Settings8H · net · $10k
Funding arb · Price arb /

COHR

RWAall COHR markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.123%−$12 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance COHRUSDT323.060get 0.0000% / 8h6h 35m$7.4M$9.4M25x
ShortParagon para:COHR323.150.0468get 0.0058% / 1h35m 33s$477K$185K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 4 min ago0.77 bp15.2 bp −$1541.8 bp −$418175.9 bp −$17.6Kdoesn't fit
Sell Paragon live order book, 10 min ago7.26 bp20.5 bp −$2148.4 bp −$484doesn't fitdoesn't fit

COHR on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin COHRUSDTM−0.0047%8h322.40−0.203%$356K$356K20xas long as short
BloFin COHR-USDT−0.0012%8h323.62+0.175%$46K$113K20xas long as short
Aster COHRUSDT0.0000%8h322.87−0.057%$40K$36K20xas long as short
Extended COHR-USD0.0000%1h322.88−0.054%$33K$198K10xas long as short
Binance COHRUSDTlong0.0000%8h323.06long leg$7.4M$9.4M25x
Bybit COHRUSDT0.0000%8h322.86−0.061%$1.2M$347K25xas long as short
OKX COHR-USDT-SWAP0.0000%8h322.96−0.030%$1.0M$2.1M25xas long as short
Gate COHR_USDT0.0000%8h322.88−0.054%$616K$1.1M25xas long as short
Bitget COHRUSDT0.0000%8h323.00−0.017%$1.8M$1.3M20xas long as short
GRVT COHR_USDT_Perp0.0000%8h322.88−0.054%$2K$181K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX COHR-USDT0.0000%8h322.96−0.030%$2.5M10xas long as short
HTX COHR-USDT0.0000%8h322.84−0.067%$5K$41K10xas long as short
QFEX COHR-USD+0.0020%1h322.90−0.048%$1.2M$3.6M10xas long as short
Aevo COHR-PERP+0.0104%1h322.86−0.061%10xas long as short
Paragon para:COHRshort+0.0468%1h323.15+0.030%$477K$185K10x