Funding you earn now, next payment 03:00 UTC+0.1737%/8h= +190.2% APRpaid last 24h +0.090%
Price spread now: Paragon against KuCoin−0.012%7-day average +0.143% · you buy dearer than you sell
Net, funding: paid 7d − costs−$418as in the Funding arb table
Net, price: spread back to 7d avg − costs−$428as in the Price arb table
costs, in and out, $10k−$4124.123% of the position
Funding, last 7 days−0.055%−$5 on $10k
+Price spread, last 4 days (all we have)−0.484%−$48 · spread now −0.012%, 7d avg +0.143%
=Funding pays, the price is against you. Paragon is 0.156% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.012% now, against its 7-day average of +0.143%). If the spread goes back, that is −$16 on $10k: about 7 hours of funding at the current rate (+$52 a day). Mind the row above: over the last 7 days funding on this pair cost −0.055%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.055% in total (about -2.9% 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 | KuCoin LRCXUSDTM | 306.25 | 0.0100 | pay 0.0100% / 8h | 5h 01m | $179K | $698K | 20x |
| Short | Paragon para:LRCX | 306.21 | 0.1837 | get 0.0230% / 1h | 1m 57s | $436K | $60K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon against KuCoin. 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
- $364.73
- Price spread: −0.012% → +0.143%
- −$15.55
- Slippage, 4 orders
- −$390.35
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- −$63.17
- Costs to cover
- 4.123%
- Break-even
- 8.2 days
Slippage from KuCoin: live order book, 22 min ago; Paragon: live order book, 34 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 KuCoin live order book, 22 min ago | 11.78 bp | 111.4 bp −$111 | doesn't fit | doesn't fit | doesn't fit |
| Sell Paragon live order book, 34 min ago | 34.09 bp | 39.1 bp −$39 | 80.0 bp −$800 | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX LRCX-USD | −0.0005% | 1h | 306.31 | +0.020% | $1.1M | $2.7M | 10x | as long as short |
| Bybit LRCXUSDT | 0.0000% | 8h | 306.32 | +0.023% | $337K | $538K | 25x | as long as short |
| OKX LRCX-USDT-SWAP | 0.0000% | 8h | 306.63 | +0.124% | $388K | $298K | 20x | as long as short |
| Gate LRCX_USDT | 0.0000% | 8h | 306.10 | −0.049% | $262K | $434K | 20x | as long as short |
| Bitget LRCXUSDT | 0.0000% | 8h | 306.45 | +0.065% | $323K | $186K | 20x | as long as short |
| Extended LRCX_24_5-USD | +0.0040% | 1h | 306.20 | −0.016% | — | — | 10x | as long as short |
| Vest LRCX-USD-PERP | +0.0046% | 1h | 306.31 | +0.020% | — | $4K | 10x | as long as short |
| BloFin LRCX-USDT | +0.0088% | 8h | 306.32 | +0.023% | $63K | $35K | 20x | as long as short |
| KuCoin LRCXUSDTMlong | +0.0100% | 8h | 306.25 | long leg | $179K | $698K | 20x | |
| HTX LRCX-USDT | +0.0100% | 8h | 306.21 | −0.013% | $9K | $353K | 10x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance LRCXUSDT | +0.0108% | 8h | 306.34 | +0.030% | $828K | $2.7M | 20x | as long as short |
| Paragon para:LRCXshort | +0.1837% | 1h | 306.21 | −0.012% | $436K | $60K | 10x |
KuCoin LRCXUSDTM
Paragon para:LRCX
Bybit LRCXUSDT
OKX LRCX-USDT-SWAP
Gate LRCX_USDT
Bitget LRCXUSDT
Extended LRCX_24_5-USD
BloFin LRCX-USDT
HTX LRCX-USDT
Binance LRCXUSDT