Funding arb · Price arb /

COHR

RWAall COHR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.050%

Price spread now: Binance against Bybit+0.083%7-day average +0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$710.705% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.058%+$6 on $10k

Price spread, last 2 days (all we have)−0.003%$0 · spread now +0.083%, 7d avg +0.038%

Together, before fees+0.055%+$6 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.045% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.038%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit COHRUSDT	321.50	0	get 0.0000% / 8h	1h 25m	$1.2M	$390K	25x
Short	Binance COHRUSDT	321.77	0	get 0.0000% / 8h	1h 25m	$7.4M	$9.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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 BybitbpFee BinancebpOrdersPrice spread, now +0.083%Rate

Funding earned: $0
Price spread: +0.083% → +0.038%: $4.47
Slippage, 4 orders: −$49.53
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$66.05
Costs to cover: 0.705%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 14 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 Bybit live order book, 5 min ago	7.16 bp	27.6 bp −$28	204.5 bp −$2,045	doesn't fit	doesn't fit
Sell Binance live order book, 14 min ago	1.71 bp	13.9 bp −$14	37.3 bp −$373	147.9 bp −$14.8K	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
BloFin COHR-USDT	−0.0003%	8h	321.86	+0.112%	$45K	$116K	20x	as long as short
Aster COHRUSDT	0.0000%	8h	321.65	+0.046%	$39K	$36K	20x	as long as short
Extended COHR-USD	0.0000%	1h	321.72	+0.068%	$38K	$203K	10x	as long as short
Binance COHRUSDTshort	0.0000%	8h	321.77	+0.083%	$7.4M	$9.5M	25x
Bybit COHRUSDTlong	0.0000%	8h	321.50	long leg	$1.2M	$390K	25x
OKX COHR-USDT-SWAP	0.0000%	8h	321.86	+0.112%	$1.0M	$2.2M	25x	as long as short
Gate COHR_USDT	0.0000%	8h	321.63	+0.040%	$627K	$1.3M	25x	as long as short
Bitget COHRUSDT	0.0000%	8h	321.66	+0.050%	$1.7M	$1.3M	20x	as long as short
GRVT COHR_USDT_Perp	0.0000%	8h	321.73	+0.072%	$1K	$205K	10x	as long as short
SunX COHR-USDT	0.0000%	8h	321.84	+0.106%	—	$2.6M	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	321.32	−0.056%	$5K	$40K	10x	as long as short
QFEX COHR-USD	+0.0026%	1h	321.75	+0.078%	$1.2M	$3.6M	10x	as long as short
KuCoin COHRUSDTM	+0.0100%	8h	321.20	−0.093%	$343K	$340K	20x	as long as short
Aevo COHR-PERP	+0.0104%	1h	321.69	+0.060%	—	—	10x	as long as short
Paragon para:COHR	+0.0149%	1h	321.77	+0.084%	$458K	$164K	10x	as long as short