Funding you earn now, next payment 06:00 UTC−0.0140%/8h= −15.3% APRpaid last 24h −0.055%
Price spread now: Binance against Paragon+0.098%7-day average −0.087% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$760.761% of the position
Funding, last 7 days+0.147%+$15 on $10k
+Price spread, last 4 days (all we have)+0.074%+$7 · spread now +0.098%, 7d avg −0.087%
=The price spread pays, funding is against you. Binance is 0.184% dearer against Paragon than usual: you sell high and buy low (spread +0.098% now, against its 7-day average of −0.087%): +$18 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 4.4 days. Mind the row above: over the last 7 days funding on this pair paid +0.147%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paragon para:CRWD | 251.06 | 0.0140 | pay 0.0017% / 1h | 8m 35s | $85K | $108K | 10x |
| Short | Binance CRWDUSDT | 251.31 | 0 | get 0.0000% / 8h | 2h 08m | $2.5M | $7.1M | 25x |
Paragon para:CRWD
Binance CRWDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$29.33
- Price spread: +0.098% → −0.087%
- $18.45
- Slippage, 4 orders
- −$56.09
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$86.97
- Costs to cover
- 0.761%
- Break-even
- never at this rate
Slippage from Paragon: live order book, 67 min ago; Binance: live order book, 15 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 Paragon live order book, 67 min ago | 3.40 bp | 24.3 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 1.99 bp | 11.6 bp −$12 | 52.1 bp −$521 | 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 | 246.46 | −1.834% | $22K | $20K | 12x | as long as short |
| Aster CRWDUSDT | 0.0000% | 8h | 251.23 | +0.066% | $4K | $37K | 20x | as long as short |
| Binance CRWDUSDTshort | 0.0000% | 8h | 251.31 | +0.098% | $2.5M | $7.1M | 25x | |
| Bybit CRWDUSDT | 0.0000% | 8h | 251.18 | +0.046% | $1.2M | $550K | 25x | as long as short |
| OKX CRWD-USDT-SWAP | 0.0000% | 8h | 251.14 | +0.030% | $601K | $699K | 25x | as long as short |
| Bitget CRWDUSDT | 0.0000% | 8h | 251.19 | +0.050% | $294K | $416K | 20x | as long as short |
| Variational Omni CRWD | 0.0000% | 8h | 251.65 | +0.233% | $68K | $60K | — | as long as short |
| GRVT CRWD_USDT_Perp | 0.0000% | 8h | 251.67 | +0.242% | $1K | $123K | 10x | as long as short |
| SunX CRWD-USDT | 0.0000% | 8h | 251.71 | +0.257% | $2K | $1.2M | 10x | as long as short |
| HTX CRWD-USDT | 0.0000% | 8h | 251.84 | +0.309% | $6K | $7K | 20x | as long as short |
Injective CRWD/USDC PERP
Aster CRWDUSDT
Bybit CRWDUSDT
OKX CRWD-USDT-SWAP
Bitget CRWDUSDT
Variational Omni CRWD
GRVT CRWD_USDT_Perp
SunX CRWD-USDT
HTX CRWD-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex CRWDUSDT | 0.0000% | 8h | 251.49 | +0.169% | $1.5M | $213K | 10x | as long as short |
| BloFin CRWD-USDT | +0.0016% | 8h | 251.54 | +0.189% | $72K | $24K | 25x | as long as short |
| QFEX CRWD-USD | +0.0044% | 1h | 251.35 | +0.114% | $1.2M | $2.6M | 10x | as long as short |
| Extended CRWD_24_5-USD | +0.0048% | 1h | 251.13 | +0.026% | $100K | — | 10x | as long as short |
| tradeXYZ xyz:CRWD | +0.0072% | 1h | 251.04 | −0.010% | $893K | $676K | 10x | as long as short |
| KuCoin CRWDUSDTM | +0.0100% | 8h | 251.21 | +0.058% | $34K | $287K | 20x | as long as short |
| Paragon para:CRWDlong | +0.0140% | 1h | 251.06 | long leg | $85K | $108K | 10x | |
| Phoenix CRWD | +0.0160% | 1h | 251.36 | +0.117% | $2 | $106K | 10x | as long as short |
Phemex CRWDUSDT
BloFin CRWD-USDT
QFEX CRWD-USD
Extended CRWD_24_5-USD
tradeXYZ xyz:CRWD
KuCoin CRWDUSDTM
Phoenix CRWD