Funding arb · Price arb /

CRDO

RWAall CRDO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against OKX+0.102%7-day average −0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$173as in the Funding arb table

Net, price: spread back to 7d avg − costs−$154as in the Price arb table

costs, in and out, $10k−$1661.662% of the position

Long on OKX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.065%−$6 on $10k

Price spread, last 4 days (all we have)−0.140%−$14 · spread now +0.102%, 7d avg −0.019%

Together, before fees−0.205%−$20 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: SunX is 0.121% dearer against OKX than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX CRDO-USDT-SWAP	186.08	0	get 0.0000% / 8h	4h 54m	$965K	$1.8M	20x
Short	SunX CRDO-USDT	186.27	0	get 0.0000% / 8h	4h 54m	$1K	$374K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.102%Rate

Funding earned: $0
Price spread: +0.102% → −0.019%: $12.11
Slippage, 4 orders: −$148.17
Fee OKX: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$154.06
Costs to cover: 1.662%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; SunX: live order book, 39 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, 5 min ago	4.56 bp	18.3 bp −$18	59.8 bp −$598	doesn't fit	doesn't fit
Sell SunX live order book, 39 min ago	45.96 bp	64.8 bp −$65	doesn't fit	doesn't fit	doesn't fit

CRDO on 15 exchanges

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	−0.0043%	1h	186.37	+0.156%	$1.1M	$2.2M	10x	as long as short
Aster CRDOUSDT	0.0000%	8h	185.96	−0.062%	$37K	$11K	20x	as long as short
Binance CRDOUSDT	0.0000%	8h	185.97	−0.056%	$4.1M	$9.9M	20x	as long as short
Bybit CRDOUSDT	0.0000%	8h	185.98	−0.054%	$683K	$714K	25x	as long as short
OKX CRDO-USDT-SWAPlong	0.0000%	8h	186.08	long leg	$965K	$1.8M	20x
Gate CRDO_USDT	0.0000%	8h	186.14	+0.032%	$644K	$140K	20x	as long as short
Bitget CRDOUSDT	0.0000%	8h	186.03	−0.027%	$1.8M	$1.9M	20x	as long as short
Variational Omni CRDO	0.0000%	8h	186.18	+0.054%	$203K	$131K	—	as long as short
SunX CRDO-USDTshort	0.0000%	8h	186.27	+0.102%	$1K	$374K	10x
HTX CRDO-USDT	0.0000%	8h	186.22	+0.075%	$8K	$41K	20x	as long as short

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended CRDO_24_5-USD	+0.0040%	1h	185.87	−0.111%	$1K	—	5x	as long as short
Vest CRDO-USD-PERP	+0.0046%	1h	186.50	+0.226%	—	—	5x	as long as short
KuCoin CRDOUSDTM	+0.0100%	8h	186.16	+0.043%	$192K	$969K	20x	as long as short
GRVT CRDO_USDT_Perp	+0.0427%	8h	186.10	+0.010%	$344	$136K	10x	as long as short
Paragon para:CRDO	+0.0836%	1h	186.61	+0.285%	$1.3M	$508K	10x	as long as short