CRDO

Alert: funding

Alert: spread

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 SunX−0.382%7-day average −0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$516as in the Funding arb table

Net, price: spread back to 7d avg − costs−$574as in the Price arb table

costs, in and out, $10k−$5385.375% of the position

Long on SunX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.212%+$21 on $10k

Price spread, last 3 days (all we have)+0.417%+$42 · spread now −0.382%, 7d avg −0.015%

Together, before fees+0.629%+$63 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.367% cheaper against SunX than usual: you would sell low and buy high (spread −0.382% now, against its 7-day average of −0.015%). If the spread goes back, that is −$37 on $10k: about 12 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX CRDO-USDT	191.11	0	get 0.0000% / 8h	7h 23m	$1K	$567K	10x
Short	KuCoin CRDOUSDTM	190.38	0.0100	get 0.0100% / 8h	7h 23m	$197K	$906K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against SunX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee SunXbpFee KuCoinbpOrdersPrice spread, now −0.382%Rate

Funding earned: $21
Price spread: −0.382% → −0.015%: −$36.73
Slippage, 4 orders: −$517.54
Fee SunX: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$553.27
Costs to cover: 5.375%
Break-even: 191.4 days

Slippage from SunX: live order book, 27 min ago; KuCoin: live order book, 40 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 SunX live order book, 27 min ago	46.88 bp	65.1 bp −$65	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 40 min ago	3.44 bp	245.6 bp −$246	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	−0.0028%	1h	190.37	−0.387%	$1.1M	$3.1M	10x	as long as short
Aster CRDOUSDT	0.0000%	8h	190.56	−0.289%	$38K	$11K	20x	as long as short
Binance CRDOUSDT	0.0000%	8h	190.36	−0.392%	$4.3M	$8.2M	20x	as long as short
Bybit CRDOUSDT	0.0000%	8h	190.42	−0.361%	$721K	$820K	25x	as long as short
OKX CRDO-USDT-SWAP	0.0000%	8h	190.58	−0.277%	$915K	$1.5M	20x	as long as short
Gate CRDO_USDT	0.0000%	8h	190.56	−0.288%	$663K	$124K	20x	as long as short
Bitget CRDOUSDT	0.0000%	8h	190.44	−0.351%	$1.7M	$1.6M	20x	as long as short
Variational Omni CRDO	0.0000%	8h	190.85	−0.134%	$207K	$42K	—	as long as short
GRVT CRDO_USDT_Perp	0.0000%	8h	191.04	−0.037%	$384	$134K	10x	as long as short
SunX CRDO-USDTlong	0.0000%	8h	191.11	long leg	$1K	$567K	10x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX CRDO-USDT	0.0000%	8h	190.74	−0.194%	$8K	$39K	20x	as long as short
Extended CRDO_24_5-USD	+0.0040%	1h	190.41	−0.369%	$1K	—	5x	as long as short
Vest CRDO-USD-PERP	+0.0046%	1h	190.51	−0.314%	—	—	5x	as long as short
KuCoin CRDOUSDTMshort	+0.0100%	8h	190.38	−0.382%	$197K	$906K	20x
Paragon para:CRDO	+0.1103%	1h	190.82	−0.152%	$1.3M	$456K	10x	as long as short