Settings8H · net · $10k
Funding arb · Price arb /

CRDO

RWAall CRDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Bybit−0.063%7-day average −0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs−$439as in the Funding arb table
Net, price: spread back to 7d avg − costs−$442as in the Price arb table
costs, in and out, $10k−$4454.454% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.066%+$7 on $10k
Price spread, last 4 days (all we have)−0.181%−$18 · spread now −0.063%, 7d avg −0.097%
Together, before fees−0.115%−$12 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 0.034% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.097%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CRDOUSDT189.460get 0.0000% / 8h4h 11m$717K$729K25x
ShortKuCoin CRDOUSDTM189.340.0100get 0.0100% / 8h4h 11m$196K$877K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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

Funding earned
$21
Price spread: −0.063% → −0.097%
$3.39
Slippage, 4 orders
−$422.44
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$421.04
Costs to cover
4.454%
Break-even
147.3 days
Slippage from Bybit: live order book, 43 min ago; KuCoin: live order book, 38 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 43 min ago3.16 bp16.8 bp −$17180.6 bp −$1,806doesn't fitdoesn't fit
Sell KuCoin live order book, 38 min ago4.22 bp198.8 bp −$199doesn't fitdoesn't fitdoesn't fit

CRDO on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX CRDO-USD−0.0026%1h189.27−0.100%$1.1M$2.6M10xas long as short
Aster CRDOUSDT0.0000%8h189.57+0.058%$38K$11K20xas long as short
Binance CRDOUSDT0.0000%8h189.37−0.049%$4.2M$8.1M20xas long as short
Bybit CRDOUSDTlong0.0000%8h189.46long leg$717K$729K25x
OKX CRDO-USDT-SWAP0.0000%8h189.43−0.016%$948K$1.4M20xas long as short
Gate CRDO_USDT0.0000%8h189.40−0.032%$658K$120K20xas long as short
Bitget CRDOUSDT0.0000%8h189.47+0.005%$1.7M$1.6M20xas long as short
Variational Omni CRDO0.0000%8h189.30−0.083%$222K$59Kas long as short
GRVT CRDO_USDT_Perp0.0000%8h189.30−0.085%$384$114K10xas long as short
SunX CRDO-USDT0.0000%8h188.47−0.523%$1K$513K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX CRDO-USDT0.0000%8h189.26−0.106%$8K$40K20xas long as short
Extended CRDO_24_5-USD+0.0040%1h189.43−0.016%$1K5xas long as short
Vest CRDO-USD-PERP+0.0046%1h189.33−0.069%5xas long as short
KuCoin CRDOUSDTMshort+0.0100%8h189.34−0.063%$196K$877K20x
Paragon para:CRDO+0.1537%1h189.57+0.056%$1.3M$460K10xas long as short