Funding you earn now, next payment 05:00 UTC+0.0578%/8h= +63.3% APRpaid last 24h +0.033%
Price spread now: Phoenix against MEXC+1.452%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.027%−$3 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Phoenix is 1.452% dearer against MEXC than usual: you sell high and buy low: +$145 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.027% in total (about -1.4% 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 | MEXC ANSEM_USDT | 0.1749 | −0.0258 | get 0.0129% / 4h | 2h 51m | $886K | $444K | 20x |
| Short | Phoenix ANSEM | 0.1774 | 0.0320 | get 0.0040% / 1h | 51m 08s | $77K | $40K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against MEXC. 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
- $121.41
- Price spread: +1.452% → 0.000%
- $145.23
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $255.64
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 55 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 55 min ago | 2.93 bp | 115.9 bp −$116 | 888.4 bp −$8,884 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ANSEM_USDTlong | −0.0258% | 4h | 0.1749 | long leg | $886K | $444K | 20x | |
| BingX ANSEM-USDT | −0.0180% | 4h | 0.1752 | +0.172% | — | $724K | — | as long as short |
| Lighter ANSEM | +0.0096% | 1h | 0.1777 | +1.612% | $337K | $354K | 3x | as long as short |
| Lighter RH ANSEM | +0.0096% | 1h | 0.1761 | +0.680% | $50K | $263K | 3x | as long as short |
| Aster ANSEMUSDT | +0.0100% | 1h | 0.1767 | +1.050% | $259K | $448K | 10x | as long as short |
| Gate ANSEM_USDT | +0.0100% | 4h | 0.1771 | +1.258% | $43K | $85K | 10x | as long as short |
| Phoenix ANSEMshort | +0.0320% | 1h | 0.1774 | +1.452% | $77K | $40K | 3x | |
| Paragon para:ANSEM | +0.2746% | 1h | 0.1784 | +1.981% | $1.6M | $1.3M | 3x | as long as short |
MEXC ANSEM_USDT
Phoenix ANSEM
BingX ANSEM-USDT
Lighter ANSEM
Lighter RH ANSEM
Aster ANSEMUSDT
Gate ANSEM_USDT
Paragon para:ANSEM