Funding you earn now, next payment 16:00 UTC+0.0717%/8h= +78.5% APRnext payment +$7.17 per $10,000 · paid last 24h +0.072%
Price spread now: SunX against Bitget−0.045%50s7-day average +0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1661.660% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)+0.142%+$14 · spread now −0.045%, 7d avg +0.035%
=Funding pays, the price is against you. SunX is 0.079% cheaper against Bitget than usual: you would sell low and buy high (spread −0.045% now, against its 7-day average of +0.035%). If the spread goes back, that is −$8 on $10k: about 9 hours of funding at the current rate (+$22 a day). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.028% in total (about -1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.17 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 | 313.97 | −0.0717 | get 0.0717% / 8h | 7h 45m | $1.8M | $1.4M | 20x |
| Short | SunX COHR-USDT | 313.83 | 0 | get 0.0000% / 8h | 7h 45m | — | $2.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $150.57
- Price spread: −0.045% → +0.035%
- −$7.93
- Slippage, 4 orders
- −$145.97
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$23.33
- Costs to cover
- 1.660%
- Break-even
- 8.1 days
Slippage from Bitget: live order book, 1 min ago; SunX: live order book, 1 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, 1 min ago | 3.51 bp | 21.1 bp −$21 | 41.4 bp −$414 | doesn't fit | doesn't fit |
| Sell SunX live order book, 1 min ago | 45.42 bp | 64.5 bp −$65 | doesn't fit | 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 | −0.0717% | 8h | 313.97 | long leg | $1.8M | $1.4M | 20x | |
| BloFin COHR-USDT | −0.0015% | 8h | 314.43 | +0.147% | $46K | $115K | 20x | as long as short |
| Aster COHRUSDT | 0.0000% | 8h | 314.18 | +0.068% | $48K | $45K | 20x | as long as short |
| Extended COHR-USD | 0.0000% | 1h | 314.18 | +0.067% | $32K | $282K | 10x | as long as short |
| Binance COHRUSDT | 0.0000% | 8h | 314.31 | +0.110% | $7.3M | $10.8M | 25x | as long as short |
| Bybit COHRUSDT | 0.0000% | 8h | 313.92 | −0.016% | $984K | $650K | 25x | as long as short |
| OKX COHR-USDT-SWAP | 0.0000% | 8h | 314.32 | +0.111% | $1.0M | $2.1M | 25x | as long as short |
| Gate COHR_USDT | 0.0000% | 8h | 314.10 | +0.041% | $605K | $1.1M | 25x | as long as short |
| GRVT COHR_USDT_Perp | 0.0000% | 8h | 313.97 | +0.001% | $1K | $165K | 10x | as long as short |
| SunX COHR-USDTshort | 0.0000% | 8h | 313.83 | −0.045% | — | $2.4M | 10x |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX COHR-USDT | 0.0000% | 8h | 314.70 | +0.233% | $5K | $38K | 10x | as long as short |
| QFEX COHR-USD | +0.0055% | 1h | 314.28 | +0.099% | $1.2M | $2.7M | 10x | as long as short |
| KuCoin COHRUSDTM | +0.0100% | 8h | 313.80 | −0.054% | $363K | $291K | 20x | as long as short |
| Aevo COHR-PERP | +0.0104% | 1h | 314.02 | +0.015% | — | — | 10x | as long as short |
| Paragon para:COHR | +0.0151% | 1h | 313.75 | −0.070% | $463K | $163K | 10x | as long as short |
Bitget COHRUSDT
SunX COHR-USDT
BloFin COHR-USDT
Aster COHRUSDT
Extended COHR-USD
Binance COHRUSDT
Bybit COHRUSDT
OKX COHR-USDT-SWAP
Gate COHR_USDT
GRVT COHR_USDT_Perp
HTX COHR-USDT
KuCoin COHRUSDTM
Paragon para:COHR