CRDO

Alert: funding

Alert: spread

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: KuCoin against Binance−0.040%7-day average −0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$430as in the Funding arb table

Net, price: spread back to 7d avg − costs−$439as in the Price arb table

costs, in and out, $10k−$4354.352% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.055%+$6 on $10k

Price spread, last 2 days (all we have)−0.076%−$8 · spread now −0.040%, 7d avg −0.004%

Together, before fees−0.021%−$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.036% cheaper against Binance than usual: you would sell low and buy high (spread −0.040% now, against its 7-day average of −0.004%). If the spread goes back, that is −$4 on $10k: about 29 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.055% in total) that is about 4.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance CRDOUSDT	190.34	0	get 0.0000% / 8h	7h 46m	$4.3M	$8.3M	20x
Short	KuCoin CRDOUSDTM	190.26	0.0100	get 0.0100% / 8h	7h 46m	$195K	$909K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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 BinancebpFee KuCoinbpOrdersPrice spread, now −0.040%Rate

Funding earned: $21
Price spread: −0.040% → −0.004%: −$3.56
Slippage, 4 orders: −$413.24
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$417.8
Costs to cover: 4.352%
Break-even: 146.3 days

Slippage from Binance: live order book, 8 min ago; KuCoin: live order book, 18 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 Binance live order book, 8 min ago	2.11 bp	11.7 bp −$12	55.5 bp −$555	211.3 bp −$21.1K	doesn't fit
Sell KuCoin live order book, 18 min ago	3.44 bp	245.6 bp −$246	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	−0.0028%	1h	190.36	+0.013%	$1.1M	$3.1M	10x	as long as short
Aster CRDOUSDT	0.0000%	8h	190.36	+0.015%	$38K	$11K	20x	as long as short
Binance CRDOUSDTlong	0.0000%	8h	190.34	long leg	$4.3M	$8.3M	20x
Bybit CRDOUSDT	0.0000%	8h	190.40	+0.034%	$722K	$823K	25x	as long as short
OKX CRDO-USDT-SWAP	0.0000%	8h	190.54	+0.108%	$916K	$1.5M	20x	as long as short
Gate CRDO_USDT	0.0000%	8h	190.46	+0.065%	$664K	$123K	20x	as long as short
Bitget CRDOUSDT	0.0000%	8h	190.37	+0.018%	$1.7M	$1.6M	20x	as long as short
Variational Omni CRDO	0.0000%	8h	190.33	−0.005%	$206K	$42K	—	as long as short
GRVT CRDO_USDT_Perp	0.0000%	8h	189.94	−0.209%	$572	$136K	10x	as long as short
SunX CRDO-USDT	0.0000%	8h	190.32	−0.008%	$952	$579K	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	190.35	+0.008%	$8K	$39K	20x	as long as short
Extended CRDO_24_5-USD	+0.0040%	1h	190.44	+0.052%	$1K	—	5x	as long as short
Vest CRDO-USD-PERP	+0.0046%	1h	190.39	+0.029%	—	—	5x	as long as short
KuCoin CRDOUSDTMshort	+0.0100%	8h	190.26	−0.040%	$195K	$909K	20x
Paragon para:CRDO	+0.1127%	1h	190.75	+0.218%	$1.3M	$456K	10x	as long as short