Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 160.04 | +0.0296 | pay 0.0037% / 1h | 22m 57s | $3.9M | $3.8M | 10x | Long Paragon | |
| SHORT | 159.94 | 0 | 0.0000% / 8h | 22m 57s | $2.4M | $335K | 20x | Short MEXC |
Price gap−0.062%
Funding gap−0.0296% /8h
Funding costs $9 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$134−0.0296% /8h now · paid −1.338% over the last 7D
Price−$1spread −0.062% now, avg −0.050% → −0.013% if it goes back
Costs−$530.528% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.062%
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
/8hVST on 11 exchanges
lowest funding firstBefore you open
1 ok · 2 to watch- OK: Fits both order books10.9 / 12.0 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + $500Paragon 10x, MEXC 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$8.89Long Paragon: 24 payments, −$8.89; short MEXC: 3 payments, $0.00.
- Note: Gap at its usual level−0.062% vs −0.050%The price leg adds little either way.
- Note: Short leg is thinner$2.4M vs $3.9M OIBoth legs are deep; MEXC is the smaller one.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCParagon No · MEXC YesKYC before trading since Feb 2026; unverified accounts see market data only.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0637%/8h × 21 periods−$133.83
Price spread−0.062% → −0.050% (7d avg)−$1.28
Slippage, 4 orderslive order books−$50.98
Fee Paragon bp × 2 orders−$1.80
Fee MEXC bp × 2 orders$0.00
Net · 7 days · $10k−$187.90
Costs to cover0.528%Break-evennever at this rate
Slippage: Paragon: live order book, 11 min ago; MEXC: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGParagon2.8210.9 bp−$1122.4 bp−$224241.7 bp−$24.2Kdoesn’t fit
SELL · SHORTMEXC5.0112.0 bp−$12129.7 bp−$1,297213.4 bp−$21.3Kdoesn’t fit
Closing costs about the same again.
| 09-23 15:03 | Paragon | Other | A Vistra affiliate is supplying power into a Texas data-center build. $VST trades 24/7 on Hyperliquid. Up to 10x leverage. Trade now: @tradeparagon on X ↗ |

