Funding you earn now, next payment 16:00 UTC−0.0186%/8h= −20.4% APRnext payment −$1.86 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Binance+0.056%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1631.628% of the position
Funding, last 7 days−0.053%−$5 on $10k
+Price spread, last 4 days (all we have)−0.085%−$8 · spread now +0.056%, 7d avg +0.009%
=The price spread pays, funding is against you. SunX is 0.047% dearer against Binance than usual: you sell high and buy low (spread +0.056% now, against its 7-day average of +0.009%): +$5 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 20 hours. At the pace of the last 7 days (−0.053% in total) that is about 6.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.053% in total (about -2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.86 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance COHRUSDT | 319.96 | 0.0186 | pay 0.0186% / 8h | 5h 53m | $7.5M | $11.3M | 25x |
| Short | SunX COHR-USDT | 320.14 | 0 | get 0.0000% / 8h | 5h 53m | — | $1.7M | 10x |
Binance COHRUSDT
SunX COHR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Binance. 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
- −$39.06
- Price spread: +0.056% → +0.009%
- $4.7
- Slippage, 4 orders
- −$144.84
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$197.2
- Costs to cover
- 1.628%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; SunX: live order book, 7 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 Binance live order book, 10 min ago | 0.16 bp | 16.3 bp −$16 | 44.4 bp −$444 | 169.1 bp −$16.9K | doesn't fit |
| Sell SunX live order book, 7 min ago | 45.03 bp | 64.4 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
COHR on 15 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COHRUSDT | −0.0266% | 8h | 319.82 | −0.044% | $1.8M | $1.5M | 20x | as long as short |
| Aster COHRUSDT | 0.0000% | 8h | 319.64 | −0.101% | $49K | $45K | 20x | as long as short |
| Bybit COHRUSDT | 0.0000% | 8h | 319.68 | −0.088% | $986K | $671K | 25x | as long as short |
| Gate COHR_USDT | 0.0000% | 8h | 319.82 | −0.044% | $647K | $1.1M | 25x | as long as short |
| SunX COHR-USDTshort | 0.0000% | 8h | 320.14 | +0.056% | — | $1.7M | 10x | |
| HTX COHR-USDT | 0.0000% | 8h | 319.79 | −0.053% | $5K | $39K | 10x | as long as short |
| OKX COHR-USDT-SWAP | +0.0019% | 8h | 319.86 | −0.031% | $1.1M | $2.1M | 25x | as long as short |
| Paragon para:COHR | +0.0056% | 1h | 319.52 | −0.138% | $473K | $167K | 10x | as long as short |
| QFEX COHR-USD | +0.0066% | 1h | 319.94 | −0.006% | $1.2M | $2.5M | 10x | as long as short |
| KuCoin COHRUSDTM | +0.0100% | 8h | 319.50 | −0.144% | $371K | $395K | 20x | as long as short |
Bitget COHRUSDT
Aster COHRUSDT
Bybit COHRUSDT
Gate COHR_USDT
HTX COHR-USDT
OKX COHR-USDT-SWAP
Paragon para:COHR
QFEX COHR-USD
KuCoin COHRUSDTMShow all 15 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo COHR-PERP | +0.0104% | 1h | 319.96 | +0.001% | — | — | 10x | as long as short |
| BloFin COHR-USDT | +0.0162% | 8h | 320.18 | +0.069% | $538 | $120K | 20x | as long as short |
| Extended COHR-USD | +0.0184% | 1h | 319.79 | −0.052% | $35K | $279K | 10x | as long as short |
| Binance COHRUSDTlong | +0.0186% | 8h | 319.96 | long leg | $7.5M | $11.3M | 25x | |
| GRVT COHR_USDT_Perp | +0.1334% | 8h | 319.34 | −0.192% | $2K | $154K | 10x | as long as short |
Aevo COHR-PERP
BloFin COHR-USDT
Extended COHR-USD
GRVT COHR_USDT_Perp