Funding arb · Price arb /

COHR

RWAall COHR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0026%/8h= −2.9% APRpaid last 24h −0.009%

Price spread now: Binance against QFEX+0.018%7-day average +0.062% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$330.325% of the position

Long on QFEX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.012%−$1 on $10k

Price spread, last 7 days+0.010%+$1 · spread now +0.018%, 7d avg +0.062%

Together, before fees−0.001%$0 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.044% cheaper against QFEX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.062%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX COHR-USD	324.63	0.0026	pay 0.0003% / 1h	3m 28s	$1.2M	$3.5M	10x
Short	Binance COHRUSDT	324.69	0	get 0.0000% / 8h	5h 03m	$7.4M	$9.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against QFEX. 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 QFEXbpFee BinancebpOrdersPrice spread, now +0.018%Rate

Funding earned: −$5.48
Price spread: +0.018% → +0.062%: −$4.38
Slippage, 4 orders: −$12.5
Fee QFEX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$42.36
Costs to cover: 0.325%
Break-even: never at this rate

Slippage from QFEX: live order book, 5 min ago; Binance: live order book, 6 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 QFEX live order book, 5 min ago	1.39 bp	6.4 bp −$6	11.0 bp −$110	doesn't fit	doesn't fit
Sell Binance live order book, 6 min ago	0.15 bp	11.0 bp −$11	23.9 bp −$239	109.6 bp −$11.0K	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
KuCoin COHRUSDTM	−0.0276%	8h	324.10	−0.163%	$359K	$334K	20x	as long as short
BloFin COHR-USDT	−0.0010%	8h	324.82	+0.059%	$46K	$113K	20x	as long as short
Aster COHRUSDT	0.0000%	8h	324.57	−0.020%	$40K	$36K	20x	as long as short
Extended COHR-USD	0.0000%	1h	324.58	−0.017%	$36K	$190K	10x	as long as short
Binance COHRUSDTshort	0.0000%	8h	324.69	+0.018%	$7.4M	$9.2M	25x
Bybit COHRUSDT	0.0000%	8h	324.55	−0.025%	$1.2M	$339K	25x	as long as short
OKX COHR-USDT-SWAP	0.0000%	8h	324.86	+0.071%	$1.0M	$2.1M	25x	as long as short
Gate COHR_USDT	0.0000%	8h	324.65	+0.006%	$621K	$1.1M	25x	as long as short
Bitget COHRUSDT	0.0000%	8h	324.45	−0.055%	$1.8M	$1.3M	20x	as long as short
GRVT COHR_USDT_Perp	0.0000%	8h	324.74	+0.034%	$1K	$174K	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX COHR-USDT	0.0000%	8h	324.77	+0.043%	—	$2.4M	10x	as long as short
HTX COHR-USDT	0.0000%	8h	325.11	+0.148%	$5K	$41K	10x	as long as short
QFEX COHR-USDlong	+0.0026%	1h	324.63	long leg	$1.2M	$3.5M	10x
Paragon para:COHR	+0.0060%	1h	324.38	−0.078%	$478K	$164K	10x	as long as short
Aevo COHR-PERP	+0.0104%	1h	324.62	−0.004%	—	—	10x	as long as short