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 OKX−0.095%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$418as in the Funding arb table
Net, price: spread back to 7d avg − costs−$435as in the Price arb table
costs, in and out, $10k−$4274.272% of the position
Funding, last 7 days+0.087%+$9 on $10k
+Price spread, last 4 days (all we have)−0.060%−$6 · spread now −0.095%, 7d avg −0.015%
=Funding pays, the price is against you. KuCoin is 0.080% cheaper against OKX than usual: you would sell low and buy high (spread −0.095% now, against its 7-day average of −0.015%). If the spread goes back, that is −$8 on $10k: about 2.7 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.087% in total) that is about 6.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX CRDO-USDT-SWAP | 189.49 | 0 | get 0.0000% / 8h | 4h 08m | $948K | $1.4M | 20x |
| Short | KuCoin CRDOUSDTM | 189.31 | 0.0100 | get 0.0100% / 8h | 4h 08m | $198K | $875K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against OKX. 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: −0.095% → −0.015%
- −$7.97
- Slippage, 4 orders
- −$405.19
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$414.16
- Costs to cover
- 4.272%
- Break-even
- 145.1 days
Slippage from OKX: live order book, 3 min ago; KuCoin: live order book, 41 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 OKX live order book, 3 min ago | 1.06 bp | 10.9 bp −$11 | 40.2 bp −$402 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 41 min ago | 4.22 bp | 198.8 bp −$199 | 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 | −0.0026% | 1h | 189.41 | −0.042% | $1.1M | $2.6M | 10x | as long as short |
| Aster CRDOUSDT | 0.0000% | 8h | 189.59 | +0.055% | $38K | $11K | 20x | as long as short |
| Binance CRDOUSDT | 0.0000% | 8h | 189.46 | −0.016% | $4.2M | $8.1M | 20x | as long as short |
| Bybit CRDOUSDT | 0.0000% | 8h | 189.46 | −0.016% | $717K | $729K | 25x | as long as short |
| OKX CRDO-USDT-SWAPlong | 0.0000% | 8h | 189.49 | long leg | $948K | $1.4M | 20x | |
| Gate CRDO_USDT | 0.0000% | 8h | 189.49 | 0.000% | $658K | $120K | 20x | as long as short |
| Bitget CRDOUSDT | 0.0000% | 8h | 189.47 | −0.011% | $1.7M | $1.6M | 20x | as long as short |
| Variational Omni CRDO | 0.0000% | 8h | 189.32 | −0.087% | $222K | $59K | — | as long as short |
| GRVT CRDO_USDT_Perp | 0.0000% | 8h | 189.45 | −0.023% | $377 | $114K | 10x | as long as short |
| SunX CRDO-USDT | 0.0000% | 8h | 188.65 | −0.443% | $972 | $514K | 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 | 189.25 | −0.127% | $8K | $40K | 20x | as long as short |
| Extended CRDO_24_5-USD | +0.0040% | 1h | 189.47 | −0.011% | $1K | — | 5x | as long as short |
| Vest CRDO-USD-PERP | +0.0046% | 1h | 189.48 | −0.005% | — | — | 5x | as long as short |
| KuCoin CRDOUSDTMshort | +0.0100% | 8h | 189.31 | −0.095% | $198K | $875K | 20x | |
| Paragon para:CRDO | +0.1497% | 1h | 189.67 | +0.094% | $1.3M | $460K | 10x | as long as short |
OKX CRDO-USDT-SWAP
KuCoin CRDOUSDTM
Aster CRDOUSDT
Binance CRDOUSDT
Bybit CRDOUSDT
Gate CRDO_USDT
Bitget CRDOUSDT
Variational Omni CRDO
GRVT CRDO_USDT_Perp
SunX CRDO-USDT
HTX CRDO-USDT
Extended CRDO_24_5-USD
Paragon para:CRDO