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−0.0180%/8h= −19.7% APRnext payment $1.80 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against SunX−0.216%7-day average −0.087% · you buy dearer than you sell
Net, funding: paid 7d − costs−$358as in the Funding arb table
Net, price: spread back to 7d avg − costs−$390as in the Price arb table
costs, in and out, $10k−$3773.768% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.190%+$19 on $10k
Price spread, last 3 days (all we have)+0.167%+$17 · spread now −0.216%, 7d avg −0.087%
Together, before fees+0.358%+$36 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and KuCoin is 0.129% cheaper against SunX than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.087%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.190%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX COHR-USDT323.600get 0.0000% / 8h5h 49m$2.4M10x
ShortKuCoin COHRUSDTM322.90−0.0180pay 0.0180% / 8h5h 49m$357K$348K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
−$37.8
Price spread: −0.216% → −0.087%
−$12.93
Slippage, 4 orders
−$356.82
Fee SunX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$427.55
Costs to cover
3.768%
Break-even
never at this rate
Slippage from SunX: live order book, 7 min ago; KuCoin: live order book, 47 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 SunX live order book, 7 min ago45.27 bp64.0 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 47 min ago6.21 bp63.8 bp −$64doesn't fitdoesn't fitdoesn't fit

COHR on 14 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−0.0180%8h322.90−0.216%$357K$348K20x
Aster COHRUSDT0.0000%8h323.63+0.009%$40K$36K20xas long as short
Extended COHR-USD0.0000%1h323.45−0.045%$33K$193K10xas long as short
Binance COHRUSDT0.0000%8h323.54−0.019%$7.4M$9.3M25xas long as short
Bybit COHRUSDT0.0000%8h323.46−0.043%$1.2M$338K25xas long as short
OKX COHR-USDT-SWAP0.0000%8h323.64+0.012%$1.0M$2.1M25xas long as short
Gate COHR_USDT0.0000%8h323.55−0.015%$618K$1.1M25xas long as short
Bitget COHRUSDT0.0000%8h323.52−0.025%$1.8M$1.3M20xas long as short
GRVT COHR_USDT_Perp0.0000%8h323.45−0.048%$2K$176K10xas long as short
SunX COHR-USDTlong0.0000%8h323.60long leg$2.4M10x
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX COHR-USDT0.0000%8h323.18−0.130%$5K$41K10xas long as short
QFEX COHR-USD+0.0026%1h323.65+0.015%$1.2M$3.6M10xas long as short
Aevo COHR-PERP+0.0104%1h323.50−0.029%10xas long as short
Paragon para:COHR+0.0132%1h323.58−0.007%$478K$163K10xas long as short