Funding you earn now, next payment 07:00 UTC+0.0890%/8h= +97.4% APRnext payment +$1.11 per $10,000 · paid last 24h +0.204%
Price spread now: Paragon against QFEX+0.137%7-day average +0.034% · 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−$63as in the Price arb table
costs, in and out, $10k−$730.735% of the position
Funding, last 4 days (all we have)+0.023%+$2 on $10k
+Price spread, last 7 days−0.125%−$13 · spread now +0.137%, 7d avg +0.034%
=Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and Paragon is 0.103% dearer against QFEX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.034%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.023% in total (about 2.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.11 per $10,000. 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 | QFEX CRDO-USD | 182.05 | 0.0013 | pay 0.0002% / 1h | 49m 38s | $1.1M | $2.4M | 10x |
| Short | Paragon para:CRDO | 182.30 | 0.0902 | get 0.0113% / 1h | 49m 38s | $1.2M | $488K | 10x |
QFEX CRDO-USD
Paragon para:CRDOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon 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
- $186.8
- Price spread: +0.137% → +0.034%
- $10.31
- Slippage, 4 orders
- −$53.49
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- $123.62
- Costs to cover
- 0.735%
- Break-even
- 2.4 days
Slippage from QFEX: live order book, 3 min ago; Paragon: live order book, 6 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, 3 min ago | 1.38 bp | 10.9 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Paragon live order book, 6 min ago | 5.20 bp | 25.4 bp −$25 | 47.8 bp −$478 | 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 | −0.1831% | 8h | 182.35 | +0.165% | $1.7M | $1.8M | 20x | as long as short |
| Aster CRDOUSDT | 0.0000% | 8h | 182.17 | +0.067% | $37K | $11K | 20x | as long as short |
| Binance CRDOUSDT | 0.0000% | 8h | 182.13 | +0.044% | $4.0M | $9.3M | 20x | as long as short |
| Bybit CRDOUSDT | 0.0000% | 8h | 182.10 | +0.027% | $700K | $775K | 25x | as long as short |
| OKX CRDO-USDT-SWAP | 0.0000% | 8h | 182.09 | +0.022% | $914K | $1.6M | 20x | as long as short |
| Gate CRDO_USDT | 0.0000% | 8h | 182.16 | +0.060% | $625K | $139K | 20x | as long as short |
| Variational Omni CRDO | 0.0000% | 8h | 181.99 | −0.030% | $197K | $133K | — | as long as short |
| GRVT CRDO_USDT_Perp | 0.0000% | 8h | 181.88 | −0.093% | $593 | $132K | 10x | as long as short |
| SunX CRDO-USDT | 0.0000% | 8h | 181.90 | −0.082% | $1K | $506K | 10x | as long as short |
| HTX CRDO-USDT | 0.0000% | 8h | 181.56 | −0.269% | $8K | $41K | 20x | as long as short |
Bitget CRDOUSDT
Aster CRDOUSDT
Binance CRDOUSDT
Bybit CRDOUSDT
OKX CRDO-USDT-SWAP
Gate CRDO_USDT
Variational Omni CRDO
GRVT CRDO_USDT_Perp
SunX CRDO-USDT
HTX CRDO-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX CRDO-USDlong | +0.0013% | 1h | 182.05 | long leg | $1.1M | $2.4M | 10x | |
| Extended CRDO_24_5-USD | +0.0040% | 1h | 182.14 | +0.049% | $1K | — | 5x | as long as short |
| Vest CRDO-USD-PERP | +0.0046% | 1h | 182.10 | +0.027% | — | — | 5x | as long as short |
| KuCoin CRDOUSDTM | +0.0100% | 8h | 182.05 | 0.000% | $195K | $838K | 20x | as long as short |
| Paragon para:CRDOshort | +0.0902% | 1h | 182.30 | +0.137% | $1.2M | $488K | 10x |
Extended CRDO_24_5-USD
Vest CRDO-USD-PERP
KuCoin CRDOUSDTM