CIEN

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	SunXCIEN-USDT	363.33	+0.0100	pay 0.0100% / 8h	4h 04m	$1K	$545K	10x	Long SunX≤10% back
SHORT	MEXCCIENSTOCK_USDT	363.19	0	0.0000% / 8h	4h 04m	$1.3M	$105K	20x	Short MEXC

Price gap−0.039%

Funding gap−0.0100% /8h

Both sides work against this direction now: funding costs $3 a day on $10k and the gap is 0.076% under its 7d average. Swap the legs.

If you open now and hold

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

Funding+$7−0.0100% /8h now · paid +0.069% over the last 7D

Price−$8spread −0.039% now, avg +0.037% → −0.076% if it goes back

Costsdoesn’t fit$10k a leg is deeper than the books hold

Result, before costs−$1−0.01%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest

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−0.039%

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 13 exchanges

lowest funding first

Before you open

1 ok · 4 to watch

Problem: Doesn’t fit the books—
$10k a leg is deeper than SunX’s order book right now.
Note: Margin at max leverage$1,000 + $500
SunX 10x, MEXC 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval8h / 8h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$3.00Long SunX: 3 payments, −$3.00; short MEXC: 3 payments, $0.00.
Watch: Gap narrower than usual−0.039% vs +0.037%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$1K vs $1.3M OI
SunX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCSunX No · MEXC Yes
KYC before trading since Feb 2026; unverified accounts see market data only.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0033%/8h × 21 periods+$6.92

Price spread−0.039% → +0.037% (7d avg)−$7.56

Slippage, 4 ordersdoesn’t fit the book at $10k—

Fee SunX bp × 2 orders−$8.00

Fee MEXC bp × 2 orders−$4.00

Net · 7 days · $10k—

doesn’t fit the books at $10k

Costs to cover—Break-even—

Slippage: SunX: live order book, 26 min ago; MEXC: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGSunX493.03doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTMEXC13.2315.4 bp−$1516.2 bp−$162146.1 bp−$14.6Kdoesn’t fit

Closing costs about the same again.

CIEN news

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

10-02 15:51	BingX	Other	$CIEN jumps 7.77% as AI networking demand fuels the rally 🚀 Bernstein initiated coverage with an Outperform rating and a $440 target, backing Ciena’s AI growth story. What’s next for $CIEN? Read the full breakdown 👇 @BingXOfficial on X ↗
09-18 12:57	Paragon	Listing	Ciena ($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 ↗