Funding arb · Price arb /

COHR

RWAall COHR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0346%/8h= +37.9% APRpaid last 24h −0.009%

Price spread now: Paragon against KuCoin+0.176%7-day average +0.027% · you sell dearer than you buy

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

Long on KuCoin Short on Paragon

What this pair did over the last

the charts below follow

Funding, last 7 days−0.197%−$20 on $10k

Price spread, last 4 days (all we have)−1.188%−$119 · spread now +0.176%, 7d avg +0.027%

Together, before fees−1.385%−$138 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Paragon is 0.150% dearer against KuCoin than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.027%. Mind the row above: over the last 7 days funding on this pair cost −0.197%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.197% in total (about -10.3% 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	KuCoin COHRUSDTM	323.20	−0.0249	get 0.0249% / 8h	5h 23m	$357K	$342K	20x
Short	Paragon para:COHR	323.77	0.0097	get 0.0012% / 1h	23m 25s	$478K	$163K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paragon against KuCoin. 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 KuCoinbpFee ParagonbpOrdersPrice spread, now +0.176%Rate

Funding earned: $72.66
Price spread: +0.176% → +0.027%: $14.98
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Paragon: 5 bp × 2 orders: −$10
Net: $65.64
Costs to cover: 0.220%
Break-even: 0.7 days

Slippage unknown: KuCoin: live order book, 73 min ago; Paragon: live order book, 12 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 KuCoin live order book, 73 min ago	6.21 bp	184.6 bp −$185	doesn't fit	doesn't fit	doesn't fit
Sell Paragon live order book, 12 min ago	9.43 bp	23.7 bp −$24	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 COHRUSDTMlong	−0.0249%	8h	323.20	long leg	$357K	$342K	20x
Aster COHRUSDT	0.0000%	8h	323.82	+0.193%	$40K	$36K	20x	as long as short
Extended COHR-USD	0.0000%	1h	323.94	+0.228%	$36K	$192K	10x	as long as short
Binance COHRUSDT	0.0000%	8h	324.02	+0.254%	$7.4M	$9.2M	25x	as long as short
Bybit COHRUSDT	0.0000%	8h	323.79	+0.183%	$1.2M	$338K	25x	as long as short
OKX COHR-USDT-SWAP	0.0000%	8h	323.90	+0.217%	$1.0M	$2.1M	25x	as long as short
Gate COHR_USDT	0.0000%	8h	323.88	+0.210%	$619K	$1.1M	25x	as long as short
Bitget COHRUSDT	0.0000%	8h	323.57	+0.114%	$1.8M	$1.3M	20x	as long as short
GRVT COHR_USDT_Perp	0.0000%	8h	323.96	+0.237%	$1K	$175K	10x	as long as short
SunX COHR-USDT	0.0000%	8h	323.88	+0.210%	—	$2.4M	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX COHR-USDT	0.0000%	8h	323.28	+0.025%	$5K	$41K	10x	as long as short
BloFin COHR-USDT	+0.0020%	8h	323.75	+0.170%	$46K	$112K	20x	as long as short
QFEX COHR-USD	+0.0026%	1h	323.88	+0.210%	$1.2M	$3.5M	10x	as long as short
Paragon para:COHRshort	+0.0097%	1h	323.77	+0.176%	$478K	$163K	10x
Aevo COHR-PERP	+0.0104%	1h	323.75	+0.171%	—	—	10x	as long as short