Funding you earn now, next payment 01:00 UTC−0.0931%/8h= −101.9% APRpaid last 24h −0.134%
Price spread now: GRVT against Paragon−0.251%7-day average +0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$780.780% of the position
Funding, last 7 days−0.353%−$35 on $10k
+Price spread, last 3 days (all we have)+0.335%+$34 · spread now −0.251%, 7d avg +0.049%
=Together, before fees−0.018%+ Points / potential airdropGRVT: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$28 a day on $10k at the current rate, and GRVT is 0.300% cheaper against Paragon than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of +0.049%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.353% in total (about -18.4% 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 | Paragon para:CRDO | 190.11 | 0.0931 | pay 0.0116% / 1h | 53m 06s | $1.3M | $445K | 10x |
| Short | GRVT CRDO_USDT_Perp | 189.63 | 0 | get 0.0000% / 8h | 7h 53m | $582 | $139K | 10x |
Paragon para:CRDO
GRVT CRDO_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$195.47
- Price spread: −0.251% → +0.049%
- −$30.03
- Slippage, 4 orders
- −$59.05
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$303.55
- Costs to cover
- 0.780%
- Break-even
- never at this rate
Slippage from Paragon: live order book, 3 min ago; GRVT: live order book, 14 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, 3 min ago | 3.95 bp | 25.4 bp −$25 | 61.3 bp −$613 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 14 min ago | 2.91 bp | 8.5 bp −$8 | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX CRDO-USD | −0.0028% | 1h | 189.65 | −0.242% | $1.1M | $3.1M | 10x | as long as short |
| Aster CRDOUSDT | 0.0000% | 8h | 189.74 | −0.196% | $38K | $11K | 20x | as long as short |
| Binance CRDOUSDT | 0.0000% | 8h | 189.76 | −0.184% | $4.3M | $8.5M | 20x | as long as short |
| Bybit CRDOUSDT | 0.0000% | 8h | 189.82 | −0.153% | $730K | $817K | 25x | as long as short |
| OKX CRDO-USDT-SWAP | 0.0000% | 8h | 189.64 | −0.247% | $907K | $1.5M | 20x | as long as short |
| Gate CRDO_USDT | 0.0000% | 8h | 189.73 | −0.200% | $661K | $123K | 20x | as long as short |
| Bitget CRDOUSDT | 0.0000% | 8h | 189.47 | −0.337% | $1.7M | $1.6M | 20x | as long as short |
| Variational Omni CRDO | 0.0000% | 8h | 189.77 | −0.177% | $208K | $40K | — | as long as short |
| GRVT CRDO_USDT_Perpshort | 0.0000% | 8h | 189.63 | −0.251% | $582 | $139K | 10x | |
| SunX CRDO-USDT | 0.0000% | 8h | 189.71 | −0.210% | $1K | $599K | 10x | as long as short |
QFEX CRDO-USD
Aster CRDOUSDT
Binance CRDOUSDT
Bybit CRDOUSDT
OKX CRDO-USDT-SWAP
Gate CRDO_USDT
Bitget CRDOUSDT
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 | 189.65 | −0.242% | $8K | $38K | 20x | as long as short |
| Extended CRDO_24_5-USD | +0.0040% | 1h | 189.72 | −0.203% | $1K | — | 5x | as long as short |
| Vest CRDO-USD-PERP | +0.0046% | 1h | 189.78 | −0.174% | — | — | 5x | as long as short |
| KuCoin CRDOUSDTM | +0.0100% | 8h | 189.64 | −0.247% | $195K | $909K | 20x | as long as short |
| Paragon para:CRDOlong | +0.0931% | 1h | 190.11 | long leg | $1.3M | $445K | 10x |
HTX CRDO-USDT
Extended CRDO_24_5-USD
Vest CRDO-USD-PERP
KuCoin CRDOUSDTM