Funding you earn now, next payment 00:00 UTC−0.0351%/8h= −38.4% APRpaid last 24h +0.053%
Price spread now: Paragon against KuCoin−0.198%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.704%+$70 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 −$11 a day on $10k at the current rate, and Paragon is 0.198% cheaper against KuCoin than usual: you would sell low and buy high (−$20 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 +0.704%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CIENUSDTM | 372.79 | 0.0411 | pay 0.0411% / 8h | 15m 49s | $102K | $135K | 20x |
| Short | Paragon para:CIEN | 372.05 | 0.0060 | get 0.0008% / 1h | 15m 49s | $91K | $90K | 10x |
KuCoin CIENUSDTM
Paragon para:CIENFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon against KuCoin. 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
- −$73.71
- Price spread: −0.198% → 0.000%
- −$19.84
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- −$115.55
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 38 min ago; Paragon: no order-book sample. 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 KuCoin live order book, 38 min ago | 9.11 bp | 237.9 bp −$238 | doesn't fit | doesn't fit | doesn't fit |
| Sell Paragon no order-book sample | — | — | — | — | — |
Paragon: 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.
CIEN on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CIENUSDT | 0.0000% | 8h | 372.43 | −0.097% | $175K | $1.5M | 25x | as long as short |
| OKX CIEN-USDT-SWAP | 0.0000% | 8h | 372.11 | −0.182% | $135K | $213K | 20x | as long as short |
| Gate CIEN_USDT | 0.0000% | 8h | 372.20 | −0.158% | $305K | $40K | 20x | as long as short |
| Bitget CIENUSDT | 0.0000% | 8h | 372.74 | −0.013% | $88K | $223K | 20x | as long as short |
| Paragon para:CIENshort | +0.0060% | 1h | 372.05 | −0.198% | $91K | $90K | 10x | |
| QFEX CIEN-USD | +0.0060% | 1h | 372.57 | −0.059% | $1.1M | $4.8M | 10x | as long as short |
| Variational Omni CIEN | +0.0095% | 8h | 372.64 | −0.040% | $50K | $54K | — | as long as short |
| SunX CIEN-USDT | +0.0100% | 8h | 372.41 | −0.102% | $1K | $1.0M | 10x | as long as short |
| HTX CIEN-USDT | +0.0100% | 8h | 376.23 | +0.923% | $9K | $40K | 10x | as long as short |
| Binance CIENUSDT | +0.0192% | 8h | 372.64 | −0.040% | $538K | $1.2M | 20x | as long as short |
Bybit CIENUSDT
OKX CIEN-USDT-SWAP
Gate CIEN_USDT
Bitget CIENUSDT
QFEX CIEN-USD
Variational Omni CIEN
SunX CIEN-USDT
HTX CIEN-USDT
Binance CIENUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CIENUSDTMlong | +0.0411% | 8h | 372.79 | long leg | $102K | $135K | 20x |