Funding you earn now, next payment 04:00 UTC+0.0026%/8h= +2.9% APRpaid last 24h +0.003%
Price spread now: GRVT against QFEX+0.047%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$600.602% of the position
Funding, last 4 days (all we have)+0.090%+$9 on $10k
+Price spread, last 4 days (all we have)+0.112%+$11 · spread now +0.047%, 7d avg +0.055%
=Together, before fees+0.202%+ Points / potential airdropGRVT: Active · farm board+$20 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.055%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX CRDO-USD | 189.30 | −0.0026 | get 0.0003% / 1h | 22m 56s | $1.1M | $2.6M | 10x |
| Short | GRVT CRDO_USDT_Perp | 189.39 | 0 | get 0.0000% / 8h | 4h 22m | $417 | $114K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against QFEX. 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
- $5.53
- Price spread: +0.047% → +0.055%
- −$0.75
- Slippage, 4 orders
- −$41.23
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$55.46
- Costs to cover
- 0.602%
- Break-even
- 77.2 days
Slippage from QFEX: live order book, 5 min ago; GRVT: live order book, 29 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 QFEX live order book, 5 min ago | 1.32 bp | 9.4 bp −$9 | 15.3 bp −$153 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 29 min ago | 2.11 bp | 19.5 bp −$20 | 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-USDlong | −0.0026% | 1h | 189.30 | long leg | $1.1M | $2.6M | 10x | |
| Aster CRDOUSDT | 0.0000% | 8h | 189.55 | +0.132% | $38K | $11K | 20x | as long as short |
| Binance CRDOUSDT | 0.0000% | 8h | 189.44 | +0.074% | $4.2M | $8.1M | 20x | as long as short |
| Bybit CRDOUSDT | 0.0000% | 8h | 189.47 | +0.090% | $717K | $729K | 25x | as long as short |
| OKX CRDO-USDT-SWAP | 0.0000% | 8h | 189.58 | +0.148% | $949K | $1.4M | 20x | as long as short |
| Gate CRDO_USDT | 0.0000% | 8h | 189.46 | +0.085% | $658K | $120K | 20x | as long as short |
| Bitget CRDOUSDT | 0.0000% | 8h | 189.48 | +0.095% | $1.7M | $1.6M | 20x | as long as short |
| Variational Omni CRDO | 0.0000% | 8h | 189.25 | −0.024% | $222K | $59K | — | as long as short |
| GRVT CRDO_USDT_Perpshort | 0.0000% | 8h | 189.39 | +0.047% | $417 | $114K | 10x | |
| SunX CRDO-USDT | 0.0000% | 8h | 188.95 | −0.185% | $1K | $511K | 10x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CRDO-USDT | 0.0000% | 8h | 189.76 | +0.243% | $8K | $40K | 20x | as long as short |
| Extended CRDO_24_5-USD | +0.0040% | 1h | 189.50 | +0.108% | $1K | — | 5x | as long as short |
| Vest CRDO-USD-PERP | +0.0046% | 1h | 189.32 | +0.011% | — | — | 5x | as long as short |
| KuCoin CRDOUSDTM | +0.0100% | 8h | 189.33 | +0.016% | $197K | $882K | 20x | as long as short |
| Paragon para:CRDO | +0.1597% | 1h | 189.58 | +0.150% | $1.3M | $460K | 10x | as long as short |
GRVT CRDO_USDT_Perp
Aster CRDOUSDT
Binance CRDOUSDT
Bybit CRDOUSDT
OKX CRDO-USDT-SWAP
Gate CRDO_USDT
Bitget CRDOUSDT
Variational Omni CRDO
SunX CRDO-USDT
HTX CRDO-USDT
Extended CRDO_24_5-USD
KuCoin CRDOUSDTM
Paragon para:CRDO