Funding arb · Price arb /

CRDO

RWAall CRDO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0100%/8hnext payment +$1.00 per $10,000 · paid last 24h +0.032%

Price spread now: KuCoin against Gate+0.053%7-day average −0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$221as in the Funding arb table

Net, price: spread back to 7d avg − costs−$233as in the Price arb table

costs, in and out, $10k−$2422.424% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.212%+$21 on $10k

Price spread, last 3 days (all we have)−0.010%−$1 · spread now +0.053%, 7d avg −0.042%

Together, before fees+0.202%+$20 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.095% dearer against Gate than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.042%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate CRDO_USDT	187.33	0	get 0.0000% / 8h	3h 58m	$652K	$145K	20x
Short	KuCoin CRDOUSDTM	187.43	0.0100	get 0.0100% / 8h	3h 58m	$190K	$965K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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 GatebpFee KuCoinbpOrdersPrice spread, now +0.053%Rate

Funding earned: $21
Price spread: +0.053% → −0.042%: $9.54
Slippage, 4 orders: −$215.37
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$211.82
Costs to cover: 2.424%
Break-even: 77.6 days

Slippage from Gate: live order book, 31 min ago; KuCoin: live order book, 29 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 Gate live order book, 31 min ago	8.28 bp	23.3 bp −$23	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 29 min ago	10.69 bp	82.2 bp −$82	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
QFEX CRDO-USD	−0.0008%	1h	187.01	−0.171%	$1.1M	$2.8M	10x	as long as short
Aster CRDOUSDT	0.0000%	8h	187.32	−0.004%	$38K	$10K	20x	as long as short
Binance CRDOUSDT	0.0000%	8h	187.12	−0.111%	$4.2M	$8.9M	20x	as long as short
Bybit CRDOUSDT	0.0000%	8h	187.17	−0.085%	$776K	$823K	25x	as long as short
OKX CRDO-USDT-SWAP	0.0000%	8h	187.24	−0.048%	$881K	$1.7M	20x	as long as short
Gate CRDO_USDTlong	0.0000%	8h	187.33	long leg	$652K	$145K	20x
Bitget CRDOUSDT	0.0000%	8h	187.13	−0.107%	$1.7M	$1.7M	20x	as long as short
Variational Omni CRDO	0.0000%	8h	187.88	+0.295%	$202K	$33K	—	as long as short
GRVT CRDO_USDT_Perp	0.0000%	8h	187.89	+0.298%	$582	$160K	10x	as long as short
SunX CRDO-USDT	0.0000%	8h	187.72	+0.208%	$856	$673K	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	187.92	+0.315%	$8K	$37K	20x	as long as short
Extended CRDO_24_5-USD	+0.0040%	1h	187.41	+0.043%	$1K	—	5x	as long as short
Vest CRDO-USD-PERP	+0.0046%	1h	187.20	−0.069%	—	—	5x	as long as short
KuCoin CRDOUSDTMshort	+0.0100%	8h	187.43	+0.053%	$190K	$965K	20x
Paragon para:CRDO	+0.0370%	1h	187.16	−0.091%	$958K	$212K	10x	as long as short