Funding you earn now, next payment 03:00 UTC−0.1758%/8h= −192.5% APRpaid last 24h −0.090%
Price spread now: HTX against Paragon−0.043%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1631.629% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.078%−$8 · spread now −0.043%, 7d avg −0.027%
=The price spread sits at its 7-day average of −0.027%, so right now this pair is about funding alone: −$53 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 -0.003% in total (about -0.2% 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 | 306.29 | 0.1858 | pay 0.0232% / 1h | 3m 05s | $436K | $60K | 10x |
| Short | HTX LRCX-USDT | 306.16 | 0.0100 | get 0.0100% / 8h | 5h 03m | $9K | $353K | 10x |
Paragon para:LRCX
HTX LRCX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$369.21
- Price spread: −0.043% → −0.027%
- −$1.65
- Slippage, 4 orders
- −$140.9
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$533.75
- Costs to cover
- 1.629%
- Break-even
- never at this rate
Slippage from Paragon: live order book, 32 min ago; HTX: live order book, 60 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, 32 min ago | 34.09 bp | 39.1 bp −$39 | 88.1 bp −$881 | doesn't fit | doesn't fit |
| Sell HTX live order book, 60 min ago | 23.24 bp | 43.8 bp −$44 | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX LRCX-USD | −0.0005% | 1h | 306.19 | −0.033% | $1.1M | $2.7M | 10x | as long as short |
| Bybit LRCXUSDT | 0.0000% | 8h | 306.34 | +0.016% | $337K | $538K | 25x | as long as short |
| OKX LRCX-USDT-SWAP | 0.0000% | 8h | 306.63 | +0.110% | $388K | $298K | 20x | as long as short |
| Gate LRCX_USDT | 0.0000% | 8h | 306.50 | +0.068% | $264K | $433K | 20x | as long as short |
| Bitget LRCXUSDT | 0.0000% | 8h | 306.22 | −0.024% | $323K | $186K | 20x | as long as short |
| Extended LRCX_24_5-USD | +0.0040% | 1h | 306.20 | −0.030% | — | — | 10x | as long as short |
| Vest LRCX-USD-PERP | +0.0046% | 1h | 306.32 | +0.009% | — | $4K | 10x | as long as short |
| BloFin LRCX-USDT | +0.0088% | 8h | 306.32 | +0.009% | $63K | $35K | 20x | as long as short |
| KuCoin LRCXUSDTM | +0.0100% | 8h | 306.39 | +0.032% | $179K | $698K | 20x | as long as short |
| HTX LRCX-USDTshort | +0.0100% | 8h | 306.16 | −0.043% | $9K | $353K | 10x |
QFEX LRCX-USD
Bybit LRCXUSDT
OKX LRCX-USDT-SWAP
Gate LRCX_USDT
Bitget LRCXUSDT
Extended LRCX_24_5-USD
Vest LRCX-USD-PERP
BloFin LRCX-USDT
KuCoin LRCXUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance LRCXUSDT | +0.0111% | 8h | 306.42 | +0.042% | $828K | $2.7M | 20x | as long as short |
| Paragon para:LRCXlong | +0.1858% | 1h | 306.29 | long leg | $436K | $60K | 10x |
Binance LRCXUSDT