Funding arb · Price arb /

CRDO

RWAall CRDO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0017%/8h= +1.8% APRpaid last 24h +0.003%

Price spread now: HTX against QFEX+0.005%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 HTX

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—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX CRDO-USD	188.74	−0.0017	get 0.0002% / 1h	19m 16s	$1.1M	$2.9M	10x
Short	HTX CRDO-USDT	188.75	0	get 0.0000% / 8h	6h 19m	$8K	$39K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.005%Rate

Funding earned: $3.54
Price spread: +0.005% → 0.000%: $0.53
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$17.93
Costs to cover: 0.220%
Break-even: 42.4 days

Slippage unknown: QFEX: live order book, 4 min ago; HTX: 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, 4 min ago	1.32 bp	7.3 bp −$7	15.7 bp −$157	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

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
QFEX CRDO-USDlong	−0.0017%	1h	188.74	long leg	$1.1M	$2.9M	10x
Aster CRDOUSDT	0.0000%	8h	188.92	+0.094%	$38K	$11K	20x	as long as short
Binance CRDOUSDT	0.0000%	8h	188.74	−0.002%	$4.2M	$8.2M	20x	as long as short
Bybit CRDOUSDT	0.0000%	8h	188.94	+0.106%	$714K	$745K	25x	as long as short
OKX CRDO-USDT-SWAP	0.0000%	8h	188.80	+0.032%	$908K	$1.4M	20x	as long as short
Gate CRDO_USDT	0.0000%	8h	188.98	+0.127%	$657K	$120K	20x	as long as short
Bitget CRDOUSDT	0.0000%	8h	188.90	+0.085%	$1.7M	$1.6M	20x	as long as short
Variational Omni CRDO	0.0000%	8h	188.79	+0.027%	$221K	$59K	—	as long as short
GRVT CRDO_USDT_Perp	0.0000%	8h	189.07	+0.173%	$238	$130K	10x	as long as short
SunX CRDO-USDT	0.0000%	8h	188.75	+0.005%	$993	$550K	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-USDTshort	0.0000%	8h	188.75	+0.005%	$8K	$39K	20x
Extended CRDO_24_5-USD	+0.0040%	1h	188.85	+0.061%	$1K	—	5x	as long as short
Vest CRDO-USD-PERP	+0.0046%	1h	188.94	+0.106%	—	—	5x	as long as short
KuCoin CRDOUSDTM	+0.0100%	8h	188.79	+0.026%	$195K	$900K	20x	as long as short
Paragon para:CRDO	+0.1760%	1h	189.31	+0.300%	$1.3M	$460K	10x	as long as short