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: OKX against KuCoin+0.192%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$530as in the Funding arb table
Net, price: spread back to 7d avg − costs−$503as in the Price arb table
costs, in and out, $10k−$5215.210% of the position
Funding, last 7 days−0.087%−$9 on $10k
+Price spread, last 4 days (all we have)−0.168%−$17 · spread now +0.192%, 7d avg +0.016%
=The price spread pays, funding is against you. OKX is 0.176% dearer against KuCoin than usual: you sell high and buy low (spread +0.192% now, against its 7-day average of +0.016%): +$18 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.9 days. At the pace of the last 7 days (−0.087% in total) that is about 14 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CRDOUSDTM | 182.50 | 0.0100 | pay 0.0100% / 8h | 2h 07m | $193K | $843K | 20x |
| Short | OKX CRDO-USDT-SWAP | 182.85 | 0 | get 0.0000% / 8h | 2h 07m | $921K | $1.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.192% → +0.016%
- $17.6
- Slippage, 4 orders
- −$499.04
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$524.44
- Costs to cover
- 5.210%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 31 min ago; OKX: live order book, 4 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, 31 min ago | 5.22 bp | 254.8 bp −$255 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 7.11 bp | 17.5 bp −$18 | 43.4 bp −$434 | 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 CRDOUSDT | −0.1931% | 8h | 182.69 | +0.104% | $1.7M | $1.8M | 20x | as long as short |
| QFEX CRDO-USD | −0.0006% | 1h | 182.66 | +0.088% | $1.1M | $2.4M | 10x | as long as short |
| Aster CRDOUSDT | 0.0000% | 8h | 182.71 | +0.114% | $37K | $11K | 20x | as long as short |
| Binance CRDOUSDT | 0.0000% | 8h | 182.72 | +0.122% | $4.0M | $9.3M | 20x | as long as short |
| Bybit CRDOUSDT | 0.0000% | 8h | 182.56 | +0.033% | $703K | $773K | 25x | as long as short |
| OKX CRDO-USDT-SWAPshort | 0.0000% | 8h | 182.85 | +0.192% | $921K | $1.6M | 20x | |
| Gate CRDO_USDT | 0.0000% | 8h | 182.70 | +0.110% | $627K | $139K | 20x | as long as short |
| Variational Omni CRDO | 0.0000% | 8h | 182.82 | +0.174% | $198K | $133K | — | as long as short |
| GRVT CRDO_USDT_Perp | 0.0000% | 8h | 182.83 | +0.180% | $545 | $131K | 10x | as long as short |
| SunX CRDO-USDT | 0.0000% | 8h | 183.06 | +0.307% | $740 | $508K | 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 | 182.94 | +0.241% | $8K | $41K | 20x | as long as short |
| Extended CRDO_24_5-USD | +0.0040% | 1h | 182.31 | −0.101% | $1K | — | 5x | as long as short |
| Vest CRDO-USD-PERP | +0.0046% | 1h | 182.75 | +0.137% | — | — | 5x | as long as short |
| KuCoin CRDOUSDTMlong | +0.0100% | 8h | 182.50 | long leg | $193K | $843K | 20x | |
| Paragon para:CRDO | +0.0925% | 1h | 182.94 | +0.244% | $1.3M | $488K | 10x | as long as short |
KuCoin CRDOUSDTM
OKX CRDO-USDT-SWAP
Bitget CRDOUSDT
Aster CRDOUSDT
Binance CRDOUSDT
Bybit CRDOUSDT
Gate CRDO_USDT
Variational Omni CRDO
GRVT CRDO_USDT_Perp
SunX CRDO-USDT
HTX CRDO-USDT
Extended CRDO_24_5-USD
Paragon para:CRDO