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

LRCX

RWAall LRCX markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.539%−$54 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin LRCXUSDTM306.250.0100pay 0.0100% / 8h5h 01m$179K$698K20x
ShortParagon para:LRCX306.210.1837get 0.0230% / 1h1m 57s$436K$60K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 22 min ago11.78 bp111.4 bp −$111doesn't fitdoesn't fitdoesn't fit
Sell Paragon live order book, 34 min ago34.09 bp39.1 bp −$3980.0 bp −$800doesn't fitdoesn't fit

LRCX on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX LRCX-USD−0.0005%1h306.31+0.020%$1.1M$2.7M10xas long as short
Bybit LRCXUSDT0.0000%8h306.32+0.023%$337K$538K25xas long as short
OKX LRCX-USDT-SWAP0.0000%8h306.63+0.124%$388K$298K20xas long as short
Gate LRCX_USDT0.0000%8h306.10−0.049%$262K$434K20xas long as short
Bitget LRCXUSDT0.0000%8h306.45+0.065%$323K$186K20xas long as short
Extended LRCX_24_5-USD+0.0040%1h306.20−0.016%10xas long as short
Vest LRCX-USD-PERP+0.0046%1h306.31+0.020%$4K10xas long as short
BloFin LRCX-USDT+0.0088%8h306.32+0.023%$63K$35K20xas long as short
KuCoin LRCXUSDTMlong+0.0100%8h306.25long leg$179K$698K20x
HTX LRCX-USDT+0.0100%8h306.21−0.013%$9K$353K10xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance LRCXUSDT+0.0108%8h306.34+0.030%$828K$2.7M20xas long as short
Paragon para:LRCXshort+0.1837%1h306.21−0.012%$436K$60K10x