Funding arb · Price arb /

CRDO

RWAall CRDO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.053%

Price spread now: SunX against Bitget−0.005%7-day average −0.077% · you buy dearer than you sell

Net, funding: paid 7d − costs−$183as in the Funding arb table

Net, price: spread back to 7d avg − costs−$161as in the Price arb table

costs, in and out, $10k−$1681.683% of the position

Long on Bitget Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.146%−$15 on $10k

Price spread, last 3 days (all we have)−0.003%$0 · spread now −0.005%, 7d avg −0.077%

Together, before fees−0.149%−$15 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 0.071% dearer against Bitget than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.077%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget CRDOUSDT	187.08	0	get 0.0000% / 8h	2h 22m	$1.7M	$1.7M	20x
Short	SunX CRDO-USDT	187.07	0	get 0.0000% / 8h	2h 22m	$1K	$663K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.005%Rate

Funding earned: $0
Price spread: −0.005% → −0.077%: $7.12
Slippage, 4 orders: −$148.25
Fee Bitget: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$161.14
Costs to cover: 1.683%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; SunX: 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 Bitget live order book, 4 min ago	5.07 bp	19.1 bp −$19	53.7 bp −$537	151.0 bp −$15.1K	doesn't fit
Sell SunX live order book, 59 min ago	46.00 bp	64.7 bp −$65	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	−0.0007%	1h	187.07	−0.005%	$1.1M	$3.0M	10x	as long as short
Aster CRDOUSDT	0.0000%	8h	186.72	−0.190%	$37K	$10K	20x	as long as short
Binance CRDOUSDT	0.0000%	8h	187.04	−0.021%	$4.2M	$8.8M	20x	as long as short
Bybit CRDOUSDT	0.0000%	8h	186.93	−0.080%	$733K	$874K	25x	as long as short
OKX CRDO-USDT-SWAP	0.0000%	8h	187.29	+0.112%	$883K	$1.7M	20x	as long as short
Gate CRDO_USDT	0.0000%	8h	187.15	+0.037%	$651K	$145K	20x	as long as short
Bitget CRDOUSDTlong	0.0000%	8h	187.08	long leg	$1.7M	$1.7M	20x
Variational Omni CRDO	0.0000%	8h	187.07	−0.003%	$200K	$33K	—	as long as short
GRVT CRDO_USDT_Perp	0.0000%	8h	186.97	−0.059%	$436	$156K	10x	as long as short
SunX CRDO-USDTshort	0.0000%	8h	187.07	−0.005%	$1K	$663K	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	187.10	+0.011%	$8K	$38K	20x	as long as short
Extended CRDO_24_5-USD	+0.0040%	1h	186.98	−0.052%	$1K	—	5x	as long as short
Vest CRDO-USD-PERP	+0.0046%	1h	187.17	+0.048%	—	—	5x	as long as short
KuCoin CRDOUSDTM	+0.0100%	8h	186.91	−0.091%	$190K	$959K	20x	as long as short
Paragon para:CRDO	+0.0223%	1h	186.98	−0.053%	$893K	$240K	10x	as long as short