Settings8H · net · $10k
Funding arb · Price arb /

ANSEM

RWAall ANSEM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0184%/8h= +20.2% APRnext payment +$0.23 per $10,000 · paid last 24h +0.019%
Price spread now: Phoenix against Lighter−0.788%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−1.593%−$159 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding pays, the price is against you. Phoenix is 0.788% cheaper against Lighter than usual: you would sell low and buy high (spread −0.788% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$79 on $10k: about 14 days of funding at the current rate (+$6 a day). Mind the row above: over the last 7 days funding on this pair cost −1.593%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter ANSEM0.18150.0136pay 0.0017% / 1h12m 19s$344K$362K3x
ShortPhoenix ANSEM0.18010.0320get 0.0040% / 1h12m 19s$78K$40K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix against Lighter. 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

Funding earned
$38.67
Price spread: −0.788% → 0.000%
−$78.77
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
−$47.1
Costs to cover
0.070%
Break-even
15.5 days
Slippage unknown: Lighter: live order book, 18 min ago; Phoenix: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 18 min ago52.08 bp111.0 bp −$111doesn't fitdoesn't fitdoesn't fit
Sell Phoenix no order-book sample
Phoenix: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ANSEM on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ANSEM_USDT−0.0258%4h0.1796−1.069%$924K$454K20xas long as short
BingX ANSEM-USDT−0.0180%4h0.1791−1.344%$724Kas long as short
Lighter RH ANSEM+0.0096%1h0.1810−0.297%$52K$268K3xas long as short
Aster ANSEMUSDT+0.0100%1h0.1822+0.377%$265K$455K10xas long as short
Gate ANSEM_USDT+0.0100%4h0.1813−0.132%$43K$87K10xas long as short
Lighter ANSEMlong+0.0136%1h0.1815long leg$344K$362K3x
Phoenix ANSEMshort+0.0320%1h0.1801−0.788%$78K$40K3x
Paragon para:ANSEM+0.2626%1h0.1821+0.297%$1.6M$1.4M3xas long as short