CRDO

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%

Price spread now: Bybit against KuCoin−0.171%7-day average +0.094% · you buy dearer than you sell

Net, funding: paid 7d − costs−$669as in the Funding arb table

Net, price: spread back to 7d avg − costs−$684as in the Price arb table

costs, in and out, $10k−$6576.574% of the position

Long on KuCoin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.111%−$11 on $10k

Price spread, last 4 days (all we have)+0.626%+$63 · spread now −0.171%, 7d avg +0.094%

Together, before fees+0.514%+$51 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.264% cheaper against KuCoin than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of +0.094%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin CRDOUSDTM	181.50	0.0100	pay 0.0100% / 8h	7h 32m	$192K	$842K	20x
Short	Bybit CRDOUSDT	181.19	0	get 0.0000% / 8h	7h 32m	$680K	$727K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee BybitbpOrdersPrice spread, now −0.171%Rate

Funding earned: −$21
Price spread: −0.171% → +0.094%: −$26.44
Slippage, 4 orders: −$634.44
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$704.88
Costs to cover: 6.574%
Break-even: never at this rate

Slippage from KuCoin: live order book, 42 min ago; Bybit: live order book, 63 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, 42 min ago	3.28 bp	302.8 bp −$303	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 63 min ago	4.64 bp	35.8 bp −$36	166.8 bp −$1,668	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
GRVT CRDO_USDT_Perp	−0.1115%	8h	181.52	+0.011%	$427	$132K	10x	as long as short
Bitget CRDOUSDT	−0.0921%	8h	181.04	−0.253%	$1.7M	$1.9M	20x	as long as short
QFEX CRDO-USD	−0.0028%	1h	181.32	−0.099%	$1.1M	$2.3M	10x	as long as short
Aster CRDOUSDT	0.0000%	8h	181.77	+0.150%	$36K	$11K	20x	as long as short
Binance CRDOUSDT	0.0000%	8h	181.06	−0.244%	$4.0M	$9.6M	20x	as long as short
Bybit CRDOUSDTshort	0.0000%	8h	181.19	−0.171%	$680K	$727K	25x
OKX CRDO-USDT-SWAP	0.0000%	8h	181.09	−0.226%	$894K	$1.7M	20x	as long as short
Gate CRDO_USDT	0.0000%	8h	181.37	−0.072%	$623K	$138K	20x	as long as short
Variational Omni CRDO	0.0000%	8h	181.49	−0.005%	$198K	$132K	—	as long as short
SunX CRDO-USDT	0.0000%	8h	181.17	−0.182%	$973	$431K	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	181.12	−0.209%	$8K	$42K	20x	as long as short
Extended CRDO_24_5-USD	+0.0040%	1h	181.37	−0.073%	$1K	—	5x	as long as short
Vest CRDO-USD-PERP	+0.0046%	1h	181.30	−0.110%	—	—	5x	as long as short
KuCoin CRDOUSDTMlong	+0.0100%	8h	181.50	long leg	$192K	$842K	20x
Paragon para:CRDO	+0.1069%	1h	181.44	−0.035%	$1.2M	$482K	10x	as long as short