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 Gate−0.493%7-day average −0.032% · you buy dearer than you sell

Net, funding: paid 7d − costs−$209as in the Funding arb table

Net, price: spread back to 7d avg − costs−$256as in the Price arb table

costs, in and out, $10k−$2092.094% of the position

Long on Gate Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.442%+$44 · spread now −0.493%, 7d avg −0.032%

Together, before fees+0.442%+$44 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 0.461% cheaper against Gate than usual: you would sell low and buy high, −$46 on $10k if it goes back to its 7-day average of −0.032%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate CRDO_USDT	188.48	0	get 0.0000% / 8h	3h 52m	$655K	$119K	20x
Short	SunX CRDO-USDT	187.55	0	get 0.0000% / 8h	3h 52m	$1K	$515K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Gate. 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 GatebpFee SunXbpOrdersPrice spread, now −0.493%Rate

Funding earned: $0
Price spread: −0.493% → −0.032%: −$46.13
Slippage, 4 orders: −$186.43
Fee Gate: 7.5 bp × 2 orders: −$15
Fee SunX: 4 bp × 2 orders: −$8
Net: −$255.56
Costs to cover: 2.094%
Break-even: never at this rate

Slippage from Gate: live order book, 64 min ago; SunX: live order book, 29 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 Gate live order book, 64 min ago	5.53 bp	30.7 bp −$31	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 29 min ago	46.69 bp	65.6 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
QFEX CRDO-USD	−0.0009%	1h	188.30	−0.096%	$1.1M	$2.6M	10x	as long as short
Aster CRDOUSDT	0.0000%	8h	188.52	+0.020%	$38K	$11K	20x	as long as short
Binance CRDOUSDT	0.0000%	8h	188.28	−0.106%	$4.2M	$8.1M	20x	as long as short
Bybit CRDOUSDT	0.0000%	8h	188.36	−0.064%	$713K	$730K	25x	as long as short
OKX CRDO-USDT-SWAP	0.0000%	8h	188.54	+0.032%	$949K	$1.3M	20x	as long as short
Gate CRDO_USDTlong	0.0000%	8h	188.48	long leg	$655K	$119K	20x
Bitget CRDOUSDT	0.0000%	8h	188.44	−0.021%	$1.7M	$1.6M	20x	as long as short
Variational Omni CRDO	0.0000%	8h	188.30	−0.094%	$221K	$59K	—	as long as short
GRVT CRDO_USDT_Perp	0.0000%	8h	188.58	+0.054%	$620	$115K	10x	as long as short
SunX CRDO-USDTshort	0.0000%	8h	187.55	−0.493%	$1K	$515K	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	188.35	−0.069%	$8K	$40K	20x	as long as short
Extended CRDO_24_5-USD	+0.0040%	1h	188.29	−0.101%	$1K	—	5x	as long as short
Vest CRDO-USD-PERP	+0.0046%	1h	188.41	−0.037%	—	—	5x	as long as short
KuCoin CRDOUSDTM	+0.0100%	8h	188.32	−0.085%	$196K	$866K	20x	as long as short
Paragon para:CRDO	+0.1202%	1h	188.67	+0.101%	$1.3M	$460K	10x	as long as short