Funding you earn now, next payment 06:00 UTC+0.0525%/8h= +57.5% APRpaid last 24h +0.018%
Price spread now: Phoenix against BingX+0.446%94s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.132%−$13 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 +$16 a day on $10k at the current rate, and Phoenix is 0.446% dearer against BingX than usual: you sell high and buy low: +$45 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.132%, so the current rate has only just turned in your favour. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.132% in total (about -6.9% a year). A funding rate is set anew for every payment. 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 | BingX ANSEM-USDT | 0.1792 | −0.0170 | get 0.0085% / 4h | 1h 49m | — | $727K | — |
| Short | Phoenix ANSEM | 0.1800 | 0.0355 | get 0.0044% / 1h | 49m 41s | $78K | $41K | 3x |
BingX ANSEM-USDT
Phoenix ANSEMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against BingX. 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
- $110.29
- Price spread: +0.446% → 0.000%
- $44.64
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $137.93
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: BingX: live order book, 24 min ago; Phoenix: no order-book sample. 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 BingX live order book, 24 min ago | 50.70 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
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 | 0.1787 | −0.279% | $919K | $441K | 20x | as long as short |
| BingX ANSEM-USDTlong | −0.0170% | 4h | 0.1792 | long leg | — | $727K | — | |
| Lighter RH ANSEM | +0.0096% | 1h | 0.1790 | −0.084% | $52K | $270K | 3x | as long as short |
| Aster ANSEMUSDT | +0.0100% | 1h | 0.1794 | +0.098% | $258K | $453K | 10x | as long as short |
| Gate ANSEM_USDT | +0.0100% | 4h | 0.1794 | +0.112% | $42K | $86K | 10x | as long as short |
| Phoenix ANSEMshort | +0.0355% | 1h | 0.1800 | +0.446% | $78K | $41K | 3x | |
| Lighter ANSEM | +0.0784% | 1h | 0.1796 | +0.212% | $340K | $368K | 3x | as long as short |
| Paragon para:ANSEM | +0.6580% | 1h | 0.1798 | +0.318% | $1.6M | $1.4M | 3x | as long as short |
MEXC ANSEM_USDT
Lighter RH ANSEM
Aster ANSEMUSDT
Gate ANSEM_USDT
Lighter ANSEM
Paragon para:ANSEM