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

ANSEM

RWAall ANSEM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0376%/8h= +41.2% APRpaid last 24h −0.069%
Price spread now: Lighter RH against MEXC−0.037%7-day average −0.656% · you buy dearer than you sell
Net, funding: paid 7d − costs−$834as in the Funding arb table
Net, price: spread back to 7d avg − costs−$764as in the Price arb table
costs, in and out, $10k−$8268.257% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.084%−$8 on $10k
Price spread, last 4 days (all we have)+0.136%+$14 · spread now −0.037%, 7d avg −0.656%
Together, before fees+0.052%+ Points / potential airdropLighter RH: Points live · farm board+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Lighter RH is 0.619% dearer against MEXC than usual: you sell high and buy low: +$62 more if the spread goes back to its 7-day average of −0.656%. Mind the row above: over the last 7 days funding on this pair cost −0.084%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.084% in total (about -4.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ANSEM_USDT0.16150.0400pay 0.0200% / 4h1h 49m$857K$425K20x
ShortLighter RH ANSEM0.16140.0776get 0.0097% / 1h49m 08s$45K$230K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH 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
$78.96
Price spread: −0.037% → −0.656%
$61.92
Slippage, 4 orders
−$821.68
Fee MEXC: 2 bp × 2 orders
−$4
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$684.8
Costs to cover
8.257%
Break-even
67.7 days
Slippage from MEXC: live order book, 7 min ago; Lighter RH: live order book, 13 min ago.

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 live order book, 7 min ago30.58 bp178.6 bp −$179875.5 bp −$8,755doesn't fitdoesn't fit
Sell Lighter RH live order book, 13 min ago10.45 bp140.4 bp −$140doesn't fitdoesn't fitdoesn't fit

ANSEM on 8 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
Gate ANSEM_USDT+0.0100%4h0.1599−0.991%$44K$79K10xas long as short
Phoenix ANSEM+0.0304%1h0.1599−1.009%$67K$37K3xas long as short
MEXC ANSEM_USDTlong+0.0400%4h0.1615long leg$857K$425K20x
BingX ANSEM-USDT+0.0400%4h0.1619+0.248%$729Kas long as short
Aster ANSEMUSDT+0.0429%1h0.1604−0.687%$239K$451K10xas long as short
Lighter RH ANSEMshort+0.0776%1h0.1614−0.037%$45K$230K3x
Lighter ANSEM+0.5384%1h0.1616+0.043%$313K$321K3xas long as short
Paragon para:ANSEM+1.1324%1h0.1616+0.087%$1.4M$1.4M3xas long as short