Funding you earn now, next payment 01:00 UTC+0.0299%/8h= +32.7% APRpaid last 24h +0.065%
Price spread now: Paragon against Bitget+0.089%7-day average +0.098% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$950.950% of the position
Funding, last 7 days+0.107%+$11 on $10k
+Price spread, last 4 days (all we have)−0.063%−$6 · spread now +0.089%, 7d avg +0.098%
=The price spread sits at its 7-day average of +0.098%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.107% in total (about 5.6% 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 | Bitget STXSTOCKUSDT | 881.26 | 0 | get 0.0000% / 8h | 7h 38m | $112K | $680K | 20x |
| Short | Paragon para:STX | 882.04 | 0.0299 | get 0.0037% / 1h | 38m 18s | $167K | $56K | 10x |
Bitget STXSTOCKUSDT
Paragon para:STXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon against Bitget. 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
- $62.72
- Price spread: +0.089% → +0.098%
- −$0.99
- Slippage, 4 orders
- −$72.97
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- −$33.24
- Costs to cover
- 0.950%
- Break-even
- 10.7 days
Slippage from Bitget: live order book, 32 min ago; Paragon: live order book, 17 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 Bitget live order book, 32 min ago | 3.93 bp | 17.2 bp −$17 | 60.6 bp −$606 | doesn't fit | doesn't fit |
| Sell Paragon live order book, 17 min ago | 5.61 bp | 38.2 bp −$38 | 54.5 bp −$545 | doesn't fit | doesn't fit |
STX on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC STXSTOCK_USDT | 0.0000% | 8h | 883.67 | +0.273% | $2.5M | $129K | 100x | as long as short |
| Bitget STXSTOCKUSDTlong | 0.0000% | 8h | 881.26 | long leg | $112K | $680K | 20x | |
| Paragon para:STXshort | +0.0299% | 1h | 882.04 | +0.089% | $167K | $56K | 10x |
MEXC STXSTOCK_USDT