Funding you earn now, next payment 02:00 UTC−0.0089%/8h= −9.8% APRpaid last 24h +0.030%
Price spread now: KuCoin against Paragon+0.091%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−0.664%−$66 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. KuCoin is 0.091% dearer against Paragon than usual: you sell high and buy low (spread +0.091% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.4 days. At the pace of the last 7 days (−0.664% in total) that is about 23 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paragon para:CIEN | 372.55 | 0.0488 | pay 0.0061% / 1h | 59m 34s | $91K | $85K | 10x |
| Short | KuCoin CIENUSDTM | 372.89 | 0.0399 | get 0.0399% / 8h | 6h 59m | $99K | $170K | 20x |
Paragon para:CIEN
KuCoin CIENUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$18.75
- Price spread: +0.091% → 0.000%
- $9.13
- Slippage, 4 orders
- no order book: not counted
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$31.62
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Paragon: no order-book sample; KuCoin: live order book, 44 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 Paragon no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 44 min ago | 7.35 bp | 311.1 bp −$311 | doesn't fit | doesn't fit | doesn't fit |
Paragon: 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.
CIEN on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CIENUSDT | 0.0000% | 8h | 372.63 | +0.021% | $175K | $1.1M | 25x | as long as short |
| OKX CIEN-USDT-SWAP | 0.0000% | 8h | 372.22 | −0.089% | $133K | $219K | 20x | as long as short |
| Gate CIEN_USDT | 0.0000% | 8h | 372.20 | −0.094% | $305K | $37K | 20x | as long as short |
| Bitget CIENUSDT | 0.0000% | 8h | 372.84 | +0.078% | $92K | $221K | 20x | as long as short |
| QFEX CIEN-USD | +0.0080% | 1h | 372.45 | −0.027% | $1.1M | $4.7M | 10x | as long as short |
| SunX CIEN-USDT | +0.0100% | 8h | 372.99 | +0.118% | $1K | $929K | 10x | as long as short |
| HTX CIEN-USDT | +0.0100% | 8h | 377.22 | +1.254% | $9K | $41K | 10x | as long as short |
| Variational Omni CIEN | +0.0103% | 8h | 372.98 | +0.115% | $49K | $55K | — | as long as short |
| Binance CIENUSDT | +0.0184% | 8h | 372.70 | +0.041% | $539K | $1.2M | 20x | as long as short |
| KuCoin CIENUSDTMshort | +0.0399% | 8h | 372.89 | +0.091% | $99K | $170K | 20x |
Bybit CIENUSDT
OKX CIEN-USDT-SWAP
Gate CIEN_USDT
Bitget CIENUSDT
QFEX CIEN-USD
SunX CIEN-USDT
HTX CIEN-USDT
Variational Omni CIEN
Binance CIENUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:CIENlong | +0.0488% | 1h | 372.55 | long leg | $91K | $85K | 10x |