Funding arb · Price arb /

COHR

RWAall COHR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0038%/8h= +4.2% APRpaid last 24h +0.016%

Price spread now: Paragon against OKX−0.008%7-day average −0.067% · you buy dearer than you sell

Net, funding: paid 7d − costs−$104as in the Funding arb table

Net, price: spread back to 7d avg − costs−$90as in the Price arb table

costs, in and out, $10k−$960.957% of the position

Long on OKX Short on Paragon

What this pair did over the last

the charts below follow

Funding, last 7 days−0.079%−$8 on $10k

Price spread, last 4 days (all we have)−0.035%−$4 · spread now −0.008%, 7d avg −0.067%

Together, before fees−0.114%−$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Paragon is 0.059% dearer against OKX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.067%. Mind the row above: over the last 7 days funding on this pair cost −0.079%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX COHR-USDT-SWAP	317.41	0	get 0.0000% / 8h	4h 49m	$1.2M	$2.0M	25x
Short	Paragon para:COHR	317.38	0.0038	get 0.0005% / 1h	49m 17s	$470K	$165K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paragon against OKX. 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 OKXbpFee ParagonbpOrdersPrice spread, now −0.008%Rate

Funding earned: $7.96
Price spread: −0.008% → −0.067%: $5.89
Slippage, 4 orders: −$75.74
Fee OKX: 5 bp × 2 orders: −$10
Fee Paragon: 5 bp × 2 orders: −$10
Net: −$81.89
Costs to cover: 0.957%
Break-even: 79.0 days

Slippage from OKX: live order book, 6 min ago; Paragon: live order book, 49 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 OKX live order book, 6 min ago	1.72 bp	14.0 bp −$14	42.1 bp −$421	doesn't fit	doesn't fit
Sell Paragon live order book, 49 min ago	24.02 bp	29.9 bp −$30	60.1 bp −$601	doesn't fit	doesn't fit

COHR on 15 exchanges

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	317.84	+0.135%	$49K	$45K	20x	as long as short
Bybit COHRUSDT	0.0000%	8h	317.38	−0.009%	$1.0M	$671K	25x	as long as short
OKX COHR-USDT-SWAPlong	0.0000%	8h	317.41	long leg	$1.2M	$2.0M	25x
Gate COHR_USDT	0.0000%	8h	317.51	+0.032%	$672K	$1.2M	25x	as long as short
Bitget COHRUSDT	0.0000%	8h	317.42	+0.003%	$2.0M	$1.6M	20x	as long as short
SunX COHR-USDT	0.0000%	8h	317.72	+0.098%	—	$1.6M	10x	as long as short
HTX COHR-USDT	0.0000%	8h	318.58	+0.369%	$5K	$39K	10x	as long as short
Paragon para:COHRshort	+0.0038%	1h	317.38	−0.008%	$470K	$165K	10x
Binance COHRUSDT	+0.0044%	8h	317.69	+0.088%	$7.7M	$11.9M	25x	as long as short
Extended COHR-USD	+0.0048%	1h	317.41	−0.001%	$34K	$278K	10x	as long as short

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX COHR-USD	+0.0051%	1h	317.58	+0.054%	$1.2M	$2.3M	10x	as long as short
BloFin COHR-USDT	+0.0072%	8h	317.75	+0.107%	$46K	$118K	20x	as long as short
KuCoin COHRUSDTM	+0.0100%	8h	317.60	+0.060%	$367K	$458K	20x	as long as short
Aevo COHR-PERP	+0.0104%	1h	317.55	+0.044%	—	—	10x	as long as short
GRVT COHR_USDT_Perp	+0.0252%	8h	318.70	+0.405%	$2K	$151K	10x	as long as short