Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG40.950+0.0337pay 0.0042% / 1h16m 04s$297K$19K10xLong Paragon
SHORT41.050+0.0321get 0.0321% / 8h7h 16m$998K$1.2M—Short BingX
Price gap+0.244%50s
Funding gap−0.0016% /8h

The gap pays +$18 on $10k if it goes back to its 7d average, but funding costs $0 a day and eats that in about 38 days. At the last 7 days' pace that is about 3.1 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$40−0.0016% /8h now · paid −0.405% over the last 7D
Price—spread +0.244%50s now · prices read too far apart to compare
Costs−$780.775% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.244%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

SMCI on 19 exchanges

lowest funding first

Before you open

0 ok · 5 to watch
  • Watch: Thin at this size29.8 / 11.3 bp
    At $10k entering Paragon costs 29.8 bp, fee and slippage, 2.6× BingX’s.
  • Note: Margin at max leverage$1,000 + —
    Paragon 10x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 8h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$0.47Long Paragon: 24 payments, −$10.10; short BingX: 3 payments, +$9.63.
  • Watch: Prices read 50 s apart+0.244% vs +0.064%
    Part of this gap may be the market moving.
  • Watch: Long leg is thinner$297K vs $998K OI
    Paragon sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCParagon No · BingX Yes
    Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0193%/8h × 21 periods−$40.50
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$65.73
Fee Paragon bp × 2 orders−$1.80
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$118.03
price spread not counted: prices read too far apart
Costs to cover0.775%Break-evennever at this rate
Slippage: Paragon: live order book, 56 min ago; BingX: live order book, 13 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGParagon28.7829.8 bp−$3091.4 bp−$914doesn’t fitdoesn’t fit
SELL · SHORTBingX1.2211.3 bp−$1128.4 bp−$284230.2 bp−$23.0K1058.0 bp−$529.0K

Closing costs about the same again.

Alert

SMCI news

posts that mention SMCI, from every exchangeSearch all news →
09-25 19:03ParagonOtherSupermicro showed an H14 PCIe GPU system built for AMD Instinct MI350P in Taipei. $SMCI trades 24/7 on Hyperliquid. Up to 10x leverage. Trade now on Hyperliquid: @tradeparagon on X ↗
09-25 14:38ParagonOther$TREAD led Paragon markets over the last 24h at +40.63%, with $SMCI +7.48%, $ANSEM +7.43% and $CRDO +7.06% rounding out the top of the board. @tradeparagon on X ↗
09-25 00:50InjectiveTokenThe Injective Stockdrop officially starts next week. Anyone who participated in the $INJ BuyBack yesterday will be eligible to earn a stock token on Robinhood Chain. Here are just a few of the tokenized stocks that you could get: $AMC $SNAP $GLXY $HIMS $SMCI $RKLB $CRCL $INTC $MSTR $SPCX $COIN $NVDA $AAPL $TSLA $META $MU $SNDK More ▇▇▇▇ and ▇▇ @injective on X ↗
09-17 17:43ParagonOther$TREAD led Paragon markets over the past 24h at +25.99%, ahead of $SMCI at +10.56% and $ANSEM at +9.29%, with $UNITREE up 6.50%. @tradeparagon on X ↗
09-17 11:29BloFinListingBloFin Futures will list the $TQQQ-USDT, $SQQQ-USDT, $RDDT-USDT, $CRWD-USDT, and $SMCI-USDT Perpetual Contracts 🫡 Trade to take advantage of: ✅ 0% Maker Fees ✅ 50% off Taker Fees @BloFin_Official on X ↗