Funding you earn now, next payment 07:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.08 per $10,000 · paid last 24h +0.158%
Price spread now: Paragon against QFEX−0.093%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Paragon is 0.093% cheaper against QFEX than usual: you would sell low and buy high (spread −0.093% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 5.2 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX IGV-USD | 107.35 | 0 | get 0.0000% / 1h | 50m 26s | $1.1M | $2.2M | 30x |
| Short | Paragon para:IGV | 107.25 | 0.0060 | get 0.0008% / 1h | 50m 26s | $13K | $2K | 10x |
QFEX IGV-USD
Paragon para:IGVFunding 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
- $12.6
- Price spread: −0.093% → 0.000%
- −$9.32
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- −$16.72
- Costs to cover
- 0.200%
- Break-even
- 16.3 days
Slippage unknown: QFEX: live order book, 2 min ago; Paragon: no order-book sample. 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 QFEX live order book, 2 min ago | 76.39 bp | 94.8 bp −$95 | 96.2 bp −$962 | doesn't fit | doesn't fit |
| Sell Paragon no order-book sample | — | — | — | — | — |
Paragon: 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.
IGV on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX IGV-USDlong | 0.0000% | 1h | 107.35 | long leg | $1.1M | $2.2M | 30x | |
| Paragon para:IGVshort | +0.0060% | 1h | 107.25 | −0.093% | $13K | $2K | 10x | |
| MEXC IGV_USDT | +0.0200% | 8h | 107.34 | −0.009% | $82K | $83K | 20x | as long as short |
MEXC IGV_USDT