Funding you earn now, next payment 07:00 UTC+0.3256%/8h= +356.5% APRnext payment +$4.07 per $10,000 · paid last 24h +0.020%
Price spread now: tradeXYZ against Paragon+0.328%7-day average +0.086% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.486%+$49 on $10k
+Price spread, last 4 days (all we have)−0.320%−$32 · spread now +0.328%, 7d avg +0.086%
=Together, before fees+0.166%+ Points / potential airdroptradeXYZ: Active · farm board+$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$98 a day on $10k at the current rate, and tradeXYZ is 0.243% dearer against Paragon than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of +0.086%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.486% in total (about 25.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.07 per $10,000. 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 | 350.25 | −0.2952 | get 0.0369% / 1h | 40m 03s | $175K | $41K | 10x |
| Short | tradeXYZ xyz:NET | 351.40 | 0.0304 | get 0.0038% / 1h | 40m 03s | $384K | $180K | 10x |
Paragon para:NET
tradeXYZ xyz:NETFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $683.76
- Price spread: +0.328% → +0.086%
- $24.26
- Slippage, 4 orders
- no order book: not counted
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $680.01
- Costs to cover
- 0.280%
- Break-even
- 0.0 days
Slippage unknown: Paragon: live order book, 25 min ago; tradeXYZ: live order book, 26 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 Paragon live order book, 25 min ago | 28.95 bp | 34.0 bp −$34 | 156.5 bp −$1,565 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 26 min ago | 9.26 bp | 52.6 bp −$53 | 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 | −0.2952% | 1h | 350.25 | long leg | $175K | $41K | 10x | |
| Binance NETUSDT | 0.0000% | 8h | 351.52 | +0.363% | $366K | $797K | 20x | as long as short |
| Bybit NETUSDT | 0.0000% | 8h | 352.40 | +0.614% | $382K | $111K | 25x | as long as short |
| OKX NET-USDT-SWAP | 0.0000% | 8h | 351.94 | +0.483% | $176K | $111K | 20x | as long as short |
| Gate NET_USDT | 0.0000% | 8h | 351.90 | +0.471% | $39K | $6K | 20x | as long as short |
| Bitget NETUSDT | 0.0000% | 8h | 350.53 | +0.080% | $226K | $605K | 20x | as long as short |
| HTX NET-USDT | 0.0000% | 8h | 350.91 | +0.188% | $9K | $349K | 20x | as long as short |
| Phoenix NET | +0.0296% | 1h | 351.64 | +0.397% | $173 | $84K | 10x | as long as short |
| tradeXYZ xyz:NETshort | +0.0304% | 1h | 351.40 | +0.328% | $384K | $180K | 10x | |
| edgeX NETUSDC | +0.0392% | 4h | 351.16 | +0.259% | $37K | $332K | 10x | as long as short |
Binance NETUSDT
Bybit NETUSDT
OKX NET-USDT-SWAP
Gate NET_USDT
Bitget NETUSDT
HTX NET-USDT
Phoenix NET
edgeX NETUSDC