Funding arb · Price arb /

COHR

RWAall COHR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0029%/8h= +3.1% APRpaid last 24h +0.009%

Price spread now: QFEX against Bitget+0.046%46s7-day average −0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$460.458% of the position

Long on Bitget Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.012%+$1 on $10k

Price spread, last 7 days−0.115%−$11 · spread now +0.046%, 7d avg −0.025%

Together, before fees−0.103%−$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.071% dearer against Bitget than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.025%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget COHRUSDT	323.00	0	get 0.0000% / 8h	3h 52m	$1.8M	$1.3M	20x
Short	QFEX COHR-USD	323.15	0.0029	get 0.0004% / 1h	52m 45s	$1.2M	$3.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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

Position, each leg$Hold fordaysFee BitgetbpFee QFEXbpOrdersPrice spread, now +0.046%Rate

Funding earned: $6
Price spread: +0.046% → −0.025%: $7.1
Slippage, 4 orders: −$23.76
Fee Bitget: 6 bp × 2 orders: −$12
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$32.66
Costs to cover: 0.458%
Break-even: 45.1 days

Slippage from Bitget: live order book, 4 min ago; QFEX: 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, 4 min ago	3.87 bp	18.9 bp −$19	39.2 bp −$392	doesn't fit	doesn't fit
Sell QFEX live order book, 5 min ago	2.01 bp	7.0 bp −$7	10.3 bp −$103	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
KuCoin COHRUSDTM	−0.0333%	8h	322.90	−0.031%	$357K	$327K	20x	as long as short
Aster COHRUSDT	0.0000%	8h	323.07	+0.023%	$40K	$36K	20x	as long as short
Extended COHR-USD	0.0000%	1h	323.14	+0.044%	$36K	$183K	10x	as long as short
Binance COHRUSDT	0.0000%	8h	323.13	+0.041%	$7.5M	$9.2M	25x	as long as short
Bybit COHRUSDT	0.0000%	8h	322.91	−0.028%	$1.1M	$341K	25x	as long as short
OKX COHR-USDT-SWAP	0.0000%	8h	323.02	+0.006%	$1.0M	$2.1M	25x	as long as short
Gate COHR_USDT	0.0000%	8h	323.09	+0.028%	$618K	$1.0M	25x	as long as short
Bitget COHRUSDTlong	0.0000%	8h	323.00	long leg	$1.8M	$1.3M	20x
GRVT COHR_USDT_Perp	0.0000%	8h	323.24	+0.074%	$1K	$175K	10x	as long as short
SunX COHR-USDT	0.0000%	8h	323.23	+0.071%	—	$2.4M	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX COHR-USDT	0.0000%	8h	323.61	+0.189%	$5K	$41K	10x	as long as short
BloFin COHR-USDT	+0.0024%	8h	322.96	−0.012%	$46K	$112K	20x	as long as short
QFEX COHR-USDshort	+0.0029%	1h	323.15	+0.046%	$1.2M	$3.1M	10x
Aevo COHR-PERP	+0.0104%	1h	323.08	+0.026%	—	—	10x	as long as short
Paragon para:COHR	+0.0234%	1h	323.01	+0.003%	$476K	$163K	10x	as long as short