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: Bybit against Binance+0.003%7-day average −0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$141as in the Funding arb table

Net, price: spread back to 7d avg − costs−$132as in the Price arb table

costs, in and out, $10k−$1361.356% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.059%−$6 on $10k

Price spread, last 7 days−0.031%−$3 · spread now +0.003%, 7d avg −0.030%

Together, before fees−0.089%−$9 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: Bybit is 0.033% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.030%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance COHRUSDT	318.46	0	get 0.0000% / 8h	2h 46m	$7.5M	$9.7M	25x
Short	Bybit COHRUSDT	318.47	0	get 0.0000% / 8h	2h 46m	$1.1M	$359K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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 BinancebpFee BybitbpOrdersPrice spread, now +0.003%Rate

Funding earned: $0
Price spread: +0.003% → −0.030%: $3.29
Slippage, 4 orders: −$114.57
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$132.28
Costs to cover: 1.356%
Break-even: never at this rate

Slippage from Binance: live order book, 8 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 Binance live order book, 8 min ago	1.88 bp	16.1 bp −$16	37.2 bp −$372	149.5 bp −$15.0K	doesn't fit
Sell Bybit live order book, 4 min ago	4.08 bp	62.0 bp −$62	189.8 bp −$1,898	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 COHRUSDT	−0.0430%	8h	318.29	−0.053%	$1.8M	$1.3M	20x	as long as short
KuCoin COHRUSDTM	−0.0208%	8h	318.50	+0.013%	$354K	$300K	20x	as long as short
Aster COHRUSDT	0.0000%	8h	318.56	+0.030%	$39K	$36K	20x	as long as short
Extended COHR-USD	0.0000%	1h	318.37	−0.027%	$33K	$242K	10x	as long as short
Binance COHRUSDTlong	0.0000%	8h	318.46	long leg	$7.5M	$9.7M	25x
Bybit COHRUSDTshort	0.0000%	8h	318.47	+0.003%	$1.1M	$359K	25x
OKX COHR-USDT-SWAP	0.0000%	8h	318.36	−0.031%	$1.0M	$2.1M	25x	as long as short
Gate COHR_USDT	0.0000%	8h	318.33	−0.041%	$621K	$1.1M	25x	as long as short
GRVT COHR_USDT_Perp	0.0000%	8h	319.02	+0.177%	$2K	$174K	10x	as long as short
SunX COHR-USDT	0.0000%	8h	318.51	+0.016%	—	$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	319.27	+0.254%	$5K	$41K	10x	as long as short
BloFin COHR-USDT	+0.0008%	8h	318.50	+0.013%	$46K	$112K	20x	as long as short
QFEX COHR-USD	+0.0034%	1h	318.46	0.000%	$1.2M	$2.9M	10x	as long as short
Paragon para:COHR	+0.0060%	1h	318.35	−0.034%	$470K	$164K	10x	as long as short
Aevo COHR-PERP	+0.0104%	1h	318.49	+0.010%	—	—	10x	as long as short