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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget COHRUSDT | 315.49 | −0.0942 | get 0.0942% / 8h | 1h 40m | $1.8M | $1.4M | 20x |
| Short | KuCoin COHRUSDTM | 315.20 | −0.0091 | pay 0.0091% / 8h | 1h 40m | $349K | $295K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 1 min ago | 4.92 bp | 18.5 bp −$18 | 32.8 bp −$328 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 22.25 bp | 91.0 bp −$91 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COHRUSDTlong | −0.0942% | 8h | 315.49 | long leg | $1.8M | $1.4M | 20x | |
| KuCoin COHRUSDTMshort | −0.0091% | 8h | 315.20 | −0.092% | $349K | $295K | 20x | |
| Aster COHRUSDT | 0.0000% | 8h | 315.21 | −0.089% | $39K | $36K | 20x | as long as short |
| Extended COHR-USD | 0.0000% | 1h | 315.10 | −0.122% | $33K | $243K | 10x | as long as short |
| Binance COHRUSDT | 0.0000% | 8h | 315.22 | −0.086% | $7.3M | $10.6M | 25x | as long as short |
| Bybit COHRUSDT | 0.0000% | 8h | 315.06 | −0.136% | $1.1M | $368K | 25x | as long as short |
| OKX COHR-USDT-SWAP | 0.0000% | 8h | 315.20 | −0.092% | $1.0M | $2.1M | 25x | as long as short |
| Gate COHR_USDT | 0.0000% | 8h | 315.13 | −0.114% | $611K | $1.1M | 25x | as long as short |
| GRVT COHR_USDT_Perp | 0.0000% | 8h | 315.22 | −0.086% | $2K | $169K | 10x | as long as short |
| SunX COHR-USDT | 0.0000% | 8h | 315.04 | −0.143% | — | $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 | 315.84 | +0.111% | $4K | $40K | 10x | as long as short |
| BloFin COHR-USDT | +0.0016% | 8h | 315.15 | −0.108% | $46K | $112K | 20x | as long as short |
| QFEX COHR-USD | +0.0030% | 1h | 315.06 | −0.136% | $1.2M | $2.7M | 10x | as long as short |
| Paragon para:COHR | +0.0091% | 1h | 315.25 | −0.076% | $465K | $163K | 10x | as long as short |
| Aevo COHR-PERP | +0.0104% | 1h | 315.15 | −0.109% | — | — | 10x | as long as short |
Bitget COHRUSDT
KuCoin COHRUSDTM
Aster COHRUSDT
Extended COHR-USD
Binance COHRUSDT
Bybit COHRUSDT
OKX COHR-USDT-SWAP
Gate COHR_USDT
GRVT COHR_USDT_Perp
SunX COHR-USDT
HTX COHR-USDT
BloFin COHR-USDT
Paragon para:COHR