Funding you earn now, next payment 00:00 UTC+0.0105%/8h= +11.5% APRpaid last 24h +0.009%
Price spread now: BingX against Phoenix+0.178%79s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.167%+$17 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.178% dearer against Phoenix than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix ANSEM | 0.1633 | 0.0295 | pay 0.0037% / 1h | 2m 00s | $69K | $35K | 3x |
| Short | BingX ANSEM-USDT | 0.1636 | 0.0400 | get 0.0200% / 4h | 3h 02m | — | $729K | — |
Phoenix ANSEM
BingX ANSEM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Phoenix. 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
- $22.03
- Price spread: +0.178% → 0.000%
- $17.76
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $22.79
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Phoenix: no order-book sample; BingX: live order book, 12 min ago. Net counts fees only.
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 Phoenix no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 12 min ago | 51.88 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
Phoenix: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:ANSEM | −0.0529% | 1h | 0.1621 | −0.740% | $1.2M | $834K | 3x | as long as short |
| Lighter ANSEM | +0.0096% | 1h | 0.1635 | +0.116% | $313K | $265K | 3x | as long as short |
| Lighter RH ANSEM | +0.0096% | 1h | 0.1618 | −0.900% | $43K | $179K | 3x | as long as short |
| Aster ANSEMUSDT | +0.0100% | 1h | 0.1622 | −0.692% | $207K | $339K | 10x | as long as short |
| Gate ANSEM_USDT | +0.0100% | 4h | 0.1620 | −0.802% | $38K | $73K | 10x | as long as short |
| Phoenix ANSEMlong | +0.0295% | 1h | 0.1633 | long leg | $69K | $35K | 3x | |
| MEXC ANSEM_USDT | +0.0400% | 4h | 0.1632 | −0.067% | $877K | $402K | 20x | as long as short |
| BingX ANSEM-USDTshort | +0.0400% | 4h | 0.1636 | +0.178% | — | $729K | — |
Paragon para:ANSEM
Lighter ANSEM
Lighter RH ANSEM
Aster ANSEMUSDT
Gate ANSEM_USDT
MEXC ANSEM_USDT