CRDO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against Binance−0.037%7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$509as in the Funding arb table

Net, price: spread back to 7d avg − costs−$516as in the Price arb table

costs, in and out, $10k−$5145.143% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.055%+$6 on $10k

Price spread, last 4 days (all we have)+0.078%+$8 · spread now −0.037%, 7d avg −0.016%

Together, before fees+0.133%+$13 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.021% cheaper against Binance than usual: you would sell low and buy high (spread −0.037% now, against its 7-day average of −0.016%). If the spread goes back, that is −$2 on $10k: about 17 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.055% in total) that is about 2.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance CRDOUSDT	189.60	0	get 0.0000% / 8h	5h 05m	$4.2M	$8.1M	20x
Short	KuCoin CRDOUSDTM	189.53	0.0100	get 0.0100% / 8h	5h 05m	$197K	$889K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee KuCoinbpOrdersPrice spread, now −0.037%Rate

Funding earned: $21
Price spread: −0.037% → −0.016%: −$2.14
Slippage, 4 orders: −$492.3
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$495.44
Costs to cover: 5.143%
Break-even: 172.1 days

Slippage from Binance: live order book, 4 min ago; KuCoin: live order book, 49 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, 4 min ago	1.32 bp	14.0 bp −$14	64.0 bp −$640	219.3 bp −$21.9K	doesn't fit
Sell KuCoin live order book, 49 min ago	2.91 bp	272.6 bp −$273	doesn't fit	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-USD	−0.0024%	1h	189.51	−0.048%	$1.1M	$2.7M	10x	as long as short
Aster CRDOUSDT	0.0000%	8h	189.72	+0.061%	$38K	$11K	20x	as long as short
Binance CRDOUSDTlong	0.0000%	8h	189.60	long leg	$4.2M	$8.1M	20x
Bybit CRDOUSDT	0.0000%	8h	189.69	+0.047%	$718K	$740K	25x	as long as short
OKX CRDO-USDT-SWAP	0.0000%	8h	189.68	+0.042%	$915K	$1.4M	20x	as long as short
Gate CRDO_USDT	0.0000%	8h	189.66	+0.031%	$659K	$120K	20x	as long as short
Bitget CRDOUSDT	0.0000%	8h	189.42	−0.095%	$1.7M	$1.6M	20x	as long as short
Variational Omni CRDO	0.0000%	8h	189.46	−0.073%	$222K	$59K	—	as long as short
GRVT CRDO_USDT_Perp	0.0000%	8h	189.55	−0.029%	$849	$115K	10x	as long as short
SunX CRDO-USDT	0.0000%	8h	189.50	−0.053%	$857	$513K	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX CRDO-USDT	0.0000%	8h	189.68	+0.042%	$8K	$40K	20x	as long as short
Extended CRDO_24_5-USD	+0.0040%	1h	189.62	+0.010%	$1K	—	5x	as long as short
Vest CRDO-USD-PERP	+0.0046%	1h	189.56	−0.021%	—	—	5x	as long as short
KuCoin CRDOUSDTMshort	+0.0100%	8h	189.53	−0.037%	$197K	$889K	20x
Paragon para:CRDO	+0.1484%	1h	189.70	+0.052%	$1.3M	$460K	10x	as long as short