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 SunX−0.040%46s7-day average −0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$224as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2232.230% of the position

Long on SunX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.005%−$1 on $10k

Price spread, last 3 days (all we have)+0.046%+$5 · spread now −0.040%, 7d avg −0.014%

Together, before fees+0.041%+$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: Bybit is 0.026% cheaper against SunX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.014%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX COHR-USDT	324.14	0	get 0.0000% / 8h	6h 17m	—	$2.5M	10x
Short	Bybit COHRUSDT	324.01	0	get 0.0000% / 8h	6h 17m	$1.2M	$340K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against SunX. 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 SunXbpFee BybitbpOrdersPrice spread, now −0.040%Rate

Funding earned: $0
Price spread: −0.040% → −0.014%: −$2.65
Slippage, 4 orders: −$204.05
Fee SunX: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$225.69
Costs to cover: 2.230%
Break-even: never at this rate

Slippage from SunX: live order book, 9 min ago; Bybit: 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 SunX live order book, 9 min ago	46.74 bp	65.6 bp −$66	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	4.79 bp	22.6 bp −$23	199.5 bp −$1,995	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	−0.0118%	8h	323.60	−0.167%	$358K	$352K	20x	as long as short
Aster COHRUSDT	0.0000%	8h	324.29	+0.047%	$40K	$36K	20x	as long as short
Extended COHR-USD	0.0000%	1h	324.15	+0.004%	$33K	$193K	10x	as long as short
Binance COHRUSDT	0.0000%	8h	324.19	+0.014%	$7.4M	$9.4M	25x	as long as short
Bybit COHRUSDTshort	0.0000%	8h	324.01	−0.040%	$1.2M	$340K	25x
OKX COHR-USDT-SWAP	0.0000%	8h	324.23	+0.028%	$1.0M	$2.1M	25x	as long as short
Gate COHR_USDT	0.0000%	8h	324.10	−0.012%	$619K	$1.1M	25x	as long as short
Bitget COHRUSDT	0.0000%	8h	323.73	−0.126%	$1.8M	$1.3M	20x	as long as short
GRVT COHR_USDT_Perp	0.0000%	8h	324.00	−0.042%	$2K	$178K	10x	as long as short
SunX COHR-USDTlong	0.0000%	8h	324.14	long leg	—	$2.5M	10x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX COHR-USDT	0.0000%	8h	323.84	−0.093%	$5K	$41K	10x	as long as short
QFEX COHR-USD	+0.0020%	1h	324.06	−0.025%	$1.2M	$3.5M	10x	as long as short
Aevo COHR-PERP	+0.0104%	1h	324.15	+0.003%	—	—	10x	as long as short
Paragon para:COHR	+0.0265%	1h	324.00	−0.043%	$478K	$185K	10x	as long as short