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: SunX against Binance−0.021%7-day average +0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$177as in the Funding arb table

Net, price: spread back to 7d avg − costs−$163as in the Price arb table

costs, in and out, $10k−$1611.609% of the position

Long on Binance Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.156%−$16 on $10k

Price spread, last 2 days (all we have)+0.004%$0 · spread now −0.021%, 7d avg +0.002%

Together, before fees−0.152%−$15 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: SunX is 0.022% cheaper against Binance than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance CRDOUSDT	189.18	0	get 0.0000% / 8h	5h 51m	$4.2M	$8.1M	20x
Short	SunX CRDO-USDT	189.14	0	get 0.0000% / 8h	5h 51m	$993	$519K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.021%Rate

Funding earned: $0
Price spread: −0.021% → +0.002%: −$2.24
Slippage, 4 orders: −$142.95
Fee Binance: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$163.19
Costs to cover: 1.609%
Break-even: never at this rate

Slippage from Binance: live order book, 2 min ago; SunX: live order book, 49 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, 2 min ago	0.26 bp	16.5 bp −$16	62.7 bp −$627	200.8 bp −$20.1K	doesn't fit
Sell SunX live order book, 49 min ago	46.90 bp	66.1 bp −$66	doesn't fit	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
QFEX CRDO-USD	−0.0024%	1h	189.15	−0.015%	$1.1M	$2.9M	10x	as long as short
Aster CRDOUSDT	0.0000%	8h	189.37	+0.101%	$38K	$11K	20x	as long as short
Binance CRDOUSDTlong	0.0000%	8h	189.18	long leg	$4.2M	$8.1M	20x
Bybit CRDOUSDT	0.0000%	8h	189.27	+0.048%	$714K	$739K	25x	as long as short
OKX CRDO-USDT-SWAP	0.0000%	8h	189.21	+0.016%	$918K	$1.4M	20x	as long as short
Gate CRDO_USDT	0.0000%	8h	189.17	−0.005%	$657K	$120K	20x	as long as short
Bitget CRDOUSDT	0.0000%	8h	189.02	−0.084%	$1.7M	$1.6M	20x	as long as short
Variational Omni CRDO	0.0000%	8h	189.13	−0.027%	$221K	$59K	—	as long as short
GRVT CRDO_USDT_Perp	0.0000%	8h	189.12	−0.031%	$314	$116K	10x	as long as short
SunX CRDO-USDTshort	0.0000%	8h	189.14	−0.021%	$993	$519K	10x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX CRDO-USDT	0.0000%	8h	189.33	+0.080%	$8K	$39K	20x	as long as short
Extended CRDO_24_5-USD	+0.0040%	1h	189.26	+0.045%	$1K	—	5x	as long as short
Vest CRDO-USD-PERP	+0.0046%	1h	189.24	+0.032%	—	—	5x	as long as short
KuCoin CRDOUSDTM	+0.0100%	8h	188.97	−0.111%	$195K	$894K	20x	as long as short
Paragon para:CRDO	+0.1713%	1h	189.51	+0.175%	$1.3M	$449K	10x	as long as short