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: Gate against Bitget+0.084%7-day average −0.039% · you sell dearer than you buy

Net, funding: paid 7d − costs−$150as in the Funding arb table

Net, price: spread back to 7d avg − costs−$125as in the Price arb table

costs, in and out, $10k−$1371.373% of the position

Long on Bitget Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.127%−$13 on $10k

Price spread, last 4 days (all we have)−0.091%−$9 · spread now +0.084%, 7d avg −0.039%

Together, before fees−0.218%−$22 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: Gate is 0.123% dearer against Bitget than usual: you sell high and buy low, +$12 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	Bitget CRDOUSDT	190.78	0	get 0.0000% / 8h	7h 28m	$1.7M	$1.6M	20x
Short	Gate CRDO_USDT	190.94	0	get 0.0000% / 8h	7h 28m	$664K	$124K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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 BitgetbpFee GatebpOrdersPrice spread, now +0.084%Rate

Funding earned: $0
Price spread: +0.084% → −0.039%: $12.3
Slippage, 4 orders: −$110.34
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$125.04
Costs to cover: 1.373%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; Gate: live order book, 43 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 Bitget live order book, 4 min ago	3.16 bp	19.8 bp −$20	52.3 bp −$523	179.8 bp −$18.0K	doesn't fit
Sell Gate live order book, 43 min ago	5.02 bp	77.2 bp −$77	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	−0.0028%	1h	190.68	−0.052%	$1.1M	$3.1M	10x	as long as short
Aster CRDOUSDT	0.0000%	8h	190.77	−0.004%	$38K	$11K	20x	as long as short
Binance CRDOUSDT	0.0000%	8h	190.75	−0.017%	$4.3M	$8.2M	20x	as long as short
Bybit CRDOUSDT	0.0000%	8h	190.83	+0.026%	$723K	$820K	25x	as long as short
OKX CRDO-USDT-SWAP	0.0000%	8h	191.04	+0.136%	$918K	$1.5M	20x	as long as short
Gate CRDO_USDTshort	0.0000%	8h	190.94	+0.084%	$664K	$124K	20x
Bitget CRDOUSDTlong	0.0000%	8h	190.78	long leg	$1.7M	$1.6M	20x
Variational Omni CRDO	0.0000%	8h	190.05	−0.385%	$206K	$42K	—	as long as short
GRVT CRDO_USDT_Perp	0.0000%	8h	190.01	−0.402%	$405	$135K	10x	as long as short
SunX CRDO-USDT	0.0000%	8h	190.63	−0.079%	$986	$567K	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	190.01	−0.404%	$8K	$38K	20x	as long as short
Extended CRDO_24_5-USD	+0.0040%	1h	190.81	+0.013%	$1K	—	5x	as long as short
Vest CRDO-USD-PERP	+0.0046%	1h	190.70	−0.042%	—	—	5x	as long as short
KuCoin CRDOUSDTM	+0.0100%	8h	190.60	−0.094%	$197K	$907K	20x	as long as short
Paragon para:CRDO	+0.1088%	1h	191.07	+0.152%	$1.3M	$456K	10x	as long as short