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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CRDOUSDT | 185.01 | 0 | get 0.0000% / 8h | 3h 19m | $703K | $736K | 25x |
| Short | KuCoin CRDOUSDTM | 184.98 | 0.0100 | get 0.0100% / 8h | 3h 19m | $193K | $860K | 20x |
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 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: −0.016% → −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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 30 min ago | 3.99 bp | 19.8 bp −$20 | 195.1 bp −$1,951 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 25 min ago | 2.67 bp | 177.3 bp −$177 | 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 | −0.0276% | 8h | 185.03 | +0.011% | $1.7M | $1.4M | 20x | as long as short |
| QFEX CRDO-USD | −0.0009% | 1h | 185.49 | +0.259% | $1.1M | $2.5M | 10x | as long as short |
| Aster CRDOUSDT | 0.0000% | 8h | 184.98 | −0.017% | $37K | $11K | 20x | as long as short |
| Binance CRDOUSDT | 0.0000% | 8h | 184.87 | −0.076% | $4.1M | $8.4M | 20x | as long as short |
| Bybit CRDOUSDTlong | 0.0000% | 8h | 185.01 | long leg | $703K | $736K | 25x | |
| OKX CRDO-USDT-SWAP | 0.0000% | 8h | 185.15 | +0.076% | $934K | $1.4M | 20x | as long as short |
| Gate CRDO_USDT | 0.0000% | 8h | 185.08 | +0.038% | $646K | $121K | 20x | as long as short |
| Variational Omni CRDO | 0.0000% | 8h | 185.64 | +0.339% | $231K | $105K | — | as long as short |
| GRVT CRDO_USDT_Perp | 0.0000% | 8h | 186.02 | +0.544% | $679 | $119K | 10x | as long as short |
| SunX CRDO-USDT | 0.0000% | 8h | 184.87 | −0.076% | $895 | $512K | 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 | 185.37 | +0.195% | $8K | $40K | 20x | as long as short |
| Extended CRDO_24_5-USD | +0.0040% | 1h | 185.09 | +0.043% | $1K | — | 5x | as long as short |
| Vest CRDO-USD-PERP | +0.0046% | 1h | 185.23 | +0.119% | — | — | 5x | as long as short |
| KuCoin CRDOUSDTMshort | +0.0100% | 8h | 184.98 | −0.016% | $193K | $860K | 20x | |
| Paragon para:CRDO | +0.1406% | 1h | 185.43 | +0.227% | $1.3M | $467K | 10x | as long as short |
Bybit CRDOUSDT
KuCoin CRDOUSDTM
Bitget CRDOUSDT
Aster CRDOUSDT
Binance 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