Funding arb · Price arb /

CRDO

RWAall CRDO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0100%/8hnext payment +$1.00 per $10,000 · paid last 24h −0.021%

Price spread now: KuCoin against Bitget+0.021%7-day average −0.083% · you sell dearer than you buy

Net, funding: paid 7d − costs−$205as in the Funding arb table

Net, price: spread back to 7d avg − costs−$201as in the Price arb table

costs, in and out, $10k−$2112.111% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.065%+$7 on $10k

Price spread, last 3 days (all we have)+0.018%+$2 · spread now +0.021%, 7d avg −0.083%

Together, before fees+0.083%+$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.104% dearer against Bitget than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.083%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget CRDOUSDT	188.17	0	get 0.0000% / 8h	4h 22m	$1.7M	$1.7M	20x
Short	KuCoin CRDOUSDTM	188.21	0.0100	get 0.0100% / 8h	4h 22m	$190K	$955K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.021%Rate

Funding earned: $21
Price spread: +0.021% → −0.083%: $10.4
Slippage, 4 orders: −$187.09
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$179.69
Costs to cover: 2.111%
Break-even: 66.9 days

Slippage from Bitget: live order book, 9 min ago; KuCoin: live order book, 6 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, 9 min ago	5.61 bp	15.4 bp −$15	49.8 bp −$498	146.1 bp −$14.6K	doesn't fit
Sell KuCoin live order book, 6 min ago	10.69 bp	82.2 bp −$82	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	−0.0001%	1h	188.34	+0.090%	$1.1M	$2.7M	10x	as long as short
Aster CRDOUSDT	0.0000%	8h	188.37	+0.106%	$38K	$10K	20x	as long as short
Binance CRDOUSDT	0.0000%	8h	188.27	+0.053%	$4.5M	$8.6M	20x	as long as short
Bybit CRDOUSDT	0.0000%	8h	188.33	+0.085%	$800K	$794K	25x	as long as short
OKX CRDO-USDT-SWAP	0.0000%	8h	188.11	−0.032%	$897K	$1.7M	20x	as long as short
Gate CRDO_USDT	0.0000%	8h	188.29	+0.064%	$656K	$144K	20x	as long as short
Bitget CRDOUSDTlong	0.0000%	8h	188.17	long leg	$1.7M	$1.7M	20x
Variational Omni CRDO	0.0000%	8h	187.46	−0.378%	$201K	$33K	—	as long as short
GRVT CRDO_USDT_Perp	0.0000%	8h	187.73	−0.235%	$839	$159K	10x	as long as short
SunX CRDO-USDT	0.0000%	8h	188.29	+0.064%	$909	$673K	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	188.33	+0.085%	$8K	$37K	20x	as long as short
Extended CRDO_24_5-USD	+0.0040%	1h	188.32	+0.082%	$1K	—	5x	as long as short
Vest CRDO-USD-PERP	+0.0046%	1h	188.21	+0.021%	—	—	5x	as long as short
KuCoin CRDOUSDTMshort	+0.0100%	8h	188.21	+0.021%	$190K	$955K	20x
Paragon para:CRDO	+0.0516%	1h	188.39	+0.117%	$964K	$213K	10x	as long as short