Settings8H · net · $10k
Funding arb · Price arb /

TREAD

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0044%/8h= −4.8% APRnext payment $0.05 per $10,000 · paid last 24h 0.000%
Price spread now: Paragon against MEXC+0.108%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Paragon is 0.108% dearer against MEXC than usual: you sell high and buy low (spread +0.108% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC TREAD_USDT0.48260.5456pay 0.0682% / 1h57m 06s$16K$85K20x
ShortParagon para:TREAD0.48310.5412get 0.0677% / 1h57m 06s$294K$143K5x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$9.17
Price spread: +0.108% → 0.000%
$10.82
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Paragon: 5 bp × 2 orders
−$10
Net
−$12.35
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: MEXC: no order-book sample; Paragon: live order book, 38 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC no order-book sample
Sell Paragon live order book, 38 min ago38.90 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
MEXC: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

TREAD on 2 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paragon para:TREADshort+0.5412%1h0.4831+0.108%$294K$143K5x
MEXC TREAD_USDTlong+0.5456%1h0.4826long leg$16K$85K20x