Funding arb · Price arb /

CRDO

RWAall CRDO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.012%

Price spread now: Gate against Extended−0.079%7-day average — · you buy dearer than you sell

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

Long on Extended Short on Gate

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—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.079% cheaper against Extended than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended CRDO_24_5-USD	187.33	0.0040	pay 0.0005% / 1h	49m 22s	$1K	—	5x
Short	Gate CRDO_USDT	187.18	0	get 0.0000% / 8h	1h 49m	$651K	$139K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Extended. 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 ExtendedbpFee GatebpOrdersPrice spread, now −0.079%Rate

Funding earned: −$8.4
Price spread: −0.079% → 0.000%: −$7.86
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$36.26
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Extended: no order-book sample; Gate: live order book, 32 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 Extended no order-book sample	—	—	—	—	—
Sell Gate live order book, 32 min ago	5.07 bp	82.4 bp −$82	doesn't fit	doesn't fit	doesn't fit

Extended: 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
QFEX CRDO-USD	−0.0001%	1h	187.20	−0.068%	$1.1M	$3.0M	10x	as long as short
Aster CRDOUSDT	0.0000%	8h	187.52	+0.101%	$38K	$11K	20x	as long as short
Binance CRDOUSDT	0.0000%	8h	187.20	−0.066%	$4.2M	$8.6M	20x	as long as short
Bybit CRDOUSDT	0.0000%	8h	187.29	−0.020%	$734K	$852K	25x	as long as short
OKX CRDO-USDT-SWAP	0.0000%	8h	187.23	−0.052%	$881K	$1.6M	20x	as long as short
Gate CRDO_USDTshort	0.0000%	8h	187.18	−0.079%	$651K	$139K	20x
Bitget CRDOUSDT	0.0000%	8h	187.33	+0.001%	$1.7M	$1.7M	20x	as long as short
Variational Omni CRDO	0.0000%	8h	187.09	−0.124%	$200K	$33K	—	as long as short
GRVT CRDO_USDT_Perp	0.0000%	8h	187.17	−0.082%	$689	$154K	10x	as long as short
SunX CRDO-USDT	0.0000%	8h	187.21	−0.063%	$957	$647K	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	187.24	−0.047%	$8K	$38K	20x	as long as short
Extended CRDO_24_5-USDlong	+0.0040%	1h	187.33	long leg	$1K	—	5x
Vest CRDO-USD-PERP	+0.0046%	1h	187.33	+0.001%	—	—	5x	as long as short
KuCoin CRDOUSDTM	+0.0100%	8h	187.10	−0.121%	$190K	$946K	20x	as long as short
Paragon para:CRDO	+0.0601%	1h	187.38	+0.028%	$931K	$259K	10x	as long as short