Funding arb · Price arb /

COHR

RWAall COHR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h +0.020%

Price spread now: Paragon against Bitget−0.064%46s7-day average −0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs−$101as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$910.906% of the position

Long on Bitget Short on Paragon

What this pair did over the last

the charts below follow

Funding, last 7 days−0.105%−$11 on $10k

Price spread, last 4 days (all we have)−0.164%−$16 · spread now −0.064%, 7d avg −0.026%

Together, before fees−0.269%−$27 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paragon is 0.037% cheaper against Bitget than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.026%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget COHRUSDT	324.48	0	get 0.0000% / 8h	7h 24m	$1.8M	$1.3M	20x
Short	Paragon para:COHR	324.27	0.0001	get 0.0000% / 1h	24m 03s	$461K	$165K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paragon against Bitget. 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 BitgetbpFee ParagonbpOrdersPrice spread, now −0.064%Rate

Funding earned: $0.21
Price spread: −0.064% → −0.026%: −$3.72
Slippage, 4 orders: −$68.6
Fee Bitget: 6 bp × 2 orders: −$12
Fee Paragon: 5 bp × 2 orders: −$10
Net: −$94.11
Costs to cover: 0.906%
Break-even: 3077.6 days

Slippage from Bitget: live order book, 3 min ago; Paragon: live order book, 32 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 Bitget live order book, 3 min ago	7.08 bp	20.5 bp −$21	42.9 bp −$429	doesn't fit	doesn't fit
Sell Paragon live order book, 32 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
Aster COHRUSDT	0.0000%	8h	324.73	+0.076%	$40K	$36K	20x	as long as short
Extended COHR-USD	0.0000%	1h	324.55	+0.020%	$35K	$196K	10x	as long as short
Binance COHRUSDT	0.0000%	8h	324.62	+0.043%	$7.5M	$9.4M	25x	as long as short
Bybit COHRUSDT	0.0000%	8h	324.71	+0.071%	$1.2M	$365K	25x	as long as short
OKX COHR-USDT-SWAP	0.0000%	8h	324.35	−0.040%	$1.0M	$2.2M	25x	as long as short
Gate COHR_USDT	0.0000%	8h	324.48	0.000%	$624K	$1.2M	25x	as long as short
Bitget COHRUSDTlong	0.0000%	8h	324.48	long leg	$1.8M	$1.3M	20x
SunX COHR-USDT	0.0000%	8h	324.58	+0.031%	—	$2.6M	10x	as long as short
HTX COHR-USDT	0.0000%	8h	324.39	−0.028%	$5K	$40K	10x	as long as short
Paragon para:COHRshort	+0.0001%	1h	324.27	−0.064%	$461K	$165K	10x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin COHR-USDT	+0.0018%	8h	324.89	+0.126%	$45K	$115K	20x	as long as short
KuCoin COHRUSDTM	+0.0041%	8h	323.80	−0.210%	$356K	$356K	20x	as long as short
QFEX COHR-USD	+0.0048%	1h	324.46	−0.006%	$1.2M	$3.6M	10x	as long as short
Aevo COHR-PERP	+0.0104%	1h	324.55	+0.020%	—	—	10x	as long as short
GRVT COHR_USDT_Perp	+0.0229%	8h	325.10	+0.192%	$2K	$185K	10x	as long as short