Funding arb · Price arb /

COHR

RWAall COHR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0060%/8h= −6.6% APRpaid last 24h −0.086%

Price spread now: Gate against Paragon−0.155%7-day average +0.097% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Paragon Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.202%−$20 on $10k

Price spread, last 4 days (all we have)+0.760%+$76 · spread now −0.155%, 7d avg +0.097%

Together, before fees+0.558%+$56 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.252% cheaper against Paragon than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of +0.097%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paragon para:COHR	322.20	0.0060	pay 0.0008% / 1h	5m 34s	$459K	$163K	10x
Short	Gate COHR_USDT	321.70	0	get 0.0000% / 8h	2h 05m	$612K	$1.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.155%Rate

Funding earned: −$12.6
Price spread: −0.155% → +0.097%: −$25.2
Slippage, 4 orders: no order book: not counted
Fee Paragon: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$62.8
Costs to cover: 0.250%
Break-even: never at this rate

Slippage unknown: Paragon: live order book, 10 min ago; Gate: live order book, 2 min ago. Net counts fees only.

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, 10 min ago	2.48 bp	7.5 bp −$7	19.8 bp −$198	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	5.59 bp	37.9 bp −$38	763.0 bp −$7,630	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	321.70	−0.156%	$39K	$36K	20x	as long as short
Extended COHR-USD	0.0000%	1h	321.66	−0.168%	$38K	$203K	10x	as long as short
Binance COHRUSDT	0.0000%	8h	321.71	−0.153%	$7.4M	$9.4M	25x	as long as short
Bybit COHRUSDT	0.0000%	8h	321.58	−0.192%	$1.2M	$391K	25x	as long as short
OKX COHR-USDT-SWAP	0.0000%	8h	321.79	−0.127%	$1.0M	$2.1M	25x	as long as short
Gate COHR_USDTshort	0.0000%	8h	321.70	−0.155%	$612K	$1.2M	25x
Bitget COHRUSDT	0.0000%	8h	321.55	−0.202%	$1.7M	$1.3M	20x	as long as short
GRVT COHR_USDT_Perp	0.0000%	8h	321.66	−0.169%	$2K	$211K	10x	as long as short
SunX COHR-USDT	0.0000%	8h	321.75	−0.140%	—	$2.6M	10x	as long as short
HTX COHR-USDT	0.0000%	8h	321.13	−0.332%	$4K	$40K	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin COHR-USDT	+0.0014%	8h	321.82	−0.118%	$45K	$116K	20x	as long as short
QFEX COHR-USD	+0.0031%	1h	321.65	−0.171%	$1.2M	$3.6M	10x	as long as short
Paragon para:COHRlong	+0.0060%	1h	322.20	long leg	$459K	$163K	10x
KuCoin COHRUSDTM	+0.0100%	8h	321.30	−0.279%	$342K	$335K	20x	as long as short
Aevo COHR-PERP	+0.0104%	1h	321.68	−0.161%	—	—	10x	as long as short