Funding arb · Price arb /

CRDO

RWAall CRDO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0930%/8h= +101.9% APRpaid last 24h +0.198%

Price spread now: Paragon against HTX+0.108%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on HTX Short on Paragon

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and Paragon is 0.108% dearer against HTX than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX CRDO-USDT	182.13	0	get 0.0000% / 8h	2h 31m	$8K	$41K	20x
Short	Paragon para:CRDO	182.33	0.0930	get 0.0116% / 1h	31m 05s	$1.3M	$469K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paragon against HTX. 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 HTXbpFee ParagonbpOrdersPrice spread, now +0.108%Rate

Funding earned: $195.38
Price spread: +0.108% → 0.000%: $10.83
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Paragon: 5 bp × 2 orders: −$10
Net: $184.22
Costs to cover: 0.220%
Break-even: 0.4 days

Slippage unknown: HTX: no order-book sample; Paragon: live order book, 6 min ago. Net counts fees only.

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 HTX no order-book sample	—	—	—	—	—
Sell Paragon live order book, 6 min ago	7.63 bp	23.0 bp −$23	49.8 bp −$498	doesn't fit	doesn't fit

HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.1581%	8h	182.23	+0.055%	$1.6M	$1.6M	20x	as long as short
QFEX CRDO-USD	−0.0006%	1h	182.12	−0.005%	$1.1M	$2.4M	10x	as long as short
Aster CRDOUSDT	0.0000%	8h	182.27	+0.075%	$37K	$11K	20x	as long as short
Binance CRDOUSDT	0.0000%	8h	182.19	+0.032%	$4.0M	$8.9M	20x	as long as short
Bybit CRDOUSDT	0.0000%	8h	182.08	−0.027%	$695K	$758K	25x	as long as short
OKX CRDO-USDT-SWAP	0.0000%	8h	182.27	+0.077%	$911K	$1.6M	20x	as long as short
Gate CRDO_USDT	0.0000%	8h	182.16	+0.016%	$650K	$126K	20x	as long as short
Variational Omni CRDO	0.0000%	8h	183.11	+0.539%	$198K	$133K	—	as long as short
GRVT CRDO_USDT_Perp	0.0000%	8h	182.34	+0.114%	$671	$128K	10x	as long as short
SunX CRDO-USDT	0.0000%	8h	182.75	+0.340%	$819	$511K	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-USDTlong	0.0000%	8h	182.13	long leg	$8K	$41K	20x
Extended CRDO_24_5-USD	+0.0040%	1h	182.03	−0.058%	$1K	—	5x	as long as short
Vest CRDO-USD-PERP	+0.0046%	1h	182.14	+0.005%	—	—	5x	as long as short
KuCoin CRDOUSDTM	+0.0100%	8h	182.12	−0.005%	$195K	$848K	20x	as long as short
Paragon para:CRDOshort	+0.0930%	1h	182.33	+0.108%	$1.3M	$469K	10x