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

ANSEM

RWAall ANSEM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h +0.019%
Price spread now: Phoenix against Lighter+0.061%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 7 days−1.593%−$159 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Phoenix is 0.061% dearer against Lighter than usual: you sell high and buy low: +$6 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 −1.593%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter ANSEM0.18050.0304pay 0.0038% / 1h3m 11s$342K$367K3x
ShortPhoenix ANSEM0.18060.0320get 0.0040% / 1h3m 11s$79K$40K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix against Lighter. 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
$3.39
Price spread: +0.061% → 0.000%
$6.09
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$2.49
Costs to cover
0.070%
Break-even
1.9 days
Slippage unknown: Lighter: live order book, 27 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 27 min ago52.08 bp111.0 bp −$111doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ANSEM_USDT−0.0258%4h0.1792−0.709%$922K$454K20xas long as short
BingX ANSEM-USDT−0.0180%4h0.1792−0.709%$724Kas long as short
Lighter RH ANSEM+0.0096%1h0.1800−0.271%$52K$268K3xas long as short
Aster ANSEMUSDT+0.0100%1h0.1806+0.078%$260K$454K10xas long as short
Gate ANSEM_USDT+0.0100%4h0.1803−0.100%$42K$87K10xas long as short
Lighter ANSEMlong+0.0304%1h0.1805long leg$342K$367K3x
Phoenix ANSEMshort+0.0320%1h0.1806+0.061%$79K$40K3x
Paragon para:ANSEM+0.2979%1h0.1815+0.587%$1.6M$1.4M3xas long as short