Funding you earn now, next payment 04:00 UTC−0.4457%/8h= −488.0% APRpaid last 24h −0.375%
Price spread now: MEXC against Paragon−0.075%7-day average +0.729% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,010as in the Funding arb table
Net, price: spread back to 7d avg − costs−$886as in the Price arb table
costs, in and out, $10k−$8058.052% of the position
Funding, last 7 days−2.053%−$205 on $10k
+Price spread, last 4 days (all we have)−1.221%−$122 · spread now −0.075%, 7d avg +0.729%
=Both sides work against this trade now: funding costs −$134 a day on $10k at the current rate, and MEXC is 0.803% cheaper against Paragon than usual: you would sell low and buy high (−$80 if the spread goes back to its 7-day average of +0.729%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -2.053% in total (about -107.0% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paragon para:ANSEM | 0.1713 | 0.4857 | pay 0.0607% / 1h | 8m 21s | $1.5M | $1.4M | 3x |
| Short | MEXC ANSEM_USDT | 0.1712 | 0.0400 | get 0.0200% / 4h | 8m 21s | $893K | $438K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Paragon. 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
- −$935.95
- Price spread: −0.075% → +0.729%
- −$80.34
- Slippage, 4 orders
- −$791.23
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$1,821.52
- Costs to cover
- 8.052%
- Break-even
- never at this rate
Slippage from Paragon: live order book, 8 min ago; MEXC: live order book, 42 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 Paragon live order book, 8 min ago | 56.09 bp | 152.4 bp −$152 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 42 min ago | 29.85 bp | 315.3 bp −$315 | 1124.6 bp −$11.2K | doesn't fit | doesn't fit |
ANSEM on 8 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter ANSEM | +0.0096% | 1h | 0.1720 | +0.404% | $327K | $351K | 3x | as long as short |
| Lighter RH ANSEM | +0.0096% | 1h | 0.1715 | +0.083% | $46K | $258K | 3x | as long as short |
| Aster ANSEMUSDT | +0.0100% | 1h | 0.1715 | +0.076% | $256K | $442K | 10x | as long as short |
| Gate ANSEM_USDT | +0.0100% | 4h | 0.1710 | −0.191% | $44K | $83K | 10x | as long as short |
| Phoenix ANSEM | +0.0191% | 1h | 0.1717 | +0.200% | $75K | $37K | 3x | as long as short |
| MEXC ANSEM_USDTshort | +0.0400% | 4h | 0.1712 | −0.075% | $893K | $438K | 20x | |
| BingX ANSEM-USDT | +0.0400% | 4h | 0.1714 | +0.042% | — | $724K | — | as long as short |
| Paragon para:ANSEMlong | +0.4857% | 1h | 0.1713 | long leg | $1.5M | $1.4M | 3x |
Paragon para:ANSEM
MEXC ANSEM_USDT
Lighter ANSEM
Lighter RH ANSEM
Aster ANSEMUSDT
Gate ANSEM_USDT
Phoenix ANSEM
BingX ANSEM-USDT