Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.032%
Price spread now: KuCoin against Gate−0.165%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$463as in the Funding arb table
Net, price: spread back to 7d avg − costs−$497as in the Price arb table
costs, in and out, $10k−$4844.843% of the position
Funding, last 7 days+0.212%+$21 on $10k
+Price spread, last 4 days (all we have)+0.227%+$23 · spread now −0.165%, 7d avg −0.043%
=Funding pays, the price is against you. KuCoin is 0.122% cheaper against Gate than usual: you would sell low and buy high (spread −0.165% now, against its 7-day average of −0.043%). If the spread goes back, that is −$12 on $10k: about 4.1 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CRDO_USDT | 188.00 | 0 | get 0.0000% / 8h | 1h 13m | $652K | $139K | 20x |
| Short | KuCoin CRDOUSDTM | 187.69 | 0.0100 | get 0.0100% / 8h | 1h 13m | $192K | $939K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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: −0.165% → −0.043%
- −$12.21
- Slippage, 4 orders
- −$457.35
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$475.55
- Costs to cover
- 4.843%
- Break-even
- 165.5 days
Slippage from Gate: live order book, 2 min ago; KuCoin: live order book, 61 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 Gate live order book, 2 min ago | 4.79 bp | 32.8 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 61 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 | 187.96 | −0.021% | $1.1M | $3.1M | 10x | as long as short |
| Aster CRDOUSDT | 0.0000% | 8h | 188.04 | +0.021% | $38K | $11K | 20x | as long as short |
| Binance CRDOUSDT | 0.0000% | 8h | 187.82 | −0.095% | $4.2M | $8.5M | 20x | as long as short |
| Bybit CRDOUSDT | 0.0000% | 8h | 187.73 | −0.144% | $728K | $841K | 25x | as long as short |
| OKX CRDO-USDT-SWAP | 0.0000% | 8h | 187.88 | −0.064% | $884K | $1.6M | 20x | as long as short |
| Gate CRDO_USDTlong | 0.0000% | 8h | 188.00 | long leg | $652K | $139K | 20x | |
| Bitget CRDOUSDT | 0.0000% | 8h | 187.87 | −0.069% | $1.7M | $1.7M | 20x | as long as short |
| Variational Omni CRDO | 0.0000% | 8h | 187.70 | −0.159% | $200K | $34K | — | as long as short |
| GRVT CRDO_USDT_Perp | 0.0000% | 8h | 187.75 | −0.133% | $792 | $143K | 10x | as long as short |
| SunX CRDO-USDT | 0.0000% | 8h | 187.81 | −0.101% | $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 | 187.73 | −0.144% | $8K | $38K | 20x | as long as short |
| Extended CRDO_24_5-USD | +0.0040% | 1h | 187.70 | −0.161% | $1K | — | 5x | as long as short |
| Vest CRDO-USD-PERP | +0.0046% | 1h | 188.06 | +0.032% | — | — | 5x | as long as short |
| KuCoin CRDOUSDTMshort | +0.0100% | 8h | 187.69 | −0.165% | $192K | $939K | 20x | |
| Paragon para:CRDO | +0.0455% | 1h | 187.76 | −0.126% | $933K | $252K | 10x | as long as short |
Gate CRDO_USDT
KuCoin CRDOUSDTM
Aster CRDOUSDT
Binance CRDOUSDT
Bybit CRDOUSDT
OKX CRDO-USDT-SWAP
Bitget CRDOUSDT
Variational Omni CRDO
GRVT CRDO_USDT_Perp
SunX CRDO-USDT
HTX CRDO-USDT
Extended CRDO_24_5-USD
Paragon para:CRDO