Settings8H · net · $10k
Funding arb · Price arb /

CRDO

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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 Bybit−0.016%7-day average −0.096% · you buy dearer than you sell
Net, funding: paid 7d − costs−$491as in the Funding arb table
Net, price: spread back to 7d avg − costs−$490as in the Price arb table
costs, in and out, $10k−$4984.975% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.066%+$7 on $10k
Price spread, last 4 days (all we have)−0.141%−$14 · spread now −0.016%, 7d avg −0.096%
Together, before fees−0.075%−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.080% dearer against Bybit than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.096%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CRDOUSDT185.010get 0.0000% / 8h3h 19m$703K$736K25x
ShortKuCoin CRDOUSDTM184.980.0100get 0.0100% / 8h3h 19m$193K$860K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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

Funding earned
$21
Price spread: −0.016% → −0.096%
$7.99
Slippage, 4 orders
−$474.53
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$468.53
Costs to cover
4.975%
Break-even
163.2 days
Slippage from Bybit: live order book, 30 min ago; KuCoin: live order book, 25 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 30 min ago3.99 bp19.8 bp −$20195.1 bp −$1,951doesn't fitdoesn't fit
Sell KuCoin live order book, 25 min ago2.67 bp177.3 bp −$177doesn't fitdoesn't fitdoesn't fit

CRDO on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CRDOUSDT−0.0276%8h185.03+0.011%$1.7M$1.4M20xas long as short
QFEX CRDO-USD−0.0009%1h185.49+0.259%$1.1M$2.5M10xas long as short
Aster CRDOUSDT0.0000%8h184.98−0.017%$37K$11K20xas long as short
Binance CRDOUSDT0.0000%8h184.87−0.076%$4.1M$8.4M20xas long as short
Bybit CRDOUSDTlong0.0000%8h185.01long leg$703K$736K25x
OKX CRDO-USDT-SWAP0.0000%8h185.15+0.076%$934K$1.4M20xas long as short
Gate CRDO_USDT0.0000%8h185.08+0.038%$646K$121K20xas long as short
Variational Omni CRDO0.0000%8h185.64+0.339%$231K$105Kas long as short
GRVT CRDO_USDT_Perp0.0000%8h186.02+0.544%$679$119K10xas long as short
SunX CRDO-USDT0.0000%8h184.87−0.076%$895$512K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX CRDO-USDT0.0000%8h185.37+0.195%$8K$40K20xas long as short
Extended CRDO_24_5-USD+0.0040%1h185.09+0.043%$1K5xas long as short
Vest CRDO-USD-PERP+0.0046%1h185.23+0.119%5xas long as short
KuCoin CRDOUSDTMshort+0.0100%8h184.98−0.016%$193K$860K20x
Paragon para:CRDO+0.1406%1h185.43+0.227%$1.3M$467K10xas long as short