Funding arb · Price arb /

COHR

RWAall COHR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0060%/8h= −6.6% APRpaid last 24h −0.020%

Price spread now: Bitget against Paragon+0.046%7-day average +0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs−$74as in the Funding arb table

Net, price: spread back to 7d avg − costs−$82as in the Price arb table

costs, in and out, $10k−$840.843% of the position

Long on Paragon Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.105%+$11 on $10k

Price spread, last 4 days (all we have)+0.182%+$18 · spread now +0.046%, 7d avg +0.026%

Together, before fees+0.287%+$29 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.026%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.105%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paragon para:COHR	324.06	0.0060	pay 0.0008% / 1h	35m 15s	$460K	$165K	10x
Short	Bitget COHRUSDT	324.21	0	get 0.0000% / 8h	7h 35m	$1.8M	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Paragon. 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 ParagonbpFee BitgetbpOrdersPrice spread, now +0.046%Rate

Funding earned: −$12.6
Price spread: +0.046% → +0.026%: $1.94
Slippage, 4 orders: −$62.31
Fee Paragon: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$94.97
Costs to cover: 0.843%
Break-even: never at this rate

Slippage from Paragon: live order book, 20 min ago; Bitget: live order book, 2 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 Paragon live order book, 20 min ago	7.88 bp	26.0 bp −$26	43.3 bp −$433	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	5.55 bp	14.2 bp −$14	37.3 bp −$373	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	324.28	+0.067%	$40K	$36K	20x	as long as short
Extended COHR-USD	0.0000%	1h	324.15	+0.029%	$36K	$226K	10x	as long as short
Binance COHRUSDT	0.0000%	8h	324.25	+0.058%	$7.5M	$9.4M	25x	as long as short
Bybit COHRUSDT	0.0000%	8h	324.04	−0.007%	$1.2M	$366K	25x	as long as short
OKX COHR-USDT-SWAP	0.0000%	8h	324.24	+0.055%	$1.0M	$2.2M	25x	as long as short
Gate COHR_USDT	0.0000%	8h	324.31	+0.077%	$621K	$1.1M	25x	as long as short
Bitget COHRUSDTshort	0.0000%	8h	324.21	+0.046%	$1.8M	$1.3M	20x
SunX COHR-USDT	0.0000%	8h	324.29	+0.071%	—	$2.6M	10x	as long as short
HTX COHR-USDT	0.0000%	8h	324.53	+0.145%	$5K	$40K	10x	as long as short
BloFin COHR-USDT	+0.0002%	8h	324.29	+0.071%	$45K	$115K	20x	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	+0.0048%	1h	324.12	+0.018%	$1.2M	$3.6M	10x	as long as short
Paragon para:COHRlong	+0.0060%	1h	324.06	long leg	$460K	$165K	10x
KuCoin COHRUSDTM	+0.0095%	8h	323.40	−0.204%	$353K	$355K	20x	as long as short
Aevo COHR-PERP	+0.0104%	1h	324.25	+0.059%	—	—	10x	as long as short
GRVT COHR_USDT_Perp	+0.0526%	8h	324.42	+0.111%	$2K	$189K	10x	as long as short