Funding you earn now, next payment 07:00 UTC+0.0303%/8h= +33.2% APRpaid last 24h +0.061%
Price spread now: Paragon against GRVT−0.140%47s7-day average +0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1031.034% of the position
Funding, last 7 days−0.063%−$6 on $10k
+Price spread, last 4 days (all we have)+0.176%+$18 · spread now −0.140%, 7d avg +0.092%
=Together, before fees+0.113%+ Points / potential airdropGRVT: Active · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Paragon is 0.232% cheaper against GRVT than usual: you would sell low and buy high (spread −0.140% now, against its 7-day average of +0.092%). If the spread goes back, that is −$23 on $10k: about 2.6 days of funding at the current rate (+$9 a day). Mind the row above: over the last 7 days funding on this pair cost −0.063%, so the current rate has only just turned in your favour. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.063% in total (about -3.3% 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 | GRVT CRWD_USDT_Perp | 250.33 | 0.0046 | pay 0.0046% / 8h | 1h 22m | $1K | $125K | 10x |
| Short | Paragon para:CRWD | 249.98 | 0.0349 | get 0.0044% / 1h | 22m 25s | $84K | $108K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon against GRVT. 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
- $63.72
- Price spread: −0.140% → +0.092%
- −$23.22
- Slippage, 4 orders
- −$84.42
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- −$62.92
- Costs to cover
- 1.034%
- Break-even
- 13.9 days
Slippage from GRVT: live order book, 20 min ago; Paragon: live order book, 43 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 GRVT live order book, 20 min ago | 3.39 bp | 26.8 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell Paragon live order book, 43 min ago | 2.79 bp | 24.2 bp −$24 | 119.0 bp −$1,190 | doesn't fit | doesn't fit |
CRWD on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CRWD/USDC PERP | −0.0220% | 1h | 244.15 | −2.469% | $21K | $20K | 12x | as long as short |
| Aster CRWDUSDT | 0.0000% | 8h | 250.15 | −0.071% | $4K | $35K | 20x | as long as short |
| Binance CRWDUSDT | 0.0000% | 8h | 250.28 | −0.020% | $2.5M | $7.1M | 25x | as long as short |
| Bybit CRWDUSDT | 0.0000% | 8h | 250.03 | −0.120% | $1.1M | $494K | 25x | as long as short |
| OKX CRWD-USDT-SWAP | 0.0000% | 8h | 250.19 | −0.056% | $592K | $701K | 25x | as long as short |
| Bitget CRWDUSDT | 0.0000% | 8h | 250.82 | +0.196% | $313K | $436K | 20x | as long as short |
| Variational Omni CRWD | 0.0000% | 8h | 250.27 | −0.025% | $67K | $60K | — | as long as short |
| SunX CRWD-USDT | 0.0000% | 8h | 250.40 | +0.028% | $2K | $1.1M | 10x | as long as short |
| HTX CRWD-USDT | 0.0000% | 8h | 250.46 | +0.052% | $6K | $7K | 20x | as long as short |
| Phemex CRWDUSDT | 0.0000% | 8h | 250.35 | +0.008% | $1.5M | $211K | 10x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin CRWD-USDT | +0.0018% | 8h | 250.40 | +0.028% | $72K | $24K | 25x | as long as short |
| GRVT CRWD_USDT_Perplong | +0.0046% | 8h | 250.33 | long leg | $1K | $125K | 10x | |
| Extended CRWD_24_5-USD | +0.0048% | 1h | 250.11 | −0.088% | $100K | — | 10x | as long as short |
| tradeXYZ xyz:CRWD | +0.0050% | 1h | 250.24 | −0.036% | $891K | $676K | 10x | as long as short |
| QFEX CRWD-USD | +0.0064% | 1h | 250.31 | −0.008% | $1.2M | $2.7M | 10x | as long as short |
| KuCoin CRWDUSDTM | +0.0100% | 8h | 250.17 | −0.064% | $34K | $254K | 20x | as long as short |
| Phoenix CRWD | +0.0286% | 1h | 250.23 | −0.040% | $3 | $106K | 10x | as long as short |
| Paragon para:CRWDshort | +0.0349% | 1h | 249.98 | −0.140% | $84K | $108K | 10x |
GRVT CRWD_USDT_Perp
Paragon para:CRWD
Injective CRWD/USDC PERP
Aster CRWDUSDT
Binance CRWDUSDT
Bybit CRWDUSDT
OKX CRWD-USDT-SWAP
Bitget CRWDUSDT
Variational Omni CRWD
SunX CRWD-USDT
HTX CRWD-USDT
Phemex CRWDUSDT
BloFin CRWD-USDT
Extended CRWD_24_5-USD
tradeXYZ xyz:CRWD
KuCoin CRWDUSDTM
Phoenix CRWD