Funding you earn now, next payment 02:00 UTC+0.2776%/8h= +303.9% APRnext payment +$3.47 per $10,000 · paid last 24h −0.051%
Price spread now: Lighter against Phoenix+1.386%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.564%+$156 on $10k
+Price spread, last 7 days—no 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 +$83 a day on $10k at the current rate, and Lighter is 1.386% dearer against Phoenix than usual: you sell high and buy low: +$139 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 1.564% in total (about 81.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.47 per $10,000. 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 | Phoenix ANSEM | 0.1566 | 0.0304 | pay 0.0038% / 1h | 28m 16s | $66K | $37K | 3x |
| Short | Lighter ANSEM | 0.1588 | 0.3080 | get 0.0385% / 1h | 28m 16s | $308K | $327K | 3x |
Phoenix ANSEM
Lighter ANSEMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $582.89
- Price spread: +1.386% → 0.000%
- $138.55
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $714.45
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Phoenix: no order-book sample; Lighter: live order book, 26 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 Lighter live order book, 26 min ago | 55.73 bp | 183.7 bp −$184 | 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 | 0.1565 | −0.077% | $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 | 0.1589 | +1.456% | $851K | $429K | 20x | as long as short |
| BingX ANSEM-USDT | +0.0400% | 4h | 0.1590 | +1.520% | — | $724K | — | as long as short |
| Lighter RH ANSEM | +0.0616% | 1h | 0.1582 | +1.022% | $45K | $232K | 3x | as long as short |
| Aster ANSEMUSDT | +0.0862% | 1h | 0.1573 | +0.434% | $235K | $453K | 10x | as long as short |
| Lighter ANSEMshort | +0.3080% | 1h | 0.1588 | +1.386% | $308K | $327K | 3x | |
| Paragon para:ANSEM | +0.8677% | 1h | 0.1571 | +0.332% | $1.4M | $1.4M | 3x | as long as short |
Gate ANSEM_USDT
MEXC ANSEM_USDT
BingX ANSEM-USDT
Lighter RH ANSEM
Aster ANSEMUSDT
Paragon para:ANSEM