Funding arb · Price arb /

COHR

RWAall COHR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0051%/8h= +5.5% APRpaid last 24h +0.021%

Price spread now: Paragon against BloFin−0.005%7-day average −0.055% · you buy dearer than you sell

Net, funding: paid 7d − costs−$94as in the Funding arb table

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$880.877% of the position

Long on BloFin Short on Paragon

What this pair did over the last

the charts below follow

Funding, last 7 days−0.062%−$6 on $10k

Price spread, last 3 days (all we have)−0.044%−$4 · spread now −0.005%, 7d avg −0.055%

Together, before fees−0.106%−$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Paragon is 0.050% dearer against BloFin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.055%. Mind the row above: over the last 7 days funding on this pair cost −0.062%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin COHR-USDT	323.69	0.0009	pay 0.0009% / 8h	7h 52m	$45K	$115K	20x
Short	Paragon para:COHR	323.68	0.0060	get 0.0008% / 1h	52m 38s	$460K	$166K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paragon against BloFin. 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 BloFinbpFee ParagonbpOrdersPrice spread, now −0.005%Rate

Funding earned: $10.61
Price spread: −0.005% → −0.055%: $5.03
Slippage, 4 orders: −$65.74
Fee BloFin: 6 bp × 2 orders: −$12
Fee Paragon: 5 bp × 2 orders: −$10
Net: −$72.1
Costs to cover: 0.877%
Break-even: 54.6 days

Slippage from BloFin: live order book, 2 min ago; Paragon: 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 BloFin live order book, 2 min ago	3.24 bp	17.8 bp −$18	29.5 bp −$295	doesn't fit	doesn't fit
Sell Paragon live order book, 3 min ago	7.88 bp	24.7 bp −$25	35.3 bp −$353	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
Aster COHRUSDT	0.0000%	8h	323.79	+0.031%	$40K	$36K	20x	as long as short
Extended COHR-USD	0.0000%	1h	323.77	+0.025%	$33K	$211K	10x	as long as short
Binance COHRUSDT	0.0000%	8h	323.81	+0.038%	$7.5M	$9.5M	25x	as long as short
Bybit COHRUSDT	0.0000%	8h	323.72	+0.009%	$1.2M	$379K	25x	as long as short
OKX COHR-USDT-SWAP	0.0000%	8h	323.89	+0.062%	$1.0M	$2.2M	25x	as long as short
Gate COHR_USDT	0.0000%	8h	323.72	+0.009%	$622K	$1.1M	25x	as long as short
Bitget COHRUSDT	0.0000%	8h	323.73	+0.012%	$1.8M	$1.4M	20x	as long as short
SunX COHR-USDT	0.0000%	8h	323.64	−0.015%	—	$2.6M	10x	as long as short
HTX COHR-USDT	0.0000%	8h	323.82	+0.040%	$5K	$40K	10x	as long as short
BloFin COHR-USDTlong	+0.0009%	8h	323.69	long leg	$45K	$115K	20x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX COHR-USD	+0.0048%	1h	323.91	+0.068%	$1.2M	$3.7M	10x	as long as short
Paragon para:COHRshort	+0.0060%	1h	323.68	−0.005%	$460K	$166K	10x
KuCoin COHRUSDTM	+0.0100%	8h	323.30	−0.120%	$354K	$353K	20x	as long as short
Aevo COHR-PERP	+0.0104%	1h	323.52	−0.053%	—	—	10x	as long as short
GRVT COHR_USDT_Perp	+0.0452%	8h	323.89	+0.062%	$1K	$193K	10x	as long as short