Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Bybit against KuCoin−0.072%7-day average +0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$369as in the Funding arb table
Net, price: spread back to 7d avg − costs−$363as in the Price arb table
costs, in and out, $10k−$3493.492% of the position
Funding, last 7 days−0.196%−$20 on $10k
+Price spread, last 4 days (all we have)−0.147%−$15 · spread now −0.072%, 7d avg +0.067%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.140% cheaper against KuCoin than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.067%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin COHRUSDTM | 319.00 | 0.0100 | pay 0.0100% / 8h | 4h 56m | $370K | $451K | 20x |
| Short | Bybit COHRUSDT | 318.77 | 0 | get 0.0000% / 8h | 4h 56m | $1.0M | $670K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$21
- Price spread: −0.072% → +0.067%
- −$13.96
- Slippage, 4 orders
- −$326.17
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$384.13
- Costs to cover
- 3.492%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 38 min ago; Bybit: 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 KuCoin live order book, 38 min ago | 21.99 bp | 110.0 bp −$110 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 5.01 bp | 61.7 bp −$62 | 212.6 bp −$2,126 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster COHRUSDT | 0.0000% | 8h | 319.34 | +0.105% | $49K | $45K | 20x | as long as short |
| Bybit COHRUSDTshort | 0.0000% | 8h | 318.77 | −0.072% | $1.0M | $670K | 25x | |
| OKX COHR-USDT-SWAP | 0.0000% | 8h | 319.10 | +0.031% | $1.2M | $2.1M | 25x | as long as short |
| Gate COHR_USDT | 0.0000% | 8h | 319.10 | +0.031% | $677K | $1.2M | 25x | as long as short |
| Bitget COHRUSDT | 0.0000% | 8h | 319.13 | +0.041% | $1.9M | $1.6M | 20x | as long as short |
| SunX COHR-USDT | 0.0000% | 8h | 319.24 | +0.075% | — | $1.6M | 10x | as long as short |
| HTX COHR-USDT | 0.0000% | 8h | 319.61 | +0.191% | $5K | $39K | 10x | as long as short |
| QFEX COHR-USD | +0.0051% | 1h | 319.02 | +0.006% | $1.2M | $2.3M | 10x | as long as short |
| Paragon para:COHR | +0.0060% | 1h | 318.93 | −0.022% | $472K | $165K | 10x | as long as short |
| Binance COHRUSDT | +0.0068% | 8h | 319.19 | +0.060% | $7.7M | $11.9M | 25x | as long as short |
Show all 15 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended COHR-USD | +0.0072% | 1h | 319.09 | +0.030% | $34K | $278K | 10x | as long as short |
| BloFin COHR-USDT | +0.0097% | 8h | 319.25 | +0.078% | $47K | $118K | 20x | as long as short |
| KuCoin COHRUSDTMlong | +0.0100% | 8h | 319.00 | long leg | $370K | $451K | 20x | |
| Aevo COHR-PERP | +0.0104% | 1h | 319.28 | +0.088% | — | — | 10x | as long as short |
| GRVT COHR_USDT_Perp | +0.0389% | 8h | 319.10 | +0.030% | $2K | $152K | 10x | as long as short |
KuCoin COHRUSDTM
Bybit COHRUSDT
Aster COHRUSDT
OKX COHR-USDT-SWAP
Gate COHR_USDT
Bitget COHRUSDT
SunX COHR-USDT
HTX COHR-USDT
Paragon para:COHR
Binance COHRUSDT
Extended COHR-USD
BloFin COHR-USDT
GRVT COHR_USDT_Perp