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: Bitget against OKX−0.063%7-day average +0.043% · you buy dearer than you sell

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs−$73as in the Price arb table

costs, in and out, $10k−$620.624% of the position

Long on OKX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.003%$0 on $10k

Price spread, last 7 days+0.056%+$6 · spread now −0.063%, 7d avg +0.043%

Together, before fees+0.059%+$6 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: Bitget is 0.106% cheaper against OKX than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.043%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX CRDO-USDT-SWAP	189.14	0	get 0.0000% / 8h	5h 36m	$920K	$1.4M	20x
Short	Bitget CRDOUSDT	189.02	0	get 0.0000% / 8h	5h 36m	$1.7M	$1.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.063%Rate

Funding earned: $0
Price spread: −0.063% → +0.043%: −$10.61
Slippage, 4 orders: −$40.4
Fee OKX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$73.01
Costs to cover: 0.624%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; Bitget: live order book, 1 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, 1 min ago	2.38 bp	15.1 bp −$15	53.9 bp −$539	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	2.38 bp	17.1 bp −$17	49.0 bp −$490	142.5 bp −$14.3K	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	−0.0024%	1h	189.08	−0.032%	$1.1M	$2.9M	10x	as long as short
Aster CRDOUSDT	0.0000%	8h	189.30	+0.085%	$38K	$11K	20x	as long as short
Binance CRDOUSDT	0.0000%	8h	189.18	+0.021%	$4.2M	$8.1M	20x	as long as short
Bybit CRDOUSDT	0.0000%	8h	189.24	+0.053%	$716K	$741K	25x	as long as short
OKX CRDO-USDT-SWAPlong	0.0000%	8h	189.14	long leg	$920K	$1.4M	20x
Gate CRDO_USDT	0.0000%	8h	189.17	+0.016%	$657K	$120K	20x	as long as short
Bitget CRDOUSDTshort	0.0000%	8h	189.02	−0.063%	$1.7M	$1.6M	20x
Variational Omni CRDO	0.0000%	8h	189.10	−0.019%	$221K	$59K	—	as long as short
GRVT CRDO_USDT_Perp	0.0000%	8h	189.06	−0.040%	$293	$116K	10x	as long as short
SunX CRDO-USDT	0.0000%	8h	189.06	−0.042%	$1K	$517K	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	189.13	−0.005%	$8K	$39K	20x	as long as short
Extended CRDO_24_5-USD	+0.0040%	1h	189.25	+0.056%	$1K	—	5x	as long as short
Vest CRDO-USD-PERP	+0.0046%	1h	189.16	+0.011%	—	—	5x	as long as short
KuCoin CRDOUSDTM	+0.0100%	8h	188.96	−0.095%	$196K	$893K	20x	as long as short
Paragon para:CRDO	+0.1637%	1h	189.61	+0.248%	$1.3M	$450K	10x	as long as short