Funding you earn now, next payment 03:00 UTC+0.0060%/8h= +6.6% APRpaid last 24h +0.100%
Price spread now: Paragon against Gate−0.215%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Paragon is 0.215% cheaper against Gate than usual: you would sell low and buy high (spread −0.215% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$22 on $10k: about 12 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NET_USDT | 353.00 | 0 | get 0.0000% / 8h | 5h 36m | $40K | $6K | 20x |
| Short | Paragon para:NET | 352.24 | 0.0060 | get 0.0008% / 1h | 36m 27s | $175K | $37K | 10x |
Gate NET_USDT
Paragon para:NETFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon against Gate. 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
- $12.6
- Price spread: −0.215% → 0.000%
- −$21.53
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- −$33.93
- Costs to cover
- 0.250%
- Break-even
- 25.8 days
Slippage unknown: Gate: no order-book sample; Paragon: live order book, 69 min ago. Net counts fees only.
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 Gate no order-book sample | — | — | — | — | — |
| Sell Paragon live order book, 69 min ago | 70.12 bp | 75.1 bp −$75 | 155.6 bp −$1,556 | doesn't fit | doesn't fit |
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
NET on 10 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 NETUSDT | 0.0000% | 8h | 353.75 | +0.212% | $362K | $770K | 20x | as long as short |
| Bybit NETUSDT | 0.0000% | 8h | 353.65 | +0.184% | $384K | $108K | 25x | as long as short |
| OKX NET-USDT-SWAP | 0.0000% | 8h | 353.37 | +0.105% | $177K | $101K | 20x | as long as short |
| Gate NET_USDTlong | 0.0000% | 8h | 353.00 | long leg | $40K | $6K | 20x | |
| Bitget NETUSDT | 0.0000% | 8h | 353.38 | +0.108% | $184K | $569K | 20x | as long as short |
| HTX NET-USDT | 0.0000% | 8h | 353.36 | +0.102% | $9K | $344K | 20x | as long as short |
| edgeX NETUSDC | +0.0010% | 4h | 353.64 | +0.181% | $37K | $325K | 10x | as long as short |
| tradeXYZ xyz:NET | +0.0050% | 1h | 353.57 | +0.161% | $386K | $193K | 10x | as long as short |
| Paragon para:NETshort | +0.0060% | 1h | 352.24 | −0.215% | $175K | $37K | 10x | |
| Phoenix NET | +0.0136% | 1h | 353.62 | +0.176% | $170 | $85K | 10x | as long as short |
Binance NETUSDT
Bybit NETUSDT
OKX NET-USDT-SWAP
Bitget NETUSDT
HTX NET-USDT
edgeX NETUSDC
tradeXYZ xyz:NET
Phoenix NET