Funding you earn now, next payment 07:00 UTC−0.0378%/8h= −41.4% APRpaid last 24h −0.056%
Price spread now: Bitget against Paragon+0.200%7-day average −0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$1191.193% of the position
Funding, last 7 days+0.191%+$19 on $10k
+Price spread, last 4 days (all we have)−0.229%−$23 · spread now +0.200%, 7d avg −0.081%
=The price spread pays, funding is against you. Bitget is 0.280% dearer against Paragon than usual: you sell high and buy low (spread +0.200% now, against its 7-day average of −0.081%): +$28 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 2.5 days. Mind the row above: over the last 7 days funding on this pair paid +0.191%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.191% in total (about 10.0% 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 | Paragon para:CRWD | 250.36 | 0.0378 | pay 0.0047% / 1h | 39m 17s | $84K | $108K | 10x |
| Short | Bitget CRWDUSDT | 250.86 | 0 | get 0.0000% / 8h | 1h 39m | $314K | $436K | 20x |
Paragon para:CRWD
Bitget CRWDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$79.4
- Price spread: +0.200% → −0.081%
- $28.05
- Slippage, 4 orders
- −$97.26
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$170.61
- Costs to cover
- 1.193%
- Break-even
- never at this rate
Slippage from Paragon: live order book, 26 min ago; Bitget: live order book, just now.
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, 26 min ago | 2.79 bp | 31.9 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, just now | 18.14 bp | 36.2 bp −$36 | 71.7 bp −$717 | 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 | 244.15 | −2.480% | $21K | $20K | 12x | as long as short |
| Aster CRWDUSDT | 0.0000% | 8h | 250.59 | +0.091% | $4K | $37K | 20x | as long as short |
| Binance CRWDUSDT | 0.0000% | 8h | 250.69 | +0.132% | $2.5M | $7.1M | 25x | as long as short |
| Bybit CRWDUSDT | 0.0000% | 8h | 250.46 | +0.040% | $1.1M | $555K | 25x | as long as short |
| OKX CRWD-USDT-SWAP | 0.0000% | 8h | 250.44 | +0.032% | $592K | $701K | 25x | as long as short |
| Bitget CRWDUSDTshort | 0.0000% | 8h | 250.86 | +0.200% | $314K | $436K | 20x | |
| Variational Omni CRWD | 0.0000% | 8h | 250.63 | +0.108% | $67K | $60K | — | as long as short |
| SunX CRWD-USDT | 0.0000% | 8h | 250.87 | +0.204% | $2K | $1.1M | 10x | as long as short |
| HTX CRWD-USDT | 0.0000% | 8h | 250.80 | +0.176% | $6K | $7K | 20x | as long as short |
| Phemex CRWDUSDT | 0.0000% | 8h | 250.69 | +0.132% | $1.5M | $210K | 10x | as long as short |
Injective CRWD/USDC PERP
Aster CRWDUSDT
Binance CRWDUSDT
Bybit CRWDUSDT
OKX CRWD-USDT-SWAP
Variational Omni CRWD
SunX CRWD-USDT
HTX CRWD-USDT
Phemex CRWDUSDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin CRWD-USDT | +0.0021% | 8h | 250.63 | +0.108% | $72K | $24K | 25x | as long as short |
| GRVT CRWD_USDT_Perp | +0.0048% | 8h | 250.70 | +0.136% | $817 | $124K | 10x | as long as short |
| Extended CRWD_24_5-USD | +0.0048% | 1h | 250.47 | +0.044% | $100K | — | 10x | as long as short |
| tradeXYZ xyz:CRWD | +0.0050% | 1h | 250.44 | +0.032% | $892K | $676K | 10x | as long as short |
| QFEX CRWD-USD | +0.0064% | 1h | 250.65 | +0.116% | $1.2M | $2.7M | 10x | as long as short |
| KuCoin CRWDUSDTM | +0.0100% | 8h | 250.61 | +0.100% | $34K | $268K | 20x | as long as short |
| Phoenix CRWD | +0.0286% | 1h | 250.48 | +0.048% | $4 | $106K | 10x | as long as short |
| Paragon para:CRWDlong | +0.0378% | 1h | 250.36 | long leg | $84K | $108K | 10x |
BloFin CRWD-USDT
GRVT CRWD_USDT_Perp
Extended CRWD_24_5-USD
tradeXYZ xyz:CRWD
QFEX CRWD-USD
KuCoin CRWDUSDTM
Phoenix CRWD