Funding you earn now, next payment 02:00 UTC+0.7698%/8h= +843.0% APRnext payment +$9.62 per $10,000 · paid last 24h +0.300%
Price spread now: Paragon against Phoenix+0.299%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+2.025%+$203 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 +$231 a day on $10k at the current rate, and Paragon is 0.299% dearer against Phoenix than usual: you sell high and buy low: +$30 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 2.025% in total (about 105.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.62 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 | 0.1649 | 0.0304 | pay 0.0038% / 1h | 1m 23s | $70K | $37K | 3x |
| Short | Paragon para:ANSEM | 0.1654 | 0.8003 | get 0.1000% / 1h | 1m 23s | $1.4M | $1.4M | 3x |
Phoenix ANSEM
Paragon para:ANSEMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon 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
- $1,616.67
- Price spread: +0.299% → 0.000%
- $29.9
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- $1,629.57
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Phoenix: no order-book sample; Paragon: live order book, 6 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 Paragon live order book, 6 min ago | 54.66 bp | 90.3 bp −$90 | 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 | 0.1646 | −0.182% | $44K | $82K | 10x | as long as short |
| Lighter RH ANSEM | +0.0224% | 1h | 0.1642 | −0.424% | $43K | $240K | 3x | as long as short |
| Phoenix ANSEMlong | +0.0304% | 1h | 0.1649 | long leg | $70K | $37K | 3x | |
| MEXC ANSEM_USDT | +0.0400% | 4h | 0.1652 | +0.182% | $873K | $433K | 20x | as long as short |
| BingX ANSEM-USDT | +0.0400% | 4h | 0.1649 | 0.000% | — | $723K | — | as long as short |
| Aster ANSEMUSDT | +0.1122% | 1h | 0.1658 | +0.538% | $247K | $444K | 10x | as long as short |
| Lighter ANSEM | +0.2672% | 1h | 0.1650 | +0.061% | $321K | $338K | 3x | as long as short |
| Paragon para:ANSEMshort | +0.8003% | 1h | 0.1654 | +0.299% | $1.4M | $1.4M | 3x |
Gate ANSEM_USDT
Lighter RH ANSEM
MEXC ANSEM_USDT
BingX ANSEM-USDT
Aster ANSEMUSDT
Lighter ANSEM