Funding you earn now, next payment 09:00 UTC−0.0028%/8h= −3.1% APRpaid last 24h −0.003%
Price spread now: QFEX against Binance+0.349%7-day average −0.038% · 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−$22as in the Price arb table
costs, in and out, $10k−$600.604% of the position
Funding, last 4 days (all we have)−0.086%−$9 on $10k
+Price spread, last 7 days−0.404%−$40 · spread now +0.349%, 7d avg −0.038%
=The price spread pays, funding is against you. QFEX is 0.387% dearer against Binance than usual: you sell high and buy low (spread +0.349% now, against its 7-day average of −0.038%): +$39 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 46 days. At the pace of the last 4 days (−0.086% in total) that is about 17 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CRDOUSDT | 183.57 | 0 | get 0.0000% / 8h | 7h 00m | $4.0M | $9.7M | 20x |
| Short | QFEX CRDO-USD | 184.21 | −0.0028 | pay 0.0003% / 1h | 0m 58s | $1.1M | $2.2M | 10x |
Binance CRDOUSDT
QFEX CRDO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$5.86
- Price spread: +0.349% → −0.038%
- $38.71
- Slippage, 4 orders
- −$40.37
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$27.52
- Costs to cover
- 0.604%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; QFEX: live order book, 7 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, 9 min ago | 1.90 bp | 16.9 bp −$17 | 55.3 bp −$553 | 177.5 bp −$17.7K | doesn't fit |
| Sell QFEX live order book, 7 min ago | 3.53 bp | 10.8 bp −$11 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CRDOUSDT | −0.0714% | 8h | 183.72 | +0.082% | $1.8M | $1.9M | 20x | as long as short |
| QFEX CRDO-USDshort | −0.0028% | 1h | 184.21 | +0.349% | $1.1M | $2.2M | 10x | |
| Aster CRDOUSDT | 0.0000% | 8h | 183.39 | −0.099% | $37K | $11K | 20x | as long as short |
| Binance CRDOUSDTlong | 0.0000% | 8h | 183.57 | long leg | $4.0M | $9.7M | 20x | |
| Bybit CRDOUSDT | 0.0000% | 8h | 183.68 | +0.060% | $691K | $696K | 25x | as long as short |
| OKX CRDO-USDT-SWAP | 0.0000% | 8h | 183.64 | +0.038% | $931K | $1.7M | 20x | as long as short |
| Gate CRDO_USDT | 0.0000% | 8h | 184.03 | +0.251% | $634K | $140K | 20x | as long as short |
| Variational Omni CRDO | 0.0000% | 8h | 184.25 | +0.373% | $200K | $131K | — | as long as short |
| GRVT CRDO_USDT_Perp | 0.0000% | 8h | 184.44 | +0.474% | $515 | $129K | 10x | as long as short |
| SunX CRDO-USDT | 0.0000% | 8h | 183.99 | +0.229% | $1K | $418K | 10x | as long as short |
Bitget CRDOUSDT
Aster CRDOUSDT
Bybit CRDOUSDT
OKX CRDO-USDT-SWAP
Gate CRDO_USDT
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 | 184.45 | +0.479% | $8K | $42K | 20x | as long as short |
| Extended CRDO_24_5-USD | +0.0040% | 1h | 183.36 | −0.116% | $1K | — | 5x | as long as short |
| Vest CRDO-USD-PERP | +0.0046% | 1h | 184.13 | +0.305% | — | — | 5x | as long as short |
| KuCoin CRDOUSDTM | +0.0100% | 8h | 183.94 | +0.202% | $190K | $877K | 20x | as long as short |
| Paragon para:CRDO | +0.0912% | 1h | 184.47 | +0.490% | $1.3M | $484K | 10x | as long as short |
HTX CRDO-USDT
Extended CRDO_24_5-USD
Vest CRDO-USD-PERP
KuCoin CRDOUSDTM
Paragon para:CRDO