Funding arb · Price arb /

COHR

RWAall COHR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0060%/8h= −6.6% APRpaid last 24h −0.020%

Price spread now: SunX against Paragon+0.109%7-day average +0.052% · you sell dearer than you buy

Net, funding: paid 7d − costs−$183as in the Funding arb table

Net, price: spread back to 7d avg − costs−$180as in the Price arb table

costs, in and out, $10k−$1851.854% of the position

Long on Paragon Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.021%+$2 on $10k

Price spread, last 4 days (all we have)−0.072%−$7 · spread now +0.109%, 7d avg +0.052%

Together, before fees−0.051%−$5 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.057% dearer against Paragon than usual: you sell high and buy low (spread +0.109% now, against its 7-day average of +0.052%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paragon para:COHR	317.24	0.0060	pay 0.0008% / 1h	10m 27s	$468K	$163K	10x
Short	SunX COHR-USDT	317.58	0	get 0.0000% / 8h	2h 10m	—	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Paragon. 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 ParagonbpFee SunXbpOrdersPrice spread, now +0.109%Rate

Funding earned: −$12.6
Price spread: +0.109% → +0.052%: $5.66
Slippage, 4 orders: −$167.4
Fee Paragon: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$192.33
Costs to cover: 1.854%
Break-even: never at this rate

Slippage from Paragon: live order book, 65 min ago; SunX: live order book, 7 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, 65 min ago	22.84 bp	27.8 bp −$28	40.6 bp −$406	doesn't fit	doesn't fit
Sell SunX live order book, 7 min ago	45.53 bp	65.0 bp −$65	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
Bitget COHRUSDT	−0.0929%	8h	317.38	+0.046%	$1.8M	$1.4M	20x	as long as short
KuCoin COHRUSDTM	−0.0149%	8h	317.20	−0.011%	$352K	$297K	20x	as long as short
BloFin COHR-USDT	−0.0027%	8h	317.80	+0.178%	$46K	$113K	20x	as long as short
Aster COHRUSDT	0.0000%	8h	317.89	+0.206%	$39K	$36K	20x	as long as short
Extended COHR-USD	0.0000%	1h	317.41	+0.056%	$34K	$241K	10x	as long as short
Binance COHRUSDT	0.0000%	8h	317.85	+0.195%	$7.4M	$10.5M	25x	as long as short
Bybit COHRUSDT	0.0000%	8h	317.81	+0.181%	$1.1M	$368K	25x	as long as short
OKX COHR-USDT-SWAP	0.0000%	8h	318.32	+0.342%	$1.0M	$2.1M	25x	as long as short
Gate COHR_USDT	0.0000%	8h	318.10	+0.273%	$617K	$1.1M	25x	as long as short
GRVT COHR_USDT_Perp	0.0000%	8h	315.74	−0.471%	$1K	$172K	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX COHR-USDTshort	0.0000%	8h	317.58	+0.109%	—	$2.4M	10x
HTX COHR-USDT	0.0000%	8h	316.81	−0.134%	$5K	$41K	10x	as long as short
QFEX COHR-USD	+0.0034%	1h	317.67	+0.137%	$1.2M	$2.9M	10x	as long as short
Paragon para:COHRlong	+0.0060%	1h	317.24	long leg	$468K	$163K	10x
Aevo COHR-PERP	+0.0104%	1h	317.70	+0.147%	—	—	10x	as long as short