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 −0.098%

Price spread now: Gate against GRVT+0.039%7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$151as in the Funding arb table

Net, price: spread back to 7d avg − costs−$124as in the Price arb table

costs, in and out, $10k−$1281.276% of the position

Long on GRVT Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.238%−$24 on $10k

Price spread, last 3 days (all we have)−0.196%−$20 · spread now +0.039%, 7d avg +0.002%

Together, before fees−0.434%+ Points / potential airdropGRVT: Active · farm board−$43 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 0.037% dearer against GRVT than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT CRDO_USDT_Perp	186.94	0	get 0.0000% / 8h	2h 29m	$445	$156K	10x
Short	Gate CRDO_USDT	187.01	0	get 0.0000% / 8h	2h 29m	$650K	$145K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against GRVT. 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 GRVTbpFee GatebpOrdersPrice spread, now +0.039%Rate

Funding earned: $0
Price spread: +0.039% → +0.002%: $3.71
Slippage, 4 orders: −$103.59
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$123.87
Costs to cover: 1.276%
Break-even: never at this rate

Slippage from GRVT: live order book, 57 min ago; Gate: live order book, 57 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 GRVT live order book, 57 min ago	4.55 bp	21.2 bp −$21	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 57 min ago	6.68 bp	58.6 bp −$59	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	186.92	−0.009%	$1.1M	$3.0M	10x	as long as short
Aster CRDOUSDT	0.0000%	8h	186.95	+0.009%	$38K	$10K	20x	as long as short
Binance CRDOUSDT	0.0000%	8h	186.93	−0.002%	$4.2M	$8.8M	20x	as long as short
Bybit CRDOUSDT	0.0000%	8h	187.01	+0.039%	$734K	$874K	25x	as long as short
OKX CRDO-USDT-SWAP	0.0000%	8h	186.96	+0.012%	$882K	$1.7M	20x	as long as short
Gate CRDO_USDTshort	0.0000%	8h	187.01	+0.039%	$650K	$145K	20x
Bitget CRDOUSDT	0.0000%	8h	186.91	−0.014%	$1.7M	$1.7M	20x	as long as short
Variational Omni CRDO	0.0000%	8h	186.87	−0.038%	$200K	$33K	—	as long as short
GRVT CRDO_USDT_Perplong	0.0000%	8h	186.94	long leg	$445	$156K	10x
SunX CRDO-USDT	0.0000%	8h	186.94	+0.002%	$1K	$662K	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	186.95	+0.007%	$8K	$38K	20x	as long as short
Extended CRDO_24_5-USD	+0.0040%	1h	187.04	+0.055%	$1K	—	5x	as long as short
Vest CRDO-USD-PERP	+0.0046%	1h	186.99	+0.028%	—	—	5x	as long as short
KuCoin CRDOUSDTM	+0.0100%	8h	187.00	+0.034%	$190K	$961K	20x	as long as short
Paragon para:CRDO	+0.0144%	1h	187.14	+0.108%	$894K	$240K	10x	as long as short