If you google "flaking a rope" you will find that thwe procedure is used by both sailors and rock climbers to keep coils of rope untangled and ready for instant access. Here is a way to do the same with paracord so that the whole length is readily available. You will use the "Figure eight" loom described here
http://forums.equipped.org/ubbthreads.php?ubb=showflat&Number=277200&page=4 post # 277292
Leaving a 6" or so long tail wrap cord a couple of times around tie off point and bring cord to right up side A.
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Bring cord to left crossing over to side A.
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Bring cord to right up side B (do
NOT cross over).
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Now bring cord to left over to side B.
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Continue in this manner - straight going from left to right and crossing over going from right to left.
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When loom is full remove loops from right hand peg.
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Grab the cords one hand at 1 and the other at 2 and gently pull apart - this will separate the cords at left hand peg.
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Fold the bundle in half and wrap the tag end around and secure with half hitch.
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To access cord undo the wrapping, hold the tag end and drop or toss the bundle into a empty (cat free) area