Funding you earn now, next payment 07:00 UTC−0.0305%/8h= −33.4% APRnext payment −$0.38 per $10,000 · paid last 24h −0.070%
Price spread now: Lighter RH against Phoenix−0.515%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.025%−$2 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Lighter RH is 0.515% cheaper against Phoenix than usual: you would sell low and buy high (−$52 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.025% in total (about -1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.38 per $10,000. 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 | Phoenix ANSEM | 0.1805 | 0.0401 | pay 0.0050% / 1h | 48m 56s | $78K | $41K | 3x |
| Short | Lighter RH ANSEM | 0.1795 | 0.0096 | get 0.0012% / 1h | 48m 56s | $52K | $267K | 3x |
Phoenix ANSEM
Lighter RH ANSEMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- −$64.13
- Price spread: −0.515% → 0.000%
- −$51.53
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$122.65
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; Lighter RH: live order book, 53 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 Lighter RH live order book, 53 min ago | 25.10 bp | 209.1 bp −$209 | 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC ANSEM_USDT | −0.0244% | 4h | 0.1779 | −1.430% | $934K | $446K | 20x | as long as short |
| BingX ANSEM-USDT | −0.0170% | 4h | 0.1785 | −1.097% | — | $734K | — | as long as short |
| Lighter ANSEM | +0.0096% | 1h | 0.1801 | −0.194% | $341K | $368K | 3x | as long as short |
| Lighter RH ANSEMshort | +0.0096% | 1h | 0.1795 | −0.515% | $52K | $267K | 3x | |
| Aster ANSEMUSDT | +0.0100% | 1h | 0.1803 | −0.122% | $259K | $456K | 10x | as long as short |
| Gate ANSEM_USDT | +0.0100% | 4h | 0.1802 | −0.155% | $42K | $87K | 10x | as long as short |
| Phoenix ANSEMlong | +0.0401% | 1h | 0.1805 | long leg | $78K | $41K | 3x | |
| Paragon para:ANSEM | +0.2344% | 1h | 0.1800 | −0.277% | $1.6M | $1.4M | 3x | as long as short |
MEXC ANSEM_USDT
BingX ANSEM-USDT
Lighter ANSEM
Aster ANSEMUSDT
Gate ANSEM_USDT
Paragon para:ANSEM