Funding you earn now, next payment 07:00 UTC−0.3026%/8h= −331.4% APRpaid last 24h −0.005%
Price spread now: Paragon against HTX−0.364%7-day average −0.227% · you buy dearer than you sell
Net, funding: paid 7d − costs−$661as in the Funding arb table
Net, price: spread back to 7d avg − costs−$670as in the Price arb table
costs, in and out, $10k−$6566.563% of the position
Funding, last 7 days−0.043%−$4 on $10k
+Price spread, last 4 days (all we have)+0.148%+$15 · spread now −0.364%, 7d avg −0.227%
=Both sides work against this trade now: funding costs −$91 a day on $10k at the current rate, and Paragon is 0.138% cheaper against HTX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.227%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.043% in total (about -2.3% 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 | HTX NET-USDT | 351.52 | 0 | get 0.0000% / 8h | 1h 31m | $9K | $350K | 20x |
| Short | Paragon para:NET | 350.24 | −0.3026 | pay 0.0378% / 1h | 31m 47s | $175K | $41K | 10x |
HTX NET-USDT
Paragon para:NETFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon against HTX. 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
- −$635.56
- Price spread: −0.364% → −0.227%
- −$13.76
- Slippage, 4 orders
- −$634.26
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- −$1,305.58
- Costs to cover
- 6.563%
- Break-even
- never at this rate
Slippage from HTX: live order book, 11 min ago; Paragon: live order book, 34 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 HTX live order book, 11 min ago | 40.12 bp | 291.8 bp −$292 | doesn't fit | doesn't fit | doesn't fit |
| Sell Paragon live order book, 34 min ago | 28.95 bp | 34.0 bp −$34 | 154.6 bp −$1,546 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:NETshort | −0.3026% | 1h | 350.24 | −0.364% | $175K | $41K | 10x | |
| Binance NETUSDT | 0.0000% | 8h | 351.47 | −0.015% | $365K | $796K | 20x | as long as short |
| Bybit NETUSDT | 0.0000% | 8h | 352.40 | +0.250% | $382K | $111K | 25x | as long as short |
| OKX NET-USDT-SWAP | 0.0000% | 8h | 351.94 | +0.119% | $176K | $111K | 20x | as long as short |
| Gate NET_USDT | 0.0000% | 8h | 351.90 | +0.108% | $39K | $6K | 20x | as long as short |
| Bitget NETUSDT | 0.0000% | 8h | 350.68 | −0.239% | $226K | $608K | 20x | as long as short |
| HTX NET-USDTlong | 0.0000% | 8h | 351.52 | long leg | $9K | $350K | 20x | |
| tradeXYZ xyz:NET | +0.0053% | 1h | 351.31 | −0.060% | $384K | $180K | 10x | as long as short |
| Phoenix NET | +0.0296% | 1h | 351.21 | −0.088% | $166 | $84K | 10x | as long as short |
| edgeX NETUSDC | +0.0379% | 4h | 351.77 | +0.071% | $37K | $331K | 10x | as long as short |
Binance NETUSDT
Bybit NETUSDT
OKX NET-USDT-SWAP
Gate NET_USDT
Bitget NETUSDT
tradeXYZ xyz:NET
Phoenix NET
edgeX NETUSDC