Funding arb · Price arb /

CRDO

RWAall CRDO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0060%/8h= −6.6% APRpaid last 24h −0.018%

Price spread now: Extended against KuCoin−0.395%7-day average — · you buy dearer than you sell

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

Long on KuCoin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 6 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 −$2 a day on $10k at the current rate, and Extended is 0.395% cheaper against KuCoin than usual: you would sell low and buy high (−$40 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	KuCoin CRDOUSDTM	185.86	0.0100	pay 0.0100% / 8h	5h 44m	$192K	$933K	20x
Short	Extended CRDO_24_5-USD	185.13	0.0040	get 0.0005% / 1h	44m 31s	$1K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against KuCoin. 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 KuCoinbpFee ExtendedbpOrdersPrice spread, now −0.395%Rate

Funding earned: −$12.6
Price spread: −0.395% → 0.000%: −$39.55
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$69.15
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 62 min ago; Extended: no order-book sample. 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 KuCoin live order book, 62 min ago	6.53 bp	189.3 bp −$189	doesn't fit	doesn't fit	doesn't fit
Sell Extended no order-book sample	—	—	—	—	—

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 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
Bitget CRDOUSDT	−0.0171%	8h	185.48	−0.204%	$1.8M	$1.9M	20x	as long as short
QFEX CRDO-USD	−0.0003%	1h	185.53	−0.178%	$1.1M	$2.3M	10x	as long as short
Aster CRDOUSDT	0.0000%	8h	185.65	−0.113%	$37K	$11K	20x	as long as short
Binance CRDOUSDT	0.0000%	8h	185.45	−0.221%	$4.1M	$9.8M	20x	as long as short
Bybit CRDOUSDT	0.0000%	8h	185.37	−0.264%	$682K	$706K	25x	as long as short
OKX CRDO-USDT-SWAP	0.0000%	8h	185.55	−0.167%	$945K	$1.8M	20x	as long as short
Gate CRDO_USDT	0.0000%	8h	185.59	−0.145%	$634K	$139K	20x	as long as short
Variational Omni CRDO	0.0000%	8h	185.46	−0.216%	$202K	$132K	—	as long as short
SunX CRDO-USDT	0.0000%	8h	185.34	−0.280%	$932	$381K	10x	as long as short
HTX CRDO-USDT	0.0000%	8h	185.49	−0.199%	$8K	$42K	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-USDshort	+0.0040%	1h	185.13	−0.395%	$1K	—	5x
Vest CRDO-USD-PERP	+0.0046%	1h	185.60	−0.140%	—	—	5x	as long as short
KuCoin CRDOUSDTMlong	+0.0100%	8h	185.86	long leg	$192K	$933K	20x
GRVT CRDO_USDT_Perp	+0.0530%	8h	185.68	−0.096%	$730	$131K	10x	as long as short
Paragon para:CRDO	+0.0544%	1h	185.48	−0.204%	$1.2M	$503K	10x	as long as short