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 −0.004%

Price spread now: Bybit against GRVT−0.070%110s7-day average −0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs−$91as 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−$750.751% of the position

Long on GRVT Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.164%−$16 on $10k

Price spread, last 4 days (all we have)−0.150%−$15 · spread now −0.070%, 7d avg −0.026%

Together, before fees−0.313%+ Points / potential airdropGRVT: Active · farm board−$31 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 0.044% cheaper against GRVT than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.026%. The two prices were read 110 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	GRVT COHR_USDT_Perp	323.24	0	get 0.0000% / 8h	3h 53m	$1K	$175K	10x
Short	Bybit COHRUSDT	323.01	0	get 0.0000% / 8h	3h 53m	$1.1M	$341K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against GRVT. 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 GRVTbpFee BybitbpOrdersPrice spread, now −0.070%Rate

Funding earned: $0
Price spread: −0.070% → −0.026%: −$4.41
Slippage, 4 orders: −$55.12
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$79.52
Costs to cover: 0.751%
Break-even: never at this rate

Slippage from GRVT: live order book, 59 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 GRVT live order book, 59 min ago	2.31 bp	12.3 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	3.87 bp	27.5 bp −$27	207.0 bp −$2,070	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
KuCoin COHRUSDTM	−0.0335%	8h	323.00	−0.073%	$358K	$329K	20x	as long as short
Aster COHRUSDT	0.0000%	8h	323.14	−0.031%	$40K	$36K	20x	as long as short
Extended COHR-USD	0.0000%	1h	323.16	−0.024%	$36K	$183K	10x	as long as short
Binance COHRUSDT	0.0000%	8h	323.18	−0.018%	$7.5M	$9.2M	25x	as long as short
Bybit COHRUSDTshort	0.0000%	8h	323.01	−0.070%	$1.1M	$341K	25x
OKX COHR-USDT-SWAP	0.0000%	8h	323.02	−0.067%	$1.0M	$2.1M	25x	as long as short
Gate COHR_USDT	0.0000%	8h	323.09	−0.046%	$618K	$1.0M	25x	as long as short
Bitget COHRUSDT	0.0000%	8h	323.01	−0.070%	$1.8M	$1.3M	20x	as long as short
GRVT COHR_USDT_Perplong	0.0000%	8h	323.24	long leg	$1K	$175K	10x
SunX COHR-USDT	0.0000%	8h	323.27	+0.010%	—	$2.4M	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX COHR-USDT	0.0000%	8h	322.50	−0.228%	$5K	$41K	10x	as long as short
BloFin COHR-USDT	+0.0014%	8h	322.96	−0.086%	$46K	$112K	20x	as long as short
QFEX COHR-USD	+0.0029%	1h	323.17	−0.021%	$1.2M	$3.1M	10x	as long as short
Aevo COHR-PERP	+0.0104%	1h	323.09	−0.046%	—	—	10x	as long as short
Paragon para:COHR	+0.0210%	1h	323.06	−0.053%	$476K	$163K	10x	as long as short