Funding you earn now, next payment 02:00 UTC−0.0087%/8h= −9.5% APRnext payment −$0.11 per $10,000 · paid last 24h +0.131%
Price spread now: Paragon against tradeXYZ−0.263%7-day average −0.080% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.490%−$49 on $10k
+Price spread, last 4 days (all we have)+0.255%+$26 · spread now −0.263%, 7d avg −0.080%
=Together, before fees−0.235%+ Points / potential airdroptradeXYZ: Active · farm board−$23 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Paragon is 0.183% cheaper against tradeXYZ than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.080%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:NET | 353.14 | 0.0033 | pay 0.0004% / 1h | 57m 35s | $371K | $187K | 10x |
| Short | Paragon para:NET | 352.21 | −0.0053 | pay 0.0007% / 1h | 57m 35s | $175K | $38K | 10x |
tradeXYZ xyz:NET
Paragon para:NETFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon against tradeXYZ. 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
- −$18.23
- Price spread: −0.263% → −0.080%
- −$18.29
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- −$64.52
- Costs to cover
- 0.280%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 59 min ago; Paragon: live order book, 58 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 tradeXYZ live order book, 59 min ago | 7.37 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Paragon live order book, 58 min ago | 266.01 bp | 271.0 bp −$271 | 271.5 bp −$2,715 | 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 | −0.0053% | 1h | 352.21 | −0.263% | $175K | $38K | 10x | |
| Binance NETUSDT | 0.0000% | 8h | 352.95 | −0.054% | $369K | $776K | 20x | as long as short |
| Bybit NETUSDT | 0.0000% | 8h | 352.65 | −0.139% | $383K | $112K | 25x | as long as short |
| OKX NET-USDT-SWAP | 0.0000% | 8h | 353.11 | −0.008% | $177K | $103K | 20x | as long as short |
| Gate NET_USDT | 0.0000% | 8h | 352.60 | −0.153% | $39K | $6K | 20x | as long as short |
| Bitget NETUSDT | 0.0000% | 8h | 353.25 | +0.031% | $195K | $572K | 20x | as long as short |
| HTX NET-USDT | 0.0000% | 8h | 352.71 | −0.122% | $9K | $346K | 20x | as long as short |
| tradeXYZ xyz:NETlong | +0.0033% | 1h | 353.14 | long leg | $371K | $187K | 10x | |
| Phoenix NET | +0.0068% | 1h | 353.11 | −0.008% | $166 | $85K | 10x | as long as short |
| edgeX NETUSDC | +0.0164% | 4h | 353.24 | +0.028% | $37K | $323K | 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