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+0.0851%/8h= +93.2% APRnext payment +$8.51 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Bitget−0.092%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$205as in the Funding arb table
Net, price: spread back to 7d avg − costs−$218as in the Price arb table
costs, in and out, $10k−$2142.144% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.091%+$9 on $10k
Price spread, last 4 days (all we have)−0.003%$0 · spread now −0.092%, 7d avg −0.055%
Together, before fees+0.087%+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.037% cheaper against Bitget than usual: you would sell low and buy high (spread −0.092% now, against its 7-day average of −0.055%). If the spread goes back, that is −$4 on $10k: about 3 hours of funding at the current rate (+$26 a day). At the pace of the last 7 days (+0.091% in total) that is about 2.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.091% in total (about 4.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.51 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 COHRUSDT315.49−0.0942get 0.0942% / 8h1h 40m$1.8M$1.4M20x
ShortKuCoin COHRUSDTM315.20−0.0091pay 0.0091% / 8h1h 40m$349K$295K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$178.71
Price spread: −0.092% → −0.055%
−$3.66
Slippage, 4 orders
−$190.41
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$39.35
Costs to cover
2.144%
Break-even
8.5 days
Slippage from Bitget: live order book, 1 min ago; KuCoin: live order book, 2 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, 1 min ago4.92 bp18.5 bp −$1832.8 bp −$328doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago22.25 bp91.0 bp −$91doesn't fitdoesn'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−0.0942%8h315.49long leg$1.8M$1.4M20x
KuCoin COHRUSDTMshort−0.0091%8h315.20−0.092%$349K$295K20x
Aster COHRUSDT0.0000%8h315.21−0.089%$39K$36K20xas long as short
Extended COHR-USD0.0000%1h315.10−0.122%$33K$243K10xas long as short
Binance COHRUSDT0.0000%8h315.22−0.086%$7.3M$10.6M25xas long as short
Bybit COHRUSDT0.0000%8h315.06−0.136%$1.1M$368K25xas long as short
OKX COHR-USDT-SWAP0.0000%8h315.20−0.092%$1.0M$2.1M25xas long as short
Gate COHR_USDT0.0000%8h315.13−0.114%$611K$1.1M25xas long as short
GRVT COHR_USDT_Perp0.0000%8h315.22−0.086%$2K$169K10xas long as short
SunX COHR-USDT0.0000%8h315.04−0.143%$2.4M10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX COHR-USDT0.0000%8h315.84+0.111%$4K$40K10xas long as short
BloFin COHR-USDT+0.0016%8h315.15−0.108%$46K$112K20xas long as short
QFEX COHR-USD+0.0030%1h315.06−0.136%$1.2M$2.7M10xas long as short
Paragon para:COHR+0.0091%1h315.25−0.076%$465K$163K10xas long as short
Aevo COHR-PERP+0.0104%1h315.15−0.109%10xas long as short