Funding you earn now, next payment 06:00 UTC+0.0389%/8h= +42.6% APRpaid last 24h +0.125%
Price spread now: Paragon against Gate+0.230%7-day average +0.095% · you sell dearer than you buy
Net, funding: paid 7d − costs−$177as in the Funding arb table
Net, price: spread back to 7d avg − costs−$188as in the Price arb table
costs, in and out, $10k−$2012.013% of the position
Funding, last 7 days+0.245%+$25 on $10k
+Price spread, last 4 days (all we have)−0.379%−$38 · spread now +0.230%, 7d avg +0.095%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Paragon is 0.135% dearer against Gate than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.095%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.245% in total (about 12.8% 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 LRCX_USDT | 300.30 | 0 | get 0.0000% / 8h | 2h 31m | $237K | $461K | 20x |
| Short | Paragon para:LRCX | 300.99 | 0.0389 | get 0.0049% / 1h | 31m 06s | $429K | $53K | 10x |
Gate LRCX_USDT
Paragon para:LRCXFunding 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
- $81.66
- Price spread: +0.230% → +0.095%
- $13.5
- Slippage, 4 orders
- −$176.27
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- −$106.11
- Costs to cover
- 2.013%
- Break-even
- 16.1 days
Slippage from Gate: live order book, 15 min ago; Paragon: live order book, 44 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 Gate live order book, 15 min ago | 16.62 bp | 101.9 bp −$102 | doesn't fit | doesn't fit | doesn't fit |
| Sell Paragon live order book, 44 min ago | 21.27 bp | 26.3 bp −$26 | 60.1 bp −$601 | doesn't fit | doesn't fit |
LRCX on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin LRCX-USDT | −0.0010% | 8h | 300.50 | +0.067% | $64K | $35K | 20x | as long as short |
| Binance LRCXUSDT | 0.0000% | 8h | 300.57 | +0.090% | $812K | $2.7M | 20x | as long as short |
| Bybit LRCXUSDT | 0.0000% | 8h | 300.15 | −0.050% | $280K | $504K | 25x | as long as short |
| OKX LRCX-USDT-SWAP | 0.0000% | 8h | 300.12 | −0.060% | $377K | $287K | 20x | as long as short |
| Gate LRCX_USDTlong | 0.0000% | 8h | 300.30 | long leg | $237K | $461K | 20x | |
| Bitget LRCXUSDT | 0.0000% | 8h | 300.44 | +0.047% | $312K | $191K | 20x | as long as short |
| Extended LRCX_24_5-USD | +0.0040% | 1h | 300.04 | −0.085% | — | — | 10x | as long as short |
| Vest LRCX-USD-PERP | +0.0046% | 1h | 300.36 | +0.020% | — | $4K | 10x | as long as short |
| QFEX LRCX-USD | +0.0056% | 1h | 300.46 | +0.053% | $1.1M | $2.6M | 10x | as long as short |
| KuCoin LRCXUSDTM | +0.0100% | 8h | 299.97 | −0.110% | $178K | $641K | 20x | as long as short |
BloFin LRCX-USDT
Binance LRCXUSDT
Bybit LRCXUSDT
OKX LRCX-USDT-SWAP
Bitget LRCXUSDT
Extended LRCX_24_5-USD
Vest LRCX-USD-PERP
QFEX LRCX-USD
KuCoin LRCXUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX LRCX-USDT | +0.0100% | 8h | 300.00 | −0.100% | $9K | $356K | 10x | as long as short |
| Paragon para:LRCXshort | +0.0389% | 1h | 300.99 | +0.230% | $429K | $53K | 10x |
HTX LRCX-USDT