Funding you earn now, next payment 09:00 UTC+1.2964%/8h= +1419.6% APRpaid last 24h +0.090%
Price spread now: Paragon against HTX+0.054%7-day average +0.210% · 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 4 days (all we have)−0.185%−$19 · spread now +0.054%, 7d avg +0.210%
=Funding pays, the price is against you. Paragon is 0.156% cheaper against HTX than usual: you would sell low and buy high (spread +0.054% now, against its 7-day average of +0.210%). If the spread goes back, that is −$16 on $10k: about under an hour of funding at the current rate (+$389 a day). At the pace of the last 7 days (+0.921% in total) that is about 28 hours.
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 | HTX CIFR-USDT | 18.490 | 0 | get 0.0000% / 8h | 7h 42m | $723 | $384K | 20x |
| Short | Paragon para:CIFR | 18.500 | 1.2964 | get 0.1621% / 1h | 42m 58s | $987K | $824K | 10x |
HTX CIFR-USDT
Paragon para:CIFRFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon against HTX. 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: +0.054% → +0.210%
- −$15.61
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- $2,684.87
- Costs to cover
- 0.220%
- Break-even
- 0.1 days
Slippage unknown: HTX: live order book, 55 min ago; Paragon: live order book, 44 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 HTX live order book, 55 min ago | 47.53 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Paragon live order book, 44 min ago | 27.87 bp | 33.1 bp −$33 | 150.8 bp −$1,508 | doesn't fit | doesn't fit |
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 | 18.480 | −0.054% | $84K | $97K | 25x | as long as short |
| QFEX CIFR-USD | 0.0000% | 1h | 18.490 | 0.000% | $1.2M | $806K | 10x | as long as short |
| Gate CIFR_USDT | 0.0000% | 8h | 18.481 | −0.049% | $56K | $15K | 20x | as long as short |
| HTX CIFR-USDTlong | 0.0000% | 8h | 18.490 | long leg | $723 | $384K | 20x | |
| Paragon para:CIFRshort | +1.2964% | 1h | 18.500 | +0.054% | $987K | $824K | 10x |
Bybit CIFRUSDT
QFEX CIFR-USD
Gate CIFR_USDT