Funding you earn now, next payment 09:00 UTC−0.0926%/8h= −101.4% APRpaid last 24h −0.214%
Price spread now: Gate against Paragon−0.282%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$198as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1391.387% of the position
Funding, last 7 days−0.591%−$59 on $10k
+Price spread, last 4 days (all we have)−0.087%−$9 · spread now −0.282%, 7d avg +0.009%
=Both sides work against this trade now: funding costs −$28 a day on $10k at the current rate, and Gate is 0.291% cheaper against Paragon than usual: you would sell low and buy high (−$29 if the spread goes back to its 7-day average of +0.009%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.591% in total (about -30.8% 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 | 184.20 | 0.0926 | pay 0.0116% / 1h | 0m 44s | $1.3M | $484K | 10x |
| Short | Gate CRDO_USDT | 183.68 | 0 | get 0.0000% / 8h | 7h 00m | $633K | $140K | 20x |
Paragon para:CRDO
Gate CRDO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$194.39
- Price spread: −0.282% → +0.009%
- −$29.11
- Slippage, 4 orders
- −$113.68
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$362.18
- Costs to cover
- 1.387%
- Break-even
- never at this rate
Slippage from Paragon: live order book, 6 min ago; Gate: live order book, 30 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, 6 min ago | 14.36 bp | 20.4 bp −$20 | 43.9 bp −$439 | doesn't fit | doesn't fit |
| Sell Gate live order book, 30 min ago | 9.95 bp | 49.5 bp −$49 | doesn't fit | 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 | −0.0714% | 8h | 183.90 | −0.163% | $1.8M | $1.9M | 20x | as long as short |
| QFEX CRDO-USD | −0.0028% | 1h | 184.21 | +0.005% | $1.1M | $2.2M | 10x | as long as short |
| Aster CRDOUSDT | 0.0000% | 8h | 183.62 | −0.314% | $37K | $11K | 20x | as long as short |
| Binance CRDOUSDT | 0.0000% | 8h | 183.94 | −0.141% | $4.1M | $9.7M | 20x | as long as short |
| Bybit CRDOUSDT | 0.0000% | 8h | 184.05 | −0.081% | $693K | $696K | 25x | as long as short |
| OKX CRDO-USDT-SWAP | 0.0000% | 8h | 184.06 | −0.076% | $930K | $1.8M | 20x | as long as short |
| Gate CRDO_USDTshort | 0.0000% | 8h | 183.68 | −0.282% | $633K | $140K | 20x | |
| Variational Omni CRDO | 0.0000% | 8h | 183.84 | −0.198% | $200K | $132K | — | as long as short |
| GRVT CRDO_USDT_Perp | 0.0000% | 8h | 184.44 | +0.130% | $515 | $129K | 10x | as long as short |
| SunX CRDO-USDT | 0.0000% | 8h | 183.99 | −0.114% | $1K | $418K | 10x | as long as short |
Bitget CRDOUSDT
QFEX CRDO-USD
Aster CRDOUSDT
Binance CRDOUSDT
Bybit CRDOUSDT
OKX CRDO-USDT-SWAP
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 | 184.45 | +0.136% | $8K | $42K | 20x | as long as short |
| Extended CRDO_24_5-USD | +0.0040% | 1h | 183.36 | −0.457% | $1K | — | 5x | as long as short |
| Vest CRDO-USD-PERP | +0.0046% | 1h | 184.13 | −0.038% | — | — | 5x | as long as short |
| KuCoin CRDOUSDTM | +0.0100% | 8h | 183.94 | −0.141% | $190K | $877K | 20x | as long as short |
| Paragon para:CRDOlong | +0.0926% | 1h | 184.20 | long leg | $1.3M | $484K | 10x |
HTX CRDO-USDT
Extended CRDO_24_5-USD
Vest CRDO-USD-PERP
KuCoin CRDOUSDTM