Funding arb · Price arb /

COHR

RWAall COHR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against Gate+0.086%53s7-day average −0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs−$178as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1991.986% of the position

Long on Gate Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.207%+$21 on $10k

Price spread, last 3 days (all we have)−0.077%−$8 · spread now +0.086%, 7d avg −0.033%

Together, before fees+0.130%+$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: SunX is 0.119% dearer against Gate than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.033%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate COHR_USDT	324.59	0	get 0.0000% / 8h	7h 24m	$624K	$1.2M	25x
Short	SunX COHR-USDT	324.87	0	get 0.0000% / 8h	7h 24m	—	$2.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Gate. 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 GatebpFee SunXbpOrdersPrice spread, now +0.086%Rate

Funding earned: $0
Price spread: +0.086% → −0.033%: $11.93
Slippage, 4 orders: −$175.6
Fee Gate: 7.5 bp × 2 orders: −$15
Fee SunX: 4 bp × 2 orders: −$8
Net: −$186.67
Costs to cover: 1.986%
Break-even: never at this rate

Slippage from Gate: live order book, 3 min ago; SunX: live order book, 3 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 Gate live order book, 3 min ago	5.23 bp	48.6 bp −$49	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 3 min ago	46.90 bp	66.4 bp −$66	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
Aster COHRUSDT	0.0000%	8h	324.67	+0.025%	$40K	$36K	20x	as long as short
Extended COHR-USD	0.0000%	1h	324.50	−0.029%	$35K	$196K	10x	as long as short
Binance COHRUSDT	0.0000%	8h	324.63	+0.013%	$7.5M	$9.4M	25x	as long as short
Bybit COHRUSDT	0.0000%	8h	324.70	+0.034%	$1.2M	$365K	25x	as long as short
OKX COHR-USDT-SWAP	0.0000%	8h	324.46	−0.040%	$1.0M	$2.2M	25x	as long as short
Gate COHR_USDTlong	0.0000%	8h	324.59	long leg	$624K	$1.2M	25x
Bitget COHRUSDT	0.0000%	8h	324.44	−0.046%	$1.8M	$1.3M	20x	as long as short
SunX COHR-USDTshort	0.0000%	8h	324.87	+0.086%	—	$2.6M	10x
HTX COHR-USDT	0.0000%	8h	324.39	−0.062%	$5K	$40K	10x	as long as short
Paragon para:COHR	+0.0001%	1h	324.27	−0.098%	$461K	$165K	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin COHR-USDT	+0.0018%	8h	324.89	+0.092%	$45K	$115K	20x	as long as short
KuCoin COHRUSDTM	+0.0041%	8h	323.90	−0.213%	$356K	$356K	20x	as long as short
QFEX COHR-USD	+0.0048%	1h	324.46	−0.040%	$1.2M	$3.6M	10x	as long as short
Aevo COHR-PERP	+0.0104%	1h	324.55	−0.014%	—	—	10x	as long as short
GRVT COHR_USDT_Perp	+0.0229%	8h	325.10	+0.158%	$2K	$185K	10x	as long as short