Funding you earn now, next payment 16:00 UTC+0.0480%/8h= +52.6% APRnext payment +$4.80 per $10,000 · paid last 24h +0.102%
Price spread now: KuCoin against Bitget−0.095%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$248as in the Funding arb table
Net, price: spread back to 7d avg − costs−$268as in the Price arb table
costs, in and out, $10k−$2642.643% of the position
Funding, last 7 days+0.162%+$16 on $10k
+Price spread, last 4 days (all we have)−0.017%−$2 · spread now −0.095%, 7d avg −0.056%
=Funding pays, the price is against you. KuCoin is 0.039% cheaper against Bitget than usual: you would sell low and buy high (spread −0.095% now, against its 7-day average of −0.056%). If the spread goes back, that is −$4 on $10k: about 7 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.162% in total) that is about 41 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.162% in total (about 8.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.80 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 | Bitget COHRUSDT | 315.70 | −0.0380 | get 0.0380% / 8h | 6h 17m | $1.8M | $1.4M | 20x |
| Short | KuCoin COHRUSDTM | 315.40 | 0.0100 | get 0.0100% / 8h | 6h 17m | $366K | $370K | 20x |
Bitget COHRUSDT
KuCoin COHRUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. 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
- $100.8
- Price spread: −0.095% → −0.056%
- −$3.93
- Slippage, 4 orders
- −$240.31
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$167.44
- Costs to cover
- 2.643%
- Break-even
- 18.6 days
Slippage from Bitget: live order book, 2 min ago; KuCoin: live order book, 27 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 Bitget live order book, 2 min ago | 3.64 bp | 19.6 bp −$20 | 47.1 bp −$471 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 27 min ago | 25.33 bp | 89.9 bp −$90 | 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 COHRUSDTlong | −0.0380% | 8h | 315.70 | long leg | $1.8M | $1.4M | 20x | |
| Aster COHRUSDT | 0.0000% | 8h | 315.40 | −0.095% | $48K | $45K | 20x | as long as short |
| Bybit COHRUSDT | 0.0000% | 8h | 315.65 | −0.016% | $972K | $670K | 25x | as long as short |
| OKX COHR-USDT-SWAP | 0.0000% | 8h | 316.05 | +0.111% | $1.1M | $2.1M | 25x | as long as short |
| Gate COHR_USDT | 0.0000% | 8h | 315.71 | +0.003% | $632K | $1.1M | 25x | as long as short |
| SunX COHR-USDT | 0.0000% | 8h | 315.84 | +0.044% | — | $1.8M | 10x | as long as short |
| HTX COHR-USDT | 0.0000% | 8h | 315.66 | −0.013% | $5K | $39K | 10x | as long as short |
| BloFin COHR-USDT | +0.0015% | 8h | 315.54 | −0.051% | $46K | $116K | 20x | as long as short |
| Extended COHR-USD | +0.0024% | 1h | 315.72 | +0.006% | $36K | $277K | 10x | as long as short |
| Binance COHRUSDT | +0.0029% | 8h | 315.74 | +0.013% | $7.3M | $11.1M | 25x | as long as short |
Aster COHRUSDT
Bybit COHRUSDT
OKX COHR-USDT-SWAP
Gate COHR_USDT
SunX COHR-USDT
HTX COHR-USDT
BloFin COHR-USDT
Extended COHR-USD
Binance COHRUSDTShow all 15 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COHR-USD | +0.0050% | 1h | 315.73 | +0.010% | $1.2M | $2.5M | 10x | as long as short |
| Paragon para:COHR | +0.0060% | 1h | 315.45 | −0.079% | $467K | $168K | 10x | as long as short |
| KuCoin COHRUSDTMshort | +0.0100% | 8h | 315.40 | −0.095% | $366K | $370K | 20x | |
| Aevo COHR-PERP | +0.0104% | 1h | 315.50 | −0.063% | — | — | 10x | as long as short |
| GRVT COHR_USDT_Perp | +0.1125% | 8h | 315.74 | +0.014% | $2K | $155K | 10x | as long as short |
QFEX COHR-USD
Paragon para:COHR
Aevo COHR-PERP
GRVT COHR_USDT_Perp