Funding you earn now, next payment 00:00 UTC+0.0105%/8h= +11.5% APRpaid last 24h +0.005%
Price spread now: MEXC against Phoenix+1.335%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.070%+$7 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 MEXC is 1.335% dearer against Phoenix than usual: you sell high and buy low: +$133 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix ANSEM | 0.1610 | 0.0295 | pay 0.0037% / 1h | 47m 21s | $66K | $35K | 3x |
| Short | MEXC ANSEM_USDT | 0.1632 | 0.0400 | get 0.0200% / 4h | 3h 47m | $876K | $396K | 20x |
Phoenix ANSEM
MEXC ANSEM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +1.335% → 0.000%
- $133.5
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $144.53
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Phoenix: no order-book sample; MEXC: live order book, 22 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 MEXC live order book, 22 min ago | 24.45 bp | 272.0 bp −$272 | 911.3 bp −$9,113 | 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 | −0.0187% | 1h | 0.1609 | −0.121% | $1.2M | $844K | 3x | as long as short |
| Lighter ANSEM | +0.0096% | 1h | 0.1627 | +1.012% | $309K | $261K | 3x | as long as short |
| Lighter RH ANSEM | +0.0096% | 1h | 0.1606 | −0.273% | $41K | $178K | 3x | as long as short |
| Aster ANSEMUSDT | +0.0100% | 1h | 0.1610 | −0.025% | $206K | $341K | 10x | as long as short |
| Gate ANSEM_USDT | +0.0100% | 4h | 0.1606 | −0.279% | $38K | $73K | 10x | as long as short |
| Phoenix ANSEMlong | +0.0295% | 1h | 0.1610 | long leg | $66K | $35K | 3x | |
| MEXC ANSEM_USDTshort | +0.0400% | 4h | 0.1632 | +1.335% | $876K | $396K | 20x | |
| BingX ANSEM-USDT | +0.0400% | 4h | 0.1633 | +1.397% | — | $729K | — | as long as short |
Paragon para:ANSEM
Lighter ANSEM
Lighter RH ANSEM
Aster ANSEMUSDT
Gate ANSEM_USDT
BingX ANSEM-USDT