Funding arb · Price arb /

CRDO

RWAall CRDO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against OKX−0.060%7-day average −0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs−$86as in the Price arb table

costs, in and out, $10k−$810.810% of the position

Long on OKX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.049%+$5 on $10k

Price spread, last 7 days+0.051%+$5 · spread now −0.060%, 7d avg −0.015%

Together, before fees+0.100%+$10 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: Binance is 0.045% cheaper against OKX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX CRDO-USDT-SWAP	182.68	0	get 0.0000% / 8h	7h 47m	$902K	$1.7M	20x
Short	Binance CRDOUSDT	182.57	0	get 0.0000% / 8h	7h 47m	$4.0M	$9.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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 OKXbpFee BinancebpOrdersPrice spread, now −0.060%Rate

Funding earned: $0
Price spread: −0.060% → −0.015%: −$4.52
Slippage, 4 orders: −$61.03
Fee OKX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$85.55
Costs to cover: 0.810%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; Binance: live order book, 7 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 OKX live order book, 4 min ago	6.02 bp	22.9 bp −$23	61.2 bp −$612	doesn't fit	doesn't fit
Sell Binance live order book, 7 min ago	1.38 bp	21.7 bp −$22	69.4 bp −$694	167.3 bp −$16.7K	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
GRVT CRDO_USDT_Perp	−0.1446%	8h	181.92	−0.415%	$750	$133K	10x	as long as short
Bitget CRDOUSDT	−0.0994%	8h	182.67	−0.005%	$1.7M	$1.9M	20x	as long as short
QFEX CRDO-USD	−0.0028%	1h	182.49	−0.104%	$1.1M	$2.3M	10x	as long as short
Aster CRDOUSDT	0.0000%	8h	182.56	−0.065%	$37K	$11K	20x	as long as short
Binance CRDOUSDTshort	0.0000%	8h	182.57	−0.060%	$4.0M	$9.7M	20x
Bybit CRDOUSDT	0.0000%	8h	182.55	−0.071%	$685K	$765K	25x	as long as short
OKX CRDO-USDT-SWAPlong	0.0000%	8h	182.68	long leg	$902K	$1.7M	20x
Gate CRDO_USDT	0.0000%	8h	182.53	−0.082%	$627K	$138K	20x	as long as short
Variational Omni CRDO	0.0000%	8h	182.55	−0.071%	$198K	$133K	—	as long as short
SunX CRDO-USDT	0.0000%	8h	182.63	−0.027%	$975	$450K	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	182.47	−0.115%	$8K	$41K	20x	as long as short
Extended CRDO_24_5-USD	+0.0040%	1h	182.46	−0.120%	$1K	—	5x	as long as short
Vest CRDO-USD-PERP	+0.0046%	1h	182.66	−0.011%	—	—	5x	as long as short
KuCoin CRDOUSDTM	+0.0100%	8h	182.52	−0.088%	$190K	$832K	20x	as long as short
Paragon para:CRDO	+0.1274%	1h	182.75	+0.040%	$1.3M	$482K	10x	as long as short