Funding you earn now, next payment 05:00 UTC−0.0650%/8h= −71.1% APRpaid last 24h −0.078%
Price spread now: Binance against Paragon+0.001%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1131.128% of the position
Funding, last 7 days−0.135%−$13 on $10k
+Price spread, last 4 days (all we have)+0.469%+$47 · spread now +0.001%, 7d avg +0.015%
=The price spread sits at its 7-day average of +0.015%, so right now this pair is about funding alone: −$19 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.135% in total (about -7.0% 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 | Paragon para:LRCX | 302.13 | 0.0650 | pay 0.0081% / 1h | 24m 37s | $430K | $60K | 10x |
| Short | Binance LRCXUSDT | 302.13 | 0 | get 0.0000% / 8h | 3h 24m | $815K | $2.7M | 20x |
Paragon para:LRCX
Binance LRCXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Paragon. 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
- −$136.45
- Price spread: +0.001% → +0.015%
- −$1.45
- Slippage, 4 orders
- −$92.84
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$250.74
- Costs to cover
- 1.128%
- Break-even
- never at this rate
Slippage from Paragon: live order book, 61 min ago; Binance: live order book, 11 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 Paragon live order book, 61 min ago | 30.66 bp | 36.4 bp −$36 | 77.1 bp −$771 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 3.14 bp | 22.0 bp −$22 | 81.1 bp −$811 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance LRCXUSDTshort | 0.0000% | 8h | 302.13 | +0.001% | $815K | $2.7M | 20x | |
| Bybit LRCXUSDT | 0.0000% | 8h | 302.18 | +0.016% | $334K | $439K | 25x | as long as short |
| OKX LRCX-USDT-SWAP | 0.0000% | 8h | 301.93 | −0.067% | $381K | $278K | 20x | as long as short |
| Gate LRCX_USDT | 0.0000% | 8h | 302.10 | −0.010% | $239K | $441K | 20x | as long as short |
| Bitget LRCXUSDT | 0.0000% | 8h | 302.30 | +0.056% | $314K | $190K | 20x | as long as short |
| QFEX LRCX-USD | +0.0019% | 1h | 301.64 | −0.163% | $1.1M | $2.6M | 10x | as long as short |
| BloFin LRCX-USDT | +0.0021% | 8h | 302.92 | +0.261% | $63K | $35K | 20x | as long as short |
| Extended LRCX_24_5-USD | +0.0040% | 1h | 301.78 | −0.115% | — | — | 10x | as long as short |
| Vest LRCX-USD-PERP | +0.0046% | 1h | 301.52 | −0.202% | — | $4K | 10x | as long as short |
| KuCoin LRCXUSDTM | +0.0100% | 8h | 302.14 | +0.003% | $176K | $664K | 20x | as long as short |
Bybit LRCXUSDT
OKX LRCX-USDT-SWAP
Gate LRCX_USDT
Bitget LRCXUSDT
QFEX LRCX-USD
BloFin LRCX-USDT
Extended LRCX_24_5-USD
Vest LRCX-USD-PERP
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 | 301.90 | −0.077% | $9K | $354K | 10x | as long as short |
| Paragon para:LRCXlong | +0.0650% | 1h | 302.13 | long leg | $430K | $60K | 10x |
HTX LRCX-USDT