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: Gate against Bitget+0.085%7-day average −0.039% · you sell dearer than you buy

Net, funding: paid 7d − costs−$158as in the Funding arb table

Net, price: spread back to 7d avg − costs−$133as in the Price arb table

costs, in and out, $10k−$1451.449% of the position

Long on Bitget Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.127%−$13 on $10k

Price spread, last 4 days (all we have)−0.038%−$4 · spread now +0.085%, 7d avg −0.039%

Together, before fees−0.165%−$17 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: Gate is 0.123% dearer against Bitget than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.039%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget CRDOUSDT	189.00	0	get 0.0000% / 8h	5h 42m	$1.7M	$1.6M	20x
Short	Gate CRDO_USDT	189.16	0	get 0.0000% / 8h	5h 42m	$657K	$120K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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 BitgetbpFee GatebpOrdersPrice spread, now +0.085%Rate

Funding earned: $0
Price spread: +0.085% → −0.039%: $12.34
Slippage, 4 orders: −$117.86
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$132.52
Costs to cover: 1.449%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; Gate: live order book, 19 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 Bitget live order book, 5 min ago	2.91 bp	19.5 bp −$20	62.1 bp −$621	doesn't fit	doesn't fit
Sell Gate live order book, 19 min ago	7.93 bp	38.1 bp −$38	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	−0.0024%	1h	189.00	0.000%	$1.1M	$2.9M	10x	as long as short
Aster CRDOUSDT	0.0000%	8h	189.31	+0.164%	$38K	$11K	20x	as long as short
Binance CRDOUSDT	0.0000%	8h	189.06	+0.032%	$4.2M	$8.1M	20x	as long as short
Bybit CRDOUSDT	0.0000%	8h	189.21	+0.111%	$716K	$741K	25x	as long as short
OKX CRDO-USDT-SWAP	0.0000%	8h	189.13	+0.069%	$920K	$1.4M	20x	as long as short
Gate CRDO_USDTshort	0.0000%	8h	189.16	+0.085%	$657K	$120K	20x
Bitget CRDOUSDTlong	0.0000%	8h	189.00	long leg	$1.7M	$1.6M	20x
Variational Omni CRDO	0.0000%	8h	188.70	−0.160%	$221K	$59K	—	as long as short
GRVT CRDO_USDT_Perp	0.0000%	8h	188.78	−0.116%	$308	$116K	10x	as long as short
SunX CRDO-USDT	0.0000%	8h	188.78	−0.116%	$991	$517K	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	188.94	−0.032%	$8K	$39K	20x	as long as short
Extended CRDO_24_5-USD	+0.0040%	1h	189.15	+0.079%	$1K	—	5x	as long as short
Vest CRDO-USD-PERP	+0.0046%	1h	189.15	+0.079%	—	—	5x	as long as short
KuCoin CRDOUSDTM	+0.0100%	8h	188.89	−0.058%	$196K	$892K	20x	as long as short
Paragon para:CRDO	+0.1650%	1h	189.61	+0.323%	$1.3M	$450K	10x	as long as short