Funding you earn now, next payment 09:00 UTC−0.1124%/8h= −123.0% APRpaid last 24h −0.214%
Price spread now: Variational Omni against Paragon+0.012%7-day average −0.015% · 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)+0.031%+$3 on $10k
+Price spread, last 4 days (all we have)+0.166%+$17 · spread now +0.012%, 7d avg −0.015%
=Together, before fees+0.197%+ Points / potential airdropVariational Omni: Active · farm board+$20 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.027% dearer against Paragon than usual: you sell high and buy low (spread +0.012% now, against its 7-day average of −0.015%): +$3 on $10k if it goes back. Holding the pair costs −$34 a day in funding at the current rate, which eats that in about 2 hours.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.031% in total (about 3.0% 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 | 182.09 | 0.1124 | pay 0.0140% / 1h | 36m 15s | $1.2M | $482K | 10x |
| Short | Variational Omni CRDO | 182.11 | 0 | get 0.0000% / 8h | 7h 36m | $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
- −$235.94
- Price spread: +0.012% → −0.015%
- $2.69
- Slippage, 4 orders
- no order book: not counted
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$243.25
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Paragon: live order book, 10 min ago; Variational Omni: RFQ quote, 63 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, 10 min ago | 12.03 bp | 31.5 bp −$31 | 155.4 bp −$1,554 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 63 min ago | 4.91 bp | doesn't fit | 93.9 bp −$939 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT CRDO_USDT_Perp | −0.1067% | 8h | 181.86 | −0.128% | $851 | $131K | 10x | as long as short |
| Bitget CRDOUSDT | −0.0940% | 8h | 181.47 | −0.342% | $1.7M | $1.9M | 20x | as long as short |
| QFEX CRDO-USD | −0.0028% | 1h | 181.49 | −0.331% | $1.1M | $2.3M | 10x | as long as short |
| Aster CRDOUSDT | 0.0000% | 8h | 181.93 | −0.090% | $36K | $11K | 20x | as long as short |
| Binance CRDOUSDT | 0.0000% | 8h | 181.52 | −0.315% | $4.0M | $9.6M | 20x | as long as short |
| Bybit CRDOUSDT | 0.0000% | 8h | 181.71 | −0.210% | $682K | $726K | 25x | as long as short |
| OKX CRDO-USDT-SWAP | 0.0000% | 8h | 181.59 | −0.276% | $894K | $1.7M | 20x | as long as short |
| Gate CRDO_USDT | 0.0000% | 8h | 181.78 | −0.172% | $624K | $138K | 20x | as long as short |
| Variational Omni CRDOshort | 0.0000% | 8h | 182.11 | +0.012% | $198K | $133K | — | |
| SunX CRDO-USDT | 0.0000% | 8h | 182.06 | −0.018% | $828 | $439K | 10x | as long as short |
GRVT CRDO_USDT_Perp
Bitget CRDOUSDT
QFEX CRDO-USD
Aster CRDOUSDT
Binance CRDOUSDT
Bybit CRDOUSDT
OKX CRDO-USDT-SWAP
Gate CRDO_USDT
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 | 181.64 | −0.249% | $8K | $42K | 20x | as long as short |
| Extended CRDO_24_5-USD | +0.0040% | 1h | 182.00 | −0.051% | $1K | — | 5x | as long as short |
| Vest CRDO-USD-PERP | +0.0046% | 1h | 181.67 | −0.232% | — | — | 5x | as long as short |
| KuCoin CRDOUSDTM | +0.0100% | 8h | 181.78 | −0.172% | $192K | $839K | 20x | as long as short |
| Paragon para:CRDOlong | +0.1124% | 1h | 182.09 | long leg | $1.2M | $482K | 10x |
HTX CRDO-USDT
Extended CRDO_24_5-USD
Vest CRDO-USD-PERP
KuCoin CRDOUSDTM