Settings8H · net · $10k
Funding arb · Price arb /

TREAD

RWAall TREAD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0062%/8h= +6.8% APRnext payment +$0.08 per $10,000 · paid last 24h 0.000%
Price spread now: Paragon against MEXC+0.068%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Paragon is 0.068% dearer against MEXC than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC TREAD_USDT0.48320.2832pay 0.0354% / 1h49m 31s$16K$86K20x
ShortParagon para:TREAD0.48350.2894get 0.0362% / 1h49m 31s$295K$156K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paragon against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$13.06
Price spread: +0.068% → 0.000%
$6.83
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Paragon: 5 bp × 2 orders
−$10
Net
$5.89
Costs to cover
0.140%
Break-even
3.8 days
Slippage unknown: MEXC: no order-book sample; Paragon: live order book, 56 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC no order-book sample
Sell Paragon live order book, 56 min ago42.15 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
MEXC: 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.

TREAD on 2 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC TREAD_USDTlong+0.2832%1h0.4832long leg$16K$86K20x
Paragon para:TREADshort+0.2894%1h0.4835+0.068%$295K$156K5x