Funding arb · Price arb /

COHR

RWAall COHR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0012%/8h= +1.3% APRpaid last 24h +0.020%

Price spread now: Paragon against SunX−0.127%7-day average −0.050% · you buy dearer than you sell

Net, funding: paid 7d − costs−$179as in the Funding arb table

Net, price: spread back to 7d avg − costs−$186as in the Price arb table

costs, in and out, $10k−$1791.787% of the position

Long on SunX Short on Paragon

What this pair did over the last

the charts below follow

Funding, last 7 days−0.006%−$1 on $10k

Price spread, last 3 days (all we have)+0.096%+$10 · spread now −0.127%, 7d avg −0.050%

Together, before fees+0.091%+$9 on $10k · with fees, hour by hour

Funding pays, the price is against you. Paragon is 0.077% cheaper against SunX than usual: you would sell low and buy high (spread −0.127% now, against its 7-day average of −0.050%). If the spread goes back, that is −$8 on $10k: about 22 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX COHR-USDT	324.71	0	get 0.0000% / 8h	7h 45m	—	$2.6M	10x
Short	Paragon para:COHR	324.30	0.0012	get 0.0001% / 1h	45m 28s	$461K	$166K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paragon against SunX. 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 SunXbpFee ParagonbpOrdersPrice spread, now −0.127%Rate

Funding earned: $2.45
Price spread: −0.127% → −0.050%: −$7.7
Slippage, 4 orders: −$160.68
Fee SunX: 4 bp × 2 orders: −$8
Fee Paragon: 5 bp × 2 orders: −$10
Net: −$183.93
Costs to cover: 1.787%
Break-even: 532.6 days

Slippage from SunX: live order book, 2 min ago; Paragon: 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 SunX live order book, 2 min ago	45.10 bp	63.7 bp −$64	doesn't fit	doesn't fit	doesn't fit
Sell Paragon live order book, 10 min ago	7.88 bp	24.7 bp −$25	35.3 bp −$353	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
BloFin COHR-USDT	−0.0010%	8h	324.32	−0.120%	$45K	$115K	20x	as long as short
Aster COHRUSDT	0.0000%	8h	324.56	−0.045%	$40K	$36K	20x	as long as short
Extended COHR-USD	0.0000%	1h	324.60	−0.033%	$33K	$259K	10x	as long as short
Binance COHRUSDT	0.0000%	8h	324.67	−0.012%	$7.5M	$9.5M	25x	as long as short
Bybit COHRUSDT	0.0000%	8h	324.51	−0.062%	$1.2M	$372K	25x	as long as short
OKX COHR-USDT-SWAP	0.0000%	8h	324.81	+0.031%	$1.1M	$2.2M	25x	as long as short
Gate COHR_USDT	0.0000%	8h	324.80	+0.028%	$624K	$1.1M	25x	as long as short
Bitget COHRUSDT	0.0000%	8h	324.52	−0.059%	$1.8M	$1.4M	20x	as long as short
SunX COHR-USDTlong	0.0000%	8h	324.71	long leg	—	$2.6M	10x
HTX COHR-USDT	0.0000%	8h	324.13	−0.179%	$5K	$40K	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paragon para:COHRshort	+0.0012%	1h	324.30	−0.127%	$461K	$166K	10x
QFEX COHR-USD	+0.0048%	1h	324.60	−0.034%	$1.2M	$3.7M	10x	as long as short
KuCoin COHRUSDTM	+0.0100%	8h	323.80	−0.280%	$354K	$354K	20x	as long as short
Aevo COHR-PERP	+0.0104%	1h	324.68	−0.010%	—	—	10x	as long as short
GRVT COHR_USDT_Perp	+0.0294%	8h	324.35	−0.111%	$1K	$189K	10x	as long as short