding at the current rate (+$74 a day). At the pace of the last 7 days (+0.344% in total) that is about 6.0 days. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.344% in total (about 18.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$12.37 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 | MEXC COTI_USDT | 0.01504 | −0.8250 | get 0.4125% / 4h | 59m 52s | $12.0M | $2.4M | 50x |
| Short | BloFin COTI-USDT | 0.01499 | −0.5776 | pay 0.2888% / 4h | 59m 52s | $475K | $664K | 50x |
MEXC COTI_USDT
BloFin COTI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $519.51
- Price spread: −0.299% → −0.003%
- −$29.65
- Slippage, 4 orders
- −$43.57
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $430.29
- Costs to cover
- 0.596%
- Break-even
- 1.2 days
Slippage from MEXC: live order book, 3 min ago; BloFin: live order book, 22 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, 3 min ago | 1.66 bp | 8.7 bp −$9 | 33.8 bp −$338 | 74.5 bp −$7,449 | 195.7 bp −$97.9K |
| Sell BloFin live order book, 22 min ago | 4.94 bp | 21.6 bp −$22 | 70.1 bp −$701 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin COTIUSDTM | −0.8350% | 4h | 0.01507 | +0.219% | $1.9M | $2.5M | 50x | as long as short |
| MEXC COTI_USDTlong | −0.8250% | 4h | 0.01504 | long leg | $12.0M | $2.4M | 50x | |
| Binance COTIUSDT | −0.8241% | 4h | 0.01503 | −0.056% | $8.6M | $49.2M | 50x | as long as short |
| Aster COTIUSDT | −0.7957% | 4h | 0.01503 | −0.060% | $12K | $420K | 5x | as long as short |
| Bitget COTIUSDT | −0.7496% | 4h | 0.01504 | +0.020% | $3.5M | $3.9M | 50x | as long as short |
| Gate COTI_USDT | −0.6196% | 4h | 0.01505 | +0.086% | $521K | $1.3M | 25x | as long as short |
| BloFin COTI-USDTshort | −0.5776% | 4h | 0.01499 | −0.299% | $475K | $664K | 50x | |
| Bybit COTIUSDT | −0.3495% | 8h | 0.01503 | −0.013% | $3.9M | $10.2M | 50x | as long as short |
| Variational Omni COTI | −0.3106% | 8h | 0.01499 | −0.313% | $32K | $41K | — | as long as short |
| BingX COTI-USDT | −0.2406% | 4h | 0.01503 | −0.027% | — | $1.7M | — | as long as short |
KuCoin COTIUSDTM
Binance COTIUSDT
Aster COTIUSDT
Bitget COTIUSDT
Gate COTI_USDT
Bybit COTIUSDT
Variational Omni COTI
BingX COTI-USDT