Funding you earn now, next payment 08:00 UTC−0.0634%/8h= −69.4% APRpaid last 24h −0.053%
Price spread now: BingX against Phoenix−0.249%49s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.101%+$10 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and BingX is 0.249% cheaper against Phoenix than usual: you would sell low and buy high (−$25 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.101%, so the current rate has only just turned against you. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.101% in total (about 5.3% 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 | Phoenix ANSEM | 0.1729 | 0.0464 | pay 0.0058% / 1h | 10m 38s | $75K | $41K | 3x |
| Short | BingX ANSEM-USDT | 0.1725 | −0.0170 | pay 0.0085% / 4h | 3h 10m | — | $733K | — |
Phoenix ANSEM
BingX ANSEM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Phoenix. 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
- −$133.17
- Price spread: −0.249% → 0.000%
- −$24.87
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$175.04
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; BingX: live order book, 33 min ago. 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 33 min ago | 52.11 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
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_USDT | −0.0244% | 4h | 0.1716 | −0.769% | $892K | $466K | 20x | as long as short |
| BingX ANSEM-USDTshort | −0.0170% | 4h | 0.1725 | −0.249% | — | $733K | — | |
| Lighter ANSEM | +0.0096% | 1h | 0.1728 | −0.052% | $328K | $372K | 3x | as long as short |
| Lighter RH ANSEM | +0.0096% | 1h | 0.1723 | −0.376% | $49K | $274K | 3x | as long as short |
| Aster ANSEMUSDT | +0.0100% | 1h | 0.1727 | −0.113% | $249K | $473K | 10x | as long as short |
| Gate ANSEM_USDT | +0.0100% | 4h | 0.1720 | −0.538% | $40K | $87K | 10x | as long as short |
| Phoenix ANSEMlong | +0.0464% | 1h | 0.1729 | long leg | $75K | $41K | 3x | |
| Paragon para:ANSEM | +0.2242% | 1h | 0.1726 | −0.191% | $1.5M | $1.4M | 3x | as long as short |
MEXC ANSEM_USDT
Lighter ANSEM
Lighter RH ANSEM
Aster ANSEMUSDT
Gate ANSEM_USDT
Paragon para:ANSEM