Settings8H · net · $10k
Funding arb · Price arb /

COHR

RWAall COHR markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.040%−$4 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget COHRUSDT316.12−0.0570get 0.0570% / 8h7h 01m$1.8M$1.4M20x
ShortOKX COHR-USDT-SWAP316.540get 0.0000% / 8h7h 01m$1.0M$2.0M25x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 5 min ago5.55 bp20.8 bp −$2159.5 bp −$595doesn't fitdoesn't fit
Sell OKX live order book, 5 min ago2.22 bp13.1 bp −$1351.3 bp −$513doesn't fitdoesn't fit

COHR on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget COHRUSDTlong−0.0570%8h316.12long leg$1.8M$1.4M20x
BloFin COHR-USDT−0.0008%8h316.28+0.051%$46K$115K20xas long as short
Aster COHRUSDT0.0000%8h315.74−0.121%$48K$45K20xas long as short
Extended COHR-USD0.0000%1h316.06−0.018%$33K$274K10xas long as short
Binance COHRUSDT0.0000%8h316.37+0.078%$7.3M$11.0M25xas long as short
Bybit COHRUSDT0.0000%8h316.22+0.032%$983K$665K25xas long as short
OKX COHR-USDT-SWAPshort0.0000%8h316.54+0.133%$1.0M$2.0M25x
Gate COHR_USDT0.0000%8h315.97−0.047%$615K$1.1M25xas long as short
SunX COHR-USDT0.0000%8h316.14+0.006%$2.1M10xas long as short
HTX COHR-USDT0.0000%8h315.96−0.051%$5K$39K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX COHR-USD+0.0055%1h316.16+0.013%$1.2M$2.7M10xas long as short
Paragon para:COHR+0.0060%1h315.82−0.095%$466K$159K10xas long as short
KuCoin COHRUSDTM+0.0100%8h315.60−0.164%$365K$329K20xas long as short
Aevo COHR-PERP+0.0104%1h316.00−0.037%10xas long as short
GRVT COHR_USDT_Perp+0.0561%8h316.03−0.028%$2K$160K10xas long as short