Funding you earn now, next payment 06:00 UTC−0.0964%/8h= −105.6% APRpaid last 24h −0.198%
Price spread now: Variational Omni against Paragon+0.352%7-day average −0.009% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.066%+$7 on $10k
+Price spread, last 4 days (all we have)−0.289%−$29 · spread now +0.352%, 7d avg −0.009%
=Together, before fees−0.223%+ Points / potential airdropVariational Omni: Active · farm board−$22 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.361% dearer against Paragon than usual: you sell high and buy low (spread +0.352% now, against its 7-day average of −0.009%): +$36 on $10k if it goes back. Holding the pair costs −$29 a day in funding at the current rate, which eats that in about 30 hours. Mind the row above: over the last 4 days funding on this pair paid +0.066%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.066% in total (about 6.8% 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 | 182.47 | 0.0964 | pay 0.0120% / 1h | 33m 18s | $1.3M | $469K | 10x |
| Short | Variational Omni CRDO | 183.11 | 0 | get 0.0000% / 8h | 2h 33m | $198K | $133K | — |
Paragon para:CRDO
Variational Omni CRDOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$202.43
- Price spread: +0.352% → −0.009%
- $36.06
- Slippage, 4 orders
- no order book: not counted
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$176.37
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Paragon: live order book, 4 min ago; Variational Omni: RFQ quote, 16 min ago. Net counts fees only.
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 | 7.63 bp | 22.2 bp −$22 | 47.8 bp −$478 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 16 min ago | 5.76 bp | doesn't fit | 94.2 bp −$942 | 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 | −0.1535% | 8h | 182.42 | −0.027% | $1.6M | $1.6M | 20x | as long as short |
| QFEX CRDO-USD | −0.0006% | 1h | 182.23 | −0.132% | $1.1M | $2.4M | 10x | as long as short |
| Aster CRDOUSDT | 0.0000% | 8h | 182.25 | −0.121% | $37K | $11K | 20x | as long as short |
| Binance CRDOUSDT | 0.0000% | 8h | 182.12 | −0.192% | $4.0M | $8.9M | 20x | as long as short |
| Bybit CRDOUSDT | 0.0000% | 8h | 182.20 | −0.148% | $695K | $758K | 25x | as long as short |
| OKX CRDO-USDT-SWAP | 0.0000% | 8h | 182.20 | −0.148% | $911K | $1.6M | 20x | as long as short |
| Gate CRDO_USDT | 0.0000% | 8h | 182.46 | −0.005% | $651K | $126K | 20x | as long as short |
| Variational Omni CRDOshort | 0.0000% | 8h | 183.11 | +0.352% | $198K | $133K | — | |
| GRVT CRDO_USDT_Perp | 0.0000% | 8h | 182.74 | +0.148% | $252 | $125K | 10x | as long as short |
| SunX CRDO-USDT | 0.0000% | 8h | 182.75 | +0.153% | $819 | $511K | 10x | as long as short |
Bitget CRDOUSDT
QFEX CRDO-USD
Aster CRDOUSDT
Binance CRDOUSDT
Bybit CRDOUSDT
OKX CRDO-USDT-SWAP
Gate CRDO_USDT
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 | 182.49 | +0.011% | $8K | $41K | 20x | as long as short |
| Extended CRDO_24_5-USD | +0.0040% | 1h | 182.06 | −0.225% | $1K | — | 5x | as long as short |
| Vest CRDO-USD-PERP | +0.0046% | 1h | 182.39 | −0.044% | — | — | 5x | as long as short |
| KuCoin CRDOUSDTM | +0.0100% | 8h | 182.38 | −0.049% | $193K | $849K | 20x | as long as short |
| Paragon para:CRDOlong | +0.0964% | 1h | 182.47 | long leg | $1.3M | $469K | 10x |
HTX CRDO-USDT
Extended CRDO_24_5-USD
Vest CRDO-USD-PERP
KuCoin CRDOUSDTM