Funding arb · Price arb /

COHR

RWAall COHR markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: SunX against Binance−0.056%46s7-day average +0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$160as 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−$1551.552% of the position

Long on Binance Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.053%−$5 on $10k

Price spread, last 1 day (all we have)+0.046%+$5 · spread now −0.056%, 7d avg +0.009%

Together, before fees−0.007%−$1 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 0.066% cheaper against Binance than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.009%. 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	Binance COHRUSDT	324.24	0	get 0.0000% / 8h	4h 22m	$7.4M	$9.0M	25x
Short	SunX COHR-USDT	324.06	0	get 0.0000% / 8h	4h 22m	—	$2.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.056%Rate

Funding earned: $0
Price spread: −0.056% → +0.009%: −$6.58
Slippage, 4 orders: −$137.19
Fee Binance: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$161.77
Costs to cover: 1.552%
Break-even: never at this rate

Slippage from Binance: live order book, 6 min ago; SunX: live order book, 8 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, 6 min ago	1.39 bp	11.7 bp −$12	24.7 bp −$247	105.3 bp −$10.5K	doesn't fit
Sell SunX live order book, 8 min ago	46.38 bp	65.8 bp −$66	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
Paragon para:COHR	−0.0164%	1h	323.81	−0.133%	$459K	$157K	10x	as long as short
Aster COHRUSDT	0.0000%	8h	324.25	+0.003%	$40K	$36K	20x	as long as short
Extended COHR-USD	0.0000%	1h	324.25	+0.003%	$38K	$203K	10x	as long as short
Binance COHRUSDTlong	0.0000%	8h	324.24	long leg	$7.4M	$9.0M	25x
Bybit COHRUSDT	0.0000%	8h	324.15	−0.029%	$1.2M	$359K	25x	as long as short
OKX COHR-USDT-SWAP	0.0000%	8h	324.18	−0.019%	$1.0M	$2.0M	25x	as long as short
Gate COHR_USDT	0.0000%	8h	324.17	−0.022%	$617K	$1.2M	25x	as long as short
Bitget COHRUSDT	0.0000%	8h	324.08	−0.050%	$1.7M	$1.3M	20x	as long as short
GRVT COHR_USDT_Perp	0.0000%	8h	324.09	−0.047%	$2K	$204K	10x	as long as short
SunX COHR-USDTshort	0.0000%	8h	324.06	−0.056%	—	$2.6M	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	323.32	−0.285%	$5K	$40K	10x	as long as short
BloFin COHR-USDT	+0.0002%	8h	324.03	−0.066%	$46K	$114K	20x	as long as short
QFEX COHR-USD	+0.0010%	1h	324.21	−0.010%	$1.2M	$3.4M	10x	as long as short
KuCoin COHRUSDTM	+0.0100%	8h	323.80	−0.137%	$335K	$325K	20x	as long as short
Aevo COHR-PERP	+0.0104%	1h	324.05	−0.059%	—	—	10x	as long as short