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: Binance against OKX−0.077%7-day average −0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$50as in the Funding arb table

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

costs, in and out, $10k−$530.529% of the position

Long on OKX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.032%+$3 on $10k

Price spread, last 7 days+0.050%+$5 · spread now −0.077%, 7d avg −0.014%

Together, before fees+0.082%+$8 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: Binance is 0.063% cheaper against OKX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.014%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX CRDO-USDT-SWAP	181.89	0	get 0.0000% / 8h	1h 25m	$913K	$1.7M	20x
Short	Binance CRDOUSDT	181.75	0	get 0.0000% / 8h	1h 25m	$4.0M	$9.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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 OKXbpFee BinancebpOrdersPrice spread, now −0.077%Rate

Funding earned: $0
Price spread: −0.077% → −0.014%: −$6.29
Slippage, 4 orders: −$32.93
Fee OKX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$59.22
Costs to cover: 0.529%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; Binance: live order book, 14 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 OKX live order book, 1 min ago	4.40 bp	14.1 bp −$14	47.3 bp −$473	doesn't fit	doesn't fit
Sell Binance live order book, 14 min ago	2.21 bp	12.7 bp −$13	58.9 bp −$589	137.0 bp −$13.7K	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
Bitget CRDOUSDT	−0.1964%	8h	181.86	−0.016%	$1.7M	$1.8M	20x	as long as short
Aster CRDOUSDT	0.0000%	8h	181.86	−0.015%	$37K	$10K	20x	as long as short
Binance CRDOUSDTshort	0.0000%	8h	181.75	−0.077%	$4.0M	$9.4M	20x
Bybit CRDOUSDT	0.0000%	8h	181.81	−0.044%	$694K	$784K	25x	as long as short
OKX CRDO-USDT-SWAPlong	0.0000%	8h	181.89	long leg	$913K	$1.7M	20x
Gate CRDO_USDT	0.0000%	8h	181.81	−0.044%	$624K	$139K	20x	as long as short
Variational Omni CRDO	0.0000%	8h	181.59	−0.163%	$197K	$133K	—	as long as short
GRVT CRDO_USDT_Perp	0.0000%	8h	181.56	−0.183%	$548	$134K	10x	as long as short
SunX CRDO-USDT	0.0000%	8h	181.37	−0.286%	$1K	$497K	10x	as long as short
HTX CRDO-USDT	0.0000%	8h	181.47	−0.231%	$8K	$41K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CRDO-USD	+0.0013%	1h	181.75	−0.077%	$1.1M	$2.3M	10x	as long as short
Extended CRDO_24_5-USD	+0.0040%	1h	181.88	−0.008%	$1K	—	5x	as long as short
Vest CRDO-USD-PERP	+0.0046%	1h	181.80	−0.049%	—	—	5x	as long as short
KuCoin CRDOUSDTM	+0.0100%	8h	181.70	−0.104%	$192K	$838K	20x	as long as short
Paragon para:CRDO	+0.1048%	1h	182.29	+0.220%	$1.2M	$488K	10x	as long as short