COTI Funding Rate — live across 9 venues
Compared across 9 supported venues · net of estimated fees · updated every few minutes
Live annualized COTI perpetual funding across all 9 venues Perpia tracks. Right now COTI funding is positive on 2 and negative on 7, ranging from +10.9% on Bybit to -58.9% on Aster — a spread of 69.9%. The widest delta-neutral trade is long Aster / short Bybit at 64.8% net APR.
COTI funding trend & liquidity
168h of historyAverages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.
COTI funding rate history
30d · 6h buckets · 8 venuesAnnualized funding, averaged into 6-hour buckets. The bold line is the mean across venues quoting in that bucket; the faint lines are individual venues. Mean over the window: -281.5%. A break in a line means no data was recorded for that stretch, not a zero rate.
COTI funding rate by venue
20 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| Bybit↗ | +10.9% | 8h |
| Variational↗ | +10.9% | 8h |
| Gate.io↗ | -23.9% | 4h |
| Bitget↗ | -30.0% | 4h |
| KuCoin↗ | -39.9% | 4h |
| BingX↗ | -42.0% | 4h |
| MEXC↗ | -43.8% | 4h |
| Binance↗ | -44.2% | 4h |
| Aster↗ | -58.9% | 1h |
Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the Aster vs Bybit page.
COTI funding — FAQ
Is COTI funding positive right now?
COTI perpetual funding is positive on 2 of 9 venues Perpia tracks and negative on 7. The highest is +10.9% on Bybit; the lowest is -58.9% on Aster.
What is the best COTI funding arbitrage right now?
Go long Aster and short Bybit for about 64.8% net APR after fees — the widest delta-neutral COTI spread Perpia currently sees.
Which exchange has the highest COTI funding rate?
Bybit, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.
How COTI funding arbitrage works
Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.
Markets related to COTI
Markets also quoted on both Aster and Bybit — the same two exchanges you would already have funded for the COTI trade.
See every spread between them on the Aster vs Bybit page.