Funding you earn now, next payment 09:00 UTC+1.2964%/8h= +1419.6% APRpaid last 24h +0.090%
Price spread now: Paragon against Gate+0.102%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+0.921%+$92 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$389 a day on $10k at the current rate, and Paragon is 0.102% dearer against Gate than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.921% in total (about 48.0% 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 | Gate CIFR_USDT | 18.481 | 0 | get 0.0000% / 8h | 7h 43m | $56K | $15K | 20x |
| Short | Paragon para:CIFR | 18.500 | 1.2964 | get 0.1621% / 1h | 43m 39s | $987K | $824K | 10x |
Gate CIFR_USDT
Paragon para:CIFRFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon against Gate. 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
- $2,722.49
- Price spread: +0.102% → 0.000%
- $10.23
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- $2,707.71
- Costs to cover
- 0.250%
- Break-even
- 0.0 days
Slippage unknown: Gate: no order-book sample; Paragon: live order book, 43 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 Gate no order-book sample | — | — | — | — | — |
| Sell Paragon live order book, 43 min ago | 27.87 bp | 33.1 bp −$33 | 150.8 bp −$1,508 | doesn't fit | doesn't fit |
Gate: 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.
CIFR on 5 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 CIFRUSDT | 0.0000% | 8h | 18.490 | +0.049% | $84K | $97K | 25x | as long as short |
| QFEX CIFR-USD | 0.0000% | 1h | 18.490 | +0.049% | $1.2M | $806K | 10x | as long as short |
| Gate CIFR_USDTlong | 0.0000% | 8h | 18.481 | long leg | $56K | $15K | 20x | |
| HTX CIFR-USDT | 0.0000% | 8h | 18.460 | −0.114% | $668 | $384K | 20x | as long as short |
| Paragon para:CIFRshort | +1.2964% | 1h | 18.500 | +0.102% | $987K | $824K | 10x |
Bybit CIFRUSDT
QFEX CIFR-USD
HTX CIFR-USDT