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 Bybit−0.063%7-day average −0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs−$439as in the Funding arb table
Net, price: spread back to 7d avg − costs−$442as in the Price arb table
costs, in and out, $10k−$4454.454% of the position
Funding, last 7 days+0.066%+$7 on $10k
+Price spread, last 4 days (all we have)−0.181%−$18 · spread now −0.063%, 7d avg −0.097%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.034% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.097%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CRDOUSDT | 189.46 | 0 | get 0.0000% / 8h | 4h 11m | $717K | $729K | 25x |
| Short | KuCoin CRDOUSDTM | 189.34 | 0.0100 | get 0.0100% / 8h | 4h 11m | $196K | $877K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bybit. 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: −0.063% → −0.097%
- $3.39
- Slippage, 4 orders
- −$422.44
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$421.04
- Costs to cover
- 4.454%
- Break-even
- 147.3 days
Slippage from Bybit: live order book, 43 min ago; KuCoin: live order book, 38 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 Bybit live order book, 43 min ago | 3.16 bp | 16.8 bp −$17 | 180.6 bp −$1,806 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 38 min ago | 4.22 bp | 198.8 bp −$199 | 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 | −0.0026% | 1h | 189.27 | −0.100% | $1.1M | $2.6M | 10x | as long as short |
| Aster CRDOUSDT | 0.0000% | 8h | 189.57 | +0.058% | $38K | $11K | 20x | as long as short |
| Binance CRDOUSDT | 0.0000% | 8h | 189.37 | −0.049% | $4.2M | $8.1M | 20x | as long as short |
| Bybit CRDOUSDTlong | 0.0000% | 8h | 189.46 | long leg | $717K | $729K | 25x | |
| OKX CRDO-USDT-SWAP | 0.0000% | 8h | 189.43 | −0.016% | $948K | $1.4M | 20x | as long as short |
| Gate CRDO_USDT | 0.0000% | 8h | 189.40 | −0.032% | $658K | $120K | 20x | as long as short |
| Bitget CRDOUSDT | 0.0000% | 8h | 189.47 | +0.005% | $1.7M | $1.6M | 20x | as long as short |
| Variational Omni CRDO | 0.0000% | 8h | 189.30 | −0.083% | $222K | $59K | — | as long as short |
| GRVT CRDO_USDT_Perp | 0.0000% | 8h | 189.30 | −0.085% | $384 | $114K | 10x | as long as short |
| SunX CRDO-USDT | 0.0000% | 8h | 188.47 | −0.523% | $1K | $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 | 189.26 | −0.106% | $8K | $40K | 20x | as long as short |
| Extended CRDO_24_5-USD | +0.0040% | 1h | 189.43 | −0.016% | $1K | — | 5x | as long as short |
| Vest CRDO-USD-PERP | +0.0046% | 1h | 189.33 | −0.069% | — | — | 5x | as long as short |
| KuCoin CRDOUSDTMshort | +0.0100% | 8h | 189.34 | −0.063% | $196K | $877K | 20x | |
| Paragon para:CRDO | +0.1537% | 1h | 189.57 | +0.056% | $1.3M | $460K | 10x | as long as short |
Bybit CRDOUSDT
KuCoin CRDOUSDTM
Aster CRDOUSDT
Binance CRDOUSDT
OKX CRDO-USDT-SWAP
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