Funding arb · Price arb /

COHR

RWAall COHR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against Bybit+0.074%7-day average +0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$226as in the Funding arb table

Net, price: spread back to 7d avg − costs−$221as in the Price arb table

costs, in and out, $10k−$2272.270% of the position

Long on Bybit Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.005%+$1 on $10k

Price spread, last 3 days (all we have)−0.080%−$8 · spread now +0.074%, 7d avg +0.014%

Together, before fees−0.075%−$7 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: SunX is 0.061% dearer against Bybit than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.014%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit COHRUSDT	323.05	0	get 0.0000% / 8h	6h 41m	$1.2M	$347K	25x
Short	SunX COHR-USDT	323.29	0	get 0.0000% / 8h	6h 41m	—	$2.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.074%Rate

Funding earned: $0
Price spread: +0.074% → +0.014%: $6.07
Slippage, 4 orders: −$207.99
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee SunX: 4 bp × 2 orders: −$8
Net: −$220.92
Costs to cover: 2.270%
Break-even: never at this rate

Slippage from Bybit: live order book, 4 min ago; SunX: live order book, 6 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, 4 min ago	3.87 bp	74.5 bp −$74	210.6 bp −$2,106	doesn't fit	doesn't fit
Sell SunX live order book, 6 min ago	44.96 bp	64.3 bp −$64	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
KuCoin COHRUSDTM	−0.0040%	8h	322.60	−0.139%	$357K	$356K	20x	as long as short
BloFin COHR-USDT	−0.0012%	8h	323.62	+0.176%	$46K	$113K	20x	as long as short
Aster COHRUSDT	0.0000%	8h	323.17	+0.036%	$40K	$36K	20x	as long as short
Extended COHR-USD	0.0000%	1h	323.18	+0.041%	$33K	$198K	10x	as long as short
Binance COHRUSDT	0.0000%	8h	323.26	+0.066%	$7.4M	$9.4M	25x	as long as short
Bybit COHRUSDTlong	0.0000%	8h	323.05	long leg	$1.2M	$347K	25x
OKX COHR-USDT-SWAP	0.0000%	8h	323.21	+0.050%	$1.0M	$2.1M	25x	as long as short
Gate COHR_USDT	0.0000%	8h	323.16	+0.034%	$617K	$1.1M	25x	as long as short
Bitget COHRUSDT	0.0000%	8h	323.11	+0.019%	$1.8M	$1.3M	20x	as long as short
GRVT COHR_USDT_Perp	0.0000%	8h	323.38	+0.102%	$2K	$181K	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX COHR-USDTshort	0.0000%	8h	323.29	+0.074%	—	$2.6M	10x
HTX COHR-USDT	0.0000%	8h	323.31	+0.080%	$5K	$41K	10x	as long as short
QFEX COHR-USD	+0.0020%	1h	323.21	+0.050%	$1.2M	$3.6M	10x	as long as short
Aevo COHR-PERP	+0.0104%	1h	323.09	+0.013%	—	—	10x	as long as short
Paragon para:COHR	+0.0316%	1h	323.54	+0.153%	$471K	$182K	10x	as long as short