Funding arb · Price arb /

COHR

RWAall COHR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0074%/8h= +8.2% APRpaid last 24h +0.022%

Price spread now: Paragon against BloFin−0.102%7-day average −0.056% · you buy dearer than you sell

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$81as in the Price arb table

costs, in and out, $10k−$770.768% of the position

Long on BloFin Short on Paragon

What this pair did over the last

the charts below follow

Funding, last 7 days−0.066%−$7 on $10k

Price spread, last 4 days (all we have)+0.091%+$9 · spread now −0.102%, 7d avg −0.056%

Together, before fees+0.025%+$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. Paragon is 0.046% cheaper against BloFin than usual: you would sell low and buy high (spread −0.102% now, against its 7-day average of −0.056%). If the spread goes back, that is −$5 on $10k: about 2.1 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.066%, 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	BloFin COHR-USDT	321.03	−0.0014	get 0.0014% / 8h	3h 38m	$45K	$111K	20x
Short	Paragon para:COHR	320.70	0.0060	get 0.0008% / 1h	38m 11s	$473K	$163K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paragon against BloFin. 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 BloFinbpFee ParagonbpOrdersPrice spread, now −0.102%Rate

Funding earned: $15.64
Price spread: −0.102% → −0.056%: −$4.64
Slippage, 4 orders: −$54.83
Fee BloFin: 6 bp × 2 orders: −$12
Fee Paragon: 5 bp × 2 orders: −$10
Net: −$65.83
Costs to cover: 0.768%
Break-even: 36.5 days

Slippage from BloFin: live order book, 50 min ago; Paragon: live order book, 47 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 BloFin live order book, 50 min ago	2.31 bp	12.9 bp −$13	22.9 bp −$229	doesn't fit	doesn't fit
Sell Paragon live order book, 47 min ago	17.44 bp	22.4 bp −$22	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
KuCoin COHRUSDTM	−0.0293%	8h	320.70	−0.103%	$355K	$321K	20x	as long as short
BloFin COHR-USDTlong	−0.0014%	8h	321.03	long leg	$45K	$111K	20x
Aster COHRUSDT	0.0000%	8h	320.79	−0.074%	$39K	$36K	20x	as long as short
Extended COHR-USD	0.0000%	1h	320.71	−0.101%	$33K	$188K	10x	as long as short
Binance COHRUSDT	0.0000%	8h	320.79	−0.075%	$7.4M	$9.3M	25x	as long as short
Bybit COHRUSDT	0.0000%	8h	320.79	−0.075%	$1.1M	$345K	25x	as long as short
OKX COHR-USDT-SWAP	0.0000%	8h	320.89	−0.044%	$1.0M	$2.1M	25x	as long as short
Gate COHR_USDT	0.0000%	8h	320.66	−0.115%	$620K	$1.1M	25x	as long as short
Bitget COHRUSDT	0.0000%	8h	320.69	−0.106%	$1.8M	$1.3M	20x	as long as short
GRVT COHR_USDT_Perp	0.0000%	8h	321.69	+0.206%	$1K	$175K	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX COHR-USDT	0.0000%	8h	320.83	−0.062%	—	$2.4M	10x	as long as short
HTX COHR-USDT	0.0000%	8h	321.60	+0.178%	$4K	$41K	10x	as long as short
QFEX COHR-USD	+0.0029%	1h	320.82	−0.065%	$1.2M	$3.1M	10x	as long as short
Paragon para:COHRshort	+0.0060%	1h	320.70	−0.102%	$473K	$163K	10x
Aevo COHR-PERP	+0.0104%	1h	320.72	−0.098%	—	—	10x	as long as short