Funding you earn now, next payment 08:00 UTC−0.0143%/8h= −15.7% APRpaid last 24h −0.033%
Price spread now: QFEX against KuCoin−0.066%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$511as in the Price arb table
costs, in and out, $10k−$5055.050% of the position
Funding, last 4 days (all we have)−0.116%−$12 on $10k
+Price spread, last 4 days (all we have)+0.007%+$1 · spread now −0.066%, 7d avg −0.005%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and QFEX is 0.061% cheaper against KuCoin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.005%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CRDOUSDTM | 183.19 | 0.0100 | pay 0.0100% / 8h | 31m 58s | $194K | $817K | 20x |
| Short | QFEX CRDO-USD | 183.07 | −0.0043 | pay 0.0005% / 1h | 31m 58s | $1.1M | $2.3M | 10x |
KuCoin CRDOUSDTM
QFEX CRDO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$30.12
- Price spread: −0.066% → −0.005%
- −$6.05
- Slippage, 4 orders
- −$483.04
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$541.21
- Costs to cover
- 5.050%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 52 min ago; QFEX: 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, 52 min ago | 5.77 bp | 244.9 bp −$245 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 1.09 bp | 11.7 bp −$12 | 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 CRDOUSDT | −0.1171% | 8h | 183.23 | +0.022% | $1.7M | $1.9M | 20x | as long as short |
| QFEX CRDO-USDshort | −0.0043% | 1h | 183.07 | −0.066% | $1.1M | $2.3M | 10x | |
| Aster CRDOUSDT | 0.0000% | 8h | 183.18 | −0.005% | $37K | $10K | 20x | as long as short |
| Binance CRDOUSDT | 0.0000% | 8h | 183.12 | −0.038% | $4.0M | $9.6M | 20x | as long as short |
| Bybit CRDOUSDT | 0.0000% | 8h | 183.25 | +0.033% | $690K | $752K | 25x | as long as short |
| OKX CRDO-USDT-SWAP | 0.0000% | 8h | 183.24 | +0.027% | $913K | $1.7M | 20x | as long as short |
| Gate CRDO_USDT | 0.0000% | 8h | 183.22 | +0.016% | $629K | $138K | 20x | as long as short |
| Variational Omni CRDO | 0.0000% | 8h | 182.97 | −0.118% | $199K | $133K | — | as long as short |
| GRVT CRDO_USDT_Perp | 0.0000% | 8h | 183.08 | −0.060% | $674 | $136K | 10x | as long as short |
| SunX CRDO-USDT | 0.0000% | 8h | 183.00 | −0.104% | $953 | $485K | 10x | as long as short |
Bitget CRDOUSDT
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 | 183.36 | +0.093% | $8K | $41K | 20x | as long as short |
| Extended CRDO_24_5-USD | +0.0040% | 1h | 183.27 | +0.044% | $1K | — | 5x | as long as short |
| Vest CRDO-USD-PERP | +0.0046% | 1h | 183.17 | −0.011% | — | — | 5x | as long as short |
| KuCoin CRDOUSDTMlong | +0.0100% | 8h | 183.19 | long leg | $194K | $817K | 20x | |
| Paragon para:CRDO | +0.1252% | 1h | 183.76 | +0.311% | $1.3M | $480K | 10x | as long as short |
HTX CRDO-USDT
Extended CRDO_24_5-USD
Vest CRDO-USD-PERP
Paragon para:CRDO