Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.032%
Price spread now: KuCoin against OKX−0.165%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$437as in the Funding arb table
Net, price: spread back to 7d avg − costs−$457as in the Price arb table
costs, in and out, $10k−$4424.416% of the position
Funding, last 7 days+0.043%+$4 on $10k
+Price spread, last 4 days (all we have)+0.106%+$11 · spread now −0.165%, 7d avg −0.013%
=Funding pays, the price is against you. KuCoin is 0.152% cheaper against OKX than usual: you would sell low and buy high (spread −0.165% now, against its 7-day average of −0.013%). If the spread goes back, that is −$15 on $10k: about 5.1 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.043% in total) that is about 25 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX CRDO-USDT-SWAP | 187.34 | 0 | get 0.0000% / 8h | 1h 45m | $882K | $1.6M | 20x |
| Short | KuCoin CRDOUSDTM | 187.03 | 0.0100 | get 0.0100% / 8h | 1h 45m | $191K | $942K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against OKX. 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: −0.165% → −0.013%
- −$15.21
- Slippage, 4 orders
- −$419.57
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$435.78
- Costs to cover
- 4.416%
- Break-even
- 152.3 days
Slippage from OKX: live order book, 2 min ago; KuCoin: live order book, 29 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 OKX live order book, 2 min ago | 3.47 bp | 20.8 bp −$21 | 50.6 bp −$506 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 29 min ago | 4.01 bp | 270.3 bp −$270 | 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 | −0.0001% | 1h | 187.24 | −0.053% | $1.1M | $3.0M | 10x | as long as short |
| Aster CRDOUSDT | 0.0000% | 8h | 187.44 | +0.053% | $38K | $11K | 20x | as long as short |
| Binance CRDOUSDT | 0.0000% | 8h | 187.22 | −0.061% | $4.2M | $8.6M | 20x | as long as short |
| Bybit CRDOUSDT | 0.0000% | 8h | 187.21 | −0.069% | $734K | $843K | 25x | as long as short |
| OKX CRDO-USDT-SWAPlong | 0.0000% | 8h | 187.34 | long leg | $882K | $1.6M | 20x | |
| Gate CRDO_USDT | 0.0000% | 8h | 187.19 | −0.080% | $651K | $139K | 20x | as long as short |
| Bitget CRDOUSDT | 0.0000% | 8h | 187.33 | −0.005% | $1.7M | $1.7M | 20x | as long as short |
| Variational Omni CRDO | 0.0000% | 8h | 187.18 | −0.086% | $201K | $33K | — | as long as short |
| GRVT CRDO_USDT_Perp | 0.0000% | 8h | 187.14 | −0.106% | $689 | $154K | 10x | as long as short |
| SunX CRDO-USDT | 0.0000% | 8h | 187.16 | −0.096% | $1K | $642K | 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 | 187.23 | −0.059% | $8K | $38K | 20x | as long as short |
| Extended CRDO_24_5-USD | +0.0040% | 1h | 187.21 | −0.070% | $1K | — | 5x | as long as short |
| Vest CRDO-USD-PERP | +0.0046% | 1h | 187.37 | +0.016% | — | — | 5x | as long as short |
| KuCoin CRDOUSDTMshort | +0.0100% | 8h | 187.03 | −0.165% | $191K | $942K | 20x | |
| Paragon para:CRDO | +0.0514% | 1h | 187.32 | −0.013% | $931K | $259K | 10x | as long as short |
OKX CRDO-USDT-SWAP
KuCoin CRDOUSDTM
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