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: GRVT against SunX+0.019%7-day average +0.039% · you sell dearer than you buy

Net, funding: paid 7d − costs−$191as in the Funding arb table

Net, price: spread back to 7d avg − costs−$207as in the Price arb table

costs, in and out, $10k−$2052.052% of the position

Long on SunX Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.147%+$15 on $10k

Price spread, last 4 days (all we have)−0.010%−$1 · spread now +0.019%, 7d avg +0.039%

Together, before fees+0.136%+ Points / potential airdropGRVT: Active · farm board+$14 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 0.020% cheaper against SunX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.039%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX CRDO-USDT	183.66	0	get 0.0000% / 8h	6h 20m	$979	$403K	10x
Short	GRVT CRDO_USDT_Perp	183.69	0	get 0.0000% / 8h	6h 20m	$448	$130K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against SunX. 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 SunXbpFee GRVTbpOrdersPrice spread, now +0.019%Rate

Funding earned: $0
Price spread: +0.019% → +0.039%: −$2.01
Slippage, 4 orders: −$188.22
Fee SunX: 4 bp × 2 orders: −$8
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$207.22
Costs to cover: 2.052%
Break-even: never at this rate

Slippage from SunX: live order book, 23 min ago; GRVT: live order book, 28 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 SunX live order book, 23 min ago	47.05 bp	65.4 bp −$65	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 28 min ago	3.27 bp	35.4 bp −$35	doesn't fit	doesn't fit	doesn't fit

CRDO on 15 exchanges

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	−0.0447%	8h	183.69	+0.016%	$1.7M	$1.9M	20x	as long as short
QFEX CRDO-USD	−0.0001%	1h	183.65	−0.005%	$1.1M	$2.3M	10x	as long as short
Aster CRDOUSDT	0.0000%	8h	183.66	+0.002%	$37K	$11K	20x	as long as short
Binance CRDOUSDT	0.0000%	8h	183.60	−0.030%	$4.0M	$9.7M	20x	as long as short
Bybit CRDOUSDT	0.0000%	8h	183.65	−0.005%	$675K	$703K	25x	as long as short
OKX CRDO-USDT-SWAP	0.0000%	8h	183.77	+0.060%	$941K	$1.8M	20x	as long as short
Gate CRDO_USDT	0.0000%	8h	183.64	−0.011%	$631K	$135K	20x	as long as short
Variational Omni CRDO	0.0000%	8h	183.62	−0.023%	$200K	$132K	—	as long as short
GRVT CRDO_USDT_Perpshort	0.0000%	8h	183.69	+0.019%	$448	$130K	10x
SunX CRDO-USDTlong	0.0000%	8h	183.66	long leg	$979	$403K	10x

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX CRDO-USDT	0.0000%	8h	183.72	+0.033%	$8K	$42K	20x	as long as short
Extended CRDO_24_5-USD	+0.0040%	1h	183.50	−0.087%	$1K	—	5x	as long as short
Vest CRDO-USD-PERP	+0.0046%	1h	183.79	+0.071%	—	—	5x	as long as short
KuCoin CRDOUSDTM	+0.0100%	8h	183.94	+0.152%	$188K	$903K	20x	as long as short
Paragon para:CRDO	+0.0967%	1h	183.62	−0.022%	$1.2M	$502K	10x	as long as short