Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.049%
Price spread now: Binance against KuCoin+0.065%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$486as in the Funding arb table
Net, price: spread back to 7d avg − costs−$476as in the Price arb table
costs, in and out, $10k−$4824.820% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 2 days (all we have)+0.060%+$6 · spread now +0.065%, 7d avg +0.002%
=The price spread pays, funding is against you. Binance is 0.063% dearer against KuCoin than usual: you sell high and buy low (spread +0.065% now, against its 7-day average of +0.002%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.1 days. At the pace of the last 7 days (−0.042% in total) that is about 10 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CRDOUSDTM | 188.53 | 0.0100 | pay 0.0100% / 8h | 20m 15s | $191K | $914K | 20x |
| Short | Binance CRDOUSDT | 188.65 | 0 | get 0.0000% / 8h | 20m 15s | $4.2M | $8.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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: +0.065% → +0.002%
- $6.32
- Slippage, 4 orders
- −$460.01
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$496.69
- Costs to cover
- 4.820%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 49 min ago; Binance: live order book, 4 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 KuCoin live order book, 49 min ago | 4.79 bp | 234.2 bp −$234 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 1.86 bp | 11.1 bp −$11 | 43.7 bp −$437 | 234.1 bp −$23.4K | 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 | −0.0027% | 1h | 188.63 | +0.053% | $1.1M | $3.1M | 10x | as long as short |
| Aster CRDOUSDT | 0.0000% | 8h | 188.67 | +0.075% | $38K | $11K | 20x | as long as short |
| Binance CRDOUSDTshort | 0.0000% | 8h | 188.65 | +0.065% | $4.2M | $8.4M | 20x | |
| Bybit CRDOUSDT | 0.0000% | 8h | 188.69 | +0.085% | $729K | $817K | 25x | as long as short |
| OKX CRDO-USDT-SWAP | 0.0000% | 8h | 188.72 | +0.101% | $894K | $1.5M | 20x | as long as short |
| Gate CRDO_USDT | 0.0000% | 8h | 188.76 | +0.122% | $657K | $140K | 20x | as long as short |
| Bitget CRDOUSDT | 0.0000% | 8h | 188.73 | +0.106% | $1.7M | $1.7M | 20x | as long as short |
| Variational Omni CRDO | 0.0000% | 8h | 188.62 | +0.050% | $201K | $34K | — | as long as short |
| GRVT CRDO_USDT_Perp | 0.0000% | 8h | 188.67 | +0.076% | $628 | $140K | 10x | as long as short |
| SunX CRDO-USDT | 0.0000% | 8h | 188.65 | +0.064% | $1K | $609K | 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 | 188.70 | +0.090% | $8K | $38K | 20x | as long as short |
| Extended CRDO_24_5-USD | +0.0040% | 1h | 188.71 | +0.098% | $1K | — | 5x | as long as short |
| Vest CRDO-USD-PERP | +0.0046% | 1h | 188.73 | +0.106% | — | — | 5x | as long as short |
| KuCoin CRDOUSDTMlong | +0.0100% | 8h | 188.53 | long leg | $191K | $914K | 20x | |
| Paragon para:CRDO | +0.0720% | 1h | 189.24 | +0.379% | $1.1M | $346K | 10x | as long as short |
KuCoin CRDOUSDTM
Binance CRDOUSDT
Aster CRDOUSDT
Bybit CRDOUSDT
OKX CRDO-USDT-SWAP
Gate CRDO_USDT
Bitget CRDOUSDT
Variational Omni CRDO
GRVT CRDO_USDT_Perp
SunX CRDO-USDT
HTX CRDO-USDT
Extended CRDO_24_5-USD
Paragon para:CRDO