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% APRpaid last 24h 0.000%

Price spread now: SunX against Extended−0.005%7-day average +0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs−$168as in the Funding arb table

Net, price: spread back to 7d avg − costs−$166as in the Price arb table

costs, in and out, $10k−$1631.629% of the position

Long on Extended Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.050%−$5 on $10k

Price spread, last 4 days (all we have)+0.013%+$1 · spread now −0.005%, 7d avg +0.028%

Together, before fees−0.037%+ Points / potential airdropExtended: Active · farm board−$4 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 0.033% cheaper against Extended than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.028%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended COHR-USD	315.65	0	get 0.0000% / 1h	6m 38s	$33K	$281K	10x
Short	SunX COHR-USDT	315.64	0	get 0.0000% / 8h	6m 38s	—	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Extended. 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 ExtendedbpFee SunXbpOrdersPrice spread, now −0.005%Rate

Funding earned: $0
Price spread: −0.005% → +0.028%: −$3.28
Slippage, 4 orders: −$149.92
Fee Extended: 2.5 bp × 2 orders: −$5
Fee SunX: 4 bp × 2 orders: −$8
Net: −$166.2
Costs to cover: 1.629%
Break-even: never at this rate

Slippage from Extended: live order book, 30 min ago; SunX: live order book, 10 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 Extended live order book, 30 min ago	2.06 bp	16.9 bp −$17	128.2 bp −$1,282	doesn't fit	doesn't fit
Sell SunX live order book, 10 min ago	46.19 bp	65.3 bp −$65	doesn't fit	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	−0.0736%	8h	315.64	−0.005%	$1.8M	$1.5M	20x	as long as short
BloFin COHR-USDT	−0.0007%	8h	315.84	+0.059%	$46K	$115K	20x	as long as short
Aster COHRUSDT	0.0000%	8h	315.48	−0.057%	$48K	$45K	20x	as long as short
Extended COHR-USDlong	0.0000%	1h	315.65	long leg	$33K	$281K	10x
Binance COHRUSDT	0.0000%	8h	315.71	+0.018%	$7.3M	$10.7M	25x	as long as short
Bybit COHRUSDT	0.0000%	8h	315.30	−0.112%	$1.1M	$367K	25x	as long as short
OKX COHR-USDT-SWAP	0.0000%	8h	315.80	+0.046%	$1.0M	$2.1M	25x	as long as short
Gate COHR_USDT	0.0000%	8h	315.56	−0.030%	$608K	$1.1M	25x	as long as short
GRVT COHR_USDT_Perp	0.0000%	8h	315.90	+0.078%	$2K	$166K	10x	as long as short
SunX COHR-USDTshort	0.0000%	8h	315.64	−0.005%	—	$2.4M	10x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX COHR-USDT	0.0000%	8h	316.01	+0.113%	$5K	$40K	10x	as long as short
QFEX COHR-USD	+0.0035%	1h	315.47	−0.058%	$1.2M	$2.7M	10x	as long as short
Paragon para:COHR	+0.0060%	1h	315.50	−0.049%	$465K	$163K	10x	as long as short
KuCoin COHRUSDTM	+0.0093%	8h	315.40	−0.081%	$349K	$276K	20x	as long as short
Aevo COHR-PERP	+0.0104%	1h	315.54	−0.037%	—	—	10x	as long as short