Funding arb · Price arb /

CRDO

RWAall CRDO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0028%/8h= +3.0% APRpaid last 24h +0.003%

Price spread now: Aster against QFEX+0.124%7-day average — · you sell dearer than you buy

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

Long on QFEX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aster is 0.124% dearer against QFEX than usual: you sell high and buy low: +$12 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	QFEX CRDO-USD	190.58	−0.0028	get 0.0003% / 1h	9m 56s	$1.1M	$3.0M	10x
Short	Aster CRDOUSDT	190.82	0	get 0.0000% / 8h	7h 09m	$38K	$11K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against QFEX. 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 QFEXbpFee AsterbpOrdersPrice spread, now +0.124%Rate

Funding earned: $5.8
Price spread: +0.124% → 0.000%: $12.39
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: $0.19
Costs to cover: 0.180%
Break-even: 6.8 days

Slippage unknown: QFEX: live order book, 3 min ago; Aster: no order-book sample. 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 QFEX live order book, 3 min ago	1.57 bp	10.7 bp −$11	16.0 bp −$160	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: 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
QFEX CRDO-USDlong	−0.0028%	1h	190.58	long leg	$1.1M	$3.0M	10x
Aster CRDOUSDTshort	0.0000%	8h	190.82	+0.124%	$38K	$11K	20x
Binance CRDOUSDT	0.0000%	8h	190.61	+0.015%	$4.3M	$8.2M	20x	as long as short
Bybit CRDOUSDT	0.0000%	8h	190.73	+0.079%	$721K	$813K	25x	as long as short
OKX CRDO-USDT-SWAP	0.0000%	8h	190.66	+0.042%	$918K	$1.5M	20x	as long as short
Gate CRDO_USDT	0.0000%	8h	190.68	+0.052%	$663K	$124K	20x	as long as short
Bitget CRDOUSDT	0.0000%	8h	190.69	+0.058%	$1.7M	$1.6M	20x	as long as short
Variational Omni CRDO	0.0000%	8h	190.51	−0.035%	$206K	$42K	—	as long as short
GRVT CRDO_USDT_Perp	0.0000%	8h	190.76	+0.093%	$334	$133K	10x	as long as short
SunX CRDO-USDT	0.0000%	8h	190.57	−0.005%	$850	$564K	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	190.53	−0.026%	$8K	$39K	20x	as long as short
Extended CRDO_24_5-USD	+0.0040%	1h	190.77	+0.100%	$1K	—	5x	as long as short
Vest CRDO-USD-PERP	+0.0046%	1h	190.72	+0.073%	—	—	5x	as long as short
KuCoin CRDOUSDTM	+0.0100%	8h	190.52	−0.031%	$198K	$906K	20x	as long as short
Paragon para:CRDO	+0.1118%	1h	191.17	+0.310%	$1.3M	$443K	10x	as long as short