Funding you earn now, next payment 02:00 UTC+0.0468%/8h= +51.2% APRpaid last 24h +0.019%
Price spread now: Paragon against Binance+0.030%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$640.641% of the position
Funding, last 7 days−0.062%−$6 on $10k
+Price spread, last 2 days (all we have)−0.061%−$6 · spread now +0.030%, 7d avg −0.022%
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Paragon is 0.052% dearer against Binance than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.022%. Mind the row above: over the last 7 days funding on this pair cost −0.062%, 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 -0.062% in total (about -3.2% 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 | Binance COHRUSDT | 323.06 | 0 | get 0.0000% / 8h | 6h 35m | $7.4M | $9.4M | 25x |
| Short | Paragon para:COHR | 323.15 | 0.0468 | get 0.0058% / 1h | 35m 33s | $477K | $185K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $98.28
- Price spread: +0.030% → −0.022%
- $5.19
- Slippage, 4 orders
- −$44.05
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- $39.42
- Costs to cover
- 0.641%
- Break-even
- 4.2 days
Slippage from Binance: live order book, 4 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 Binance live order book, 4 min ago | 0.77 bp | 15.2 bp −$15 | 41.8 bp −$418 | 175.9 bp −$17.6K | doesn't fit |
| Sell Paragon live order book, 10 min ago | 7.26 bp | 20.5 bp −$21 | 48.4 bp −$484 | 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 | −0.0047% | 8h | 322.40 | −0.203% | $356K | $356K | 20x | as long as short |
| BloFin COHR-USDT | −0.0012% | 8h | 323.62 | +0.175% | $46K | $113K | 20x | as long as short |
| Aster COHRUSDT | 0.0000% | 8h | 322.87 | −0.057% | $40K | $36K | 20x | as long as short |
| Extended COHR-USD | 0.0000% | 1h | 322.88 | −0.054% | $33K | $198K | 10x | as long as short |
| Binance COHRUSDTlong | 0.0000% | 8h | 323.06 | long leg | $7.4M | $9.4M | 25x | |
| Bybit COHRUSDT | 0.0000% | 8h | 322.86 | −0.061% | $1.2M | $347K | 25x | as long as short |
| OKX COHR-USDT-SWAP | 0.0000% | 8h | 322.96 | −0.030% | $1.0M | $2.1M | 25x | as long as short |
| Gate COHR_USDT | 0.0000% | 8h | 322.88 | −0.054% | $616K | $1.1M | 25x | as long as short |
| Bitget COHRUSDT | 0.0000% | 8h | 323.00 | −0.017% | $1.8M | $1.3M | 20x | as long as short |
| GRVT COHR_USDT_Perp | 0.0000% | 8h | 322.88 | −0.054% | $2K | $181K | 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 | 322.96 | −0.030% | — | $2.5M | 10x | as long as short |
| HTX COHR-USDT | 0.0000% | 8h | 322.84 | −0.067% | $5K | $41K | 10x | as long as short |
| QFEX COHR-USD | +0.0020% | 1h | 322.90 | −0.048% | $1.2M | $3.6M | 10x | as long as short |
| Aevo COHR-PERP | +0.0104% | 1h | 322.86 | −0.061% | — | — | 10x | as long as short |
| Paragon para:COHRshort | +0.0468% | 1h | 323.15 | +0.030% | $477K | $185K | 10x |
Binance COHRUSDT
Paragon para:COHR
KuCoin COHRUSDTM
BloFin COHR-USDT
Aster COHRUSDT
Extended COHR-USD
Bybit COHRUSDT
OKX COHR-USDT-SWAP
Gate COHR_USDT
Bitget COHRUSDT
GRVT COHR_USDT_Perp
SunX COHR-USDT
HTX COHR-USDT