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

ANSEM

RWAall ANSEM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.2217%/8h= −242.8% APRnext payment $2.77 per $10,000 · paid last 24h −0.368%
Price spread now: Phoenix against Paragon−0.341%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−2.164%−$216 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$67 a day on $10k at the current rate, and Phoenix is 0.341% cheaper against Paragon than usual: you would sell low and buy high (−$34 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParagon para:ANSEM0.17530.2683pay 0.0335% / 1h28m 20s$1.5M$1.4M3x
ShortPhoenix ANSEM0.17470.0466get 0.0058% / 1h28m 20s$76K$39K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix against Paragon. 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
−$465.58
Price spread: −0.341% → 0.000%
−$34.12
Slippage, 4 orders
no order book: not counted
Fee Paragon: 5 bp × 2 orders
−$10
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
−$516.7
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Paragon: live order book, 9 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 Paragon live order book, 9 min ago50.17 bp108.0 bp −$108doesn'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%4h0.1735−1.009%$876K$445K20xas long as short
BingX ANSEM-USDT−0.0180%4h0.1732−1.180%$726Kas long as short
Lighter ANSEM+0.0096%1h0.1745−0.438%$332K$353K3xas long as short
Lighter RH ANSEM+0.0096%1h0.1739−0.792%$48K$263K3xas long as short
Aster ANSEMUSDT+0.0100%1h0.1739−0.758%$255K$447K10xas long as short
Gate ANSEM_USDT+0.0100%4h0.1739−0.781%$43K$84K10xas long as short
Phoenix ANSEMshort+0.0466%1h0.1747−0.341%$76K$39K3x
Paragon para:ANSEMlong+0.2683%1h0.1753long leg$1.5M$1.4M3x