Funding you earn now, next payment 05:00 UTC−0.2324%/8h= −254.4% APRnext payment −$2.90 per $10,000 · paid last 24h −0.435%
Price spread now: Lighter RH against Paragon−1.574%7-day average +0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs−$759as in the Funding arb table
Net, price: spread back to 7d avg − costs−$706as in the Price arb table
costs, in and out, $10k−$5405.404% of the position
Funding, last 7 days−2.185%−$218 on $10k
+Price spread, last 4 days (all we have)+1.589%+$159 · spread now −1.574%, 7d avg +0.082%
=Together, before fees−0.596%+ Points / potential airdropLighter RH: Points live · farm board−$60 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$70 a day on $10k at the current rate, and Lighter RH is 1.656% cheaper against Paragon than usual: you would sell low and buy high (−$166 if the spread goes back to its 7-day average of +0.082%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paragon para:ANSEM | 0.1751 | 0.2420 | pay 0.0302% / 1h | 39m 47s | $1.5M | $1.4M | 3x |
| Short | Lighter RH ANSEM | 0.1723 | 0.0096 | get 0.0012% / 1h | 39m 47s | $48K | $263K | 3x |
Paragon para:ANSEM
Lighter RH ANSEMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- −$487.94
- Price spread: −1.574% → +0.082%
- −$165.63
- Slippage, 4 orders
- −$530.37
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$1,193.94
- Costs to cover
- 5.404%
- Break-even
- never at this rate
Slippage from Paragon: live order book, 7 min ago; Lighter RH: live order book, 12 min ago.
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 live order book, 7 min ago | 51.99 bp | 113.9 bp −$114 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 12 min ago | 9.05 bp | 136.6 bp −$137 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0258% | 4h | 0.1720 | −1.757% | $867K | $442K | 20x | as long as short |
| BingX ANSEM-USDT | −0.0180% | 4h | 0.1717 | −1.928% | — | $729K | — | as long as short |
| Lighter ANSEM | +0.0096% | 1h | 0.1731 | −1.117% | $329K | $353K | 3x | as long as short |
| Lighter RH ANSEMshort | +0.0096% | 1h | 0.1723 | −1.574% | $48K | $263K | 3x | |
| Aster ANSEMUSDT | +0.0100% | 1h | 0.1733 | −1.006% | $256K | $446K | 10x | as long as short |
| Gate ANSEM_USDT | +0.0100% | 4h | 0.1743 | −0.443% | $44K | $84K | 10x | as long as short |
| Phoenix ANSEM | +0.0466% | 1h | 0.1716 | −1.985% | $75K | $39K | 3x | as long as short |
| Paragon para:ANSEMlong | +0.2420% | 1h | 0.1751 | long leg | $1.5M | $1.4M | 3x |
MEXC ANSEM_USDT
BingX ANSEM-USDT
Lighter ANSEM
Aster ANSEMUSDT
Gate ANSEM_USDT
Phoenix ANSEM