Funding you earn now, next payment 00:00 UTC+0.0026%/8h= +2.8% APRpaid last 24h +0.028%
Price spread now: Bybit against MEXC+0.073%7-day average +0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$196as in the Price arb table
costs, in and out, $10k−$1941.942% of the position
Funding, last 7 days+0.345%+$34 on $10k
+Price spread, last 7 days+0.008%+$1 · spread now +0.073%, 7d avg +0.096%
=Funding pays, the price is against you. Bybit is 0.022% cheaper against MEXC than usual: you would sell low and buy high (spread +0.073% now, against its 7-day average of +0.096%). If the spread goes back, that is −$2 on $10k: about 2.9 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.345% in total) that is about 11 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC COTI_USDT | 0.01503 | 0.0074 | pay 0.0037% / 4h | 1h 19m | $12.8M | $1.7M | 50x |
| Short | Bybit COTIUSDT | 0.01504 | 0.0100 | get 0.0100% / 8h | 1h 19m | $3.8M | $7.1M | 50x |
MEXC COTI_USDT
Bybit COTIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $5.46
- Price spread: +0.073% → +0.096%
- −$2.25
- Slippage, 4 orders
- −$179.16
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$190.95
- Costs to cover
- 1.942%
- Break-even
- 251.8 days
Slippage from MEXC: live order book, 4 min ago; Bybit: live order book, 4 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, 4 min ago | 1.33 bp | 7.8 bp −$8 | 37.8 bp −$378 | 76.5 bp −$7,653 | 197.3 bp −$98.6K |
| Sell Bybit live order book, 4 min ago | 4.32 bp | 89.9 bp −$90 | 219.6 bp −$2,196 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster COTIUSDT | −0.0142% | 4h | 0.01502 | −0.057% | $9K | $284K | 5x | as long as short |
| MEXC COTI_USDTlong | +0.0074% | 4h | 0.01503 | long leg | $12.8M | $1.7M | 50x | |
| Binance COTIUSDT | +0.0075% | 4h | 0.01503 | −0.033% | $7.3M | $33.5M | 50x | as long as short |
| Bybit COTIUSDTshort | +0.0100% | 8h | 0.01504 | +0.073% | $3.8M | $7.1M | 50x | |
| Gate COTI_USDT | +0.0100% | 4h | 0.01503 | −0.013% | $433K | $857K | 25x | as long as short |
| KuCoin COTIUSDTM | +0.0100% | 4h | 0.01503 | −0.013% | $1.9M | $1.5M | 50x | as long as short |
| Bitget COTIUSDT | +0.0100% | 4h | 0.01506 | +0.186% | $3.3M | $2.4M | 50x | as long as short |
| Variational Omni COTI | +0.0100% | 8h | 0.01503 | +0.007% | $25K | $28K | — | as long as short |
| BingX COTI-USDT | +0.0200% | 4h | 0.01504 | +0.060% | — | $1.6M | — | as long as short |
| BloFin COTI-USDT | +0.0321% | 4h | 0.01499 | −0.279% | $403K | $448K | 50x | as long as short |
Aster COTIUSDT
Binance COTIUSDT
Gate COTI_USDT
KuCoin COTIUSDTM
Bitget COTIUSDT
Variational Omni COTI
BingX COTI-USDT
BloFin COTI-USDT