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: SunX against GRVT−0.319%74s7-day average −0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs−$175as 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−$1591.590% of the position

Long on GRVT Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.158%−$16 on $10k

Price spread, last 4 days (all we have)+0.243%+$24 · spread now −0.319%, 7d avg −0.012%

Together, before fees+0.085%+ Points / potential airdropGRVT: Active · farm board+$8 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: SunX is 0.308% cheaper against GRVT than usual: you would sell low and buy high, −$31 on $10k if it goes back to its 7-day average of −0.012%. The two prices were read 74 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	321.78	0	get 0.0000% / 8h	3h 23m	$2K	$176K	10x
Short	SunX COHR-USDT	320.75	0	get 0.0000% / 8h	3h 23m	—	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.319%Rate

Funding earned: $0
Price spread: −0.319% → −0.012%: −$30.76
Slippage, 4 orders: −$141.99
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee SunX: 4 bp × 2 orders: −$8
Net: −$189.75
Costs to cover: 1.590%
Break-even: never at this rate

Slippage from GRVT: live order book, 24 min ago; SunX: live order book, 3 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, 24 min ago	2.79 bp	16.0 bp −$16	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 3 min ago	45.01 bp	64.4 bp −$64	doesn't fit	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	−0.0274%	8h	320.40	−0.428%	$355K	$312K	20x	as long as short
BloFin COHR-USDT	−0.0006%	8h	320.82	−0.297%	$45K	$112K	20x	as long as short
Aster COHRUSDT	0.0000%	8h	320.37	−0.438%	$39K	$36K	20x	as long as short
Extended COHR-USD	0.0000%	1h	319.98	−0.559%	$33K	$186K	10x	as long as short
Binance COHRUSDT	0.0000%	8h	319.96	−0.565%	$7.4M	$9.3M	25x	as long as short
Bybit COHRUSDT	0.0000%	8h	320.02	−0.546%	$1.1M	$348K	25x	as long as short
OKX COHR-USDT-SWAP	0.0000%	8h	319.98	−0.558%	$1.0M	$2.1M	25x	as long as short
Gate COHR_USDT	0.0000%	8h	320.16	−0.502%	$618K	$1.1M	25x	as long as short
Bitget COHRUSDT	0.0000%	8h	319.98	−0.558%	$1.8M	$1.3M	20x	as long as short
GRVT COHR_USDT_Perplong	0.0000%	8h	321.78	long leg	$2K	$176K	10x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX COHR-USDTshort	0.0000%	8h	320.75	−0.319%	—	$2.4M	10x
HTX COHR-USDT	0.0000%	8h	320.58	−0.372%	$4K	$41K	10x	as long as short
QFEX COHR-USD	+0.0029%	1h	320.46	−0.409%	$1.2M	$3.0M	10x	as long as short
Paragon para:COHR	+0.0060%	1h	319.86	−0.594%	$471K	$163K	10x	as long as short
Aevo COHR-PERP	+0.0104%	1h	320.60	−0.367%	—	—	10x	as long as short