Funding arb · Price arb /

COHR

RWAall COHR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0008%/8h= +0.9% APRpaid last 24h +0.009%

Price spread now: QFEX against BloFin−0.066%7-day average −0.015% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$520.522% of the position

Long on BloFin 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 4 days (all we have)+0.122%+$12 · spread now −0.066%, 7d avg −0.015%

Together, before fees+0.134%+$13 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: QFEX is 0.051% cheaper against BloFin than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin COHR-USDT	316.04	0.0042	pay 0.0042% / 8h	6h 15m	$46K	$117K	20x
Short	QFEX COHR-USD	315.83	0.0050	get 0.0006% / 1h	15m 02s	$1.2M	$2.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against BloFin. 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 BloFinbpFee QFEXbpOrdersPrice spread, now −0.066%Rate

Funding earned: $1.75
Price spread: −0.066% → −0.015%: −$5.13
Slippage, 4 orders: −$30.15
Fee BloFin: 6 bp × 2 orders: −$12
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$55.54
Costs to cover: 0.522%
Break-even: 229.5 days

Slippage from BloFin: live order book, 28 min ago; QFEX: live order book, 6 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 BloFin live order book, 28 min ago	0.63 bp	13.9 bp −$14	27.2 bp −$272	doesn't fit	doesn't fit
Sell QFEX live order book, 6 min ago	1.58 bp	9.3 bp −$9	doesn't fit	doesn't fit	doesn't fit

COHR on 15 exchanges

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	−0.0372%	8h	316.21	+0.054%	$1.8M	$1.4M	20x	as long as short
Aster COHRUSDT	0.0000%	8h	315.71	−0.105%	$48K	$45K	20x	as long as short
Bybit COHRUSDT	0.0000%	8h	315.82	−0.070%	$972K	$670K	25x	as long as short
OKX COHR-USDT-SWAP	0.0000%	8h	316.51	+0.149%	$1.1M	$2.1M	25x	as long as short
Gate COHR_USDT	0.0000%	8h	315.90	−0.044%	$633K	$1.1M	25x	as long as short
SunX COHR-USDT	0.0000%	8h	316.01	−0.009%	—	$1.8M	10x	as long as short
HTX COHR-USDT	0.0000%	8h	315.76	−0.089%	$5K	$39K	10x	as long as short
Binance COHRUSDT	+0.0038%	8h	316.27	+0.072%	$7.3M	$11.1M	25x	as long as short
Extended COHR-USD	+0.0040%	1h	316.21	+0.053%	$36K	$277K	10x	as long as short
BloFin COHR-USDTlong	+0.0042%	8h	316.04	long leg	$46K	$117K	20x

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX COHR-USDshort	+0.0050%	1h	315.83	−0.066%	$1.2M	$2.5M	10x
Paragon para:COHR	+0.0060%	1h	315.63	−0.130%	$467K	$168K	10x	as long as short
KuCoin COHRUSDTM	+0.0100%	8h	315.60	−0.139%	$366K	$373K	20x	as long as short
Aevo COHR-PERP	+0.0104%	1h	315.73	−0.099%	—	—	10x	as long as short
GRVT COHR_USDT_Perp	+0.1125%	8h	315.69	−0.111%	$2K	$155K	10x	as long as short