Funding arb · Price arb /

COHR

RWAall COHR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0034%/8h= +3.7% APRpaid last 24h +0.009%

Price spread now: QFEX against Binance+0.002%7-day average −0.062% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$450.455% of the position

Long on Binance Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.013%+$1 on $10k

Price spread, last 7 days−0.035%−$4 · spread now +0.002%, 7d avg −0.062%

Together, before fees−0.022%−$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.065% dearer against Binance than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.062%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance COHRUSDT	315.26	0	get 0.0000% / 8h	2h 25m	$7.3M	$10.4M	25x
Short	QFEX COHR-USD	315.27	0.0034	get 0.0004% / 1h	25m 16s	$1.2M	$2.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now +0.002%Rate

Funding earned: $7.16
Price spread: +0.002% → −0.062%: $6.45
Slippage, 4 orders: −$25.49
Fee Binance: 5 bp × 2 orders: −$10
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$31.88
Costs to cover: 0.455%
Break-even: 38.2 days

Slippage from Binance: live order book, 14 min ago; QFEX: 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 Binance live order book, 14 min ago	0.32 bp	13.7 bp −$14	41.0 bp −$410	213.3 bp −$21.3K	doesn't fit
Sell QFEX live order book, 3 min ago	1.59 bp	6.7 bp −$7	15.6 bp −$156	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	−0.0869%	8h	315.57	+0.098%	$1.8M	$1.4M	20x	as long as short
KuCoin COHRUSDTM	−0.0160%	8h	315.30	+0.012%	$349K	$298K	20x	as long as short
Aster COHRUSDT	0.0000%	8h	315.24	−0.006%	$39K	$36K	20x	as long as short
Extended COHR-USD	0.0000%	1h	315.24	−0.007%	$33K	$239K	10x	as long as short
Binance COHRUSDTlong	0.0000%	8h	315.26	long leg	$7.3M	$10.4M	25x
Bybit COHRUSDT	0.0000%	8h	315.17	−0.029%	$1.1M	$364K	25x	as long as short
OKX COHR-USDT-SWAP	0.0000%	8h	315.30	+0.012%	$1.0M	$2.1M	25x	as long as short
Gate COHR_USDT	0.0000%	8h	315.18	−0.026%	$612K	$1.1M	25x	as long as short
GRVT COHR_USDT_Perp	0.0000%	8h	316.08	+0.259%	$1K	$173K	10x	as long as short
SunX COHR-USDT	0.0000%	8h	315.03	−0.074%	—	$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	315.15	−0.036%	$5K	$41K	10x	as long as short
BloFin COHR-USDT	+0.0009%	8h	314.83	−0.137%	$46K	$111K	20x	as long as short
QFEX COHR-USDshort	+0.0034%	1h	315.27	+0.002%	$1.2M	$2.9M	10x
Paragon para:COHR	+0.0060%	1h	314.59	−0.214%	$464K	$163K	10x	as long as short
Aevo COHR-PERP	+0.0104%	1h	315.25	−0.003%	—	—	10x	as long as short