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: OKX against KuCoin+0.042%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$523as in the Funding arb table
Net, price: spread back to 7d avg − costs−$511as in the Price arb table
costs, in and out, $10k−$5145.141% of the position
Funding, last 7 days−0.087%−$9 on $10k
+Price spread, last 4 days (all we have)+0.372%+$37 · spread now +0.042%, 7d avg +0.015%
=The price spread pays, funding is against you. OKX is 0.028% dearer against KuCoin than usual: you sell high and buy low (spread +0.042% now, against its 7-day average of +0.015%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 22 hours. At the pace of the last 7 days (−0.087% in total) that is about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CRDOUSDTM | 189.49 | 0.0100 | pay 0.0100% / 8h | 5h 04m | $197K | $889K | 20x |
| Short | OKX CRDO-USDT-SWAP | 189.57 | 0 | get 0.0000% / 8h | 5h 04m | $915K | $1.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.042% → +0.015%
- $2.77
- Slippage, 4 orders
- −$492.13
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$532.37
- Costs to cover
- 5.141%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 50 min ago; OKX: live order book, 2 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, 50 min ago | 2.91 bp | 214.8 bp −$215 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 2.11 bp | 14.6 bp −$15 | 37.9 bp −$379 | 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 | −0.0024% | 1h | 189.51 | +0.011% | $1.1M | $2.7M | 10x | as long as short |
| Aster CRDOUSDT | 0.0000% | 8h | 189.70 | +0.110% | $38K | $11K | 20x | as long as short |
| Binance CRDOUSDT | 0.0000% | 8h | 189.53 | +0.021% | $4.2M | $8.1M | 20x | as long as short |
| Bybit CRDOUSDT | 0.0000% | 8h | 189.66 | +0.090% | $718K | $740K | 25x | as long as short |
| OKX CRDO-USDT-SWAPshort | 0.0000% | 8h | 189.57 | +0.042% | $915K | $1.4M | 20x | |
| Gate CRDO_USDT | 0.0000% | 8h | 189.61 | +0.063% | $659K | $120K | 20x | as long as short |
| Bitget CRDOUSDT | 0.0000% | 8h | 189.42 | −0.037% | $1.7M | $1.6M | 20x | as long as short |
| Variational Omni CRDO | 0.0000% | 8h | 189.46 | −0.014% | $222K | $59K | — | as long as short |
| GRVT CRDO_USDT_Perp | 0.0000% | 8h | 189.55 | +0.030% | $849 | $115K | 10x | as long as short |
| SunX CRDO-USDT | 0.0000% | 8h | 189.50 | +0.005% | $857 | $513K | 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 | 189.68 | +0.100% | $8K | $40K | 20x | as long as short |
| Extended CRDO_24_5-USD | +0.0040% | 1h | 189.59 | +0.053% | $1K | — | 5x | as long as short |
| Vest CRDO-USD-PERP | +0.0046% | 1h | 189.59 | +0.053% | — | — | 5x | as long as short |
| KuCoin CRDOUSDTMlong | +0.0100% | 8h | 189.49 | long leg | $197K | $889K | 20x | |
| Paragon para:CRDO | +0.1481% | 1h | 189.70 | +0.111% | $1.3M | $459K | 10x | as long as short |
KuCoin CRDOUSDTM
OKX CRDO-USDT-SWAP
Aster CRDOUSDT
Binance CRDOUSDT
Bybit CRDOUSDT
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