CIEN

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXNCSKCIEN2USD-USDT	351.03	+0.0574	pay 0.0574% / 8h	7h 17m	$981K	$1.2M	—	Long BingX
SHORT	Paragonpara:CIEN	350.98	−0.0667	pay 0.0083% / 1h	17m 17s	$61K	$2K	10x	Short Paragon

Price gap−0.015%

Funding gap−0.1241% /8h

Funding costs $37 a day on $10k at the current rate. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$134−0.1241% /8h now · paid −1.339% over the last 7D

Price—spread −0.015% now · no price history on both exchanges yet

Costsno datano order book for Paragon

Result, before costs—no pointsneeds both price histories

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.015%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

CIEN on 12 exchanges

lowest funding first

Before you open

0 ok · 3 to watch

Note: Order book unknown—
No order-book sample for Paragon: its slippage is not counted.
Note: Margin at max leverage— + $1,000
BingX —, Paragon 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ8h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$37.23Long BingX: 3 payments, −$17.22; short Paragon: 24 payments, −$20.01.
Note: No 7-day spread history−0.015%
The gap cannot be compared with its average yet.
Watch: Short leg is thinner$61K vs $981K OI
Paragon sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBingX Yes · Paragon No
Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0638%/8h × 21 periods−$133.93

Price spread−0.015% → 0−$1.48

Slippage, 4 ordersno data for Paragon—

Fee BingX bp × 2 orders−$10.00

Fee Paragon bp × 2 orders−$1.80

Net, fees only · 7 days · $10k−$147.21

Costs to cover0.118%Break-evennever at this rate

Slippage: BingX: live order book, 11 min ago; Paragon: no order-book sample

Cost to enter

taker + slippage from mid, one side

BUY · LONGBingX11.2334.8 bp−$3582.4 bp−$824186.5 bp−$18.6K691.4 bp−$345.7K

SELL · SHORTParagon—————

Closing costs about the same again.
Paragon: no data.

CIEN news

posts that mention CIEN or Ciena, from every exchangeSearch all news →

09-18 12:57

Paragon

Listing

Ciena ($CIEN), IREN ($IREN) and Applied Optoelectronics ($AAOI) sit on different layers of the same AI build: line systems, cloud capacity, and optical transceivers. All three are live as perpetuals, 24/7 on Hyperliquid. Up to 10x. @tradeparagon on X ↗