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: Gate against OKX−0.152%7-day average +0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$110as in the Funding arb table

Net, price: spread back to 7d avg − costs−$98as in the Price arb table

costs, in and out, $10k−$830.827% of the position

Long on OKX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.270%−$27 on $10k

Price spread, last 7 days+0.100%+$10 · spread now −0.152%, 7d avg +0.002%

Together, before fees−0.171%−$17 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: Gate is 0.154% cheaper against OKX than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX COHR-USDT-SWAP	316.83	0	get 0.0000% / 8h	55m 11s	$1.0M	$2.1M	25x
Short	Gate COHR_USDT	316.35	0	get 0.0000% / 8h	55m 11s	$616K	$1.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against OKX. 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 OKXbpFee GatebpOrdersPrice spread, now −0.152%Rate

Funding earned: $0
Price spread: −0.152% → +0.002%: −$15.36
Slippage, 4 orders: −$57.74
Fee OKX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$98.11
Costs to cover: 0.827%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; Gate: 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 OKX live order book, 2 min ago	3.00 bp	12.2 bp −$12	41.1 bp −$411	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	11.21 bp	23.5 bp −$23	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
Bitget COHRUSDT	−0.0839%	8h	316.21	−0.196%	$1.8M	$1.5M	20x	as long as short
KuCoin COHRUSDTM	−0.0017%	8h	316.10	−0.230%	$351K	$284K	20x	as long as short
BloFin COHR-USDT	−0.0012%	8h	316.28	−0.174%	$46K	$115K	20x	as long as short
Paragon para:COHR	−0.0008%	1h	316.28	−0.174%	$466K	$163K	10x	as long as short
Aster COHRUSDT	0.0000%	8h	316.72	−0.034%	$39K	$45K	20x	as long as short
Extended COHR-USD	0.0000%	1h	316.22	−0.194%	$33K	$278K	10x	as long as short
Binance COHRUSDT	0.0000%	8h	316.37	−0.146%	$7.3M	$10.6M	25x	as long as short
Bybit COHRUSDT	0.0000%	8h	316.39	−0.139%	$1.1M	$368K	25x	as long as short
OKX COHR-USDT-SWAPlong	0.0000%	8h	316.83	long leg	$1.0M	$2.1M	25x
Gate COHR_USDTshort	0.0000%	8h	316.35	−0.152%	$616K	$1.1M	25x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT COHR_USDT_Perp	0.0000%	8h	316.59	−0.075%	$2K	$167K	10x	as long as short
SunX COHR-USDT	0.0000%	8h	316.27	−0.177%	—	$2.4M	10x	as long as short
HTX COHR-USDT	0.0000%	8h	317.47	+0.202%	$5K	$41K	10x	as long as short
QFEX COHR-USD	+0.0035%	1h	316.26	−0.180%	$1.2M	$2.7M	10x	as long as short
Aevo COHR-PERP	+0.0104%	1h	316.19	−0.203%	—	—	10x	as long as short