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: GRVT against OKX+0.093%7-day average +0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$7,497as in the Funding arb table

Net, price: spread back to 7d avg − costs−$7,500as in the Price arb table

costs, in and out, $10k−$7,50675.055% of the position

Long on OKX Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.086%+$9 on $10k

Price spread, last 4 days (all we have)+0.019%+$2 · spread now +0.093%, 7d avg +0.038%

Together, before fees+0.105%+ Points / potential airdropGRVT: Active · farm board+$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: GRVT is 0.055% dearer against OKX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.038%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX CRDO-USDT-SWAP	182.57	0	get 0.0000% / 8h	2h 34m	$912K	$1.6M	20x
Short	GRVT CRDO_USDT_Perp	182.74	0	get 0.0000% / 8h	2h 34m	$252	$125K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.093%Rate

Funding earned: $0
Price spread: +0.093% → +0.038%: $5.54
Slippage, 4 orders: −$7,486.51
Fee OKX: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$7,499.97
Costs to cover: 75.055%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; GRVT: live order book, 8 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, 2 min ago	1.64 bp	26.5 bp −$27	92.7 bp −$927	doesn't fit	doesn't fit
Sell GRVT live order book, 8 min ago	2.46 bp	10.6 bp −$11	31.5 bp −$315	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
Bitget CRDOUSDT	−0.1502%	8h	183.25	+0.372%	$1.6M	$1.6M	20x	as long as short
QFEX CRDO-USD	−0.0006%	1h	182.98	+0.225%	$1.1M	$2.4M	10x	as long as short
Aster CRDOUSDT	0.0000%	8h	182.59	+0.012%	$37K	$11K	20x	as long as short
Binance CRDOUSDT	0.0000%	8h	182.44	−0.071%	$4.0M	$8.9M	20x	as long as short
Bybit CRDOUSDT	0.0000%	8h	182.47	−0.055%	$696K	$758K	25x	as long as short
OKX CRDO-USDT-SWAPlong	0.0000%	8h	182.57	long leg	$912K	$1.6M	20x
Gate CRDO_USDT	0.0000%	8h	182.88	+0.170%	$652K	$126K	20x	as long as short
Variational Omni CRDO	0.0000%	8h	183.11	+0.297%	$198K	$133K	—	as long as short
GRVT CRDO_USDT_Perpshort	0.0000%	8h	182.74	+0.093%	$252	$125K	10x
SunX CRDO-USDT	0.0000%	8h	183.42	+0.466%	$822	$512K	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	182.99	+0.230%	$8K	$41K	20x	as long as short
Extended CRDO_24_5-USD	+0.0040%	1h	182.47	−0.052%	$1K	—	5x	as long as short
Vest CRDO-USD-PERP	+0.0046%	1h	183.07	+0.274%	—	—	5x	as long as short
KuCoin CRDOUSDTM	+0.0100%	8h	182.58	+0.005%	$192K	$849K	20x	as long as short
Paragon para:CRDO	+0.1017%	1h	182.85	+0.153%	$1.3M	$469K	10x	as long as short