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: Bybit against OKX0.000%7-day average +0.081% · you sell dearer than you buy

Net, funding: paid 7d − costs−$80as in the Funding arb table

Net, price: spread back to 7d avg − costs−$90as in the Price arb table

costs, in and out, $10k−$820.820% of the position

Long on OKX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.021%+$2 on $10k

Price spread, last 4 days (all we have)+0.098%+$10 · spread now 0.000%, 7d avg +0.081%

Together, before fees+0.120%+$12 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: Bybit is 0.081% cheaper against OKX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.081%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX CRDO-USDT-SWAP	184.92	0	get 0.0000% / 8h	3h 16m	$944K	$1.4M	20x
Short	Bybit CRDOUSDT	184.92	0	get 0.0000% / 8h	3h 16m	$703K	$737K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.081%: −$8.07
Slippage, 4 orders: −$61.01
Fee OKX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$90.08
Costs to cover: 0.820%
Break-even: never at this rate

Slippage from OKX: live order book, just now; Bybit: live order book, 34 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, just now	3.24 bp	12.4 bp −$12	52.5 bp −$525	doesn't fit	doesn't fit
Sell Bybit live order book, 34 min ago	3.99 bp	33.8 bp −$34	179.9 bp −$1,799	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
Bitget CRDOUSDT	−0.0443%	8h	184.99	+0.038%	$1.7M	$1.4M	20x	as long as short
QFEX CRDO-USD	−0.0009%	1h	184.99	+0.038%	$1.1M	$2.5M	10x	as long as short
Aster CRDOUSDT	0.0000%	8h	185.04	+0.067%	$37K	$11K	20x	as long as short
Binance CRDOUSDT	0.0000%	8h	184.92	+0.002%	$4.1M	$8.5M	20x	as long as short
Bybit CRDOUSDTshort	0.0000%	8h	184.92	0.000%	$703K	$737K	25x
OKX CRDO-USDT-SWAPlong	0.0000%	8h	184.92	long leg	$944K	$1.4M	20x
Gate CRDO_USDT	0.0000%	8h	184.95	+0.016%	$649K	$122K	20x	as long as short
Variational Omni CRDO	0.0000%	8h	185.64	+0.388%	$231K	$105K	—	as long as short
GRVT CRDO_USDT_Perp	0.0000%	8h	185.73	+0.438%	$678	$119K	10x	as long as short
SunX CRDO-USDT	0.0000%	8h	184.42	−0.270%	$922	$512K	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	184.77	−0.081%	$8K	$40K	20x	as long as short
Extended CRDO_24_5-USD	+0.0040%	1h	184.94	+0.008%	$1K	—	5x	as long as short
Vest CRDO-USD-PERP	+0.0046%	1h	184.94	+0.011%	—	—	5x	as long as short
KuCoin CRDOUSDTM	+0.0100%	8h	184.93	+0.005%	$193K	$861K	20x	as long as short
Paragon para:CRDO	+0.1375%	1h	185.26	+0.183%	$1.3M	$468K	10x	as long as short