Funding arb · Price arb /

COHR

RWAall COHR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h −0.021%

Price spread now: SunX against Paragon+0.093%7-day average +0.051% · you sell dearer than you buy

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

Long on Paragon Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.011%+$1 on $10k

Price spread, last 4 days (all we have)−0.083%−$8 · spread now +0.093%, 7d avg +0.051%

Together, before fees−0.072%−$7 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.041% dearer against Paragon than usual: you sell high and buy low (spread +0.093% now, against its 7-day average of +0.051%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paragon para:COHR	324.10	0.0048	pay 0.0006% / 1h	33m 45s	$478K	$164K	10x
Short	SunX COHR-USDT	324.40	0	get 0.0000% / 8h	4h 33m	—	$2.4M	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 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 SunXbpOrdersPrice spread, now +0.093%Rate

Funding earned: −$10.1
Price spread: +0.093% → +0.051%: $4.13
Slippage, 4 orders: no order book: not counted
Fee Paragon: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$23.97
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Paragon: live order book, 62 min ago; SunX: live order book, 3 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, 62 min ago	9.43 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 3 min ago	44.82 bp	64.0 bp −$64	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	−0.0325%	8h	323.80	−0.093%	$359K	$336K	20x	as long as short
Aster COHRUSDT	0.0000%	8h	324.42	+0.099%	$40K	$36K	20x	as long as short
Extended COHR-USD	0.0000%	1h	324.35	+0.077%	$33K	$187K	10x	as long as short
Binance COHRUSDT	0.0000%	8h	324.43	+0.102%	$7.4M	$9.2M	25x	as long as short
Bybit COHRUSDT	0.0000%	8h	324.20	+0.031%	$1.2M	$338K	25x	as long as short
OKX COHR-USDT-SWAP	0.0000%	8h	324.40	+0.093%	$1.0M	$2.1M	25x	as long as short
Gate COHR_USDT	0.0000%	8h	324.35	+0.077%	$620K	$1.1M	25x	as long as short
Bitget COHRUSDT	0.0000%	8h	324.39	+0.089%	$1.8M	$1.3M	20x	as long as short
GRVT COHR_USDT_Perp	0.0000%	8h	324.67	+0.176%	$2K	$175K	10x	as long as short
SunX COHR-USDTshort	0.0000%	8h	324.40	+0.093%	—	$2.4M	10x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX COHR-USDT	0.0000%	8h	321.79	−0.713%	$5K	$41K	10x	as long as short
BloFin COHR-USDT	+0.0005%	8h	324.52	+0.130%	$46K	$113K	20x	as long as short
QFEX COHR-USD	+0.0040%	1h	324.28	+0.056%	$1.2M	$3.5M	10x	as long as short
Paragon para:COHRlong	+0.0048%	1h	324.10	long leg	$478K	$164K	10x
Aevo COHR-PERP	+0.0104%	1h	324.28	+0.055%	—	—	10x	as long as short