Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.05525 | +0.0400 | pay 0.0200% / 4h | 7m 36s | $371K | $1.2M | 20x | Long MEXC | |
| SHORT | 0.05448 | +0.2221 | get 0.0278% / 1h | 7m 36s | $218K | $918K | 3x | Short Paragon |
Price gap−1.395%
Funding gap+0.1821% /8h
Funding pays +$55 a day on $10k, but the gap is 0.679% under its 7d average: −$68 if it goes back, about 30 hours of funding. At the last 7 days' pace that is about 5.6 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$85+0.1821% /8h now · paid +0.847% over the last 7D
Price−$68spread −1.395% now, avg −0.717% → −0.679% if it goes back
Costs−$9949.943% of $10k · taker + slippage, in and out
Result−$978−9.78%no points
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.847% in total, about +0.0403%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−1.395%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hANSEM on 8 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size322.9 / 158.5 bpAt $10k entering MEXC costs 322.9 bp, fee and slippage, 2.0× Paragon’s.
- Note: Margin at max leverage$500 + $3,333MEXC 20x, Paragon 3x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$54.64Long MEXC: 6 payments, −$12.00; short Paragon: 24 payments, +$66.64.
- Watch: Gap narrower than usual−1.395% vs −0.717%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$218K vs $371K OIParagon sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCMEXC Yes · Paragon NoKYC before trading since Feb 2026; unverified accounts see market data only.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0403%/8h × 21 periods+$84.65
Price spread−1.395% → −0.717% (7d avg)−$67.87
Slippage, 4 orderslive order books−$976.84
Fee MEXC bp × 2 orders−$4.00
Fee Paragon bp × 2 orders−$13.50
Net · 7 days · $10k−$977.56
Costs to cover9.943%Break-even87.8 days
Slippage: MEXC: live order book, 4 min ago; Paragon: live order book, 39 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGMEXC54.25322.9 bp−$3231216.1 bp−$12.2Kdoesn’t fitdoesn’t fit
SELL · SHORTParagon48.05158.5 bp−$159doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
ANSEM news
posts that mention ANSEM, from every exchange| 09-28 15:16 | Phoenix | Contest | It’s Solana Ecosystem week on Frontier Traders. Trade SOL, JUP, PUMP, SKR, MET, ANSEM, STONK, JTO, and FARTCOIN perpetuals on Phoenix to compete for a $25,000 prize pool across Volume and PnL leaderboards. @PhoenixTrade on X ↗ |
| 09-25 14:48 | Phoenix | Contest | $SOL went up, and so did the rewards. Earn an additional $25k in rewards for trading @solana ecosystem tokens on Phoenix this week, courtesy of @joinfrontier SOL, JUP, PUMP, SKR, MET, ANSEM, STONK, JTO, FART @PhoenixTrade on X ↗ |
| 09-25 14:38 | Paragon | Other | $TREAD led Paragon markets over the last 24h at +40.63%, with $SMCI +7.48%, $ANSEM +7.43% and $CRDO +7.06% rounding out the top of the board. @tradeparagon on X ↗ |
| 09-17 17:43 | Paragon | Other | $TREAD led Paragon markets over the past 24h at +25.99%, ahead of $SMCI at +10.56% and $ANSEM at +9.29%, with $UNITREE up 6.50%. @tradeparagon on X ↗ |
Phoenix