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: Bybit against SunX−0.076%46s7-day average −0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$183as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1821.824% of the position

Long on SunX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.006%−$1 on $10k

Price spread, last 4 days (all we have)+0.073%+$7 · spread now −0.076%, 7d avg −0.017%

Together, before fees+0.068%+$7 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: Bybit is 0.059% cheaper against SunX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.017%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX COHR-USDT	316.03	0	get 0.0000% / 8h	1h 23m	—	$2.4M	10x
Short	Bybit COHRUSDT	315.79	0	get 0.0000% / 8h	1h 23m	$1.1M	$368K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against SunX. 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 SunXbpFee BybitbpOrdersPrice spread, now −0.076%Rate

Funding earned: $0
Price spread: −0.076% → −0.017%: −$5.87
Slippage, 4 orders: −$163.39
Fee SunX: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$188.26
Costs to cover: 1.824%
Break-even: never at this rate

Slippage from SunX: live order book, 3 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 SunX live order book, 3 min ago	44.87 bp	63.6 bp −$64	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	5.23 bp	23.2 bp −$23	201.9 bp −$2,019	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	−0.1028%	8h	316.13	+0.032%	$1.8M	$1.4M	20x	as long as short
KuCoin COHRUSDTM	−0.0062%	8h	315.50	−0.168%	$350K	$291K	20x	as long as short
BloFin COHR-USDT	−0.0026%	8h	315.96	−0.022%	$46K	$113K	20x	as long as short
Aster COHRUSDT	0.0000%	8h	315.80	−0.072%	$39K	$36K	20x	as long as short
Extended COHR-USD	0.0000%	1h	316.15	+0.039%	$33K	$243K	10x	as long as short
Binance COHRUSDT	0.0000%	8h	316.17	+0.045%	$7.3M	$10.6M	25x	as long as short
Bybit COHRUSDTshort	0.0000%	8h	315.79	−0.076%	$1.1M	$368K	25x
OKX COHR-USDT-SWAP	0.0000%	8h	316.30	+0.085%	$1.0M	$2.1M	25x	as long as short
Gate COHR_USDT	0.0000%	8h	316.08	+0.016%	$614K	$1.1M	25x	as long as short
GRVT COHR_USDT_Perp	0.0000%	8h	315.49	−0.171%	$2K	$168K	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-USDTlong	0.0000%	8h	316.03	long leg	—	$2.4M	10x
HTX COHR-USDT	0.0000%	8h	316.16	+0.041%	$4K	$41K	10x	as long as short
QFEX COHR-USD	+0.0030%	1h	316.14	+0.035%	$1.2M	$2.7M	10x	as long as short
Paragon para:COHR	+0.0060%	1h	315.95	−0.025%	$466K	$163K	10x	as long as short
Aevo COHR-PERP	+0.0104%	1h	315.96	−0.021%	—	—	10x	as long as short