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

ANSEM

RWAall ANSEM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0097%/8h= −10.6% APRnext payment $0.12 per $10,000 · paid last 24h −0.065%
Price spread now: Lighter RH against Phoenix−0.590%75s7-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−0.014%−$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Lighter RH is 0.590% cheaper against Phoenix than usual: you would sell low and buy high (−$59 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix ANSEM0.16270.0193pay 0.0024% / 1h54m 06s$67K$35K3x
ShortLighter RH ANSEM0.16180.0096get 0.0012% / 1h54m 06s$42K$178K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Phoenix. 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
−$20.38
Price spread: −0.590% → 0.000%
−$59
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$86.38
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Phoenix: no order-book sample; Lighter RH: live order book, 18 min ago. 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 Phoenix no order-book sample
Sell Lighter RH live order book, 18 min ago25.17 bp198.9 bp −$199doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paragon para:ANSEM−0.0547%1h0.1621−0.381%$1.2M$844K3xas long as short
Lighter ANSEM+0.0096%1h0.1634+0.412%$310K$260K3xas long as short
Lighter RH ANSEMshort+0.0096%1h0.1618−0.590%$42K$178K3x
Aster ANSEMUSDT+0.0100%1h0.1624−0.196%$207K$343K10xas long as short
Gate ANSEM_USDT+0.0100%4h0.1615−0.744%$38K$73K10xas long as short
Phoenix ANSEMlong+0.0193%1h0.1627long leg$67K$35K3x
MEXC ANSEM_USDT+0.0400%4h0.1637+0.608%$878K$396K20xas long as short
BingX ANSEM-USDT+0.0400%4h0.1639+0.731%$729Kas long as short