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 Gate−0.142%7-day average −0.046% · you buy dearer than you sell

Net, funding: paid 7d − costs−$252as in the Funding arb table

Net, price: spread back to 7d avg − costs−$261as in the Price arb table

costs, in and out, $10k−$2522.518% of the position

Long on Gate Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.106%+$11 · spread now −0.142%, 7d avg −0.046%

Together, before fees+0.106%+$11 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 0.096% cheaper against Gate than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.046%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate CRDO_USDT	182.93	0	get 0.0000% / 8h	1h 17m	$628K	$140K	20x
Short	SunX CRDO-USDT	182.67	0	get 0.0000% / 8h	1h 17m	$1K	$496K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.142%Rate

Funding earned: $0
Price spread: −0.142% → −0.046%: −$9.63
Slippage, 4 orders: −$228.79
Fee Gate: 7.5 bp × 2 orders: −$15
Fee SunX: 4 bp × 2 orders: −$8
Net: −$261.42
Costs to cover: 2.518%
Break-even: never at this rate

Slippage from Gate: live order book, 24 min ago; SunX: live order book, 44 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, 24 min ago	9.10 bp	27.6 bp −$28	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 44 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	−0.1792%	8h	183.15	+0.120%	$1.7M	$1.8M	20x	as long as short
Aster CRDOUSDT	0.0000%	8h	183.15	+0.120%	$37K	$10K	20x	as long as short
Binance CRDOUSDT	0.0000%	8h	183.02	+0.051%	$4.0M	$9.5M	20x	as long as short
Bybit CRDOUSDT	0.0000%	8h	183.14	+0.115%	$686K	$748K	25x	as long as short
OKX CRDO-USDT-SWAP	0.0000%	8h	183.06	+0.071%	$914K	$1.7M	20x	as long as short
Gate CRDO_USDTlong	0.0000%	8h	182.93	long leg	$628K	$140K	20x
Variational Omni CRDO	0.0000%	8h	182.79	−0.075%	$198K	$133K	—	as long as short
GRVT CRDO_USDT_Perp	0.0000%	8h	182.71	−0.121%	$842	$135K	10x	as long as short
SunX CRDO-USDTshort	0.0000%	8h	182.67	−0.142%	$1K	$496K	10x
HTX CRDO-USDT	0.0000%	8h	182.68	−0.137%	$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	183.01	+0.044%	$1.1M	$2.3M	10x	as long as short
Extended CRDO_24_5-USD	+0.0040%	1h	182.99	+0.030%	$1K	—	5x	as long as short
Vest CRDO-USD-PERP	+0.0046%	1h	183.13	+0.109%	—	—	5x	as long as short
KuCoin CRDOUSDTM	+0.0100%	8h	182.98	+0.027%	$193K	$836K	20x	as long as short
Paragon para:CRDO	+0.1010%	1h	183.42	+0.268%	$1.3M	$489K	10x	as long as short