Funding you earn now, next payment 04:00 UTC+0.0653%/8h= +71.5% APRnext payment +$0.82 per $10,000 · paid last 24h +0.259%
Price spread now: Paragon against QFEX+0.002%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1291.287% of the position
Funding, last 4 days (all we have)+0.246%+$25 on $10k
+Price spread, last 7 days+0.612%+$61 · spread now +0.002%, 7d avg +0.011%
=The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: +$20 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX CIFR-USD | 18.940 | 0 | get 0.0000% / 1h | 38m 29s | $1.2M | $793K | 10x |
| Short | Paragon para:CIFR | 18.940 | 0.0653 | get 0.0082% / 1h | 38m 29s | $1.0M | $825K | 10x |
QFEX CIFR-USD
Paragon para:CIFRFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon against QFEX. 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
- $137.16
- Price spread: +0.002% → +0.011%
- −$0.93
- Slippage, 4 orders
- −$108.75
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- $7.48
- Costs to cover
- 1.287%
- Break-even
- 6.6 days
Slippage from QFEX: live order book, 8 min ago; Paragon: live order book, 9 min ago.
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 QFEX live order book, 8 min ago | 5.28 bp | 20.8 bp −$21 | 21.7 bp −$217 | doesn't fit | doesn't fit |
| Sell Paragon live order book, 9 min ago | 38.49 bp | 43.8 bp −$44 | 146.5 bp −$1,465 | 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 | 18.930 | −0.053% | $84K | $90K | 25x | as long as short |
| QFEX CIFR-USDlong | 0.0000% | 1h | 18.940 | long leg | $1.2M | $793K | 10x | |
| Gate CIFR_USDT | 0.0000% | 8h | 18.932 | −0.042% | $57K | $31K | 20x | as long as short |
| HTX CIFR-USDT | 0.0000% | 8h | 18.940 | 0.000% | $972 | $383K | 20x | as long as short |
| Paragon para:CIFRshort | +0.0653% | 1h | 18.940 | +0.002% | $1.0M | $825K | 10x |
Bybit CIFRUSDT
Gate CIFR_USDT
HTX CIFR-USDT