Funding you earn now, next payment 01:00 UTC−0.0260%/8h= −28.5% APRpaid last 24h −0.009%
Price spread now: HTX against Paragon+0.779%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. HTX is 0.779% dearer against Paragon than usual: you sell high and buy low (spread +0.779% now, against zero (this spread has no 7-day history yet)): +$78 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 10.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paragon para:CIEN | 372.50 | 0.0360 | pay 0.0045% / 1h | 1m 08s | $91K | $85K | 10x |
| Short | HTX CIEN-USDT | 375.40 | 0.0100 | get 0.0100% / 8h | 7h 01m | $9K | $41K | 10x |
Paragon para:CIEN
HTX CIEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Paragon. 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
- −$54.69
- Price spread: +0.779% → 0.000%
- $77.85
- Slippage, 4 orders
- no order book: not counted
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $1.17
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: Paragon: no order-book sample; HTX: 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 Paragon no order-book sample | — | — | — | — | — |
| Sell HTX no order-book sample | — | — | — | — | — |
Paragon and HTX: 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 | 372.76 | +0.070% | $176K | $1.1M | 25x | as long as short |
| OKX CIEN-USDT-SWAP | 0.0000% | 8h | 372.76 | +0.070% | $134K | $220K | 20x | as long as short |
| Gate CIEN_USDT | 0.0000% | 8h | 372.40 | −0.027% | $305K | $38K | 20x | as long as short |
| Bitget CIENUSDT | 0.0000% | 8h | 373.06 | +0.150% | $92K | $221K | 20x | as long as short |
| QFEX CIEN-USD | +0.0080% | 1h | 373.09 | +0.158% | $1.1M | $4.7M | 10x | as long as short |
| SunX CIEN-USDT | +0.0100% | 8h | 373.02 | +0.140% | $892 | $929K | 10x | as long as short |
| HTX CIEN-USDTshort | +0.0100% | 8h | 375.40 | +0.779% | $9K | $41K | 10x | |
| Variational Omni CIEN | +0.0103% | 8h | 372.98 | +0.128% | $49K | $55K | — | as long as short |
| Binance CIENUSDT | +0.0189% | 8h | 372.86 | +0.097% | $539K | $1.2M | 20x | as long as short |
| Paragon para:CIENlong | +0.0360% | 1h | 372.50 | long leg | $91K | $85K | 10x |
Bybit CIENUSDT
OKX CIEN-USDT-SWAP
Gate CIEN_USDT
Bitget CIENUSDT
QFEX CIEN-USD
SunX CIEN-USDT
Variational Omni CIEN
Binance CIENUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CIENUSDTM | +0.0405% | 8h | 372.84 | +0.091% | $99K | $169K | 20x | as long as short |
KuCoin CIENUSDTM