Funding you earn now, next payment 01:00 UTC−0.0565%/8h= −61.9% APRpaid last 24h −0.121%
Price spread now: Gate against Paragon−0.111%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$183as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1641.641% of the position
Funding, last 7 days−0.189%−$19 on $10k
+Price spread, last 4 days (all we have)+0.224%+$22 · spread now −0.111%, 7d avg −0.095%
=The price spread sits at its 7-day average of −0.095%, so right now this pair is about funding alone: −$17 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 -0.189% in total (about -9.8% 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 | 305.64 | 0.0565 | pay 0.0071% / 1h | 33m 17s | $452K | $52K | 10x |
| Short | Gate LRCX_USDT | 305.30 | 0 | get 0.0000% / 8h | 7h 33m | $267K | $425K | 20x |
Paragon para:LRCX
Gate LRCX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$118.74
- Price spread: −0.111% → −0.095%
- −$1.67
- Slippage, 4 orders
- −$139.1
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$284.51
- Costs to cover
- 1.641%
- Break-even
- never at this rate
Slippage from Paragon: live order book, 22 min ago; Gate: live order book, 37 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, 22 min ago | 37.58 bp | 46.9 bp −$47 | 95.0 bp −$950 | doesn't fit | doesn't fit |
| Sell Gate live order book, 37 min ago | 16.42 bp | 24.4 bp −$24 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit LRCXUSDT | 0.0000% | 8h | 305.77 | +0.043% | $355K | $558K | 25x | as long as short |
| OKX LRCX-USDT-SWAP | 0.0000% | 8h | 305.50 | −0.046% | $391K | $321K | 20x | as long as short |
| Gate LRCX_USDTshort | 0.0000% | 8h | 305.30 | −0.111% | $267K | $425K | 20x | |
| Bitget LRCXUSDT | 0.0000% | 8h | 305.48 | −0.052% | $318K | $199K | 20x | as long as short |
| QFEX LRCX-USD | +0.0015% | 1h | 305.80 | +0.052% | $1.1M | $2.9M | 10x | as long as short |
| Extended LRCX_24_5-USD | +0.0040% | 1h | 306.00 | +0.116% | — | — | 10x | as long as short |
| Vest LRCX-USD-PERP | +0.0046% | 1h | 305.80 | +0.052% | — | $4K | 10x | as long as short |
| KuCoin LRCXUSDTM | +0.0100% | 8h | 305.69 | +0.016% | $178K | $762K | 20x | as long as short |
| HTX LRCX-USDT | +0.0100% | 8h | 305.88 | +0.079% | $9K | $351K | 10x | as long as short |
| Binance LRCXUSDT | +0.0338% | 8h | 305.72 | +0.026% | $866K | $2.7M | 20x | as long as short |
Bybit LRCXUSDT
OKX LRCX-USDT-SWAP
Bitget LRCXUSDT
QFEX LRCX-USD
Extended LRCX_24_5-USD
Vest LRCX-USD-PERP
KuCoin LRCXUSDTM
HTX LRCX-USDT
Binance LRCXUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin LRCX-USDT | +0.0339% | 8h | 305.78 | +0.046% | $63K | $36K | 20x | as long as short |
| Paragon para:LRCXlong | +0.0565% | 1h | 305.64 | long leg | $452K | $52K | 10x |
BloFin LRCX-USDT