Funding you earn now, next payment 06:00 UTC−0.2431%/8h= −266.2% APRpaid last 24h −0.198%
Price spread now: Bitget against Paragon−0.022%46s7-day average +0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$134as 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−$870.874% of the position
Funding, last 7 days−0.465%−$46 on $10k
+Price spread, last 7 days+0.087%+$9 · spread now −0.022%, 7d avg +0.066%
=Both sides work against this trade now: funding costs −$73 a day on $10k at the current rate, and Bitget is 0.088% cheaper against Paragon than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.066%). Swap the legs. The two prices were read 46 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 -0.465% in total (about -24.2% 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 | Paragon para:CRDO | 184.50 | 0.1141 | pay 0.0143% / 1h | 52m 52s | $1.3M | $469K | 10x |
| Short | Bitget CRDOUSDT | 184.46 | −0.1290 | pay 0.1290% / 8h | 2h 52m | $1.6M | $1.5M | 20x |
Paragon para:CRDO
Bitget CRDOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Paragon. 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
- −$510.58
- Price spread: −0.022% → +0.066%
- −$8.81
- Slippage, 4 orders
- −$65.42
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$606.81
- Costs to cover
- 0.874%
- Break-even
- never at this rate
Slippage from Paragon: live order book, 4 min ago; Bitget: live order book, 4 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 Paragon live order book, 4 min ago | 5.16 bp | 26.6 bp −$27 | 59.0 bp −$590 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 4.36 bp | 11.2 bp −$11 | 79.1 bp −$791 | 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 CRDOUSDTshort | −0.1290% | 8h | 184.46 | −0.022% | $1.6M | $1.5M | 20x | |
| QFEX CRDO-USD | −0.0006% | 1h | 184.08 | −0.228% | $1.1M | $2.5M | 10x | as long as short |
| Aster CRDOUSDT | 0.0000% | 8h | 184.55 | +0.027% | $37K | $11K | 20x | as long as short |
| Binance CRDOUSDT | 0.0000% | 8h | 184.52 | +0.011% | $4.1M | $8.7M | 20x | as long as short |
| Bybit CRDOUSDT | 0.0000% | 8h | 184.60 | +0.054% | $705K | $747K | 25x | as long as short |
| OKX CRDO-USDT-SWAP | 0.0000% | 8h | 184.89 | +0.211% | $943K | $1.5M | 20x | as long as short |
| Gate CRDO_USDT | 0.0000% | 8h | 184.68 | +0.098% | $659K | $126K | 20x | as long as short |
| Variational Omni CRDO | 0.0000% | 8h | 183.75 | −0.405% | $229K | $104K | — | as long as short |
| GRVT CRDO_USDT_Perp | 0.0000% | 8h | 183.46 | −0.564% | $363 | $124K | 10x | as long as short |
| SunX CRDO-USDT | 0.0000% | 8h | 184.47 | −0.016% | $998 | $513K | 10x | as long as short |
QFEX CRDO-USD
Aster CRDOUSDT
Binance CRDOUSDT
Bybit CRDOUSDT
OKX CRDO-USDT-SWAP
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 | 183.84 | −0.358% | $8K | $41K | 20x | as long as short |
| Extended CRDO_24_5-USD | +0.0040% | 1h | 185.01 | +0.279% | $1K | — | 5x | as long as short |
| Vest CRDO-USD-PERP | +0.0046% | 1h | 184.16 | −0.184% | — | — | 5x | as long as short |
| KuCoin CRDOUSDTM | +0.0100% | 8h | 184.20 | −0.163% | $194K | $853K | 20x | as long as short |
| Paragon para:CRDOlong | +0.1141% | 1h | 184.50 | long leg | $1.3M | $469K | 10x |
HTX CRDO-USDT
Extended CRDO_24_5-USD
Vest CRDO-USD-PERP
KuCoin CRDOUSDTM