Funding arb · Price arb /

CRDO

RWAall CRDO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.053%

Price spread now: OKX against Bitget+0.032%7-day average −0.041% · you sell dearer than you buy

Net, funding: paid 7d − costs−$64as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$660.664% of the position

Long on Bitget Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.023%+$2 on $10k

Price spread, last 7 days−0.017%−$2 · spread now +0.032%, 7d avg −0.041%

Together, before fees+0.006%+$1 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 0.073% dearer against Bitget than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.041%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget CRDOUSDT	188.68	0	get 0.0000% / 8h	38m 08s	$1.7M	$1.7M	20x
Short	OKX CRDO-USDT-SWAP	188.74	0	get 0.0000% / 8h	38m 08s	$889K	$1.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.032%Rate

Funding earned: $0
Price spread: +0.032% → −0.041%: $7.3
Slippage, 4 orders: −$44.42
Fee Bitget: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$59.12
Costs to cover: 0.664%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; OKX: live order book, 4 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	7.16 bp	19.6 bp −$20	43.5 bp −$435	159.3 bp −$15.9K	doesn't fit
Sell OKX live order book, 4 min ago	6.63 bp	14.2 bp −$14	31.4 bp −$314	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	−0.0027%	1h	188.65	−0.016%	$1.1M	$3.1M	10x	as long as short
Aster CRDOUSDT	0.0000%	8h	188.62	−0.033%	$38K	$11K	20x	as long as short
Binance CRDOUSDT	0.0000%	8h	188.62	−0.032%	$4.2M	$8.4M	20x	as long as short
Bybit CRDOUSDT	0.0000%	8h	188.70	+0.011%	$730K	$819K	25x	as long as short
OKX CRDO-USDT-SWAPshort	0.0000%	8h	188.74	+0.032%	$889K	$1.6M	20x
Gate CRDO_USDT	0.0000%	8h	188.61	−0.037%	$656K	$140K	20x	as long as short
Bitget CRDOUSDTlong	0.0000%	8h	188.68	long leg	$1.7M	$1.7M	20x
Variational Omni CRDO	0.0000%	8h	188.48	−0.105%	$201K	$34K	—	as long as short
GRVT CRDO_USDT_Perp	0.0000%	8h	188.49	−0.102%	$746	$141K	10x	as long as short
SunX CRDO-USDT	0.0000%	8h	188.63	−0.026%	$1K	$620K	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	188.51	−0.090%	$8K	$38K	20x	as long as short
Extended CRDO_24_5-USD	+0.0040%	1h	188.61	−0.038%	$1K	—	5x	as long as short
Vest CRDO-USD-PERP	+0.0046%	1h	188.68	0.000%	—	—	5x	as long as short
KuCoin CRDOUSDTM	+0.0100%	8h	188.55	−0.069%	$190K	$923K	20x	as long as short
Paragon para:CRDO	+0.0434%	1h	188.62	−0.029%	$937K	$252K	10x	as long as short