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: Binance against KuCoin−0.069%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$615as in the Funding arb table
Net, price: spread back to 7d avg − costs−$618as in the Price arb table
costs, in and out, $10k−$6106.096% of the position
Funding, last 7 days−0.055%−$6 on $10k
+Price spread, last 4 days (all we have)+0.343%+$34 · spread now −0.069%, 7d avg +0.015%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.085% cheaper against KuCoin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.015%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CRDOUSDTM | 182.94 | 0.0100 | pay 0.0100% / 8h | 6m 41s | $192K | $823K | 20x |
| Short | Binance CRDOUSDT | 182.81 | 0 | get 0.0000% / 8h | 6m 41s | $4.0M | $9.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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: −0.069% → +0.015%
- −$8.46
- Slippage, 4 orders
- −$587.56
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$639.02
- Costs to cover
- 6.096%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 8 min ago; Binance: live order book, 3 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, 8 min ago | 3.28 bp | 302.8 bp −$303 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 2.74 bp | 15.4 bp −$15 | 57.6 bp −$576 | 136.9 bp −$13.7K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CRDOUSDT | −0.1049% | 8h | 183.02 | +0.044% | $1.7M | $1.9M | 20x | as long as short |
| QFEX CRDO-USD | −0.0043% | 1h | 182.74 | −0.109% | $1.1M | $2.3M | 10x | as long as short |
| Aster CRDOUSDT | 0.0000% | 8h | 183.01 | +0.040% | $37K | $10K | 20x | as long as short |
| Binance CRDOUSDTshort | 0.0000% | 8h | 182.81 | −0.069% | $4.0M | $9.6M | 20x | |
| Bybit CRDOUSDT | 0.0000% | 8h | 183.02 | +0.044% | $689K | $751K | 25x | as long as short |
| OKX CRDO-USDT-SWAP | 0.0000% | 8h | 182.97 | +0.016% | $907K | $1.7M | 20x | as long as short |
| Gate CRDO_USDT | 0.0000% | 8h | 182.89 | −0.027% | $628K | $138K | 20x | as long as short |
| Variational Omni CRDO | 0.0000% | 8h | 182.54 | −0.217% | $198K | $133K | — | as long as short |
| GRVT CRDO_USDT_Perp | 0.0000% | 8h | 182.62 | −0.175% | $623 | $135K | 10x | as long as short |
| SunX CRDO-USDT | 0.0000% | 8h | 182.78 | −0.087% | $868 | $480K | 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 | 182.84 | −0.055% | $8K | $41K | 20x | as long as short |
| Extended CRDO_24_5-USD | +0.0040% | 1h | 182.95 | +0.005% | $1K | — | 5x | as long as short |
| Vest CRDO-USD-PERP | +0.0046% | 1h | 183.06 | +0.066% | — | — | 5x | as long as short |
| KuCoin CRDOUSDTMlong | +0.0100% | 8h | 182.94 | long leg | $192K | $823K | 20x | |
| Paragon para:CRDO | +0.1044% | 1h | 183.06 | +0.066% | $1.3M | $479K | 10x | as long as short |
KuCoin CRDOUSDTM
Binance CRDOUSDT
Bitget CRDOUSDT
Aster CRDOUSDT
Bybit CRDOUSDT
OKX CRDO-USDT-SWAP
Gate CRDO_USDT
Variational Omni CRDO
GRVT CRDO_USDT_Perp
SunX CRDO-USDT
HTX CRDO-USDT
Extended CRDO_24_5-USD
Paragon para:CRDO