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

LRCX

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.252%−$25 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParagon para:LRCX305.470.1612pay 0.0201% / 1h1m 01s$435K$60K10x
ShortBitget LRCXUSDT305.940get 0.0000% / 8h6h 01m$322K$189K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Paragon live order book, 45 min ago30.99 bp36.2 bp −$3676.8 bp −$768doesn't fitdoesn't fit
Sell Bitget live order book, 59 min ago16.58 bp26.3 bp −$26353.1 bp −$3,531doesn't fitdoesn't fit

LRCX on 11 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
Bybit LRCXUSDT0.0000%8h305.40−0.023%$353K$528K25xas long as short
OKX LRCX-USDT-SWAP0.0000%8h305.27−0.065%$386K$311K20xas long as short
Gate LRCX_USDT0.0000%8h305.60+0.043%$263K$438K20xas long as short
Bitget LRCXUSDTshort0.0000%8h305.94+0.154%$322K$189K20x
Extended LRCX_24_5-USD+0.0040%1h305.26−0.067%10xas long as short
Vest LRCX-USD-PERP+0.0046%1h305.52+0.016%$4K10xas long as short
QFEX LRCX-USD+0.0051%1h305.67+0.065%$1.1M$2.7M10xas long as short
KuCoin LRCXUSDTM+0.0100%8h305.35−0.039%$177K$717K20xas long as short
HTX LRCX-USDT+0.0100%8h305.69+0.072%$9K$353K10xas long as short
Binance LRCXUSDT+0.0237%8h305.46−0.003%$840K$2.7M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paragon para:LRCXlong+0.1612%1h305.47long leg$435K$60K10x