Funding you earn now, next payment 05:00 UTC−0.1198%/8h= −131.2% APRpaid last 24h −0.160%
Price spread now: KuCoin against Paragon−0.181%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$528as in the Funding arb table
Net, price: spread back to 7d avg − costs−$506as in the Price arb table
costs, in and out, $10k−$4914.908% of the position
Funding, last 7 days−0.376%−$38 on $10k
+Price spread, last 4 days (all we have)+0.122%+$12 · spread now −0.181%, 7d avg −0.028%
=Both sides work against this trade now: funding costs −$36 a day on $10k at the current rate, and KuCoin is 0.153% cheaper against Paragon than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.028%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.376% in total (about -19.6% a year). A funding rate is set anew for every payment. 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 | Paragon para:CRDO | 187.20 | 0.1298 | pay 0.0162% / 1h | 38m 31s | $1.3M | $460K | 10x |
| Short | KuCoin CRDOUSDTM | 186.86 | 0.0100 | get 0.0100% / 8h | 3h 38m | $194K | $862K | 20x |
Paragon para:CRDO
KuCoin CRDOUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Paragon. 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
- −$251.61
- Price spread: −0.181% → −0.028%
- −$15.29
- Slippage, 4 orders
- −$468.84
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$757.74
- Costs to cover
- 4.908%
- Break-even
- never at this rate
Slippage from Paragon: live order book, 9 min ago; KuCoin: live order book, 6 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 Paragon live order book, 9 min ago | 4.52 bp | 20.9 bp −$21 | 44.2 bp −$442 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 2.67 bp | 177.3 bp −$177 | 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 | −0.0009% | 1h | 186.80 | −0.213% | $1.1M | $2.5M | 10x | as long as short |
| Aster CRDOUSDT | 0.0000% | 8h | 186.96 | −0.128% | $38K | $11K | 20x | as long as short |
| Binance CRDOUSDT | 0.0000% | 8h | 186.86 | −0.183% | $4.2M | $8.1M | 20x | as long as short |
| Bybit CRDOUSDT | 0.0000% | 8h | 186.97 | −0.123% | $709K | $730K | 25x | as long as short |
| OKX CRDO-USDT-SWAP | 0.0000% | 8h | 187.09 | −0.059% | $943K | $1.4M | 20x | as long as short |
| Gate CRDO_USDT | 0.0000% | 8h | 186.99 | −0.112% | $652K | $121K | 20x | as long as short |
| Bitget CRDOUSDT | 0.0000% | 8h | 186.79 | −0.219% | $1.7M | $1.6M | 20x | as long as short |
| Variational Omni CRDO | 0.0000% | 8h | 187.42 | +0.116% | $219K | $59K | — | as long as short |
| GRVT CRDO_USDT_Perp | 0.0000% | 8h | 187.53 | +0.178% | $249 | $116K | 10x | as long as short |
| SunX CRDO-USDT | 0.0000% | 8h | 186.11 | −0.582% | $901 | $516K | 10x | as long as short |
QFEX CRDO-USD
Aster CRDOUSDT
Binance CRDOUSDT
Bybit CRDOUSDT
OKX CRDO-USDT-SWAP
Gate CRDO_USDT
Bitget CRDOUSDT
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 | 187.23 | +0.016% | $8K | $40K | 20x | as long as short |
| Extended CRDO_24_5-USD | +0.0040% | 1h | 186.91 | −0.157% | $1K | — | 5x | as long as short |
| Vest CRDO-USD-PERP | +0.0046% | 1h | 186.98 | −0.117% | — | — | 5x | as long as short |
| KuCoin CRDOUSDTMshort | +0.0100% | 8h | 186.86 | −0.181% | $194K | $862K | 20x | |
| Paragon para:CRDOlong | +0.1298% | 1h | 187.20 | long leg | $1.3M | $460K | 10x |
HTX CRDO-USDT
Extended CRDO_24_5-USD
Vest CRDO-USD-PERP