Funding you earn now, next payment 10:00 UTC−0.0187%/8h= −20.5% APRpaid last 24h −0.076%
Price spread now: Bitget against Paragon−0.030%46s7-day average −0.105% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$870.870% of the position
Funding, last 7 days−0.155%−$15 on $10k
+Price spread, last 4 days (all we have)+0.058%+$6 · spread now −0.030%, 7d avg −0.105%
=The price spread pays, funding is against you. Bitget is 0.074% dearer against Paragon than usual: you sell high and buy low (spread −0.030% now, against its 7-day average of −0.105%): +$7 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 32 hours. At the pace of the last 7 days (−0.155% in total) that is about 3.4 days. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paragon para:STX | 863.88 | 0.0187 | pay 0.0023% / 1h | 20m 03s | $171K | $52K | 10x |
| Short | Bitget STXSTOCKUSDT | 863.62 | 0 | get 0.0000% / 8h | 6h 20m | $123K | $768K | 20x |
Paragon para:STX
Bitget STXSTOCKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$39.29
- Price spread: −0.030% → −0.105%
- $7.45
- Slippage, 4 orders
- −$64.96
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$118.81
- Costs to cover
- 0.870%
- Break-even
- never at this rate
Slippage from Paragon: live order book, 22 min ago; Bitget: live order book, 28 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 Paragon live order book, 22 min ago | 4.81 bp | 9.8 bp −$10 | 35.8 bp −$358 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 28 min ago | 3.25 bp | 23.1 bp −$23 | 77.7 bp −$777 | doesn't fit | doesn't fit |
STX on 3 exchanges
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 | 865.77 | +0.219% | $2.5M | $155K | 100x | as long as short |
| Bitget STXSTOCKUSDTshort | 0.0000% | 8h | 863.62 | −0.030% | $123K | $768K | 20x | |
| Paragon para:STXlong | +0.0187% | 1h | 863.88 | long leg | $171K | $52K | 10x |
MEXC STXSTOCK_USDT