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: SunX against Binance+0.176%7-day average +0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$176as in the Funding arb table

Net, price: spread back to 7d avg − costs−$144as in the Price arb table

costs, in and out, $10k−$1601.599% of the position

Long on Binance Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.156%−$16 on $10k

Price spread, last 4 days (all we have)+0.019%+$2 · spread now +0.176%, 7d avg +0.014%

Together, before fees−0.137%−$14 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: SunX is 0.162% dearer against Binance than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.014%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance CRDOUSDT	184.58	0	get 0.0000% / 8h	2h 50m	$4.1M	$8.7M	20x
Short	SunX CRDO-USDT	184.91	0	get 0.0000% / 8h	2h 50m	$962	$513K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.176%Rate

Funding earned: $0
Price spread: +0.176% → +0.014%: $16.17
Slippage, 4 orders: −$141.9
Fee Binance: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$143.73
Costs to cover: 1.599%
Break-even: never at this rate

Slippage from Binance: live order book, 4 min ago; SunX: live order book, 20 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, 4 min ago	2.72 bp	16.2 bp −$16	49.6 bp −$496	155.8 bp −$15.6K	doesn't fit
Sell SunX live order book, 20 min ago	47.08 bp	66.2 bp −$66	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	−0.1285%	8h	184.61	+0.014%	$1.6M	$1.5M	20x	as long as short
QFEX CRDO-USD	−0.0006%	1h	184.36	−0.122%	$1.1M	$2.5M	10x	as long as short
Aster CRDOUSDT	0.0000%	8h	184.59	+0.005%	$37K	$11K	20x	as long as short
Binance CRDOUSDTlong	0.0000%	8h	184.58	long leg	$4.1M	$8.7M	20x
Bybit CRDOUSDT	0.0000%	8h	184.65	+0.035%	$705K	$746K	25x	as long as short
OKX CRDO-USDT-SWAP	0.0000%	8h	184.62	+0.019%	$942K	$1.5M	20x	as long as short
Gate CRDO_USDT	0.0000%	8h	184.62	+0.019%	$658K	$126K	20x	as long as short
Variational Omni CRDO	0.0000%	8h	184.48	−0.055%	$230K	$104K	—	as long as short
GRVT CRDO_USDT_Perp	0.0000%	8h	184.13	−0.246%	$690	$125K	10x	as long as short
SunX CRDO-USDTshort	0.0000%	8h	184.91	+0.176%	$962	$513K	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	184.49	−0.051%	$8K	$41K	20x	as long as short
Extended CRDO_24_5-USD	+0.0040%	1h	184.52	−0.033%	$1K	—	5x	as long as short
Vest CRDO-USD-PERP	+0.0046%	1h	184.43	−0.084%	—	—	5x	as long as short
KuCoin CRDOUSDTM	+0.0100%	8h	184.24	−0.187%	$195K	$853K	20x	as long as short
Paragon para:CRDO	+0.1161%	1h	184.72	+0.073%	$1.3M	$469K	10x	as long as short