Funding arb · Price arb /

COHR

RWAall COHR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0014%/8h= +1.5% APRpaid last 24h +0.018%

Price spread now: Paragon against GRVT−0.090%7-day average −0.081% · you buy dearer than you sell

Net, funding: paid 7d − costs−$97as in the Funding arb table

Net, price: spread back to 7d avg − costs−$81as in the Price arb table

costs, in and out, $10k−$800.796% of the position

Long on GRVT Short on Paragon

What this pair did over the last

the charts below follow

Funding, last 7 days−0.169%−$17 on $10k

Price spread, last 4 days (all we have)−0.220%−$22 · spread now −0.090%, 7d avg −0.081%

Together, before fees−0.389%+ Points / potential airdropGRVT: Active · farm board−$39 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.081%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.169%, 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	GRVT COHR_USDT_Perp	324.37	0	get 0.0000% / 8h	4h 15m	$2K	$175K	10x
Short	Paragon para:COHR	324.07	0.0014	get 0.0002% / 1h	15m 17s	$478K	$163K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paragon 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 ParagonbpOrdersPrice spread, now −0.090%Rate

Funding earned: $2.93
Price spread: −0.090% → −0.081%: −$0.86
Slippage, 4 orders: −$60.64
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Paragon: 5 bp × 2 orders: −$10
Net: −$77.57
Costs to cover: 0.796%
Break-even: 192.4 days

Slippage from GRVT: live order book, 38 min ago; Paragon: 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 GRVT live order book, 38 min ago	2.31 bp	12.3 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell Paragon live order book, 10 min ago	17.44 bp	22.4 bp −$22	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	−0.0355%	8h	323.80	−0.175%	$359K	$332K	20x	as long as short
BloFin COHR-USDT	−0.0016%	8h	324.49	+0.038%	$46K	$112K	20x	as long as short
Aster COHRUSDT	0.0000%	8h	324.17	−0.060%	$40K	$36K	20x	as long as short
Extended COHR-USD	0.0000%	1h	324.23	−0.043%	$36K	$187K	10x	as long as short
Binance COHRUSDT	0.0000%	8h	324.35	−0.006%	$7.4M	$9.1M	25x	as long as short
Bybit COHRUSDT	0.0000%	8h	324.04	−0.101%	$1.2M	$337K	25x	as long as short
OKX COHR-USDT-SWAP	0.0000%	8h	324.32	−0.015%	$1.0M	$2.1M	25x	as long as short
Gate COHR_USDT	0.0000%	8h	324.31	−0.018%	$620K	$1.1M	25x	as long as short
Bitget COHRUSDT	0.0000%	8h	324.21	−0.049%	$1.8M	$1.3M	20x	as long as short
GRVT COHR_USDT_Perplong	0.0000%	8h	324.37	long leg	$2K	$175K	10x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX COHR-USDT	0.0000%	8h	324.44	+0.022%	—	$2.4M	10x	as long as short
HTX COHR-USDT	0.0000%	8h	323.81	−0.172%	$5K	$41K	10x	as long as short
Paragon para:COHRshort	+0.0014%	1h	324.07	−0.090%	$478K	$163K	10x
QFEX COHR-USD	+0.0040%	1h	324.31	−0.018%	$1.2M	$3.2M	10x	as long as short
Aevo COHR-PERP	+0.0104%	1h	324.15	−0.068%	—	—	10x	as long as short