Funding you earn now, next payment 07:00 UTC−0.0305%/8h= −33.4% APRnext payment −$0.38 per $10,000 · paid last 24h −0.018%
Price spread now: Lighter against Phoenix−0.375%74s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.594%+$159 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Lighter is 0.375% cheaper against Phoenix than usual: you would sell low and buy high (−$38 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 +1.594%, so the current rate has only just turned against you. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix ANSEM | 0.1812 | 0.0401 | pay 0.0050% / 1h | 38m 16s | $79K | $41K | 3x |
| Short | Lighter ANSEM | 0.1805 | 0.0096 | get 0.0012% / 1h | 38m 16s | $342K | $368K | 3x |
Phoenix ANSEM
Lighter ANSEMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$64.13
- Price spread: −0.375% → 0.000%
- −$37.54
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$108.66
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; Lighter: live order book, 47 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 Lighter live order book, 47 min ago | 65.14 bp | 290.3 bp −$290 | 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 | 0.1779 | −1.794% | $935K | $446K | 20x | as long as short |
| BingX ANSEM-USDT | −0.0170% | 4h | 0.1788 | −1.297% | — | $731K | — | as long as short |
| Lighter ANSEMshort | +0.0096% | 1h | 0.1805 | −0.375% | $342K | $368K | 3x | |
| Lighter RH ANSEM | +0.0096% | 1h | 0.1797 | −0.789% | $52K | $267K | 3x | as long as short |
| Aster ANSEMUSDT | +0.0100% | 1h | 0.1798 | −0.751% | $258K | $456K | 10x | as long as short |
| Gate ANSEM_USDT | +0.0100% | 4h | 0.1799 | −0.690% | $42K | $87K | 10x | as long as short |
| Phoenix ANSEMlong | +0.0401% | 1h | 0.1812 | long leg | $79K | $41K | 3x | |
| Paragon para:ANSEM | +0.2646% | 1h | 0.1809 | −0.127% | $1.6M | $1.4M | 3x | as long as short |
MEXC ANSEM_USDT
BingX ANSEM-USDT
Lighter RH ANSEM
Aster ANSEMUSDT
Gate ANSEM_USDT
Paragon para:ANSEM