Funding arb · Price arb /

COHR

RWAall COHR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0060%/8h= −6.6% APRpaid last 24h −0.017%

Price spread now: Binance against Paragon+0.008%7-day average +0.091% · you sell dearer than you buy

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

Long on Paragon Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.081%+$8 on $10k

Price spread, last 4 days (all we have)+0.767%+$77 · spread now +0.008%, 7d avg +0.091%

Together, before fees+0.848%+$85 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 Binance is 0.082% cheaper against Paragon than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.091%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.081%, 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	316.31	0.0060	pay 0.0008% / 1h	33m 15s	$466K	$163K	10x
Short	Binance COHRUSDT	316.34	0	get 0.0000% / 8h	33m 15s	$7.3M	$10.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.008%Rate

Funding earned: −$12.6
Price spread: +0.008% → +0.091%: −$8.23
Slippage, 4 orders: no order book: not counted
Fee Paragon: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$40.83
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Paragon: live order book, 22 min ago; Binance: live order book, 6 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, 22 min ago	11.87 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 6 min ago	0.63 bp	14.5 bp −$15	49.7 bp −$497	156.8 bp −$15.7K	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	−0.0738%	8h	316.30	−0.003%	$1.8M	$1.5M	20x	as long as short
Aster COHRUSDT	0.0000%	8h	316.49	+0.058%	$49K	$45K	20x	as long as short
Extended COHR-USD	0.0000%	1h	316.23	−0.025%	$34K	$279K	10x	as long as short
Binance COHRUSDTshort	0.0000%	8h	316.34	+0.008%	$7.3M	$10.7M	25x
Bybit COHRUSDT	0.0000%	8h	316.18	−0.041%	$1.1M	$367K	25x	as long as short
OKX COHR-USDT-SWAP	0.0000%	8h	316.39	+0.025%	$1.0M	$2.1M	25x	as long as short
Gate COHR_USDT	0.0000%	8h	316.28	−0.009%	$610K	$1.1M	25x	as long as short
GRVT COHR_USDT_Perp	0.0000%	8h	316.44	+0.041%	$2K	$166K	10x	as long as short
SunX COHR-USDT	0.0000%	8h	316.42	+0.035%	—	$2.4M	10x	as long as short
HTX COHR-USDT	0.0000%	8h	316.45	+0.044%	$5K	$41K	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	+0.0030%	8h	316.32	+0.003%	$46K	$115K	20x	as long as short
QFEX COHR-USD	+0.0035%	1h	316.35	+0.013%	$1.2M	$2.7M	10x	as long as short
KuCoin COHRUSDTM	+0.0036%	8h	316.30	−0.003%	$350K	$278K	20x	as long as short
Paragon para:COHRlong	+0.0060%	1h	316.31	long leg	$466K	$163K	10x
Aevo COHR-PERP	+0.0104%	1h	316.33	+0.005%	—	—	10x	as long as short