Funding you earn now, next payment 16:00 UTC+0.0570%/8h= +62.4% APRnext payment +$5.70 per $10,000 · paid last 24h +0.072%
Price spread now: OKX against Bitget+0.133%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$650.647% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 7 days−0.061%−$6 · spread now +0.133%, 7d avg +0.031%
=Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and OKX is 0.102% dearer against Bitget than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.031%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.021% in total (about 1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.70 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget COHRUSDT | 316.12 | −0.0570 | get 0.0570% / 8h | 7h 01m | $1.8M | $1.4M | 20x |
| Short | OKX COHR-USDT-SWAP | 316.54 | 0 | get 0.0000% / 8h | 7h 01m | $1.0M | $2.0M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $119.7
- Price spread: +0.133% → +0.031%
- $10.17
- Slippage, 4 orders
- −$42.66
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $65.21
- Costs to cover
- 0.647%
- Break-even
- 3.2 days
Slippage from Bitget: live order book, 5 min ago; OKX: live order book, 5 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, 5 min ago | 5.55 bp | 20.8 bp −$21 | 59.5 bp −$595 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 2.22 bp | 13.1 bp −$13 | 51.3 bp −$513 | doesn't fit | doesn't fit |
COHR on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COHRUSDTlong | −0.0570% | 8h | 316.12 | long leg | $1.8M | $1.4M | 20x | |
| BloFin COHR-USDT | −0.0008% | 8h | 316.28 | +0.051% | $46K | $115K | 20x | as long as short |
| Aster COHRUSDT | 0.0000% | 8h | 315.74 | −0.121% | $48K | $45K | 20x | as long as short |
| Extended COHR-USD | 0.0000% | 1h | 316.06 | −0.018% | $33K | $274K | 10x | as long as short |
| Binance COHRUSDT | 0.0000% | 8h | 316.37 | +0.078% | $7.3M | $11.0M | 25x | as long as short |
| Bybit COHRUSDT | 0.0000% | 8h | 316.22 | +0.032% | $983K | $665K | 25x | as long as short |
| OKX COHR-USDT-SWAPshort | 0.0000% | 8h | 316.54 | +0.133% | $1.0M | $2.0M | 25x | |
| Gate COHR_USDT | 0.0000% | 8h | 315.97 | −0.047% | $615K | $1.1M | 25x | as long as short |
| SunX COHR-USDT | 0.0000% | 8h | 316.14 | +0.006% | — | $2.1M | 10x | as long as short |
| HTX COHR-USDT | 0.0000% | 8h | 315.96 | −0.051% | $5K | $39K | 10x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COHR-USD | +0.0055% | 1h | 316.16 | +0.013% | $1.2M | $2.7M | 10x | as long as short |
| Paragon para:COHR | +0.0060% | 1h | 315.82 | −0.095% | $466K | $159K | 10x | as long as short |
| KuCoin COHRUSDTM | +0.0100% | 8h | 315.60 | −0.164% | $365K | $329K | 20x | as long as short |
| Aevo COHR-PERP | +0.0104% | 1h | 316.00 | −0.037% | — | — | 10x | as long as short |
| GRVT COHR_USDT_Perp | +0.0561% | 8h | 316.03 | −0.028% | $2K | $160K | 10x | as long as short |
Bitget COHRUSDT
OKX COHR-USDT-SWAP
BloFin COHR-USDT
Aster COHRUSDT
Extended COHR-USD
Binance COHRUSDT
Bybit COHRUSDT
Gate COHR_USDT
SunX COHR-USDT
HTX COHR-USDT
Paragon para:COHR
KuCoin COHRUSDTM
GRVT COHR_USDT_Perp