Funding you earn now, next payment 02:00 UTC−0.1612%/8h= −176.5% APRpaid last 24h −0.114%
Price spread now: Bitget against Paragon+0.154%7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$184as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1651.653% of the position
Funding, last 7 days−0.191%−$19 on $10k
+Price spread, last 4 days (all we have)−0.061%−$6 · spread now +0.154%, 7d avg −0.040%
=The price spread pays, funding is against you. Bitget is 0.194% dearer against Paragon than usual: you sell high and buy low (spread +0.154% now, against its 7-day average of −0.040%): +$19 on $10k if it goes back. Holding the pair costs −$48 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.191% in total) that is about 7.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.191% in total (about -10.0% 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 | 305.47 | 0.1612 | pay 0.0201% / 1h | 1m 01s | $435K | $60K | 10x |
| Short | Bitget LRCXUSDT | 305.94 | 0 | get 0.0000% / 8h | 6h 01m | $322K | $189K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$338.46
- Price spread: +0.154% → −0.040%
- $19.39
- Slippage, 4 orders
- −$143.26
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$484.33
- Costs to cover
- 1.653%
- Break-even
- never at this rate
Slippage from Paragon: live order book, 45 min ago; Bitget: live order book, 59 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, 45 min ago | 30.99 bp | 36.2 bp −$36 | 76.8 bp −$768 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 59 min ago | 16.58 bp | 26.3 bp −$26 | 353.1 bp −$3,531 | doesn't fit | doesn't fit |
LRCX on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit LRCXUSDT | 0.0000% | 8h | 305.40 | −0.023% | $353K | $528K | 25x | as long as short |
| OKX LRCX-USDT-SWAP | 0.0000% | 8h | 305.27 | −0.065% | $386K | $311K | 20x | as long as short |
| Gate LRCX_USDT | 0.0000% | 8h | 305.60 | +0.043% | $263K | $438K | 20x | as long as short |
| Bitget LRCXUSDTshort | 0.0000% | 8h | 305.94 | +0.154% | $322K | $189K | 20x | |
| Extended LRCX_24_5-USD | +0.0040% | 1h | 305.26 | −0.067% | — | — | 10x | as long as short |
| Vest LRCX-USD-PERP | +0.0046% | 1h | 305.52 | +0.016% | — | $4K | 10x | as long as short |
| QFEX LRCX-USD | +0.0051% | 1h | 305.67 | +0.065% | $1.1M | $2.7M | 10x | as long as short |
| KuCoin LRCXUSDTM | +0.0100% | 8h | 305.35 | −0.039% | $177K | $717K | 20x | as long as short |
| HTX LRCX-USDT | +0.0100% | 8h | 305.69 | +0.072% | $9K | $353K | 10x | as long as short |
| Binance LRCXUSDT | +0.0237% | 8h | 305.46 | −0.003% | $840K | $2.7M | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:LRCXlong | +0.1612% | 1h | 305.47 | long leg | $435K | $60K | 10x |
Paragon para:LRCX
Bitget LRCXUSDT
Bybit LRCXUSDT
OKX LRCX-USDT-SWAP
Gate LRCX_USDT
Extended LRCX_24_5-USD
KuCoin LRCXUSDTM
HTX LRCX-USDT
Binance LRCXUSDT