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: OKX against Binance+0.217%7-day average +0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$74as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$690.691% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.049%−$5 on $10k

Price spread, last 7 days−0.207%−$21 · spread now +0.217%, 7d avg +0.015%

Together, before fees−0.256%−$26 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: OKX is 0.202% dearer against Binance than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of +0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance CRDOUSDT	184.18	0	get 0.0000% / 8h	6h 57m	$4.0M	$9.7M	20x
Short	OKX CRDO-USDT-SWAP	184.58	0	get 0.0000% / 8h	6h 57m	$952K	$1.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Binance. 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 BinancebpFee OKXbpOrdersPrice spread, now +0.217%Rate

Funding earned: $0
Price spread: +0.217% → +0.015%: $20.15
Slippage, 4 orders: −$49.05
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$48.9
Costs to cover: 0.691%
Break-even: never at this rate

Slippage from Binance: live order book, 12 min ago; OKX: live order book, 5 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 Binance live order book, 12 min ago	1.90 bp	16.9 bp −$17	55.3 bp −$553	177.5 bp −$17.7K	doesn't fit
Sell OKX live order book, 5 min ago	4.61 bp	15.3 bp −$15	46.6 bp −$466	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	−0.0681%	8h	184.45	+0.146%	$1.8M	$1.9M	20x	as long as short
QFEX CRDO-USD	−0.0001%	1h	184.25	+0.037%	$1.1M	$2.2M	10x	as long as short
Aster CRDOUSDT	0.0000%	8h	183.70	−0.259%	$37K	$11K	20x	as long as short
Binance CRDOUSDTlong	0.0000%	8h	184.18	long leg	$4.0M	$9.7M	20x
Bybit CRDOUSDT	0.0000%	8h	184.25	+0.037%	$693K	$694K	25x	as long as short
OKX CRDO-USDT-SWAPshort	0.0000%	8h	184.58	+0.217%	$952K	$1.8M	20x
Gate CRDO_USDT	0.0000%	8h	184.16	−0.012%	$632K	$135K	20x	as long as short
Variational Omni CRDO	0.0000%	8h	183.84	−0.187%	$200K	$132K	—	as long as short
GRVT CRDO_USDT_Perp	0.0000%	8h	184.11	−0.039%	$422	$130K	10x	as long as short
SunX CRDO-USDT	0.0000%	8h	184.29	+0.059%	$984	$417K	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	184.29	+0.059%	$8K	$42K	20x	as long as short
Extended CRDO_24_5-USD	+0.0040%	1h	183.65	−0.291%	$1K	—	5x	as long as short
Vest CRDO-USD-PERP	+0.0046%	1h	184.23	+0.026%	—	—	5x	as long as short
KuCoin CRDOUSDTM	+0.0100%	8h	184.18	−0.001%	$192K	$883K	20x	as long as short
Paragon para:CRDO	+0.0865%	1h	184.42	+0.130%	$1.3M	$484K	10x	as long as short