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: SunX against Binance+0.052%7-day average +0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$187as in the Funding arb table

Net, price: spread back to 7d avg − costs−$167as in the Price arb table

costs, in and out, $10k−$1711.712% of the position

Long on Binance Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.156%−$16 on $10k

Price spread, last 4 days (all we have)−0.076%−$8 · spread now +0.052%, 7d avg +0.006%

Together, before fees−0.232%−$23 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 0.046% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance CRDOUSDT	181.22	0	get 0.0000% / 8h	1h 41m	$4.0M	$9.4M	20x
Short	SunX CRDO-USDT	181.31	0	get 0.0000% / 8h	1h 41m	$1K	$507K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Binance. 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 BinancebpFee SunXbpOrdersPrice spread, now +0.052%Rate

Funding earned: $0
Price spread: +0.052% → +0.006%: $4.62
Slippage, 4 orders: −$153.18
Fee Binance: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$166.56
Costs to cover: 1.712%
Break-even: never at this rate

Slippage from Binance: live order book, 13 min ago; SunX: live order book, 20 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 Binance live order book, 13 min ago	2.75 bp	17.5 bp −$17	61.0 bp −$610	217.5 bp −$21.7K	doesn't fit
Sell SunX live order book, 20 min ago	47.64 bp	66.6 bp −$67	doesn't fit	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	−0.1939%	8h	181.44	+0.124%	$1.7M	$1.8M	20x	as long as short
Aster CRDOUSDT	0.0000%	8h	181.56	+0.192%	$36K	$11K	20x	as long as short
Binance CRDOUSDTlong	0.0000%	8h	181.22	long leg	$4.0M	$9.4M	20x
Bybit CRDOUSDT	0.0000%	8h	181.34	+0.068%	$699K	$776K	25x	as long as short
OKX CRDO-USDT-SWAP	0.0000%	8h	181.24	+0.013%	$913K	$1.6M	20x	as long as short
Gate CRDO_USDT	0.0000%	8h	181.42	+0.113%	$623K	$139K	20x	as long as short
Variational Omni CRDO	0.0000%	8h	181.02	−0.106%	$196K	$133K	—	as long as short
GRVT CRDO_USDT_Perp	0.0000%	8h	181.07	−0.080%	$648	$134K	10x	as long as short
SunX CRDO-USDTshort	0.0000%	8h	181.31	+0.052%	$1K	$507K	10x
HTX CRDO-USDT	0.0000%	8h	181.23	+0.008%	$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	181.16	−0.031%	$1.1M	$2.3M	10x	as long as short
Extended CRDO_24_5-USD	+0.0040%	1h	181.30	+0.046%	$1K	—	5x	as long as short
Vest CRDO-USD-PERP	+0.0046%	1h	181.32	+0.057%	—	—	5x	as long as short
KuCoin CRDOUSDTM	+0.0100%	8h	181.28	+0.035%	$192K	$839K	20x	as long as short
Paragon para:CRDO	+0.0904%	1h	181.76	+0.300%	$1.2M	$488K	10x	as long as short