Funding you earn now, next payment 08:00 UTC−0.1635%/8h= −179.0% APRnext payment −$16.35 per $10,000 · paid last 24h −0.030%
Price spread now: Bitget against KuCoin+0.022%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$519as in the Funding arb table
Net, price: spread back to 7d avg − costs−$516as in the Price arb table
costs, in and out, $10k−$5105.101% of the position
Funding, last 7 days−0.085%−$8 on $10k
+Price spread, last 4 days (all we have)−0.081%−$8 · spread now +0.022%, 7d avg +0.078%
=Both sides work against this trade now: funding costs −$49 a day on $10k at the current rate, and Bitget is 0.056% cheaper against KuCoin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.078%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.085% in total (about -4.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$16.35 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CRDOUSDTM | 182.38 | 0.0100 | pay 0.0100% / 8h | 2h 33m | $193K | $849K | 20x |
| Short | Bitget CRDOUSDT | 182.42 | −0.1535 | pay 0.1535% / 8h | 2h 33m | $1.6M | $1.6M | 20x |
KuCoin CRDOUSDTM
Bitget CRDOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$343.35
- Price spread: +0.022% → +0.078%
- −$5.64
- Slippage, 4 orders
- −$486.13
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$859.12
- Costs to cover
- 5.101%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; Bitget: live order book, 3 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, 6 min ago | 5.22 bp | 254.8 bp −$255 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 7.36 bp | 21.0 bp −$21 | 96.6 bp −$966 | 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 CRDOUSDTshort | −0.1535% | 8h | 182.42 | +0.022% | $1.6M | $1.6M | 20x | |
| QFEX CRDO-USD | −0.0006% | 1h | 182.23 | −0.082% | $1.1M | $2.4M | 10x | as long as short |
| Aster CRDOUSDT | 0.0000% | 8h | 182.25 | −0.072% | $37K | $11K | 20x | as long as short |
| Binance CRDOUSDT | 0.0000% | 8h | 182.12 | −0.143% | $4.0M | $8.9M | 20x | as long as short |
| Bybit CRDOUSDT | 0.0000% | 8h | 182.20 | −0.099% | $695K | $758K | 25x | as long as short |
| OKX CRDO-USDT-SWAP | 0.0000% | 8h | 182.20 | −0.099% | $911K | $1.6M | 20x | as long as short |
| Gate CRDO_USDT | 0.0000% | 8h | 182.46 | +0.044% | $651K | $126K | 20x | as long as short |
| Variational Omni CRDO | 0.0000% | 8h | 183.11 | +0.401% | $198K | $133K | — | as long as short |
| GRVT CRDO_USDT_Perp | 0.0000% | 8h | 182.74 | +0.197% | $252 | $125K | 10x | as long as short |
| SunX CRDO-USDT | 0.0000% | 8h | 182.75 | +0.203% | $819 | $511K | 10x | as long as short |
QFEX CRDO-USD
Aster CRDOUSDT
Binance CRDOUSDT
Bybit CRDOUSDT
OKX CRDO-USDT-SWAP
Gate CRDO_USDT
Variational Omni CRDO
GRVT CRDO_USDT_Perp
SunX CRDO-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CRDO-USDT | 0.0000% | 8h | 182.49 | +0.060% | $8K | $41K | 20x | as long as short |
| Extended CRDO_24_5-USD | +0.0040% | 1h | 182.06 | −0.175% | $1K | — | 5x | as long as short |
| Vest CRDO-USD-PERP | +0.0046% | 1h | 182.39 | +0.005% | — | — | 5x | as long as short |
| KuCoin CRDOUSDTMlong | +0.0100% | 8h | 182.38 | long leg | $193K | $849K | 20x | |
| Paragon para:CRDO | +0.0964% | 1h | 182.47 | +0.049% | $1.3M | $469K | 10x | as long as short |
HTX CRDO-USDT
Extended CRDO_24_5-USD
Vest CRDO-USD-PERP
Paragon para:CRDO