Funding you earn now, next payment 03:00 UTC+0.0328%/8h= +35.9% APRpaid last 24h +0.050%
Price spread now: Paragon against Binance−0.151%7-day average +0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$860.864% of the position
Funding, last 7 days−0.163%−$16 on $10k
+Price spread, last 2 days (all we have)+0.322%+$32 · spread now −0.151%, 7d avg +0.065%
=Funding pays, the price is against you. Paragon is 0.216% cheaper against Binance than usual: you would sell low and buy high (spread −0.151% now, against its 7-day average of +0.065%). If the spread goes back, that is −$22 on $10k: about 2.2 days of funding at the current rate (+$10 a day). Mind the row above: over the last 7 days funding on this pair cost −0.163%, 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 7 days it paid -0.163% in total (about -8.5% 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 | Binance CRWDUSDT | 249.02 | 0 | get 0.0000% / 8h | 5h 50m | $2.4M | $6.7M | 25x |
| Short | Paragon para:CRWD | 248.64 | 0.0328 | get 0.0041% / 1h | 50m 33s | $84K | $108K | 10x |
Binance CRWDUSDT
Paragon para:CRWDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon against Binance. 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
- $68.92
- Price spread: −0.151% → +0.065%
- −$21.56
- Slippage, 4 orders
- −$66.36
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- −$39
- Costs to cover
- 0.864%
- Break-even
- 11.0 days
Slippage from Binance: live order book, 3 min ago; Paragon: live order book, 55 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 Binance live order book, 3 min ago | 1.40 bp | 15.8 bp −$16 | 41.4 bp −$414 | doesn't fit | doesn't fit |
| Sell Paragon live order book, 55 min ago | 6.43 bp | 25.8 bp −$26 | 119.8 bp −$1,198 | doesn't fit | doesn't fit |
CRWD on 17 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 | 240.64 | −3.365% | $21K | $20K | 12x | as long as short |
| Aster CRWDUSDT | 0.0000% | 8h | 249.03 | +0.004% | $4K | $37K | 20x | as long as short |
| Binance CRWDUSDTlong | 0.0000% | 8h | 249.02 | long leg | $2.4M | $6.7M | 25x | |
| Bybit CRWDUSDT | 0.0000% | 8h | 248.82 | −0.081% | $1.1M | $529K | 25x | as long as short |
| OKX CRWD-USDT-SWAP | 0.0000% | 8h | 249.14 | +0.048% | $615K | $615K | 25x | as long as short |
| Bitget CRWDUSDT | 0.0000% | 8h | 249.01 | −0.004% | $292K | $416K | 20x | as long as short |
| Variational Omni CRWD | 0.0000% | 8h | 249.01 | −0.006% | $67K | $60K | — | as long as short |
| GRVT CRWD_USDT_Perp | 0.0000% | 8h | 249.12 | +0.040% | $678 | $111K | 10x | as long as short |
| SunX CRWD-USDT | 0.0000% | 8h | 249.03 | +0.004% | $2K | $1.2M | 10x | as long as short |
| HTX CRWD-USDT | 0.0000% | 8h | 249.21 | +0.076% | $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 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex CRWDUSDT | 0.0000% | 8h | 249.14 | +0.048% | $1.5M | $191K | 10x | as long as short |
| QFEX CRWD-USD | +0.0046% | 1h | 248.96 | −0.024% | $1.2M | $2.8M | 10x | as long as short |
| Extended CRWD_24_5-USD | +0.0048% | 1h | 248.86 | −0.065% | $99K | — | 10x | as long as short |
| tradeXYZ xyz:CRWD | +0.0050% | 1h | 248.95 | −0.028% | $867K | $627K | 10x | as long as short |
| KuCoin CRWDUSDTM | +0.0100% | 8h | 249.01 | −0.004% | $34K | $454K | 20x | as long as short |
| Phoenix CRWD | +0.0289% | 1h | 249.02 | 0.000% | $2 | $106K | 10x | as long as short |
| Paragon para:CRWDshort | +0.0328% | 1h | 248.64 | −0.151% | $84K | $108K | 10x |
Phemex CRWDUSDT
QFEX CRWD-USD
Extended CRWD_24_5-USD
tradeXYZ xyz:CRWD
KuCoin CRWDUSDTM
Phoenix CRWD