Funding you earn now, next payment 09:00 UTC+0.2162%/8h= +236.8% APRpaid last 24h +0.214%
Price spread now: Paragon against GRVT−0.340%47s7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$643as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$6886.878% of the position
Funding, last 7 days+0.444%+$44 on $10k
+Price spread, last 4 days (all we have)+0.107%+$11 · spread now −0.340%, 7d avg −0.022%
=Together, before fees+0.550%+ Points / potential airdropGRVT: Active · farm board+$55 on $10k · with fees, hour by hour
Funding pays, the price is against you. Paragon is 0.317% cheaper against GRVT than usual: you would sell low and buy high (spread −0.340% now, against its 7-day average of −0.022%). If the spread goes back, that is −$32 on $10k: about 12 hours of funding at the current rate (+$65 a day). At the pace of the last 7 days (+0.444% in total) that is about 5.0 days. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.444% in total (about 23.1% a year). A funding rate is set anew for every payment. 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 | GRVT CRDO_USDT_Perp | 181.52 | −0.1115 | get 0.1115% / 8h | 7h 29m | $427 | $132K | 10x |
| Short | Paragon para:CRDO | 180.90 | 0.1047 | get 0.0131% / 1h | 29m 51s | $1.2M | $482K | 10x |
GRVT CRDO_USDT_Perp
Paragon para:CRDOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon against GRVT. 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
- $454.08
- Price spread: −0.340% → −0.022%
- −$31.74
- Slippage, 4 orders
- −$668.83
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- −$265.5
- Costs to cover
- 6.878%
- Break-even
- 11.1 days
Slippage from GRVT: live order book, 63 min ago; Paragon: live order book, 6 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 GRVT live order book, 63 min ago | 2.46 bp | 607.0 bp −$607 | doesn't fit | doesn't fit | doesn't fit |
| Sell Paragon live order book, 6 min ago | 6.88 bp | 26.6 bp −$27 | 41.0 bp −$410 | doesn't fit | doesn't fit |
CRDO on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT CRDO_USDT_Perplong | −0.1115% | 8h | 181.52 | long leg | $427 | $132K | 10x | |
| Bitget CRDOUSDT | −0.0910% | 8h | 180.75 | −0.424% | $1.7M | $1.9M | 20x | as long as short |
| QFEX CRDO-USD | −0.0028% | 1h | 180.71 | −0.446% | $1.1M | $2.3M | 10x | as long as short |
| Aster CRDOUSDT | 0.0000% | 8h | 181.37 | −0.082% | $36K | $11K | 20x | as long as short |
| Binance CRDOUSDT | 0.0000% | 8h | 180.90 | −0.339% | $4.0M | $9.6M | 20x | as long as short |
| Bybit CRDOUSDT | 0.0000% | 8h | 180.90 | −0.342% | $679K | $727K | 25x | as long as short |
| OKX CRDO-USDT-SWAP | 0.0000% | 8h | 180.89 | −0.347% | $897K | $1.7M | 20x | as long as short |
| Gate CRDO_USDT | 0.0000% | 8h | 180.84 | −0.375% | $621K | $138K | 20x | as long as short |
| Variational Omni CRDO | 0.0000% | 8h | 180.96 | −0.311% | $197K | $131K | — | as long as short |
| SunX CRDO-USDT | 0.0000% | 8h | 180.63 | −0.490% | $970 | $430K | 10x | as long as short |
Bitget CRDOUSDT
QFEX CRDO-USD
Aster CRDOUSDT
Binance CRDOUSDT
Bybit CRDOUSDT
OKX CRDO-USDT-SWAP
Gate CRDO_USDT
Variational Omni CRDO
SunX CRDO-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CRDO-USDT | 0.0000% | 8h | 180.79 | −0.402% | $8K | $42K | 20x | as long as short |
| Extended CRDO_24_5-USD | +0.0040% | 1h | 180.69 | −0.460% | $1K | — | 5x | as long as short |
| Vest CRDO-USD-PERP | +0.0046% | 1h | 180.76 | −0.419% | — | — | 5x | as long as short |
| KuCoin CRDOUSDTM | +0.0100% | 8h | 181.02 | −0.275% | $191K | $845K | 20x | as long as short |
| Paragon para:CRDOshort | +0.1047% | 1h | 180.90 | −0.340% | $1.2M | $482K | 10x |
HTX CRDO-USDT
Extended CRDO_24_5-USD
Vest CRDO-USD-PERP
KuCoin CRDOUSDTM