Funding you earn now, next payment 08:00 UTC+0.1189%/8h= +130.2% APRpaid last 24h +0.208%
Price spread now: Paragon against SunX+0.387%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1831.828% of the position
Funding, last 7 days+0.592%+$59 on $10k
+Price spread, last 4 days (all we have)−0.321%−$32 · spread now +0.387%, 7d avg +0.030%
=Both sides work for this trade now. Funding pays +$36 a day on $10k at the current rate, and Paragon is 0.357% dearer against SunX than usual: you sell high and buy low: +$36 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 7 days it paid 0.592% in total (about 30.9% 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 | SunX CRDO-USDT | 183.05 | 0 | get 0.0000% / 8h | 34m 41s | $954 | $484K | 10x |
| Short | Paragon para:CRDO | 183.76 | 0.1189 | get 0.0149% / 1h | 34m 41s | $1.3M | $480K | 10x |
SunX CRDO-USDT
Paragon para:CRDOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon against SunX. 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
- $249.77
- Price spread: +0.387% → +0.030%
- $35.73
- Slippage, 4 orders
- −$164.83
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- $102.68
- Costs to cover
- 1.828%
- Break-even
- 4.1 days
Slippage from SunX: live order book, 16 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 SunX live order book, 16 min ago | 48.14 bp | 66.5 bp −$66 | doesn't fit | doesn't fit | doesn't fit |
| Sell Paragon live order book, 2 min ago | 6.81 bp | 24.7 bp −$25 | 41.7 bp −$417 | 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 | −0.1186% | 8h | 183.36 | +0.169% | $1.7M | $1.9M | 20x | as long as short |
| QFEX CRDO-USD | −0.0043% | 1h | 183.09 | +0.022% | $1.1M | $2.3M | 10x | as long as short |
| Aster CRDOUSDT | 0.0000% | 8h | 183.26 | +0.113% | $37K | $10K | 20x | as long as short |
| Binance CRDOUSDT | 0.0000% | 8h | 183.16 | +0.060% | $4.0M | $9.6M | 20x | as long as short |
| Bybit CRDOUSDT | 0.0000% | 8h | 183.25 | +0.109% | $690K | $752K | 25x | as long as short |
| OKX CRDO-USDT-SWAP | 0.0000% | 8h | 183.38 | +0.180% | $914K | $1.7M | 20x | as long as short |
| Gate CRDO_USDT | 0.0000% | 8h | 183.31 | +0.142% | $629K | $138K | 20x | as long as short |
| Variational Omni CRDO | 0.0000% | 8h | 182.97 | −0.041% | $199K | $133K | — | as long as short |
| GRVT CRDO_USDT_Perp | 0.0000% | 8h | 183.18 | +0.071% | $683 | $136K | 10x | as long as short |
| SunX CRDO-USDTlong | 0.0000% | 8h | 183.05 | long leg | $954 | $484K | 10x |
Bitget CRDOUSDT
QFEX CRDO-USD
Aster CRDOUSDT
Binance CRDOUSDT
Bybit CRDOUSDT
OKX CRDO-USDT-SWAP
Gate CRDO_USDT
Variational Omni CRDO
GRVT CRDO_USDT_PerpShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CRDO-USDT | 0.0000% | 8h | 183.11 | +0.033% | $8K | $41K | 20x | as long as short |
| Extended CRDO_24_5-USD | +0.0040% | 1h | 183.49 | +0.240% | $1K | — | 5x | as long as short |
| Vest CRDO-USD-PERP | +0.0046% | 1h | 183.16 | +0.060% | — | — | 5x | as long as short |
| KuCoin CRDOUSDTM | +0.0100% | 8h | 183.26 | +0.115% | $194K | $819K | 20x | as long as short |
| Paragon para:CRDOshort | +0.1189% | 1h | 183.76 | +0.387% | $1.3M | $480K | 10x |
HTX CRDO-USDT
Extended CRDO_24_5-USD
Vest CRDO-USD-PERP
KuCoin CRDOUSDTM