COTI funding rates

COTI perpetual funding across 7 venues. Rates are annualized (APR); positive means longs pay shorts.

· refreshed every 5 min

Best pair · 7d
3.0%long MEXC, short Variational · net 1.9%
Highest funding now
10.9%Aster
Lowest funding now
−155%GateCEX
Listed on
7 venues

Funding by venue

7d chartFlagsOpen
AsterCOTIUSDT10.9%10.9%9.3%−63.4%9.0%93%4h12:000.01361$28k$27kAsAster
BinanceCEXCOTIUSDT10.9%10.9%8.7%−97.0%—96%4h12:000.01359$6.1M$7.3MBnBinance
BybitCEXCOTIUSDT10.9%10.9%10.9%−53.0%10.9%100%8h16:000.0136$1.6M$408kByBybit
BitgetCEXCOTIUSDT10.9%10.9%10.1%−42.8%9.9%98%4h12:000.01359$2.9M$680kBgBitget
MEXCCEXCOTI_USDT10.9%10.9%8.0%−66.0%7.5%93%4h12:000.01358$2.3M$358kMxMEXC
VariationalCOTI10.9%10.9%10.9%−27.2%10.9%100%8h—0.01363$16k$8kVaVariational
GateCEXCOTI_USDT−155%5.9%8.7%−51.1%9.2%95%4h12:000.01359$365k$125kGtGate

Sparklines: hourly funding APR over the last 7 days, zero line dashed.

Long/short pairs

Funding spreads, annualized: short-leg rate minus long-leg rate.
Spread APRAfter taker feesQuality
7d trendFlagsOpenCalc
MEXCCEXVariational0.0%0.0%3.0%38.9%1.9%2.9%4.9dweak$16klow OI4h/8hspread not incl.MxVacalc
BinanceCEXVariational0.0%0.0%2.3%48.7%−0.3%−0.5%16dnew$16klow OI4h/8hspread not incl.BnVacalc
AsterVariational0.0%0.0%1.6%36.2%−0.4%−0.7%18dweak$16klow OI4h/8hspread not incl.AsVacalc
MEXCCEXBybitCEX0.0%0.0%3.0%13.0%−0.9%−1.4%18dweak$1.6M4h/8hMxBycalc
MEXCCEXBitgetCEX0.0%0.0%2.1%23.2%−2.1%−3.1%28dweak$2.3MMxBgcalc
BinanceCEXBybitCEX0.0%0.0%2.3%10.1%−3.2%−4.8%34dnew$1.6M4h/8hBnBycalc
GateCEXVariational166%5.1%2.2%23.9%−1.7%−2.5%24dweak$16klow OI4h/8hspread not incl.GtVacalc
MEXCCEXAster0.0%0.0%1.3%2.6%−1.8%−2.7%33dweak$28klow OIMxAscalc
BinanceCEXMEXCCEX0.0%0.0%0.0%−0.6%−3.6%−5.5%>999dnew$2.3MBnMxcalc
MEXCCEXGateCEX−166%−5.1%0.7%14.9%−4.2%−6.3%96dweak$365kMxGtcalc
BitgetCEXVariational0.0%0.0%0.9%15.7%−2.2%−3.4%49dweak$16klow OI4h/8hspread not incl.BgVacalc
GateCEXBybitCEX166%5.1%2.2%−1.9%−4.5%−6.8%42dweak$365k4h/8hGtBycalc
BinanceCEXBitgetCEX0.0%0.0%0.8%29.2%−4.9%−7.4%101dnew$2.9MBnBgcalc
GateCEXBinanceCEX166%5.1%1.5%−18.6%−5.0%−7.6%62dnew$365kGtBncalc
BitgetCEXBybitCEX0.0%0.0%0.9%−10.2%−5.1%−7.7%95dweak$1.6M4h/8hBgBycalc
GateCEXMEXCCEX166%5.1%−0.7%−14.9%−5.7%−8.5%—weak$365kGtMxcalc
GateCEXBitgetCEX166%5.1%1.4%8.3%−5.7%−8.5%72dweak$365kGtBgcalc
AsterBybitCEX0.0%0.0%1.6%10.4%−3.3%−5.0%42dweak$28klow OI4h/8hAsBycalc
BinanceCEXAster0.0%0.0%1.1%4.1%−3.6%−5.4%62dnew$28klow OIBnAscalc
AsterBitgetCEX0.0%0.0%0.8%20.6%−4.5%−6.7%96dweak$28klow OIAsBgcalc
GateCEXAster166%5.1%0.6%−12.3%−5.4%−8.1%140dweak$28klow OIGtAscalc
What the columns and badges mean
now
Current funding spread APR: short-leg rate minus long-leg rate, annualized.
24h
Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d
Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
30d
Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d trend
Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
Net APR
7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
On capital
Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
Breakeven
Days of 7d-average funding needed to pay back open+close taker fees.
Min OI
Smaller open interest of the two legs, USD.
steady
Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
spike
The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
mixed
The spread was negative too often: not negative in only X% of hours over 7 days.
new
Less than 4 days of shared history in the prior week: stability cannot be judged yet.
weak
Prior-week spread under 5% APR: too small to call steady.
cooling
The prior week was solid, but the last 24h or the current spread is not positive.
≠ asset?
Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
stale
At least one leg has not updated for over 30 minutes.
low OI
Open interest under $50k on at least one leg — size carefully.
8h/1h
Funding intervals differ (8h vs 1h): payments are not simultaneous.
TradFi
Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
invite only
Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
spread not incl.
A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
CEX
Centralized exchange: trading needs an account with identity verification (KYC).

Prices now

Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.

Indicative · marks from 2026-10-12 08:06 UTC

Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.

Indicative (mark or mid prices): buy on MEXC at 0.013583, sell on Variational at 0.0136348: 0.381% before fees, 0.341% after taker fees.

COTI: spread buying on the row's venue and selling on the column's venue
Buy ↓ · Sell →Variational0.0136348Aster0.0136051Bybit0.013598Bitget0.01359Gate0.01359Binance0.013587MEXC0.013583
MEXC0.0135830.381%0.162%0.110%0.052%0.052%0.029%—
Binance0.0135870.351%0.133%0.081%0.022%0.022%—−0.029%
Bitget0.013590.329%0.111%0.059%—0.000%−0.022%−0.052%
Gate0.013590.329%0.111%0.059%0.000%—−0.022%−0.052%
Bybit0.0135980.271%0.052%—−0.059%−0.059%−0.081%−0.110%
Aster0.01360510.219%—−0.052%−0.111%−0.111%−0.133%−0.162%
Variational0.0136348—−0.219%−0.271%−0.329%−0.329%−0.351%−0.381%
All quotes (7)
VenueBidAskQualityAgeVol 24hFlags
Aster0.01360510.0136051mark4m$27kno FX
BinanceCEX0.0135870.013587mark3m$7.3Mno FX
BitgetCEX0.013590.01359mark3m$680kno FX
BybitCEX0.0135980.013598mark3m$408kno FX
GateCEX0.013590.01359mark3m$125kno FX
MEXCCEX0.0135830.013583mark4m$358kno FX
Variational0.01363480.0136348mark4m$8k

All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.

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