Funding you earn now, next payment 23:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h +0.125%
Price spread now: Paragon against MEXC+0.130%7-day average −0.150% · you sell dearer than you buy
Net, funding: paid 7d − costs−$206as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1571.567% of the position
Funding, last 7 days−0.492%−$49 on $10k
+Price spread, last 4 days (all we have)−0.633%−$63 · spread now +0.130%, 7d avg −0.150%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Paragon is 0.280% dearer against MEXC than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of −0.150%. Mind the row above: over the last 7 days funding on this pair cost −0.492%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC STXSTOCK_USDT | 876.33 | 0.0200 | pay 0.0200% / 8h | 1h 49m | $2.5M | $128K | 100x |
| Short | Paragon para:STX | 877.47 | 0.0220 | get 0.0027% / 1h | 49m 07s | $166K | $58K | 10x |
MEXC STXSTOCK_USDT
Paragon para:STXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon against MEXC. 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
- $4.16
- Price spread: +0.130% → −0.150%
- $28.01
- Slippage, 4 orders
- −$146.71
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- −$124.54
- Costs to cover
- 1.567%
- Break-even
- 216.8 days
Slippage from MEXC: live order book, 3 min ago; Paragon: live order book, 26 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 MEXC live order book, 3 min ago | 24.62 bp | 51.6 bp −$52 | 442.0 bp −$4,420 | 700.5 bp −$70.1K | doesn't fit |
| Sell Paragon live order book, 26 min ago | 7.18 bp | 41.3 bp −$41 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget STXSTOCKUSDT | 0.0000% | 8h | 876.49 | +0.018% | $109K | $812K | 20x | as long as short |
| MEXC STXSTOCK_USDTlong | +0.0200% | 8h | 876.33 | long leg | $2.5M | $128K | 100x | |
| Paragon para:STXshort | +0.0220% | 1h | 877.47 | +0.130% | $166K | $58K | 10x |
Bitget STXSTOCKUSDT