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: SunX against KuCoin−0.027%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$637as in the Funding arb table
Net, price: spread back to 7d avg − costs−$619as in the Price arb table
costs, in and out, $10k−$6166.155% of the position
Funding, last 7 days−0.212%−$21 on $10k
+Price spread, last 4 days (all we have)+0.009%+$1 · spread now −0.027%, 7d avg +0.006%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SunX is 0.033% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.006%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CRDOUSDTM | 183.21 | 0.0100 | pay 0.0100% / 8h | 32m 51s | $194K | $818K | 20x |
| Short | SunX CRDO-USDT | 183.16 | 0 | get 0.0000% / 8h | 32m 51s | $954 | $484K | 10x |
KuCoin CRDOUSDTM
SunX CRDO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: −0.027% → +0.006%
- −$3.28
- Slippage, 4 orders
- −$595.53
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$639.81
- Costs to cover
- 6.155%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 51 min ago; SunX: live order book, 18 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, 51 min ago | 5.77 bp | 244.9 bp −$245 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 18 min ago | 48.14 bp | 67.0 bp −$67 | 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 | −0.1178% | 8h | 183.26 | +0.027% | $1.7M | $1.9M | 20x | as long as short |
| QFEX CRDO-USD | −0.0043% | 1h | 183.11 | −0.055% | $1.1M | $2.3M | 10x | as long as short |
| Aster CRDOUSDT | 0.0000% | 8h | 183.22 | +0.008% | $37K | $10K | 20x | as long as short |
| Binance CRDOUSDT | 0.0000% | 8h | 183.09 | −0.065% | $4.0M | $9.6M | 20x | as long as short |
| Bybit CRDOUSDT | 0.0000% | 8h | 183.21 | 0.000% | $690K | $752K | 25x | as long as short |
| OKX CRDO-USDT-SWAP | 0.0000% | 8h | 183.22 | +0.005% | $913K | $1.7M | 20x | as long as short |
| Gate CRDO_USDT | 0.0000% | 8h | 183.26 | +0.027% | $629K | $138K | 20x | as long as short |
| Variational Omni CRDO | 0.0000% | 8h | 182.97 | −0.129% | $199K | $133K | — | as long as short |
| GRVT CRDO_USDT_Perp | 0.0000% | 8h | 183.08 | −0.071% | $674 | $136K | 10x | as long as short |
| SunX CRDO-USDTshort | 0.0000% | 8h | 183.16 | −0.027% | $954 | $484K | 10x |
Bitget CRDOUSDT
QFEX CRDO-USD
Aster CRDOUSDT
Binance CRDOUSDT
Bybit CRDOUSDT
OKX CRDO-USDT-SWAP
Gate CRDO_USDT
Variational Omni CRDO
GRVT CRDO_USDT_PerpShow 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 | +0.082% | $8K | $41K | 20x | as long as short |
| Extended CRDO_24_5-USD | +0.0040% | 1h | 183.29 | +0.046% | $1K | — | 5x | as long as short |
| Vest CRDO-USD-PERP | +0.0046% | 1h | 183.19 | −0.011% | — | — | 5x | as long as short |
| KuCoin CRDOUSDTMlong | +0.0100% | 8h | 183.21 | long leg | $194K | $818K | 20x | |
| Paragon para:CRDO | +0.1252% | 1h | 183.76 | +0.300% | $1.3M | $480K | 10x | as long as short |
HTX CRDO-USDT
Extended CRDO_24_5-USD
Vest CRDO-USD-PERP
Paragon para:CRDO