Funding you earn now, next payment 12:00 UTC+0.2132%/8h= +233.5% APRnext payment +$2.67 per $10,000 · paid last 24h +0.408%
Price spread now: Paragon against Lighter−0.411%7-day average −0.561% · you buy dearer than you sell
Net, funding: paid 7d − costs−$579as in the Funding arb table
Net, price: spread back to 7d avg − costs−$662as in the Price arb table
costs, in and out, $10k−$6776.773% of the position
Funding, last 7 days+0.983%+$98 on $10k
+Price spread, last 4 days (all we have)+0.332%+$33 · spread now −0.411%, 7d avg −0.561%
=Together, before fees+1.315%+ Points / potential airdropLighter: Season 3 · farm board+$131 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$64 a day on $10k at the current rate, and Paragon is 0.150% dearer against Lighter than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.561%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.983% in total (about 51.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.67 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ANSEM | 0.1751 | 0.0096 | pay 0.0012% / 1h | 53m 15s | $336K | $315K | 3x |
| Short | Paragon para:ANSEM | 0.1743 | 0.2228 | get 0.0279% / 1h | 53m 15s | $1.5M | $1.3M | 3x |
Lighter ANSEM
Paragon para:ANSEMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon against Lighter. 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
- $447.81
- Price spread: −0.411% → −0.561%
- $14.99
- Slippage, 4 orders
- −$667.26
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- −$214.45
- Costs to cover
- 6.773%
- Break-even
- 10.4 days
Slippage from Lighter: live order book, 44 min ago; Paragon: live order book, 7 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 Lighter live order book, 44 min ago | 68.03 bp | 131.0 bp −$131 | doesn't fit | doesn't fit | doesn't fit |
| Sell Paragon live order book, 7 min ago | 49.16 bp | 113.5 bp −$114 | doesn't fit | doesn't fit | doesn't fit |
ANSEM on 8 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 ANSEM_USDT | −0.0262% | 4h | 0.1743 | −0.434% | $907K | $406K | 20x | as long as short |
| BingX ANSEM-USDT | −0.0184% | 4h | 0.1752 | +0.080% | — | $735K | — | as long as short |
| Lighter ANSEMlong | +0.0096% | 1h | 0.1751 | long leg | $336K | $315K | 3x | |
| Lighter RH ANSEM | +0.0096% | 1h | 0.1743 | −0.434% | $50K | $240K | 3x | as long as short |
| Aster ANSEMUSDT | +0.0100% | 1h | 0.1730 | −1.149% | $248K | $425K | 10x | as long as short |
| Gate ANSEM_USDT | +0.0100% | 4h | 0.1739 | −0.663% | $41K | $77K | 10x | as long as short |
| Phoenix ANSEM | +0.0504% | 1h | 0.1747 | −0.217% | $83K | $38K | 3x | as long as short |
| Paragon para:ANSEMshort | +0.2228% | 1h | 0.1743 | −0.411% | $1.5M | $1.3M | 3x |
MEXC ANSEM_USDT
BingX ANSEM-USDT
Lighter RH ANSEM
Aster ANSEMUSDT
Gate ANSEM_USDT
Phoenix ANSEM