Funding arb · Price arb /

CRDO

RWAall CRDO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: GRVT against Binance+0.123%99s7-day average +0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$61as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$670.666% of the position

Long on Binance Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.054%+$5 on $10k

Price spread, last 4 days (all we have)−0.547%−$55 · spread now +0.123%, 7d avg +0.029%

Together, before fees−0.493%+ Points / potential airdropGRVT: Active · farm board−$49 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.094% dearer against Binance than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.029%. The two prices were read 99 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance CRDOUSDT	188.35	0	get 0.0000% / 8h	3h 53m	$4.2M	$8.1M	20x
Short	GRVT CRDO_USDT_Perp	188.58	0	get 0.0000% / 8h	3h 53m	$620	$115K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Binance. 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 BinancebpFee GRVTbpOrdersPrice spread, now +0.123%Rate

Funding earned: $0
Price spread: +0.123% → +0.029%: $9.43
Slippage, 4 orders: −$47.55
Fee Binance: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$57.12
Costs to cover: 0.666%
Break-even: never at this rate

Slippage from Binance: live order book, 15 min ago; GRVT: live order book, 59 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 Binance live order book, 15 min ago	1.58 bp	11.4 bp −$11	42.4 bp −$424	226.5 bp −$22.6K	doesn't fit
Sell GRVT live order book, 59 min ago	2.11 bp	19.5 bp −$20	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	188.26	−0.048%	$1.1M	$2.6M	10x	as long as short
Aster CRDOUSDT	0.0000%	8h	188.54	+0.103%	$38K	$11K	20x	as long as short
Binance CRDOUSDTlong	0.0000%	8h	188.35	long leg	$4.2M	$8.1M	20x
Bybit CRDOUSDT	0.0000%	8h	188.40	+0.027%	$713K	$730K	25x	as long as short
OKX CRDO-USDT-SWAP	0.0000%	8h	188.58	+0.122%	$949K	$1.4M	20x	as long as short
Gate CRDO_USDT	0.0000%	8h	188.48	+0.069%	$655K	$119K	20x	as long as short
Bitget CRDOUSDT	0.0000%	8h	188.44	+0.048%	$1.7M	$1.6M	20x	as long as short
Variational Omni CRDO	0.0000%	8h	188.30	−0.025%	$221K	$59K	—	as long as short
GRVT CRDO_USDT_Perpshort	0.0000%	8h	188.58	+0.123%	$620	$115K	10x
SunX CRDO-USDT	0.0000%	8h	187.52	−0.441%	$1K	$515K	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	188.35	0.000%	$8K	$40K	20x	as long as short
Extended CRDO_24_5-USD	+0.0040%	1h	188.34	−0.005%	$1K	—	5x	as long as short
Vest CRDO-USD-PERP	+0.0046%	1h	188.37	+0.011%	—	—	5x	as long as short
KuCoin CRDOUSDTM	+0.0100%	8h	188.44	+0.048%	$195K	$866K	20x	as long as short
Paragon para:CRDO	+0.1106%	1h	188.57	+0.116%	$1.3M	$460K	10x	as long as short