Funding you earn now, next payment 16:00 UTC−0.0702%/8h= −76.8% APRnext payment −$7.02 per $10,000 · paid last 24h −0.073%
Price spread now: Bitget against BloFin−0.232%95s7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as 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−$750.754% of the position
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 4 days (all we have)+0.251%+$25 · spread now −0.232%, 7d avg −0.039%
=Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Bitget is 0.193% cheaper against BloFin than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.039%). Swap the legs. The two prices were read 95 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 -0.026% in total (about -1.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.02 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 | BloFin COHR-USDT | 314.43 | −0.0015 | get 0.0015% / 8h | 7h 45m | $46K | $115K | 20x |
| Short | Bitget COHRUSDT | 313.70 | −0.0717 | pay 0.0717% / 8h | 7h 45m | $1.8M | $1.4M | 20x |
BloFin COHR-USDT
Bitget COHRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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
- −$147.38
- Price spread: −0.232% → −0.039%
- −$19.32
- Slippage, 4 orders
- −$51.38
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$242.08
- Costs to cover
- 0.754%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 10 min ago; Bitget: 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 BloFin live order book, 10 min ago | 2.23 bp | 24.4 bp −$24 | 54.5 bp −$545 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 3.51 bp | 16.5 bp −$17 | 48.2 bp −$482 | 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 COHRUSDTshort | −0.0717% | 8h | 313.70 | −0.232% | $1.8M | $1.4M | 20x | |
| BloFin COHR-USDTlong | −0.0015% | 8h | 314.43 | long leg | $46K | $115K | 20x | |
| Aster COHRUSDT | 0.0000% | 8h | 314.22 | −0.067% | $48K | $45K | 20x | as long as short |
| Extended COHR-USD | 0.0000% | 1h | 314.18 | −0.080% | $32K | $282K | 10x | as long as short |
| Binance COHRUSDT | 0.0000% | 8h | 314.22 | −0.067% | $7.3M | $10.8M | 25x | as long as short |
| Bybit COHRUSDT | 0.0000% | 8h | 313.94 | −0.156% | $984K | $650K | 25x | as long as short |
| OKX COHR-USDT-SWAP | 0.0000% | 8h | 314.32 | −0.035% | $1.0M | $2.1M | 25x | as long as short |
| Gate COHR_USDT | 0.0000% | 8h | 314.10 | −0.105% | $605K | $1.1M | 25x | as long as short |
| GRVT COHR_USDT_Perp | 0.0000% | 8h | 313.97 | −0.145% | $1K | $165K | 10x | as long as short |
| SunX COHR-USDT | 0.0000% | 8h | 313.83 | −0.191% | — | $2.4M | 10x | as long as short |
Aster COHRUSDT
Extended COHR-USD
Binance COHRUSDT
Bybit COHRUSDT
OKX COHR-USDT-SWAP
Gate COHR_USDT
GRVT COHR_USDT_Perp
SunX COHR-USDTShow 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 | +0.086% | $5K | $38K | 10x | as long as short |
| QFEX COHR-USD | +0.0055% | 1h | 313.82 | −0.194% | $1.2M | $2.7M | 10x | as long as short |
| KuCoin COHRUSDTM | +0.0100% | 8h | 313.90 | −0.169% | $363K | $291K | 20x | as long as short |
| Aevo COHR-PERP | +0.0104% | 1h | 314.02 | −0.131% | — | — | 10x | as long as short |
| Paragon para:COHR | +0.0151% | 1h | 313.75 | −0.216% | $463K | $163K | 10x | as long as short |
HTX COHR-USDT
QFEX COHR-USD
KuCoin COHRUSDTM
Aevo COHR-PERP
Paragon para:COHR