Settings8H · net · $10k
Funding arb · Price arb /

CIFR

RWAall CIFR markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0601%/8h= −65.8% APRpaid last 24h −0.170%
Price spread now: HTX against Paragon+0.596%7-day average −0.206% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.993%−$99 on $10k
Price spread, last 4 days (all we have)−0.458%−$46 · spread now +0.596%, 7d avg −0.206%
Together, before fees−1.451%−$145 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.802% dearer against Paragon than usual: you sell high and buy low (spread +0.596% now, against its 7-day average of −0.206%): +$80 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 4.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParagon para:CIFR18.9160.0601pay 0.0075% / 1h45m 09s$1.0M$657K10x
ShortHTX CIFR-USDT19.0290get 0.0000% / 8h5h 45m$2K$385K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$126.13
Price spread: +0.596% → −0.206%
$80.17
Slippage, 4 orders
no order book: not counted
Fee Paragon: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$67.95
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: Paragon: live order book, 5 min ago; HTX: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Paragon live order book, 5 min ago51.10 bp56.1 bp −$56135.0 bp −$1,350doesn't fitdoesn't fit
Sell HTX live order book, 1 min ago45.80 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

CIFR on 5 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit CIFRUSDT0.0000%8h18.990+0.390%$83K$68K25xas long as short
Gate CIFR_USDT0.0000%8h18.931+0.078%$56K$12K20xas long as short
HTX CIFR-USDTshort0.0000%8h19.029+0.596%$2K$385K20x
QFEX CIFR-USD+0.0001%1h18.930+0.072%$1.2M$803K10xas long as short
Paragon para:CIFRlong+0.0601%1h18.916long leg$1.0M$657K10x