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: Gate against KuCoin−0.064%7-day average +0.042% · you buy dearer than you sell

Net, funding: paid 7d − costs−$264as in the Funding arb table

Net, price: spread back to 7d avg − costs−$253as in the Price arb table

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

Long on KuCoin Short on Gate

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)+0.020%+$2 · spread now −0.064%, 7d avg +0.042%

Together, before fees−0.191%−$19 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.106% cheaper against KuCoin than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.042%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin CRDOUSDTM	188.24	0.0100	pay 0.0100% / 8h	4h 23m	$189K	$955K	20x
Short	Gate CRDO_USDT	188.12	0	get 0.0000% / 8h	4h 23m	$656K	$144K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.064%Rate

Funding earned: −$21
Price spread: −0.064% → +0.042%: −$10.58
Slippage, 4 orders: −$215.37
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$273.95
Costs to cover: 2.424%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; Gate: live order book, 7 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 KuCoin live order book, 5 min ago	10.69 bp	95.0 bp −$95	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 7 min ago	8.28 bp	41.9 bp −$42	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	−0.0001%	1h	188.24	0.000%	$1.1M	$2.7M	10x	as long as short
Aster CRDOUSDT	0.0000%	8h	188.23	−0.003%	$38K	$10K	20x	as long as short
Binance CRDOUSDT	0.0000%	8h	188.22	−0.011%	$4.5M	$8.6M	20x	as long as short
Bybit CRDOUSDT	0.0000%	8h	188.25	+0.005%	$800K	$794K	25x	as long as short
OKX CRDO-USDT-SWAP	0.0000%	8h	188.22	−0.011%	$898K	$1.7M	20x	as long as short
Gate CRDO_USDTshort	0.0000%	8h	188.12	−0.064%	$656K	$144K	20x
Bitget CRDOUSDT	0.0000%	8h	188.09	−0.080%	$1.7M	$1.7M	20x	as long as short
Variational Omni CRDO	0.0000%	8h	187.46	−0.415%	$201K	$33K	—	as long as short
GRVT CRDO_USDT_Perp	0.0000%	8h	187.73	−0.272%	$839	$159K	10x	as long as short
SunX CRDO-USDT	0.0000%	8h	188.15	−0.048%	$1K	$669K	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	187.66	−0.308%	$8K	$37K	20x	as long as short
Extended CRDO_24_5-USD	+0.0040%	1h	188.20	−0.021%	$1K	—	5x	as long as short
Vest CRDO-USD-PERP	+0.0046%	1h	188.24	0.000%	—	—	5x	as long as short
KuCoin CRDOUSDTMlong	+0.0100%	8h	188.24	long leg	$189K	$955K	20x
Paragon para:CRDO	+0.0514%	1h	188.31	+0.037%	$964K	$213K	10x	as long as short