Funding arb · Price arb /

COHR

RWAall COHR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0156%/8h= −17.1% APRpaid last 24h −0.012%

Price spread now: GRVT against Paragon+0.233%7-day average +0.086% · you sell dearer than you buy

Net, funding: paid 7d − costs−$82as in the Funding arb table

Net, price: spread back to 7d avg − costs−$85as in the Price arb table

costs, in and out, $10k−$990.994% of the position

Long on Paragon Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.173%+$17 on $10k

Price spread, last 4 days (all we have)+0.195%+$20 · spread now +0.233%, 7d avg +0.086%

Together, before fees+0.368%+ Points / potential airdropGRVT: Active · farm board+$37 on $10k · with fees, hour by hour

The price spread pays, funding is against you. GRVT is 0.147% dearer against Paragon than usual: you sell high and buy low (spread +0.233% now, against its 7-day average of +0.086%): +$15 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 3.1 days. Mind the row above: over the last 7 days funding on this pair paid +0.173%, 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	313.43	0.0156	pay 0.0020% / 1h	43m 12s	$462K	$161K	10x
Short	GRVT COHR_USDT_Perp	314.16	0	get 0.0000% / 8h	7h 43m	$1K	$165K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.233%Rate

Funding earned: −$32.86
Price spread: +0.233% → +0.086%: $14.72
Slippage, 4 orders: −$80.41
Fee Paragon: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$117.55
Costs to cover: 0.994%
Break-even: never at this rate

Slippage from Paragon: live order book, 2 min ago; GRVT: live order book, 50 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, 2 min ago	23.89 bp	35.2 bp −$35	79.1 bp −$791	doesn't fit	doesn't fit
Sell GRVT live order book, 50 min ago	1.90 bp	9.2 bp −$9	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
Bitget COHRUSDT	−0.0712%	8h	313.60	+0.056%	$1.8M	$1.4M	20x	as long as short
Aster COHRUSDT	0.0000%	8h	313.82	+0.125%	$48K	$45K	20x	as long as short
Extended COHR-USD	0.0000%	1h	313.68	+0.080%	$32K	$282K	10x	as long as short
Binance COHRUSDT	0.0000%	8h	313.70	+0.086%	$7.3M	$10.8M	25x	as long as short
Bybit COHRUSDT	0.0000%	8h	313.57	+0.046%	$982K	$651K	25x	as long as short
OKX COHR-USDT-SWAP	0.0000%	8h	313.90	+0.152%	$1.0M	$2.1M	25x	as long as short
Gate COHR_USDT	0.0000%	8h	313.73	+0.097%	$604K	$1.1M	25x	as long as short
GRVT COHR_USDT_Perpshort	0.0000%	8h	314.16	+0.233%	$1K	$165K	10x
SunX COHR-USDT	0.0000%	8h	313.92	+0.158%	—	$2.4M	10x	as long as short
HTX COHR-USDT	0.0000%	8h	313.88	+0.145%	$5K	$39K	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	+0.0005%	8h	313.79	+0.116%	$46K	$115K	20x	as long as short
QFEX COHR-USD	+0.0055%	1h	313.92	+0.158%	$1.2M	$2.7M	10x	as long as short
KuCoin COHRUSDTM	+0.0100%	8h	313.80	+0.120%	$364K	$291K	20x	as long as short
Aevo COHR-PERP	+0.0104%	1h	313.71	+0.091%	—	—	10x	as long as short
Paragon para:COHRlong	+0.0156%	1h	313.43	long leg	$462K	$161K	10x