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: Bitget against KuCoin+0.131%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$484as in the Funding arb table
Net, price: spread back to 7d avg − costs−$470as 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)−0.187%−$19 · spread now +0.131%, 7d avg +0.080%
=The price spread pays, funding is against you. Bitget is 0.051% dearer against KuCoin than usual: you sell high and buy low (spread +0.131% now, against its 7-day average of +0.080%): +$5 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 4 hours. 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 | KuCoin CRDOUSDTM | 183.65 | 0.0100 | pay 0.0100% / 8h | 3h 06m | $195K | $857K | 20x |
| Short | Bitget CRDOUSDT | 183.89 | −0.0822 | pay 0.0822% / 8h | 3h 06m | $1.7M | $1.4M | 20x |
KuCoin CRDOUSDTM
Bitget CRDOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$193.62
- Price spread: +0.131% → +0.080%
- $5.07
- Slippage, 4 orders
- −$451.13
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$663.68
- Costs to cover
- 4.751%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 37 min ago; Bitget: live order book, 5 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, 37 min ago | 2.67 bp | 266.6 bp −$267 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 2.99 bp | 20.4 bp −$20 | 54.7 bp −$547 | 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 CRDOUSDTshort | −0.0822% | 8h | 183.89 | +0.131% | $1.7M | $1.4M | 20x | |
| QFEX CRDO-USD | −0.0009% | 1h | 183.47 | −0.098% | $1.1M | $2.5M | 10x | as long as short |
| Aster CRDOUSDT | 0.0000% | 8h | 183.76 | +0.062% | $37K | $11K | 20x | as long as short |
| Binance CRDOUSDT | 0.0000% | 8h | 183.75 | +0.056% | $4.1M | $8.6M | 20x | as long as short |
| Bybit CRDOUSDT | 0.0000% | 8h | 183.70 | +0.027% | $699K | $743K | 25x | as long as short |
| OKX CRDO-USDT-SWAP | 0.0000% | 8h | 184.00 | +0.191% | $941K | $1.4M | 20x | as long as short |
| Gate CRDO_USDT | 0.0000% | 8h | 183.84 | +0.103% | $648K | $124K | 20x | as long as short |
| Variational Omni CRDO | 0.0000% | 8h | 183.77 | +0.063% | $229K | $105K | — | as long as short |
| GRVT CRDO_USDT_Perp | 0.0000% | 8h | 183.86 | +0.112% | $1K | $121K | 10x | as long as short |
| SunX CRDO-USDT | 0.0000% | 8h | 183.07 | −0.316% | $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 | −0.109% | $8K | $41K | 20x | as long as short |
| Extended CRDO_24_5-USD | +0.0040% | 1h | 183.60 | −0.027% | $1K | — | 5x | as long as short |
| Vest CRDO-USD-PERP | +0.0046% | 1h | 183.49 | −0.087% | — | — | 5x | as long as short |
| KuCoin CRDOUSDTMlong | +0.0100% | 8h | 183.65 | long leg | $195K | $857K | 20x | |
| Paragon para:CRDO | +0.1316% | 1h | 183.74 | +0.049% | $1.3M | $468K | 10x | as long as short |
HTX CRDO-USDT
Extended CRDO_24_5-USD
Vest CRDO-USD-PERP
Paragon para:CRDO