CIEN

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Paragonpara:CIEN	352.12	−0.0094	get 0.0012% / 1h	42m 05s	$61K	$2K	10x	Long Paragon
SHORT	BingXNCSKCIEN2USD-USDT	352.36	+0.0050	get 0.0050% / 8h	6h 42m	$981K	$1.2M	—	Short BingX

Price gap+0.068%50s

Funding gap+0.0144% /8h

Both sides work: funding pays +$4 a day on $10k, and the gap is 0.068% above zero (no 7-day history yet): +$7 more if it goes back.

If you open now and hold

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

Funding+$135+0.0144% /8h now · paid +1.352% over the last 7D

Price—spread +0.068%50s now · prices read too far apart to compare

Costsno datano order book for Paragon

Result, before costs—no pointsneeds both prices read together

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+0.068%

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 · 4 to watch

Note: Order book unknown—
No order-book sample for Paragon: its slippage is not counted.
Note: Margin at max leverage$1,000 + —
Paragon 10x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 8h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: +$4.33Long Paragon: 24 payments, +$2.83; short BingX: 3 payments, +$1.50.
Watch: Prices read 50 s apart+0.068% vs —
Part of this gap may be the market moving.
Watch: Long 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: KYCParagon No · BingX Yes
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+0.0644%/8h × 21 periods+$135.20

Price spreadprices read too far apart to compare—

Slippage, 4 ordersno data for Paragon—

Fee Paragon bp × 2 orders−$1.80

Fee BingX bp × 2 orders−$10.00

Net, fees only · 7 days · $10k+$123.40

price spread not counted: prices read too far apart

Costs to cover0.118%Break-even0.6 days

Slippage: Paragon: no order-book sample; BingX: live order book, 1 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGParagon—————

SELL · SHORTBingX11.6329.1 bp−$2987.2 bp−$872230.3 bp−$23.0K736.2 bp−$368.1K

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 ↗