Settings8H · net · $10k
Funding arb · Price arb /

COHR

RWAall COHR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0290%/8h= −31.8% APRnext payment $2.90 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against OKX−0.047%7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$262as in the Funding arb table
Net, price: spread back to 7d avg − costs−$270as in the Price arb table
costs, in and out, $10k−$2742.744% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.127%+$13 on $10k
Price spread, last 4 days (all we have)+0.270%+$27 · spread now −0.047%, 7d avg −0.092%
Together, before fees+0.397%+$40 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.045% dearer against OKX than usual: you sell high and buy low (spread −0.047% now, against its 7-day average of −0.092%): +$5 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 12 hours. Mind the row above: over the last 7 days funding on this pair paid +0.127%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.127% in total (about 6.6% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.90 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX COHR-USDT-SWAP320.850get 0.0000% / 8h3h 37m$1.0M$2.1M25x
ShortKuCoin COHRUSDTM320.70−0.0290pay 0.0290% / 8h3h 37m$355K$320K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
−$60.9
Price spread: −0.047% → −0.092%
$4.53
Slippage, 4 orders
−$252.44
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$330.81
Costs to cover
2.744%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; KuCoin: live order book, 34 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 4 min ago1.09 bp10.7 bp −$1141.7 bp −$417doesn't fitdoesn't fit
Sell KuCoin live order book, 34 min ago4.63 bp54.8 bp −$55doesn't fitdoesn't fitdoesn't fit

COHR on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin COHRUSDTMshort−0.0290%8h320.70−0.047%$355K$320K20x
BloFin COHR-USDT−0.0014%8h321.03+0.056%$45K$111K20xas long as short
Aster COHRUSDT0.0000%8h320.78−0.022%$39K$36K20xas long as short
Extended COHR-USD0.0000%1h320.73−0.039%$33K$188K10xas long as short
Binance COHRUSDT0.0000%8h320.77−0.025%$7.4M$9.3M25xas long as short
Bybit COHRUSDT0.0000%8h320.72−0.041%$1.1M$345K25xas long as short
OKX COHR-USDT-SWAPlong0.0000%8h320.85long leg$1.0M$2.1M25x
Gate COHR_USDT0.0000%8h320.73−0.037%$620K$1.1M25xas long as short
Bitget COHRUSDT0.0000%8h320.69−0.050%$1.8M$1.3M20xas long as short
GRVT COHR_USDT_Perp0.0000%8h321.69+0.262%$1K$175K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX COHR-USDT0.0000%8h320.83−0.006%$2.4M10xas long as short
HTX COHR-USDT0.0000%8h321.60+0.234%$4K$41K10xas long as short
QFEX COHR-USD+0.0029%1h320.82−0.009%$1.2M$3.1M10xas long as short
Paragon para:COHR+0.0060%1h320.76−0.027%$473K$163K10xas long as short
Aevo COHR-PERP+0.0104%1h320.72−0.042%10xas long as short