Settings8H · net · $10k
Funding arb · Price arb /

NET

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.1965%/8h= +215.1% APRpaid last 24h −0.035%
Price spread now: Gate against Paragon−0.431%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Gate is 0.431% cheaper against Paragon than usual: you would sell low and buy high (spread −0.431% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$43 on $10k: about 18 hours of funding at the current rate (+$59 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParagon para:NET352.42−0.1965get 0.0246% / 1h15m 03s$176K$40K10x
ShortGate NET_USDT350.900get 0.0000% / 8h2h 15m$40K$6K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$412.58
Price spread: −0.431% → 0.000%
−$43.13
Slippage, 4 orders
no order book: not counted
Fee Paragon: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$344.45
Costs to cover
0.250%
Break-even
1.2 days
Slippage unknown: Paragon: live order book, 60 min ago; Gate: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Paragon live order book, 60 min ago28.74 bp34.0 bp −$34149.1 bp −$1,491doesn't fitdoesn't fit
Sell Gate no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paragon para:NETlong−0.1965%1h352.42long leg$176K$40K10x
edgeX NETUSDC−0.0349%4h351.19−0.348%$37K$331K10xas long as short
Binance NETUSDT0.0000%8h351.21−0.343%$366K$805K20xas long as short
Bybit NETUSDT0.0000%8h351.38−0.295%$382K$110K25xas long as short
OKX NET-USDT-SWAP0.0000%8h351.13−0.366%$176K$109K20xas long as short
Gate NET_USDTshort0.0000%8h350.90−0.431%$40K$6K20x
Bitget NETUSDT0.0000%8h350.39−0.576%$237K$602K20xas long as short
HTX NET-USDT0.0000%8h349.51−0.826%$9K$348K20xas long as short
Phoenix NET+0.0159%1h351.16−0.358%$165$85K10xas long as short
tradeXYZ xyz:NET+0.0245%1h351.25−0.332%$384K$182K10xas long as short