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

ANSEM

RWAall ANSEM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.3046%/8h= −333.5% APRnext payment $3.81 per $10,000 · paid last 24h −0.367%
Price spread now: Lighter against Paragon+0.601%7-day average +0.573% · 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 7 days−0.642%−$64 on $10k
Price spread, last 4 days (all we have)−0.215%−$21 · spread now +0.601%, 7d avg +0.573%
Together, before fees−0.857%+ Points / potential airdropLighter: Season 3 · farm board−$86 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.027% dearer against Paragon than usual: you sell high and buy low (spread +0.601% now, against its 7-day average of +0.573%): +$3 on $10k if it goes back. Holding the pair costs −$91 a day in funding at the current rate, which eats that in about under an hour. At the pace of the last 7 days (−0.642% in total) that is about 7 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.642% in total (about -33.5% a year). A funding rate is set anew for every payment; at this rate the next one is about $3.81 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParagon para:ANSEM0.16980.3142pay 0.0393% / 1h6m 23s$1.5M$1.4M3x
ShortLighter ANSEM0.17080.0096get 0.0012% / 1h6m 23s$324K$372K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Paragon. 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
−$639.56
Price spread: +0.601% → +0.573%
$2.75
Slippage, 4 orders
no order book: not counted
Fee Paragon: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$646.82
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Paragon: live order book, 1 min ago; Lighter: live order book, 14 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 Paragon live order book, 1 min ago45.73 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 14 min ago95.33 bp254.0 bp −$254doesn'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
MEXC ANSEM_USDT−0.0244%4h0.1699+0.059%$899K$459K20xas long as short
BingX ANSEM-USDT−0.0170%4h0.1708+0.589%$733Kas long as short
Lighter ANSEMshort+0.0096%1h0.1708+0.601%$324K$372K3x
Lighter RH ANSEM+0.0096%1h0.1702+0.230%$47K$272K3xas long as short
Aster ANSEMUSDT+0.0100%1h0.1704+0.330%$244K$471K10xas long as short
Gate ANSEM_USDT+0.0100%4h0.1694−0.236%$40K$87K10xas long as short
Phoenix ANSEM+0.0401%1h0.1764+3.893%$77K$41K3xas long as short
Paragon para:ANSEMlong+0.3142%1h0.1698long leg$1.5M$1.4M3x