Funding you earn now, next payment 08:00 UTC+0.0236%/8h= +25.8% APRnext payment +$2.36 per $10,000 · paid last 24h −0.030%
Price spread now: Binance against KuCoin+0.276%7-day average +0.118% · you sell dearer than you buy
Net, funding: paid 7d − costs−$289as in the Funding arb table
Net, price: spread back to 7d avg − costs−$260as in the Price arb table
costs, in and out, $10k−$2762.756% of the position
Funding, last 7 days−0.137%−$14 on $10k
+Price spread, last 4 days (all we have)+0.140%+$14 · spread now +0.276%, 7d avg +0.118%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Binance is 0.158% dearer against KuCoin than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.118%. Mind the row above: over the last 7 days funding on this pair cost −0.137%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.137% in total (about -7.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.36 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 | KuCoin COHRUSDTM | 323.10 | −0.0236 | get 0.0236% / 8h | 5h 30m | $357K | $344K | 20x |
| Short | Binance COHRUSDT | 323.99 | 0 | get 0.0000% / 8h | 5h 30m | $7.4M | $9.3M | 25x |
KuCoin COHRUSDTM
Binance COHRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- $49.56
- Price spread: +0.276% → +0.118%
- $15.83
- Slippage, 4 orders
- −$253.57
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$210.18
- Costs to cover
- 2.756%
- Break-even
- 36.7 days
Slippage from KuCoin: live order book, 66 min ago; Binance: live order book, 9 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 KuCoin live order book, 66 min ago | 6.21 bp | 184.6 bp −$185 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 1.54 bp | 14.6 bp −$15 | 50.6 bp −$506 | 158.5 bp −$15.8K | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin COHRUSDTMlong | −0.0236% | 8h | 323.10 | long leg | $357K | $344K | 20x | |
| BloFin COHR-USDT | −0.0026% | 8h | 324.12 | +0.316% | $46K | $112K | 20x | as long as short |
| Aster COHRUSDT | 0.0000% | 8h | 324.01 | +0.282% | $40K | $36K | 20x | as long as short |
| Extended COHR-USD | 0.0000% | 1h | 323.91 | +0.252% | $36K | $192K | 10x | as long as short |
| Binance COHRUSDTshort | 0.0000% | 8h | 323.99 | +0.276% | $7.4M | $9.3M | 25x | |
| Bybit COHRUSDT | 0.0000% | 8h | 323.80 | +0.217% | $1.2M | $338K | 25x | as long as short |
| OKX COHR-USDT-SWAP | 0.0000% | 8h | 324.04 | +0.291% | $1.0M | $2.1M | 25x | as long as short |
| Gate COHR_USDT | 0.0000% | 8h | 323.94 | +0.260% | $619K | $1.1M | 25x | as long as short |
| Bitget COHRUSDT | 0.0000% | 8h | 323.66 | +0.173% | $1.8M | $1.3M | 20x | as long as short |
| GRVT COHR_USDT_Perp | 0.0000% | 8h | 324.05 | +0.294% | $2K | $175K | 10x | as long as short |
BloFin COHR-USDT
Aster COHRUSDT
Extended COHR-USD
Bybit COHRUSDT
OKX COHR-USDT-SWAP
Gate COHR_USDT
Bitget COHRUSDT
GRVT COHR_USDT_PerpShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX COHR-USDT | 0.0000% | 8h | 324.10 | +0.310% | — | $2.4M | 10x | as long as short |
| HTX COHR-USDT | 0.0000% | 8h | 323.38 | +0.087% | $5K | $41K | 10x | as long as short |
| QFEX COHR-USD | +0.0026% | 1h | 323.85 | +0.232% | $1.2M | $3.6M | 10x | as long as short |
| Aevo COHR-PERP | +0.0104% | 1h | 323.88 | +0.240% | — | — | 10x | as long as short |
| Paragon para:COHR | +0.0158% | 1h | 323.81 | +0.218% | $478K | $163K | 10x | as long as short |
SunX COHR-USDT
HTX COHR-USDT
QFEX COHR-USD
Aevo COHR-PERP
Paragon para:COHR