Funding you earn now, next payment 02:00 UTC−0.0250%/8h= −27.4% APRpaid last 24h −0.019%
Price spread now: SunX against Paragon+0.043%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$170as in the Price arb table
costs, in and out, $10k−$1691.688% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 3 days (all we have)−0.011%−$1 · spread now +0.043%, 7d avg +0.050%
=The price spread sits at its 7-day average of +0.050%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.009% in total (about 0.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paragon para:COHR | 324.00 | 0.0250 | pay 0.0031% / 1h | 16m 43s | $478K | $185K | 10x |
| Short | SunX COHR-USDT | 324.14 | 0 | get 0.0000% / 8h | 6h 16m | — | $2.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Paragon. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$52.5
- Price spread: +0.043% → +0.050%
- −$0.73
- Slippage, 4 orders
- −$150.83
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$222.06
- Costs to cover
- 1.688%
- Break-even
- never at this rate
Slippage from Paragon: live order book, 29 min ago; SunX: 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 Paragon live order book, 29 min ago | 7.26 bp | 16.5 bp −$16 | 31.7 bp −$317 | doesn't fit | doesn't fit |
| Sell SunX live order book, 10 min ago | 46.74 bp | 66.2 bp −$66 | doesn't fit | doesn't fit | doesn't fit |
COHR on 14 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 | −0.0118% | 8h | 323.60 | −0.123% | $358K | $352K | 20x | as long as short |
| Aster COHRUSDT | 0.0000% | 8h | 324.25 | +0.076% | $40K | $36K | 20x | as long as short |
| Extended COHR-USD | 0.0000% | 1h | 324.10 | +0.032% | $33K | $193K | 10x | as long as short |
| Binance COHRUSDT | 0.0000% | 8h | 324.21 | +0.065% | $7.4M | $9.4M | 25x | as long as short |
| Bybit COHRUSDT | 0.0000% | 8h | 323.95 | −0.015% | $1.2M | $340K | 25x | as long as short |
| OKX COHR-USDT-SWAP | 0.0000% | 8h | 324.23 | +0.071% | $1.0M | $2.1M | 25x | as long as short |
| Gate COHR_USDT | 0.0000% | 8h | 324.12 | +0.037% | $619K | $1.1M | 25x | as long as short |
| Bitget COHRUSDT | 0.0000% | 8h | 323.73 | −0.083% | $1.8M | $1.3M | 20x | as long as short |
| GRVT COHR_USDT_Perp | 0.0000% | 8h | 324.00 | +0.001% | $2K | $178K | 10x | as long as short |
| SunX COHR-USDTshort | 0.0000% | 8h | 324.14 | +0.043% | — | $2.5M | 10x |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX COHR-USDT | 0.0000% | 8h | 323.84 | −0.049% | $5K | $41K | 10x | as long as short |
| QFEX COHR-USD | +0.0020% | 1h | 324.06 | +0.019% | $1.2M | $3.5M | 10x | as long as short |
| Aevo COHR-PERP | +0.0104% | 1h | 324.14 | +0.044% | — | — | 10x | as long as short |
| Paragon para:COHRlong | +0.0250% | 1h | 324.00 | long leg | $478K | $185K | 10x |
Paragon para:COHR
SunX COHR-USDT
KuCoin COHRUSDTM
Aster COHRUSDT
Extended COHR-USD
Binance COHRUSDT
Bybit COHRUSDT
OKX COHR-USDT-SWAP
Gate COHR_USDT
Bitget COHRUSDT
GRVT COHR_USDT_Perp
HTX COHR-USDT