Funding arb · Price arb /

COHR

RWAall COHR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0029%/8h= +3.1% APRpaid last 24h +0.009%

Price spread now: QFEX against OKX+0.144%7-day average −0.055% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$500.503% of the position

Long on OKX Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.012%+$1 on $10k

Price spread, last 7 days−0.197%−$20 · spread now +0.144%, 7d avg −0.055%

Together, before fees−0.185%−$18 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.199% dearer against OKX than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.055%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX COHR-USDT-SWAP	319.50	0	get 0.0000% / 8h	3h 20m	$1.0M	$2.1M	25x
Short	QFEX COHR-USD	319.96	0.0029	get 0.0004% / 1h	20m 18s	$1.2M	$3.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against OKX. 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 OKXbpFee QFEXbpOrdersPrice spread, now +0.144%Rate

Funding earned: $6
Price spread: +0.144% → −0.055%: $19.86
Slippage, 4 orders: −$30.31
Fee OKX: 5 bp × 2 orders: −$10
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$24.45
Costs to cover: 0.503%
Break-even: 35.5 days

Slippage from OKX: live order book, 2 min ago; QFEX: live order book, 3 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 OKX live order book, 2 min ago	2.03 bp	13.6 bp −$14	84.7 bp −$847	doesn't fit	doesn't fit
Sell QFEX live order book, 3 min ago	1.87 bp	9.9 bp −$10	17.6 bp −$176	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	−0.0266%	8h	319.80	+0.094%	$355K	$310K	20x	as long as short
Aster COHRUSDT	0.0000%	8h	319.65	+0.046%	$39K	$36K	20x	as long as short
Extended COHR-USD	0.0000%	1h	319.59	+0.029%	$33K	$186K	10x	as long as short
Binance COHRUSDT	0.0000%	8h	319.76	+0.080%	$7.4M	$9.4M	25x	as long as short
Bybit COHRUSDT	0.0000%	8h	319.66	+0.050%	$1.1M	$349K	25x	as long as short
OKX COHR-USDT-SWAPlong	0.0000%	8h	319.50	long leg	$1.0M	$2.1M	25x
Gate COHR_USDT	0.0000%	8h	319.88	+0.119%	$618K	$1.1M	25x	as long as short
Bitget COHRUSDT	0.0000%	8h	320.40	+0.282%	$1.8M	$1.3M	20x	as long as short
GRVT COHR_USDT_Perp	0.0000%	8h	320.97	+0.460%	$2K	$174K	10x	as long as short
SunX COHR-USDT	0.0000%	8h	319.80	+0.094%	—	$2.4M	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	320.02	+0.163%	$4K	$40K	10x	as long as short
BloFin COHR-USDT	+0.0024%	8h	320.00	+0.156%	$46K	$112K	20x	as long as short
QFEX COHR-USDshort	+0.0029%	1h	319.96	+0.144%	$1.2M	$3.0M	10x
Paragon para:COHR	+0.0060%	1h	319.68	+0.057%	$471K	$163K	10x	as long as short
Aevo COHR-PERP	+0.0104%	1h	319.56	+0.017%	—	—	10x	as long as short