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: Gate against KuCoin−0.032%7-day average +0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$579as in the Funding arb table
Net, price: spread back to 7d avg − costs−$565as in the Price arb table
costs, in and out, $10k−$5585.581% of the position
Funding, last 7 days−0.212%−$21 on $10k
+Price spread, last 4 days (all we have)−0.012%−$1 · spread now −0.032%, 7d avg +0.042%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.073% cheaper against KuCoin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.042%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CRDOUSDTM | 189.52 | 0.0100 | pay 0.0100% / 8h | 6h 46m | $197K | $899K | 20x |
| Short | Gate CRDO_USDT | 189.46 | 0 | get 0.0000% / 8h | 6h 46m | $658K | $120K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.032% → +0.042%
- −$7.32
- Slippage, 4 orders
- −$531.05
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$586.37
- Costs to cover
- 5.581%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 13 min ago; Gate: live order book, 20 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, 13 min ago | 6.31 bp | 269.4 bp −$269 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 20 min ago | 6.82 bp | 23.2 bp −$23 | 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 | −0.0017% | 1h | 189.40 | −0.063% | $1.1M | $3.0M | 10x | as long as short |
| Aster CRDOUSDT | 0.0000% | 8h | 189.63 | +0.057% | $38K | $11K | 20x | as long as short |
| Binance CRDOUSDT | 0.0000% | 8h | 189.47 | −0.028% | $4.2M | $8.2M | 20x | as long as short |
| Bybit CRDOUSDT | 0.0000% | 8h | 189.51 | −0.005% | $716K | $810K | 25x | as long as short |
| OKX CRDO-USDT-SWAP | 0.0000% | 8h | 189.42 | −0.053% | $914K | $1.5M | 20x | as long as short |
| Gate CRDO_USDTshort | 0.0000% | 8h | 189.46 | −0.032% | $658K | $120K | 20x | |
| Bitget CRDOUSDT | 0.0000% | 8h | 189.47 | −0.026% | $1.7M | $1.6M | 20x | as long as short |
| Variational Omni CRDO | 0.0000% | 8h | 189.32 | −0.105% | $222K | $59K | — | as long as short |
| GRVT CRDO_USDT_Perp | 0.0000% | 8h | 189.53 | +0.006% | $256 | $132K | 10x | as long as short |
| SunX CRDO-USDT | 0.0000% | 8h | 189.37 | −0.079% | $964 | $555K | 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 | 189.39 | −0.069% | $8K | $39K | 20x | as long as short |
| Extended CRDO_24_5-USD | +0.0040% | 1h | 189.58 | +0.034% | $1K | — | 5x | as long as short |
| Vest CRDO-USD-PERP | +0.0046% | 1h | 189.37 | −0.079% | — | — | 5x | as long as short |
| KuCoin CRDOUSDTMlong | +0.0100% | 8h | 189.52 | long leg | $197K | $899K | 20x | |
| Paragon para:CRDO | +0.1701% | 1h | 189.87 | +0.186% | $1.3M | $440K | 10x | as long as short |
KuCoin CRDOUSDTM
Gate CRDO_USDT
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