Funding arb · Price arb /

COHR

RWAall COHR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0023%/8h= +2.5% APRpaid last 24h −0.010%

Price spread now: Paragon against KuCoin+0.150%7-day average +0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$199as in the Funding arb table

Net, price: spread back to 7d avg − costs−$167as in the Price arb table

costs, in and out, $10k−$1791.794% of the position

Long on KuCoin Short on Paragon

What this pair did over the last

the charts below follow

Funding, last 7 days−0.196%−$20 on $10k

Price spread, last 4 days (all we have)−0.283%−$28 · spread now +0.150%, 7d avg +0.024%

Together, before fees−0.479%−$48 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Paragon is 0.126% dearer against KuCoin than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.024%. Mind the row above: over the last 7 days funding on this pair cost −0.196%, 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	KuCoin COHRUSDTM	324.10	0.0037	pay 0.0037% / 8h	6h 58m	$359K	$357K	20x
Short	Paragon para:COHR	324.59	0.0060	get 0.0008% / 1h	58m 17s	$461K	$165K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paragon against KuCoin. 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 KuCoinbpFee ParagonbpOrdersPrice spread, now +0.150%Rate

Funding earned: $4.83
Price spread: +0.150% → +0.024%: $12.64
Slippage, 4 orders: −$157.38
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Paragon: 5 bp × 2 orders: −$10
Net: −$161.91
Costs to cover: 1.794%
Break-even: 241.7 days

Slippage from KuCoin: live order book, 53 min ago; Paragon: live order book, 57 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 KuCoin live order book, 53 min ago	27.82 bp	92.8 bp −$93	doesn't fit	doesn't fit	doesn't fit
Sell Paragon live order book, 57 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
BloFin COHR-USDT	−0.0026%	8h	324.80	+0.216%	$45K	$114K	20x	as long as short
Aster COHRUSDT	0.0000%	8h	324.65	+0.171%	$40K	$36K	20x	as long as short
Extended COHR-USD	0.0000%	1h	324.44	+0.104%	$36K	$195K	10x	as long as short
Binance COHRUSDT	0.0000%	8h	324.52	+0.129%	$7.5M	$9.4M	25x	as long as short
Bybit COHRUSDT	0.0000%	8h	324.39	+0.089%	$1.2M	$347K	25x	as long as short
OKX COHR-USDT-SWAP	0.0000%	8h	324.28	+0.056%	$1.0M	$2.2M	25x	as long as short
Gate COHR_USDT	0.0000%	8h	324.57	+0.145%	$620K	$1.1M	25x	as long as short
Bitget COHRUSDT	0.0000%	8h	324.46	+0.111%	$1.8M	$1.3M	20x	as long as short
SunX COHR-USDT	0.0000%	8h	324.46	+0.111%	—	$2.6M	10x	as long as short
HTX COHR-USDT	0.0000%	8h	325.40	+0.401%	$5K	$41K	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX COHR-USD	+0.0020%	1h	324.39	+0.089%	$1.2M	$3.6M	10x	as long as short
KuCoin COHRUSDTMlong	+0.0037%	8h	324.10	long leg	$359K	$357K	20x
Paragon para:COHRshort	+0.0060%	1h	324.59	+0.150%	$461K	$165K	10x
Aevo COHR-PERP	+0.0104%	1h	324.46	+0.110%	—	—	10x	as long as short
GRVT COHR_USDT_Perp	+0.0316%	8h	325.05	+0.293%	$2K	$183K	10x	as long as short