Funding arb · Price arb /

CRDO

RWAall CRDO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0891%/8h= +97.6% APRpaid last 24h +0.201%

Price spread now: Paragon against HTX+0.323%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on HTX Short on Paragon

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and Paragon is 0.323% dearer against HTX than usual: you sell high and buy low: +$32 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX CRDO-USDT	181.14	0	get 0.0000% / 8h	1h 39m	$8K	$41K	20x
Short	Paragon para:CRDO	181.72	0.0891	get 0.0111% / 1h	39m 28s	$1.2M	$488K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paragon against HTX. 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 HTXbpFee ParagonbpOrdersPrice spread, now +0.323%Rate

Funding earned: $187.09
Price spread: +0.323% → 0.000%: $32.28
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Paragon: 5 bp × 2 orders: −$10
Net: $197.37
Costs to cover: 0.220%
Break-even: from the start

Slippage unknown: HTX: no order-book sample; Paragon: live order book, 8 min ago. Net counts fees only.

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 HTX no order-book sample	—	—	—	—	—
Sell Paragon live order book, 8 min ago	7.72 bp	33.1 bp −$33	53.5 bp −$535	doesn't fit	doesn't fit

HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Bitget CRDOUSDT	−0.1953%	8h	181.39	+0.138%	$1.7M	$1.8M	20x	as long as short
Aster CRDOUSDT	0.0000%	8h	181.36	+0.123%	$36K	$10K	20x	as long as short
Binance CRDOUSDT	0.0000%	8h	181.06	−0.043%	$3.9M	$9.4M	20x	as long as short
Bybit CRDOUSDT	0.0000%	8h	181.27	+0.072%	$699K	$776K	25x	as long as short
OKX CRDO-USDT-SWAP	0.0000%	8h	181.11	−0.017%	$906K	$1.6M	20x	as long as short
Gate CRDO_USDT	0.0000%	8h	181.20	+0.033%	$622K	$139K	20x	as long as short
Variational Omni CRDO	0.0000%	8h	181.10	−0.023%	$197K	$133K	—	as long as short
GRVT CRDO_USDT_Perp	0.0000%	8h	181.26	+0.066%	$649	$134K	10x	as long as short
SunX CRDO-USDT	0.0000%	8h	181.21	+0.039%	$1K	$507K	10x	as long as short
HTX CRDO-USDTlong	0.0000%	8h	181.14	long leg	$8K	$41K	20x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CRDO-USD	+0.0013%	1h	181.13	−0.006%	$1.1M	$2.3M	10x	as long as short
Extended CRDO_24_5-USD	+0.0040%	1h	181.43	+0.160%	$1K	—	5x	as long as short
Vest CRDO-USD-PERP	+0.0046%	1h	181.35	+0.116%	—	—	5x	as long as short
KuCoin CRDOUSDTM	+0.0100%	8h	181.24	+0.055%	$191K	$839K	20x	as long as short
Paragon para:CRDOshort	+0.0891%	1h	181.72	+0.323%	$1.2M	$488K	10x