Funding you earn now, next payment 08:00 UTC+0.0922%/8h= +101.0% APRnext payment +$9.22 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Bitget−0.131%7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$467as in the Funding arb table
Net, price: spread back to 7d avg − costs−$480as in the Price arb table
costs, in and out, $10k−$4754.751% of the position
Funding, last 7 days+0.085%+$8 on $10k
+Price spread, last 4 days (all we have)+0.186%+$19 · spread now −0.131%, 7d avg −0.080%
=Funding pays, the price is against you. KuCoin is 0.051% cheaper against Bitget than usual: you would sell low and buy high (spread −0.131% now, against its 7-day average of −0.080%). If the spread goes back, that is −$5 on $10k: about 4 hours of funding at the current rate (+$28 a day). At the pace of the last 7 days (+0.085% in total) that is about 4.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.085% in total (about 4.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.22 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CRDOUSDT | 183.89 | −0.0822 | get 0.0822% / 8h | 3h 06m | $1.7M | $1.4M | 20x |
| Short | KuCoin CRDOUSDTM | 183.65 | 0.0100 | get 0.0100% / 8h | 3h 06m | $195K | $857K | 20x |
Bitget CRDOUSDT
KuCoin CRDOUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. 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
- $193.62
- Price spread: −0.131% → −0.080%
- −$5.05
- Slippage, 4 orders
- −$451.13
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$286.56
- Costs to cover
- 4.751%
- Break-even
- 17.4 days
Slippage from Bitget: live order book, 5 min ago; KuCoin: live order book, 37 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 Bitget live order book, 5 min ago | 2.99 bp | 10.9 bp −$11 | 40.1 bp −$401 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 37 min ago | 2.67 bp | 177.3 bp −$177 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CRDOUSDTlong | −0.0822% | 8h | 183.89 | long leg | $1.7M | $1.4M | 20x | |
| QFEX CRDO-USD | −0.0009% | 1h | 183.47 | −0.228% | $1.1M | $2.5M | 10x | as long as short |
| Aster CRDOUSDT | 0.0000% | 8h | 183.76 | −0.069% | $37K | $11K | 20x | as long as short |
| Binance CRDOUSDT | 0.0000% | 8h | 183.75 | −0.074% | $4.1M | $8.6M | 20x | as long as short |
| Bybit CRDOUSDT | 0.0000% | 8h | 183.70 | −0.103% | $699K | $743K | 25x | as long as short |
| OKX CRDO-USDT-SWAP | 0.0000% | 8h | 184.00 | +0.060% | $941K | $1.4M | 20x | as long as short |
| Gate CRDO_USDT | 0.0000% | 8h | 183.84 | −0.027% | $648K | $124K | 20x | as long as short |
| Variational Omni CRDO | 0.0000% | 8h | 183.77 | −0.067% | $229K | $105K | — | as long as short |
| GRVT CRDO_USDT_Perp | 0.0000% | 8h | 183.86 | −0.019% | $1K | $121K | 10x | as long as short |
| SunX CRDO-USDT | 0.0000% | 8h | 183.07 | −0.446% | $1K | $512K | 10x | as long as short |
QFEX CRDO-USD
Aster CRDOUSDT
Binance CRDOUSDT
Bybit CRDOUSDT
OKX CRDO-USDT-SWAP
Gate CRDO_USDT
Variational Omni CRDO
GRVT CRDO_USDT_Perp
SunX CRDO-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CRDO-USDT | 0.0000% | 8h | 183.45 | −0.239% | $8K | $41K | 20x | as long as short |
| Extended CRDO_24_5-USD | +0.0040% | 1h | 183.60 | −0.158% | $1K | — | 5x | as long as short |
| Vest CRDO-USD-PERP | +0.0046% | 1h | 183.49 | −0.218% | — | — | 5x | as long as short |
| KuCoin CRDOUSDTMshort | +0.0100% | 8h | 183.65 | −0.131% | $195K | $857K | 20x | |
| Paragon para:CRDO | +0.1316% | 1h | 183.74 | −0.082% | $1.3M | $468K | 10x | as long as short |
HTX CRDO-USDT
Extended CRDO_24_5-USD
Vest CRDO-USD-PERP
Paragon para:CRDO