Settings8H · net · $10k
Funding arb · Price arb /

COHR

RWAall COHR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0842%/8h= +92.2% APRnext payment +$8.42 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget−0.079%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$950.953% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.105%−$11 on $10k
Price spread, last 7 days+0.057%+$6 · spread now −0.079%, 7d avg +0.008%
Together, before fees−0.048%−$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.087% cheaper against Bitget than usual: you would sell low and buy high (spread −0.079% now, against its 7-day average of +0.008%). If the spread goes back, that is −$9 on $10k: about 8 hours of funding at the current rate (+$25 a day). Mind the row above: over the last 7 days funding on this pair cost −0.105%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.105% in total (about -5.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.42 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget COHRUSDT316.22−0.0842get 0.0842% / 8h1h 50m$1.8M$1.4M20x
ShortBybit COHRUSDT315.970get 0.0000% / 8h1h 50m$1.1M$367K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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

Funding earned
$176.82
Price spread: −0.079% → +0.008%
−$8.73
Slippage, 4 orders
−$72.32
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$72.76
Costs to cover
0.953%
Break-even
4.1 days
Slippage from Bitget: live order book, 2 min ago; Bybit: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 2 min ago6.01 bp13.4 bp −$1348.9 bp −$489doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago5.53 bp35.1 bp −$35200.2 bp −$2,002doesn't fitdoesn't fit

COHR on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget COHRUSDTlong−0.0842%8h316.22long leg$1.8M$1.4M20x
KuCoin COHRUSDTM−0.0111%8h315.90−0.101%$351K$296K20xas long as short
BloFin COHR-USDT−0.0013%8h316.06−0.051%$46K$113K20xas long as short
Aster COHRUSDT0.0000%8h316.05−0.054%$39K$36K20xas long as short
Extended COHR-USD0.0000%1h316.11−0.036%$34K$241K10xas long as short
Binance COHRUSDT0.0000%8h316.18−0.012%$7.3M$10.6M25xas long as short
Bybit COHRUSDTshort0.0000%8h315.97−0.079%$1.1M$367K25x
OKX COHR-USDT-SWAP0.0000%8h316.33+0.035%$1.0M$2.1M25xas long as short
Gate COHR_USDT0.0000%8h316.05−0.054%$613K$1.1M25xas long as short
GRVT COHR_USDT_Perp0.0000%8h316.39+0.055%$2K$173K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX COHR-USDT0.0000%8h316.41+0.060%$2.4M10xas long as short
HTX COHR-USDT0.0000%8h315.98−0.076%$5K$40K10xas long as short
QFEX COHR-USD+0.0030%1h315.97−0.079%$1.2M$2.8M10xas long as short
Paragon para:COHR+0.0060%1h315.88−0.106%$466K$163K10xas long as short
Aevo COHR-PERP+0.0104%1h316.01−0.065%10xas long as short