Funding arb · Price arb /

COHR

RWAall COHR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against Bybit+0.085%7-day average +0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$220as in the Funding arb table

Net, price: spread back to 7d avg − costs−$214as in the Price arb table

costs, in and out, $10k−$2212.209% of the position

Long on Bybit Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.006%+$1 on $10k

Price spread, last 4 days (all we have)−0.113%−$11 · spread now +0.085%, 7d avg +0.015%

Together, before fees−0.108%−$11 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 0.069% dearer against Bybit than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit COHRUSDT	317.88	0	get 0.0000% / 8h	6h 03m	$980K	$675K	25x
Short	SunX COHR-USDT	318.15	0	get 0.0000% / 8h	6h 03m	—	$1.8M	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 +0.085%Rate

Funding earned: $0
Price spread: +0.085% → +0.015%: $6.95
Slippage, 4 orders: −$201.89
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee SunX: 4 bp × 2 orders: −$8
Net: −$213.94
Costs to cover: 2.209%
Break-even: never at this rate

Slippage from Bybit: live order book, 44 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, 44 min ago	5.86 bp	34.0 bp −$34	391.1 bp −$3,911	doesn't fit	doesn't fit
Sell SunX live order book, 6 min ago	44.84 bp	64.3 bp −$64	doesn't fit	doesn't fit	doesn't fit

COHR on 15 exchanges

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	−0.0306%	8h	317.64	−0.076%	$1.8M	$1.5M	20x	as long as short
Aster COHRUSDT	0.0000%	8h	317.98	+0.032%	$49K	$45K	20x	as long as short
Bybit COHRUSDTlong	0.0000%	8h	317.88	long leg	$980K	$675K	25x
OKX COHR-USDT-SWAP	0.0000%	8h	318.05	+0.053%	$1.1M	$2.2M	25x	as long as short
Gate COHR_USDT	0.0000%	8h	317.72	−0.050%	$636K	$1.1M	25x	as long as short
SunX COHR-USDTshort	0.0000%	8h	318.15	+0.085%	—	$1.8M	10x
HTX COHR-USDT	0.0000%	8h	318.42	+0.170%	$5K	$39K	10x	as long as short
QFEX COHR-USD	+0.0050%	1h	317.94	+0.019%	$1.2M	$2.5M	10x	as long as short
Paragon para:COHR	+0.0060%	1h	317.54	−0.107%	$470K	$168K	10x	as long as short
KuCoin COHRUSDTM	+0.0100%	8h	317.60	−0.088%	$368K	$385K	20x	as long as short

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo COHR-PERP	+0.0104%	1h	317.74	−0.045%	—	—	10x	as long as short
BloFin COHR-USDT	+0.0107%	8h	318.38	+0.157%	$529	$118K	20x	as long as short
Extended COHR-USD	+0.0128%	1h	317.77	−0.035%	$36K	$277K	10x	as long as short
Binance COHRUSDT	+0.0134%	8h	317.83	−0.016%	$7.4M	$11.2M	25x	as long as short
GRVT COHR_USDT_Perp	+0.1259%	8h	317.10	−0.245%	$2K	$155K	10x	as long as short