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: Bitget against KuCoin+0.092%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$223as in the Funding arb table
Net, price: spread back to 7d avg − costs−$211as 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%
=The price spread pays, funding is against you. Bitget is 0.037% dearer against KuCoin than usual: you sell high and buy low (spread +0.092% now, against its 7-day average of +0.055%): +$4 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 3 hours. 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 | KuCoin COHRUSDTM | 315.20 | −0.0091 | get 0.0091% / 8h | 1h 40m | $349K | $295K | 20x |
| Short | Bitget COHRUSDT | 315.49 | −0.0942 | pay 0.0942% / 8h | 1h 40m | $1.8M | $1.4M | 20x |
KuCoin COHRUSDTM
Bitget COHRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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%
- $3.67
- Slippage, 4 orders
- −$190.41
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$389.45
- Costs to cover
- 2.144%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Bitget: live order book, 1 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 KuCoin live order book, 2 min ago | 22.25 bp | 85.9 bp −$86 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 4.92 bp | 19.0 bp −$19 | 39.2 bp −$392 | 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 COHRUSDTshort | −0.0942% | 8h | 315.49 | +0.092% | $1.8M | $1.4M | 20x | |
| KuCoin COHRUSDTMlong | −0.0091% | 8h | 315.20 | long leg | $349K | $295K | 20x | |
| Aster COHRUSDT | 0.0000% | 8h | 315.22 | +0.006% | $39K | $36K | 20x | as long as short |
| Extended COHR-USD | 0.0000% | 1h | 315.10 | −0.030% | $33K | $243K | 10x | as long as short |
| Binance COHRUSDT | 0.0000% | 8h | 315.19 | −0.002% | $7.3M | $10.6M | 25x | as long as short |
| Bybit COHRUSDT | 0.0000% | 8h | 315.08 | −0.038% | $1.1M | $368K | 25x | as long as short |
| OKX COHR-USDT-SWAP | 0.0000% | 8h | 315.20 | 0.000% | $1.0M | $2.1M | 25x | as long as short |
| Gate COHR_USDT | 0.0000% | 8h | 315.11 | −0.029% | $611K | $1.1M | 25x | as long as short |
| GRVT COHR_USDT_Perp | 0.0000% | 8h | 315.22 | +0.006% | $2K | $169K | 10x | as long as short |
| SunX COHR-USDT | 0.0000% | 8h | 315.04 | −0.051% | — | $2.4M | 10x | as long as short |
Aster COHRUSDT
Extended COHR-USD
Binance COHRUSDT
Bybit COHRUSDT
OKX COHR-USDT-SWAP
Gate COHR_USDT
GRVT COHR_USDT_Perp
SunX COHR-USDTShow 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 | +0.203% | $4K | $40K | 10x | as long as short |
| BloFin COHR-USDT | +0.0016% | 8h | 315.15 | −0.016% | $46K | $112K | 20x | as long as short |
| QFEX COHR-USD | +0.0030% | 1h | 315.06 | −0.044% | $1.2M | $2.7M | 10x | as long as short |
| Paragon para:COHR | +0.0091% | 1h | 315.25 | +0.016% | $465K | $163K | 10x | as long as short |
| Aevo COHR-PERP | +0.0104% | 1h | 315.15 | −0.015% | — | — | 10x | as long as short |
HTX COHR-USDT
BloFin COHR-USDT
QFEX COHR-USD
Paragon para:COHR
Aevo COHR-PERP