Funding you earn now, next payment 16:00 UTC−0.0710%/8h= −77.7% APRnext payment −$7.10 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit+0.186%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$1141.143% of the position
Funding, last 7 days+0.105%+$11 on $10k
+Price spread, last 7 days−0.174%−$17 · spread now +0.186%, 7d avg −0.009%
=The price spread pays, funding is against you. Bitget is 0.194% dearer against Bybit than usual: you sell high and buy low (spread +0.186% now, against its 7-day average of −0.009%): +$19 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 22 hours. Mind the row above: over the last 7 days funding on this pair paid +0.105%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.105% in total (about 5.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.10 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 | Bybit COHRUSDT | 312.66 | 0 | get 0.0000% / 8h | 7h 54m | $984K | $647K | 25x |
| Short | Bitget COHRUSDT | 313.24 | −0.0710 | pay 0.0710% / 8h | 7h 54m | $1.8M | $1.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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
- −$149.1
- Price spread: +0.186% → −0.009%
- $19.43
- Slippage, 4 orders
- −$91.29
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$243.96
- Costs to cover
- 1.143%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Bitget: live order book, 2 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, 1 min ago | 7.83 bp | 44.0 bp −$44 | 197.4 bp −$1,974 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 9.05 bp | 20.5 bp −$20 | 54.4 bp −$544 | 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 | −0.0710% | 8h | 313.24 | +0.186% | $1.8M | $1.5M | 20x | |
| Aster COHRUSDT | 0.0000% | 8h | 313.24 | +0.185% | $48K | $45K | 20x | as long as short |
| Extended COHR-USD | 0.0000% | 1h | 312.65 | −0.002% | $32K | $282K | 10x | as long as short |
| Binance COHRUSDT | 0.0000% | 8h | 312.51 | −0.048% | $7.3M | $10.8M | 25x | as long as short |
| Bybit COHRUSDTlong | 0.0000% | 8h | 312.66 | long leg | $984K | $647K | 25x | |
| OKX COHR-USDT-SWAP | 0.0000% | 8h | 312.52 | −0.045% | $1.0M | $2.1M | 25x | as long as short |
| Gate COHR_USDT | 0.0000% | 8h | 312.71 | +0.016% | $603K | $1.1M | 25x | as long as short |
| GRVT COHR_USDT_Perp | 0.0000% | 8h | 315.74 | +0.985% | $1K | $165K | 10x | as long as short |
| SunX COHR-USDT | 0.0000% | 8h | 313.73 | +0.342% | — | $2.4M | 10x | as long as short |
| HTX COHR-USDT | 0.0000% | 8h | 314.23 | +0.502% | $5K | $39K | 10x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin COHR-USDT | +0.0004% | 8h | 313.70 | +0.333% | $46K | $114K | 20x | as long as short |
| QFEX COHR-USD | +0.0055% | 1h | 314.10 | +0.461% | $1.2M | $2.7M | 10x | as long as short |
| KuCoin COHRUSDTM | +0.0100% | 8h | 313.40 | +0.237% | $363K | $288K | 20x | as long as short |
| Aevo COHR-PERP | +0.0104% | 1h | 314.01 | +0.431% | — | — | 10x | as long as short |
| Paragon para:COHR | +0.0244% | 1h | 312.70 | +0.013% | $461K | $163K | 10x | as long as short |
Bybit COHRUSDT
Bitget COHRUSDT
Aster COHRUSDT
Extended COHR-USD
Binance COHRUSDT
OKX COHR-USDT-SWAP
Gate COHR_USDT
GRVT COHR_USDT_Perp
SunX COHR-USDT
HTX COHR-USDT
BloFin COHR-USDT
KuCoin COHRUSDTM
Paragon para:COHR