Funding you earn now, next payment 02:00 UTC+0.1933%/8h= +211.7% APRpaid last 24h +0.043%
Price spread now: Paragon against OKX0.000%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.751%+$75 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$58 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.751% in total (about 39.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX CIEN-USDT-SWAP | 371.83 | 0 | get 0.0000% / 8h | 6h 40m | $133K | $223K | 20x |
| Short | Paragon para:CIEN | 371.83 | 0.1933 | get 0.0242% / 1h | 40m 36s | $91K | $85K | 10x |
OKX CIEN-USDT-SWAP
Paragon para:CIENFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon against OKX. 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
- $405.93
- Price spread: 0.000% → 0.000%
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- $385.93
- Costs to cover
- 0.200%
- Break-even
- 0.3 days
Slippage unknown: OKX: live order book, 24 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 OKX live order book, 24 min ago | 5.77 bp | 78.4 bp −$78 | 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 | 371.89 | +0.016% | $175K | $964K | 25x | as long as short |
| OKX CIEN-USDT-SWAPlong | 0.0000% | 8h | 371.83 | long leg | $133K | $223K | 20x | |
| Gate CIEN_USDT | 0.0000% | 8h | 372.20 | +0.100% | $305K | $37K | 20x | as long as short |
| Bitget CIENUSDT | 0.0000% | 8h | 372.39 | +0.151% | $93K | $221K | 20x | as long as short |
| QFEX CIEN-USD | +0.0018% | 1h | 372.45 | +0.167% | $1.1M | $4.6M | 10x | as long as short |
| Variational Omni CIEN | +0.0070% | 8h | 372.20 | +0.099% | $49K | $55K | — | as long as short |
| SunX CIEN-USDT | +0.0100% | 8h | 372.20 | +0.100% | $1K | $918K | 10x | as long as short |
| HTX CIEN-USDT | +0.0100% | 8h | 375.90 | +1.095% | $9K | $41K | 10x | as long as short |
| Binance CIENUSDT | +0.0162% | 8h | 372.08 | +0.067% | $536K | $1.2M | 20x | as long as short |
| KuCoin CIENUSDTM | +0.0384% | 8h | 372.30 | +0.126% | $99K | $174K | 20x | as long as short |
Bybit CIENUSDT
Gate CIEN_USDT
Bitget CIENUSDT
QFEX CIEN-USD
Variational Omni CIEN
SunX CIEN-USDT
HTX CIEN-USDT
Binance CIENUSDT
KuCoin CIENUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:CIENshort | +0.1933% | 1h | 371.83 | 0.000% | $91K | $85K | 10x |