Funding you earn now, next payment 02:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h +0.005%
Price spread now: BingX against Phoenix+1.711%49s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.161%+$16 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 +$3 a day on $10k at the current rate, and BingX is 1.711% dearer against Phoenix than usual: you sell high and buy low: +$171 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix ANSEM | 0.1566 | 0.0304 | pay 0.0038% / 1h | 30m 38s | $66K | $37K | 3x |
| Short | BingX ANSEM-USDT | 0.1593 | 0.0400 | get 0.0200% / 4h | 1h 30m | — | $727K | — |
Phoenix ANSEM
BingX ANSEM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Phoenix. 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
- $20.09
- Price spread: +1.711% → 0.000%
- $171.11
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $174.21
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Phoenix: no order-book sample; BingX: live order book, 28 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 28 min ago | 52.23 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ANSEM_USDT | +0.0100% | 4h | 0.1566 | −0.013% | $44K | $80K | 10x | as long as short |
| Phoenix ANSEMlong | +0.0304% | 1h | 0.1566 | long leg | $66K | $37K | 3x | |
| MEXC ANSEM_USDT | +0.0400% | 4h | 0.1585 | +1.200% | $848K | $429K | 20x | as long as short |
| BingX ANSEM-USDTshort | +0.0400% | 4h | 0.1593 | +1.711% | — | $727K | — | |
| Lighter RH ANSEM | +0.0696% | 1h | 0.1588 | +1.379% | $45K | $232K | 3x | as long as short |
| Aster ANSEMUSDT | +0.0725% | 1h | 0.1573 | +0.434% | $235K | $453K | 10x | as long as short |
| Lighter ANSEM | +0.3112% | 1h | 0.1592 | +1.647% | $309K | $326K | 3x | as long as short |
| Paragon para:ANSEM | +0.8706% | 1h | 0.1580 | +0.907% | $1.4M | $1.4M | 3x | as long as short |
Gate ANSEM_USDT
MEXC ANSEM_USDT
Lighter RH ANSEM
Aster ANSEMUSDT
Lighter ANSEM
Paragon para:ANSEM