Funding you earn now, next payment 02:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h +0.001%
Price spread now: MEXC against Phoenix+0.939%47s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.063%+$6 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and MEXC is 0.939% dearer against Phoenix than usual: you sell high and buy low: +$94 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 47 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 | 0.1566 | 0.0304 | pay 0.0038% / 1h | 12m 28s | $66K | $37K | 3x |
| Short | MEXC ANSEM_USDT | 0.1581 | 0.0400 | get 0.0200% / 4h | 1h 12m | $847K | $430K | 20x |
Phoenix ANSEM
MEXC ANSEM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $20.09
- Price spread: +0.939% → 0.000%
- $93.85
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $102.95
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Phoenix: no order-book sample; MEXC: live order book, 43 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 MEXC live order book, 43 min ago | 30.58 bp | 343.9 bp −$344 | 1203.5 bp −$12.0K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ANSEM_USDT | +0.0100% | 4h | 0.1571 | +0.300% | $44K | $80K | 10x | as long as short |
| Phoenix ANSEMlong | +0.0304% | 1h | 0.1566 | long leg | $66K | $37K | 3x | |
| Lighter RH ANSEM | +0.0400% | 1h | 0.1583 | +1.066% | $45K | $235K | 3x | as long as short |
| MEXC ANSEM_USDTshort | +0.0400% | 4h | 0.1581 | +0.939% | $847K | $430K | 20x | |
| BingX ANSEM-USDT | +0.0400% | 4h | 0.1587 | +1.322% | — | $722K | — | as long as short |
| Aster ANSEMUSDT | +0.1215% | 1h | 0.1573 | +0.428% | $235K | $453K | 10x | as long as short |
| Lighter ANSEM | +0.3072% | 1h | 0.1584 | +1.130% | $308K | $333K | 3x | as long as short |
| Paragon para:ANSEM | +0.8481% | 1h | 0.1576 | +0.638% | $1.4M | $1.4M | 3x | as long as short |
Gate ANSEM_USDT
Lighter RH ANSEM
BingX ANSEM-USDT
Aster ANSEMUSDT
Lighter ANSEM
Paragon para:ANSEM