Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.05448 | +0.2221 | pay 0.0278% / 1h | 7m 36s | $218K | $918K | 3x | Long Paragon | |
| SHORT | 0.05525 | +0.0400 | get 0.0200% / 4h | 7m 36s | $371K | $1.2M | 20x | Short MEXC |
Price gap+1.415%
Funding gap−0.1821% /8h
The gap pays +$69 on $10k if it goes back to its 7d average, but funding costs $55 a day and eats that in about 30 hours. At the last 7 days' pace that is about 5.7 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+$69spread +1.415% now, avg +0.722% → +0.693% if it goes back
Costs−$9949.943% of $10k · taker + slippage, in and out
Result−$1,010−10.10%no points
The current funding rate is far below 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+1.415%
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
1 ok · 4 to watch- Watch: Thin at this size265.5 / 247.4 bpAt $10k entering Paragon costs 265.5 bp, fee and slippage, 1.1× MEXC’s.
- Note: Margin at max leverage$3,333 + $500Paragon 3x, MEXC 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$54.64Long Paragon: 24 payments, −$66.64; short MEXC: 6 payments, +$12.00.
- OK: Entry gap works for you+1.415% vs +0.722%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long 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: KYCParagon No · MEXC YesKYC 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+1.415% → +0.722% (7d avg)+$69.32
Slippage, 4 orderslive order books−$976.84
Fee Paragon bp × 2 orders−$13.50
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k−$1,009.67
Costs to cover9.943%Break-evennever at this rate
Slippage: Paragon: live order book, 39 min ago; MEXC: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGParagon48.05265.5 bp−$265doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTMEXC54.25247.4 bp−$2471169.5 bp−$11.7Kdoesn’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