Funding you earn now, next payment 01:00 UTC+0.1132%/8h= +124.0% APRnext payment +$1.42 per $10,000 · paid last 24h +0.137%
Price spread now: Paragon against QFEX+0.194%7-day average +0.032% · 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−$49as in the Price arb table
costs, in and out, $10k−$650.650% of the position
Funding, last 3 days (all we have)−0.066%−$7 on $10k
+Price spread, last 7 days−0.059%−$6 · spread now +0.194%, 7d avg +0.032%
=Both sides work for this trade now. Funding pays +$34 a day on $10k at the current rate, and Paragon is 0.162% dearer against QFEX than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.032%. Mind the row above: over the last 3 days funding on this pair cost −0.066%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.066% in total (about -7.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.42 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 | 190.36 | −0.0028 | get 0.0003% / 1h | 23m 24s | $1.1M | $3.1M | 10x |
| Short | Paragon para:CRDO | 190.73 | 0.1105 | get 0.0138% / 1h | 23m 24s | $1.3M | $456K | 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
- $237.8
- Price spread: +0.194% → +0.032%
- $16.24
- Slippage, 4 orders
- −$44.99
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- $189.05
- Costs to cover
- 0.650%
- Break-even
- 1.4 days
Slippage from QFEX: live order book, 4 min ago; Paragon: live order book, 4 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 | 1.31 bp | 8.0 bp −$8 | 14.2 bp −$142 | doesn't fit | doesn't fit |
| Sell Paragon live order book, 4 min ago | 5.74 bp | 25.3 bp −$25 | 49.8 bp −$498 | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX CRDO-USDlong | −0.0028% | 1h | 190.36 | long leg | $1.1M | $3.1M | 10x | |
| Aster CRDOUSDT | 0.0000% | 8h | 190.52 | +0.082% | $38K | $11K | 20x | as long as short |
| Binance CRDOUSDT | 0.0000% | 8h | 190.19 | −0.089% | $4.3M | $8.2M | 20x | as long as short |
| Bybit CRDOUSDT | 0.0000% | 8h | 190.35 | −0.005% | $721K | $820K | 25x | as long as short |
| OKX CRDO-USDT-SWAP | 0.0000% | 8h | 190.37 | +0.005% | $915K | $1.5M | 20x | as long as short |
| Gate CRDO_USDT | 0.0000% | 8h | 190.61 | +0.131% | $663K | $124K | 20x | as long as short |
| Bitget CRDOUSDT | 0.0000% | 8h | 190.39 | +0.016% | $1.7M | $1.6M | 20x | as long as short |
| Variational Omni CRDO | 0.0000% | 8h | 190.85 | +0.259% | $207K | $42K | — | as long as short |
| GRVT CRDO_USDT_Perp | 0.0000% | 8h | 190.73 | +0.194% | $383 | $134K | 10x | as long as short |
| SunX CRDO-USDT | 0.0000% | 8h | 191.11 | +0.394% | $1K | $567K | 10x | as long as short |
Aster CRDOUSDT
Binance CRDOUSDT
Bybit CRDOUSDT
OKX CRDO-USDT-SWAP
Gate CRDO_USDT
Bitget CRDOUSDT
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 | 190.74 | +0.200% | $8K | $39K | 20x | as long as short |
| Extended CRDO_24_5-USD | +0.0040% | 1h | 190.35 | −0.003% | $1K | — | 5x | as long as short |
| Vest CRDO-USD-PERP | +0.0046% | 1h | 190.44 | +0.042% | — | — | 5x | as long as short |
| KuCoin CRDOUSDTM | +0.0100% | 8h | 190.29 | −0.037% | $196K | $906K | 20x | as long as short |
| Paragon para:CRDOshort | +0.1105% | 1h | 190.73 | +0.194% | $1.3M | $456K | 10x |
HTX CRDO-USDT
Extended CRDO_24_5-USD
Vest CRDO-USD-PERP
KuCoin CRDOUSDTM