Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.021%
Price spread now: KuCoin against Bitget−0.117%7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$442as in the Funding arb table
Net, price: spread back to 7d avg − costs−$452as in the Price arb table
costs, in and out, $10k−$4484.481% of the position
Funding, last 7 days+0.065%+$7 on $10k
+Price spread, last 4 days (all we have)+0.173%+$17 · spread now −0.117%, 7d avg −0.081%
=Funding pays, the price is against you. KuCoin is 0.036% cheaper against Bitget than usual: you would sell low and buy high (spread −0.117% now, against its 7-day average of −0.081%). If the spread goes back, that is −$4 on $10k: about 29 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.065% in total) that is about 3.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CRDOUSDT | 187.87 | 0 | get 0.0000% / 8h | 1h 17m | $1.7M | $1.7M | 20x |
| Short | KuCoin CRDOUSDTM | 187.65 | 0.0100 | get 0.0100% / 8h | 1h 17m | $191K | $939K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. 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
- $21
- Price spread: −0.117% → −0.081%
- −$3.58
- Slippage, 4 orders
- −$424.14
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$430.71
- Costs to cover
- 4.481%
- Break-even
- 150.6 days
Slippage from Bitget: live order book, 4 min ago; KuCoin: live order book, 57 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 Bitget live order book, 4 min ago | 2.13 bp | 21.8 bp −$22 | 41.2 bp −$412 | 148.4 bp −$14.8K | doesn't fit |
| Sell KuCoin live order book, 57 min ago | 4.01 bp | 270.3 bp −$270 | 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 | −0.0001% | 1h | 187.77 | −0.053% | $1.1M | $3.1M | 10x | as long as short |
| Aster CRDOUSDT | 0.0000% | 8h | 187.83 | −0.021% | $38K | $11K | 20x | as long as short |
| Binance CRDOUSDT | 0.0000% | 8h | 187.63 | −0.127% | $4.2M | $8.5M | 20x | as long as short |
| Bybit CRDOUSDT | 0.0000% | 8h | 187.67 | −0.106% | $727K | $841K | 25x | as long as short |
| OKX CRDO-USDT-SWAP | 0.0000% | 8h | 187.81 | −0.032% | $884K | $1.6M | 20x | as long as short |
| Gate CRDO_USDT | 0.0000% | 8h | 187.93 | +0.032% | $652K | $139K | 20x | as long as short |
| Bitget CRDOUSDTlong | 0.0000% | 8h | 187.87 | long leg | $1.7M | $1.7M | 20x | |
| Variational Omni CRDO | 0.0000% | 8h | 188.03 | +0.086% | $201K | $34K | — | as long as short |
| GRVT CRDO_USDT_Perp | 0.0000% | 8h | 188.06 | +0.101% | $794 | $143K | 10x | as long as short |
| SunX CRDO-USDT | 0.0000% | 8h | 188.04 | +0.090% | $1K | $634K | 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 | 187.99 | +0.064% | $8K | $38K | 20x | as long as short |
| Extended CRDO_24_5-USD | +0.0040% | 1h | 187.42 | −0.237% | $1K | — | 5x | as long as short |
| Vest CRDO-USD-PERP | +0.0046% | 1h | 187.90 | +0.016% | — | — | 5x | as long as short |
| KuCoin CRDOUSDTMshort | +0.0100% | 8h | 187.65 | −0.117% | $191K | $939K | 20x | |
| Paragon para:CRDO | +0.0461% | 1h | 187.83 | −0.022% | $933K | $252K | 10x | as long as short |
Bitget CRDOUSDT
KuCoin CRDOUSDTM
Aster CRDOUSDT
Binance CRDOUSDT
Bybit CRDOUSDT
OKX CRDO-USDT-SWAP
Gate CRDO_USDT
Variational Omni CRDO
GRVT CRDO_USDT_Perp
SunX CRDO-USDT
HTX CRDO-USDT
Extended CRDO_24_5-USD
Paragon para:CRDO