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 Bybit+0.032%7-day average −0.098% · you sell dearer than you buy

Net, funding: paid 7d − costs−$519as in the Funding arb table

Net, price: spread back to 7d avg − costs−$512as in the Price arb table

costs, in and out, $10k−$5255.252% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.066%+$7 on $10k

Price spread, last 4 days (all we have)−0.129%−$13 · spread now +0.032%, 7d avg −0.098%

Together, before fees−0.063%−$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.130% dearer against Bybit than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.098%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit CRDOUSDT	190.08	0	get 0.0000% / 8h	6h 57m	$718K	$812K	25x
Short	KuCoin CRDOUSDTM	190.14	0.0100	get 0.0100% / 8h	6h 57m	$197K	$902K	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 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 BybitbpFee KuCoinbpOrdersPrice spread, now +0.032%Rate

Funding earned: $21
Price spread: +0.032% → −0.098%: $13
Slippage, 4 orders: −$502.21
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$491.21
Costs to cover: 5.252%
Break-even: 170.7 days

Slippage from Bybit: live order book, 8 min ago; KuCoin: live order book, 2 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, 8 min ago	3.67 bp	37.5 bp −$38	405.5 bp −$4,055	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	6.31 bp	203.5 bp −$203	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	−0.0017%	1h	190.05	−0.016%	$1.1M	$3.0M	10x	as long as short
Aster CRDOUSDT	0.0000%	8h	190.35	+0.140%	$38K	$11K	20x	as long as short
Binance CRDOUSDT	0.0000%	8h	189.88	−0.103%	$4.3M	$8.2M	20x	as long as short
Bybit CRDOUSDTlong	0.0000%	8h	190.08	long leg	$718K	$812K	25x
OKX CRDO-USDT-SWAP	0.0000%	8h	190.10	+0.011%	$918K	$1.5M	20x	as long as short
Gate CRDO_USDT	0.0000%	8h	190.04	−0.021%	$660K	$120K	20x	as long as short
Bitget CRDOUSDT	0.0000%	8h	190.09	+0.005%	$1.7M	$1.6M	20x	as long as short
Variational Omni CRDO	0.0000%	8h	190.35	+0.143%	$223K	$59K	—	as long as short
GRVT CRDO_USDT_Perp	0.0000%	8h	190.42	+0.179%	$267	$133K	10x	as long as short
SunX CRDO-USDT	0.0000%	8h	190.28	+0.105%	$864	$555K	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	190.22	+0.074%	$8K	$39K	20x	as long as short
Extended CRDO_24_5-USD	+0.0040%	1h	189.63	−0.234%	$1K	—	5x	as long as short
Vest CRDO-USD-PERP	+0.0046%	1h	190.10	+0.011%	—	—	5x	as long as short
KuCoin CRDOUSDTMshort	+0.0100%	8h	190.14	+0.032%	$197K	$902K	20x
Paragon para:CRDO	+0.1197%	1h	190.64	+0.296%	$1.3M	$439K	10x	as long as short