Funding arb · Price arb /

COHR

RWAall COHR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0208%/8h= +22.8% APRpaid last 24h +0.002%

Price spread now: Extended against SunX−0.009%7-day average −0.027% · you buy dearer than you sell

Net, funding: paid 7d − costs−$152as in the Funding arb table

Net, price: spread back to 7d avg − costs−$156as in the Price arb table

costs, in and out, $10k−$1581.576% of the position

Long on SunX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.051%+$5 on $10k

Price spread, last 4 days (all we have)−0.001%$0 · spread now −0.009%, 7d avg −0.027%

Together, before fees+0.051%+ Points / potential airdropExtended: Active · farm board+$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.027%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.051% in total (about 2.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX COHR-USDT	319.66	0	get 0.0000% / 8h	5h 46m	—	$1.7M	10x
Short	Extended COHR-USD	319.63	0.0208	get 0.0026% / 1h	46m 38s	$35K	$279K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.009%Rate

Funding earned: $43.68
Price spread: −0.009% → −0.027%: $1.71
Slippage, 4 orders: −$144.58
Fee SunX: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$112.19
Costs to cover: 1.576%
Break-even: 25.0 days

Slippage from SunX: live order book, 3 min ago; Extended: live order book, 63 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	44.96 bp	63.6 bp −$64	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 63 min ago	1.27 bp	14.6 bp −$15	128.7 bp −$1,287	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
Bitget COHRUSDT	−0.0239%	8h	319.59	−0.022%	$1.8M	$1.5M	20x	as long as short
Aster COHRUSDT	0.0000%	8h	319.98	+0.099%	$49K	$45K	20x	as long as short
Bybit COHRUSDT	0.0000%	8h	319.60	−0.019%	$985K	$672K	25x	as long as short
Gate COHR_USDT	0.0000%	8h	319.63	−0.009%	$648K	$1.1M	25x	as long as short
SunX COHR-USDTlong	0.0000%	8h	319.66	long leg	—	$1.7M	10x
HTX COHR-USDT	0.0000%	8h	320.34	+0.213%	$5K	$39K	10x	as long as short
OKX COHR-USDT-SWAP	+0.0038%	8h	319.70	+0.013%	$1.1M	$2.1M	25x	as long as short
Paragon para:COHR	+0.0060%	1h	319.46	−0.063%	$473K	$167K	10x	as long as short
QFEX COHR-USD	+0.0066%	1h	319.62	−0.013%	$1.2M	$2.4M	10x	as long as short
KuCoin COHRUSDTM	+0.0100%	8h	319.60	−0.019%	$370K	$401K	20x	as long as short

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo COHR-PERP	+0.0104%	1h	319.82	+0.050%	—	—	10x	as long as short
Extended COHR-USDshort	+0.0208%	1h	319.63	−0.009%	$35K	$279K	10x
Binance COHRUSDT	+0.0208%	8h	319.74	+0.024%	$7.5M	$11.4M	25x	as long as short
BloFin COHR-USDT	+0.0217%	8h	319.90	+0.075%	$537	$120K	20x	as long as short
GRVT COHR_USDT_Perp	+0.1360%	8h	320.24	+0.182%	$2K	$154K	10x	as long as short