Funding you earn now, next payment 05:00 UTC−0.0247%/8h= −27.0% APRpaid last 24h −0.021%
Price spread now: Bitget against Paragon+0.064%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$920.924% of the position
Funding, last 7 days+0.114%+$11 on $10k
+Price spread, last 4 days (all we have)+0.292%+$29 · spread now +0.064%, 7d avg +0.028%
=The price spread pays, funding is against you. Bitget is 0.036% dearer against Paragon than usual: you sell high and buy low (spread +0.064% now, against its 7-day average of +0.028%): +$4 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 12 hours. Mind the row above: over the last 7 days funding on this pair paid +0.114%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.114% in total (about 6.0% 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 | Paragon para:COHR | 318.00 | 0.0060 | pay 0.0008% / 1h | 6m 32s | $469K | $164K | 10x |
| Short | Bitget COHRUSDT | 318.21 | −0.0187 | pay 0.0187% / 8h | 3h 06m | $1.8M | $1.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Paragon. 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
- −$51.87
- Price spread: +0.064% → +0.028%
- $3.63
- Slippage, 4 orders
- −$70.42
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$140.66
- Costs to cover
- 0.924%
- Break-even
- never at this rate
Slippage from Paragon: live order book, 9 min ago; Bitget: live order book, just now.
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 Paragon live order book, 9 min ago | 22.84 bp | 27.8 bp −$28 | 40.6 bp −$406 | doesn't fit | doesn't fit |
| Sell Bitget live order book, just now | 4.87 bp | 17.8 bp −$18 | 45.8 bp −$458 | 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 | −0.0229% | 8h | 318.10 | +0.030% | $353K | $303K | 20x | as long as short |
| Bitget COHRUSDTshort | −0.0187% | 8h | 318.21 | +0.064% | $1.8M | $1.3M | 20x | |
| Aster COHRUSDT | 0.0000% | 8h | 318.22 | +0.067% | $39K | $36K | 20x | as long as short |
| Extended COHR-USD | 0.0000% | 1h | 318.29 | +0.089% | $33K | $238K | 10x | as long as short |
| Binance COHRUSDT | 0.0000% | 8h | 318.34 | +0.105% | $7.4M | $9.5M | 25x | as long as short |
| Bybit COHRUSDT | 0.0000% | 8h | 318.03 | +0.008% | $1.1M | $358K | 25x | as long as short |
| OKX COHR-USDT-SWAP | 0.0000% | 8h | 318.00 | −0.002% | $1.0M | $2.1M | 25x | as long as short |
| Gate COHR_USDT | 0.0000% | 8h | 318.05 | +0.014% | $614K | $1.1M | 25x | as long as short |
| GRVT COHR_USDT_Perp | 0.0000% | 8h | 318.05 | +0.014% | $2K | $174K | 10x | as long as short |
| SunX COHR-USDT | 0.0000% | 8h | 318.09 | +0.027% | — | $2.4M | 10x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX COHR-USDT | 0.0000% | 8h | 318.55 | +0.171% | $5K | $41K | 10x | as long as short |
| BloFin COHR-USDT | +0.0015% | 8h | 317.91 | −0.030% | $45K | $111K | 20x | as long as short |
| QFEX COHR-USD | +0.0029% | 1h | 318.24 | +0.074% | $1.2M | $2.9M | 10x | as long as short |
| Paragon para:COHRlong | +0.0060% | 1h | 318.00 | long leg | $469K | $164K | 10x | |
| Aevo COHR-PERP | +0.0104% | 1h | 317.94 | −0.021% | — | — | 10x | as long as short |
Paragon para:COHR
Bitget COHRUSDT
KuCoin COHRUSDTM
Aster COHRUSDT
Extended COHR-USD
Binance COHRUSDT
Bybit COHRUSDT
OKX COHR-USDT-SWAP
Gate COHR_USDT
GRVT COHR_USDT_Perp
SunX COHR-USDT
HTX COHR-USDT
BloFin COHR-USDT