Funding you earn now, next payment 02:00 UTC−0.0447%/8h= −49.0% APRpaid last 24h −0.020%
Price spread now: BloFin against Paragon+0.162%689s7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as 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−$660.665% of the position
Funding, last 7 days+0.066%+$7 on $10k
+Price spread, last 3 days (all we have)−0.131%−$13 · spread now +0.162%, 7d avg +0.055%
=The price spread pays, funding is against you. BloFin is 0.107% dearer against Paragon than usual: you sell high and buy low (spread +0.162% now, against its 7-day average of +0.055%): +$11 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 19 hours. Mind the row above: over the last 7 days funding on this pair paid +0.066%, so the current rate has only just turned against you. The two prices were read 689 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.066% in total (about 3.4% 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 | 323.10 | 0.0435 | pay 0.0054% / 1h | 37m 25s | $477K | $185K | 10x |
| Short | BloFin COHR-USDT | 323.62 | −0.0012 | pay 0.0012% / 8h | 6h 37m | $46K | $113K | 20x |
Paragon para:COHR
BloFin COHR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$93.95
- Price spread: +0.162% → +0.055%
- $10.72
- Slippage, 4 orders
- −$44.45
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$149.68
- Costs to cover
- 0.665%
- Break-even
- never at this rate
Slippage from Paragon: live order book, 8 min ago; BloFin: live order book, 13 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 Paragon live order book, 8 min ago | 7.26 bp | 16.5 bp −$16 | 31.7 bp −$317 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 13 min ago | 0.77 bp | 14.7 bp −$15 | doesn't fit | 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 | −0.0040% | 8h | 322.50 | −0.184% | $357K | $357K | 20x | as long as short |
| BloFin COHR-USDTshort | −0.0012% | 8h | 323.62 | +0.162% | $46K | $113K | 20x | |
| Aster COHRUSDT | 0.0000% | 8h | 322.86 | −0.073% | $40K | $36K | 20x | as long as short |
| Extended COHR-USD | 0.0000% | 1h | 322.90 | −0.060% | $33K | $198K | 10x | as long as short |
| Binance COHRUSDT | 0.0000% | 8h | 322.82 | −0.085% | $7.4M | $9.4M | 25x | as long as short |
| Bybit COHRUSDT | 0.0000% | 8h | 322.73 | −0.113% | $1.2M | $347K | 25x | as long as short |
| OKX COHR-USDT-SWAP | 0.0000% | 8h | 322.75 | −0.107% | $1.0M | $2.1M | 25x | as long as short |
| Gate COHR_USDT | 0.0000% | 8h | 322.85 | −0.076% | $616K | $1.1M | 25x | as long as short |
| Bitget COHRUSDT | 0.0000% | 8h | 323.00 | −0.030% | $1.8M | $1.3M | 20x | as long as short |
| GRVT COHR_USDT_Perp | 0.0000% | 8h | 322.88 | −0.066% | $2K | $181K | 10x | as long as short |
KuCoin COHRUSDTM
Aster COHRUSDT
Extended COHR-USD
Binance COHRUSDT
Bybit COHRUSDT
OKX COHR-USDT-SWAP
Gate COHR_USDT
Bitget COHRUSDT
GRVT COHR_USDT_PerpShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX COHR-USDT | 0.0000% | 8h | 322.92 | −0.054% | — | $2.6M | 10x | as long as short |
| HTX COHR-USDT | 0.0000% | 8h | 322.84 | −0.079% | $5K | $41K | 10x | as long as short |
| QFEX COHR-USD | +0.0020% | 1h | 322.77 | −0.101% | $1.2M | $3.6M | 10x | as long as short |
| Aevo COHR-PERP | +0.0104% | 1h | 322.80 | −0.091% | — | — | 10x | as long as short |
| Paragon para:COHRlong | +0.0435% | 1h | 323.10 | long leg | $477K | $185K | 10x |
SunX COHR-USDT
HTX COHR-USDT
QFEX COHR-USD
Aevo COHR-PERP