Funding you earn now, next payment 02:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h −0.009%
Price spread now: Bybit against QFEX−0.062%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$890.886% of the position
Funding, last 3 days (all we have)−0.021%−$2 on $10k
+Price spread, last 4 days (all we have)−0.057%−$6 · spread now −0.062%, 7d avg −0.010%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.052% cheaper against QFEX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.010%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX COHR-USD | 323.26 | 0.0020 | pay 0.0003% / 1h | 2m 04s | $1.2M | $3.6M | 10x |
| Short | Bybit COHRUSDT | 323.06 | 0 | get 0.0000% / 8h | 6h 02m | $1.2M | $339K | 25x |
QFEX COHR-USD
Bybit COHRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against QFEX. 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
- −$4.28
- Price spread: −0.062% → −0.010%
- −$5.22
- Slippage, 4 orders
- −$67.62
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$98.13
- Costs to cover
- 0.886%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 6 min ago; Bybit: live order book, 4 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 QFEX live order book, 6 min ago | 2.16 bp | 9.1 bp −$9 | 15.6 bp −$156 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 6.19 bp | 33.4 bp −$33 | 201.7 bp −$2,017 | doesn't fit | doesn't fit |
COHR on 14 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 | −0.0170% | 8h | 322.70 | −0.173% | $357K | $349K | 20x | as long as short |
| Aster COHRUSDT | 0.0000% | 8h | 323.17 | −0.026% | $40K | $36K | 20x | as long as short |
| Extended COHR-USD | 0.0000% | 1h | 323.41 | +0.046% | $33K | $193K | 10x | as long as short |
| Binance COHRUSDT | 0.0000% | 8h | 323.49 | +0.070% | $7.4M | $9.4M | 25x | as long as short |
| Bybit COHRUSDTshort | 0.0000% | 8h | 323.06 | −0.062% | $1.2M | $339K | 25x | |
| OKX COHR-USDT-SWAP | 0.0000% | 8h | 323.60 | +0.105% | $1.0M | $2.1M | 25x | as long as short |
| Gate COHR_USDT | 0.0000% | 8h | 323.49 | +0.071% | $619K | $1.1M | 25x | as long as short |
| Bitget COHRUSDT | 0.0000% | 8h | 323.40 | +0.043% | $1.8M | $1.3M | 20x | as long as short |
| GRVT COHR_USDT_Perp | 0.0000% | 8h | 323.37 | +0.034% | $2K | $177K | 10x | as long as short |
| SunX COHR-USDT | 0.0000% | 8h | 323.52 | +0.080% | — | $2.5M | 10x | as long as short |
KuCoin COHRUSDTM
Aster COHRUSDT
Extended COHR-USD
Binance COHRUSDT
OKX COHR-USDT-SWAP
Gate COHR_USDT
Bitget COHRUSDT
GRVT COHR_USDT_Perp
SunX COHR-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX COHR-USDT | 0.0000% | 8h | 323.92 | +0.204% | $5K | $41K | 10x | as long as short |
| QFEX COHR-USDlong | +0.0020% | 1h | 323.26 | long leg | $1.2M | $3.6M | 10x | |
| Aevo COHR-PERP | +0.0104% | 1h | 323.18 | −0.025% | — | — | 10x | as long as short |
| Paragon para:COHR | +0.0231% | 1h | 323.25 | −0.004% | $477K | $174K | 10x | as long as short |
HTX COHR-USDT
Aevo COHR-PERP
Paragon para:COHR