Funding you earn now, next payment 08:00 UTC+0.1189%/8h= +130.2% APRpaid last 24h +0.208%
Price spread now: Paragon against OKX+0.297%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$840.836% of the position
Funding, last 7 days+0.468%+$47 on $10k
+Price spread, last 7 days−0.431%−$43 · spread now +0.297%, 7d avg −0.022%
=Both sides work for this trade now. Funding pays +$36 a day on $10k at the current rate, and Paragon is 0.318% dearer against OKX than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of −0.022%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.468% in total (about 24.4% 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 | OKX CRDO-USDT-SWAP | 183.27 | 0 | get 0.0000% / 8h | 37m 32s | $914K | $1.7M | 20x |
| Short | Paragon para:CRDO | 183.81 | 0.1189 | get 0.0149% / 1h | 37m 32s | $1.3M | $480K | 10x |
OKX CRDO-USDT-SWAP
Paragon para:CRDOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon against OKX. 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
- $249.71
- Price spread: +0.297% → −0.022%
- $31.83
- Slippage, 4 orders
- −$63.6
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- $197.95
- Costs to cover
- 0.836%
- Break-even
- 1.5 days
Slippage from OKX: live order book, 4 min ago; Paragon: live order book, 8 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 OKX live order book, 4 min ago | 4.90 bp | 13.8 bp −$14 | 74.1 bp −$741 | doesn't fit | doesn't fit |
| Sell Paragon live order book, 8 min ago | 6.81 bp | 26.4 bp −$26 | 41.7 bp −$417 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CRDOUSDT | −0.1206% | 8h | 183.26 | −0.005% | $1.7M | $1.9M | 20x | as long as short |
| QFEX CRDO-USD | −0.0043% | 1h | 183.37 | +0.055% | $1.1M | $2.3M | 10x | as long as short |
| Aster CRDOUSDT | 0.0000% | 8h | 183.33 | +0.034% | $37K | $10K | 20x | as long as short |
| Binance CRDOUSDT | 0.0000% | 8h | 183.26 | −0.008% | $4.0M | $9.6M | 20x | as long as short |
| Bybit CRDOUSDT | 0.0000% | 8h | 183.31 | +0.022% | $690K | $753K | 25x | as long as short |
| OKX CRDO-USDT-SWAPlong | 0.0000% | 8h | 183.27 | long leg | $914K | $1.7M | 20x | |
| Gate CRDO_USDT | 0.0000% | 8h | 183.44 | +0.093% | $630K | $138K | 20x | as long as short |
| Variational Omni CRDO | 0.0000% | 8h | 183.49 | +0.122% | $199K | $133K | — | as long as short |
| GRVT CRDO_USDT_Perp | 0.0000% | 8h | 183.18 | −0.049% | $683 | $136K | 10x | as long as short |
| SunX CRDO-USDT | 0.0000% | 8h | 183.31 | +0.022% | $1K | $484K | 10x | as long as short |
Bitget CRDOUSDT
QFEX CRDO-USD
Aster CRDOUSDT
Binance CRDOUSDT
Bybit CRDOUSDT
Gate CRDO_USDT
Variational Omni CRDO
GRVT CRDO_USDT_Perp
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 | 183.12 | −0.082% | $8K | $41K | 20x | as long as short |
| Extended CRDO_24_5-USD | +0.0040% | 1h | 183.51 | +0.134% | $1K | — | 5x | as long as short |
| Vest CRDO-USD-PERP | +0.0046% | 1h | 183.19 | −0.044% | — | — | 5x | as long as short |
| KuCoin CRDOUSDTM | +0.0100% | 8h | 183.31 | +0.022% | $194K | $820K | 20x | as long as short |
| Paragon para:CRDOshort | +0.1189% | 1h | 183.81 | +0.297% | $1.3M | $480K | 10x |
HTX CRDO-USDT
Extended CRDO_24_5-USD
Vest CRDO-USD-PERP
KuCoin CRDOUSDTM