Funding you earn now, next payment 05:00 UTC+0.1304%/8h= +142.8% APRnext payment +$1.63 per $10,000 · paid last 24h +0.193%
Price spread now: Paragon against QFEX+0.577%7-day average +0.030% · 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−$12as in the Price arb table
costs, in and out, $10k−$660.662% of the position
Funding, last 4 days (all we have)+0.007%+$1 on $10k
+Price spread, last 7 days−0.611%−$61 · spread now +0.577%, 7d avg +0.030%
=Both sides work for this trade now. Funding pays +$39 a day on $10k at the current rate, and Paragon is 0.546% dearer against QFEX than usual: you sell high and buy low: +$55 more if the spread goes back to its 7-day average of +0.030%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.007% in total (about 0.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.63 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 | 182.37 | −0.0009 | get 0.0001% / 1h | 3m 31s | $1.1M | $2.5M | 10x |
| Short | Paragon para:CRDO | 183.42 | 0.1295 | get 0.0162% / 1h | 3m 31s | $1.3M | $468K | 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
- $273.9
- Price spread: +0.577% → +0.030%
- $54.65
- Slippage, 4 orders
- −$46.15
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- $262.4
- Costs to cover
- 0.662%
- Break-even
- 0.3 days
Slippage from QFEX: live order book, 4 min ago; Paragon: live order book, 2 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, 4 min ago | 1.63 bp | 9.3 bp −$9 | 18.4 bp −$184 | doesn't fit | doesn't fit |
| Sell Paragon live order book, 2 min ago | 10.60 bp | 21.3 bp −$21 | 45.8 bp −$458 | 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 | −0.0976% | 8h | 182.63 | +0.143% | $1.7M | $1.5M | 20x | as long as short |
| QFEX CRDO-USDlong | −0.0009% | 1h | 182.37 | long leg | $1.1M | $2.5M | 10x | |
| Aster CRDOUSDT | 0.0000% | 8h | 182.53 | +0.086% | $37K | $11K | 20x | as long as short |
| Binance CRDOUSDT | 0.0000% | 8h | 182.32 | −0.027% | $4.1M | $8.6M | 20x | as long as short |
| Bybit CRDOUSDT | 0.0000% | 8h | 182.31 | −0.033% | $698K | $747K | 25x | as long as short |
| OKX CRDO-USDT-SWAP | 0.0000% | 8h | 182.25 | −0.066% | $937K | $1.4M | 20x | as long as short |
| Gate CRDO_USDT | 0.0000% | 8h | 182.60 | +0.126% | $651K | $126K | 20x | as long as short |
| Variational Omni CRDO | 0.0000% | 8h | 183.91 | +0.846% | $229K | $105K | — | as long as short |
| GRVT CRDO_USDT_Perp | 0.0000% | 8h | 183.64 | +0.698% | $367 | $121K | 10x | as long as short |
| SunX CRDO-USDT | 0.0000% | 8h | 183.25 | +0.483% | $1K | $511K | 10x | 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-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CRDO-USDT | 0.0000% | 8h | 183.73 | +0.746% | $8K | $41K | 20x | as long as short |
| Extended CRDO_24_5-USD | +0.0040% | 1h | 182.36 | −0.005% | $1K | — | 5x | as long as short |
| Vest CRDO-USD-PERP | +0.0046% | 1h | 182.61 | +0.132% | — | — | 5x | as long as short |
| KuCoin CRDOUSDTM | +0.0100% | 8h | 183.12 | +0.411% | $194K | $855K | 20x | as long as short |
| Paragon para:CRDOshort | +0.1295% | 1h | 183.42 | +0.577% | $1.3M | $468K | 10x |
HTX CRDO-USDT
Extended CRDO_24_5-USD
Vest CRDO-USD-PERP
KuCoin CRDOUSDTM