Funding arb · Price arb /

COHR

RWAall COHR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against Bybit+0.051%7-day average +0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$95as in the Funding arb table

Net, price: spread back to 7d avg − costs−$99as in the Price arb table

costs, in and out, $10k−$1011.010% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.059%+$6 on $10k

Price spread, last 7 days−0.029%−$3 · spread now +0.051%, 7d avg +0.029%

Together, before fees+0.029%+$3 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: Binance is 0.022% dearer against Bybit than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.029%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit COHRUSDT	313.38	0	get 0.0000% / 8h	7h 20m	$978K	$664K	25x
Short	Binance COHRUSDT	313.54	0	get 0.0000% / 8h	7h 20m	$7.3M	$11.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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 BybitbpFee BinancebpOrdersPrice spread, now +0.051%Rate

Funding earned: $0
Price spread: +0.051% → +0.029%: $2.23
Slippage, 4 orders: −$80.04
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$98.81
Costs to cover: 1.010%
Break-even: never at this rate

Slippage from Bybit: live order book, 34 min ago; Binance: live order book, 4 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 Bybit live order book, 34 min ago	7.83 bp	44.0 bp −$44	197.4 bp −$1,974	doesn't fit	doesn't fit
Sell Binance live order book, 4 min ago	0.64 bp	15.7 bp −$16	50.1 bp −$501	148.4 bp −$14.8K	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 COHRUSDT	−0.0654%	8h	313.30	−0.026%	$1.8M	$1.4M	20x	as long as short
BloFin COHR-USDT	−0.0003%	8h	313.32	−0.019%	$46K	$115K	20x	as long as short
Aster COHRUSDT	0.0000%	8h	313.15	−0.075%	$48K	$45K	20x	as long as short
Extended COHR-USD	0.0000%	1h	313.20	−0.059%	$32K	$276K	10x	as long as short
Binance COHRUSDTshort	0.0000%	8h	313.54	+0.051%	$7.3M	$11.0M	25x
Bybit COHRUSDTlong	0.0000%	8h	313.38	long leg	$978K	$664K	25x
OKX COHR-USDT-SWAP	0.0000%	8h	314.06	+0.217%	$1.0M	$2.0M	25x	as long as short
Gate COHR_USDT	0.0000%	8h	313.19	−0.061%	$604K	$1.1M	25x	as long as short
GRVT COHR_USDT_Perp	0.0000%	8h	312.46	−0.294%	$2K	$161K	10x	as long as short
SunX COHR-USDT	0.0000%	8h	313.29	−0.029%	—	$2.2M	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	312.84	−0.172%	$5K	$39K	10x	as long as short
QFEX COHR-USD	+0.0055%	1h	313.14	−0.077%	$1.2M	$2.7M	10x	as long as short
Paragon para:COHR	+0.0060%	1h	312.82	−0.180%	$461K	$159K	10x	as long as short
KuCoin COHRUSDTM	+0.0100%	8h	312.70	−0.217%	$363K	$310K	20x	as long as short
Aevo COHR-PERP	+0.0104%	1h	313.01	−0.117%	—	—	10x	as long as short