Funding you earn now, next payment 09:00 UTC+0.4549%/8h= +498.1% APRpaid last 24h +0.147%
Price spread now: edgeX against Paragon+0.140%48s7-day average +0.145% · you sell dearer than you buy
Net, funding: paid 7d − costs−$427as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$4204.204% of the position
Funding, last 7 days−0.071%−$7 on $10k
+Price spread, last 4 days (all we have)−0.197%−$20 · spread now +0.140%, 7d avg +0.145%
=Together, before fees−0.267%+ Points / potential airdropedgeX: Active · farm board−$27 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.145%, so right now this pair is about funding alone: +$136 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.071%, so the current rate has only just turned in your favour. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.071% in total (about -3.7% 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:NET | 351.66 | −0.4442 | get 0.0555% / 1h | 44m 20s | $181K | $45K | 10x |
| Short | edgeX NETUSDC | 352.15 | 0.0107 | get 0.0053% / 4h | 3h 44m | $37K | $333K | 10x |
Paragon para:NET
edgeX NETUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $955.33
- Price spread: +0.140% → +0.145%
- −$0.48
- Slippage, 4 orders
- −$401.36
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $534.48
- Costs to cover
- 4.204%
- Break-even
- 3.1 days
Slippage from Paragon: live order book, 1 min ago; edgeX: live order book, 54 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, 1 min ago | 62.50 bp | 172.4 bp −$172 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 54 min ago | 10.39 bp | 26.5 bp −$26 | doesn't fit | 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:NETlong | −0.4442% | 1h | 351.66 | long leg | $181K | $45K | 10x | |
| Phoenix NET | −0.0068% | 1h | 351.23 | −0.122% | $170 | $80K | 10x | as long as short |
| Binance NETUSDT | 0.0000% | 8h | 352.12 | +0.131% | $364K | $812K | 20x | as long as short |
| Bybit NETUSDT | 0.0000% | 8h | 352.29 | +0.179% | $390K | $115K | 25x | as long as short |
| OKX NET-USDT-SWAP | 0.0000% | 8h | 352.21 | +0.156% | $175K | $101K | 20x | as long as short |
| Gate NET_USDT | 0.0000% | 8h | 351.50 | −0.045% | $39K | $4K | 20x | as long as short |
| Bitget NETUSDT | 0.0000% | 8h | 351.44 | −0.063% | $224K | $649K | 20x | as long as short |
| HTX NET-USDT | 0.0000% | 8h | 351.71 | +0.014% | $9K | $354K | 20x | as long as short |
| tradeXYZ xyz:NET | +0.0050% | 1h | 352.34 | +0.193% | $396K | $183K | 10x | as long as short |
| edgeX NETUSDCshort | +0.0107% | 4h | 352.15 | +0.140% | $37K | $333K | 10x |
Phoenix NET
Binance NETUSDT
Bybit NETUSDT
OKX NET-USDT-SWAP
Gate NET_USDT
Bitget NETUSDT
HTX NET-USDT
tradeXYZ xyz:NET