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: GRVT against SunX−0.034%7-day average +0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$141as in the Funding arb table

Net, price: spread back to 7d avg − costs−$161as in the Price arb table

costs, in and out, $10k−$1571.570% of the position

Long on SunX Short on GRVT

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)+0.137%+$14 · spread now −0.034%, 7d avg +0.009%

Together, before fees+0.296%+ Points / potential airdropGRVT: Active · farm board+$30 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: GRVT is 0.043% cheaper against SunX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.009%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX COHR-USDT	324.83	0	get 0.0000% / 8h	4h 42m	—	$2.4M	10x
Short	GRVT COHR_USDT_Perp	324.72	0	get 0.0000% / 8h	4h 42m	$2K	$175K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.034%Rate

Funding earned: $0
Price spread: −0.034% → +0.009%: −$4.28
Slippage, 4 orders: −$140.02
Fee SunX: 4 bp × 2 orders: −$8
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$161.3
Costs to cover: 1.570%
Break-even: never at this rate

Slippage from SunX: live order book, 4 min ago; GRVT: live order book, 10 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, 4 min ago	45.89 bp	64.4 bp −$64	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 10 min ago	2.31 bp	15.3 bp −$15	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	−0.0304%	8h	324.10	−0.225%	$358K	$335K	20x	as long as short
Aster COHRUSDT	0.0000%	8h	324.73	−0.031%	$40K	$36K	20x	as long as short
Extended COHR-USD	0.0000%	1h	324.73	−0.032%	$33K	$187K	10x	as long as short
Binance COHRUSDT	0.0000%	8h	324.82	−0.002%	$7.4M	$9.1M	25x	as long as short
Bybit COHRUSDT	0.0000%	8h	324.61	−0.068%	$1.2M	$339K	25x	as long as short
OKX COHR-USDT-SWAP	0.0000%	8h	324.77	−0.018%	$1.0M	$2.1M	25x	as long as short
Gate COHR_USDT	0.0000%	8h	324.72	−0.034%	$621K	$1.1M	25x	as long as short
Bitget COHRUSDT	0.0000%	8h	324.60	−0.071%	$1.8M	$1.3M	20x	as long as short
GRVT COHR_USDT_Perpshort	0.0000%	8h	324.72	−0.034%	$2K	$175K	10x
SunX COHR-USDTlong	0.0000%	8h	324.83	long leg	—	$2.4M	10x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX COHR-USDT	0.0000%	8h	325.07	+0.074%	$5K	$41K	10x	as long as short
BloFin COHR-USDT	+0.0010%	8h	324.85	+0.006%	$46K	$113K	20x	as long as short
QFEX COHR-USD	+0.0040%	1h	324.59	−0.074%	$1.2M	$3.5M	10x	as long as short
Paragon para:COHR	+0.0060%	1h	324.50	−0.102%	$478K	$164K	10x	as long as short
Aevo COHR-PERP	+0.0104%	1h	324.72	−0.033%	—	—	10x	as long as short