Funding you earn now, next payment 04:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h +0.063%
Price spread now: Paragon against SunX−0.169%7-day average −0.119% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.556%+$56 on $10k
+Price spread, last 4 days (all we have)+0.102%+$10 · spread now −0.169%, 7d avg −0.119%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Paragon is 0.050% cheaper against SunX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.119%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.556%, 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 | SunX CIEN-USDT | 372.28 | 0.0100 | pay 0.0100% / 8h | 4h 24m | $655 | $901K | 10x |
| Short | Paragon para:CIEN | 371.65 | 0.0060 | get 0.0008% / 1h | 24m 40s | $69K | $114K | 10x |
SunX CIEN-USDT
Paragon para:CIENFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon against SunX. 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
- −$8.4
- Price spread: −0.169% → −0.119%
- −$5.04
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- −$31.44
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 48 min ago; Paragon: live order book, 32 min ago. 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 SunX live order book, 48 min ago | 500.64 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Paragon live order book, 32 min ago | 53.08 bp | 60.7 bp −$61 | 173.0 bp −$1,730 | doesn't fit | doesn't fit |
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 | 372.06 | −0.059% | $176K | $404K | 25x | as long as short |
| OKX CIEN-USDT-SWAP | 0.0000% | 8h | 372.06 | −0.059% | $132K | $185K | 20x | as long as short |
| Gate CIEN_USDT | 0.0000% | 8h | 372.40 | +0.032% | $300K | $37K | 20x | as long as short |
| Bitget CIENUSDT | 0.0000% | 8h | 372.26 | −0.005% | $96K | $190K | 20x | as long as short |
| Variational Omni CIEN | 0.0000% | 8h | 372.43 | +0.041% | $49K | $55K | — | as long as short |
| Paragon para:CIENshort | +0.0060% | 1h | 371.65 | −0.169% | $69K | $114K | 10x | |
| Binance CIENUSDT | +0.0064% | 8h | 372.42 | +0.038% | $531K | $1.2M | 20x | as long as short |
| QFEX CIEN-USD | +0.0080% | 1h | 372.01 | −0.073% | $1.1M | $4.2M | 10x | as long as short |
| KuCoin CIENUSDTM | +0.0100% | 8h | 371.87 | −0.110% | $100K | $188K | 20x | as long as short |
| SunX CIEN-USDTlong | +0.0100% | 8h | 372.28 | long leg | $655 | $901K | 10x |
Bybit CIENUSDT
OKX CIEN-USDT-SWAP
Gate CIEN_USDT
Bitget CIENUSDT
Variational Omni CIEN
Binance CIENUSDT
QFEX CIEN-USD
KuCoin CIENUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CIEN-USDT | +0.0100% | 8h | 375.36 | +0.827% | $9K | $42K | 10x | as long as short |
HTX CIEN-USDT