Funding arb · Price arb /

CRDO

RWAall CRDO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against OKX−0.130%7-day average −0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$169as in the Funding arb table

Net, price: spread back to 7d avg − costs−$174as in the Price arb table

costs, in and out, $10k−$1631.628% of the position

Long on OKX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.065%−$6 on $10k

Price spread, last 4 days (all we have)+0.085%+$8 · spread now −0.130%, 7d avg −0.015%

Together, before fees+0.020%+$2 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 0.115% cheaper against OKX than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX CRDO-USDT-SWAP	184.58	0	get 0.0000% / 8h	6h 56m	$953K	$1.8M	20x
Short	SunX CRDO-USDT	184.34	0	get 0.0000% / 8h	6h 56m	$977	$417K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against OKX. 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 OKXbpFee SunXbpOrdersPrice spread, now −0.130%Rate

Funding earned: $0
Price spread: −0.130% → −0.015%: −$11.5
Slippage, 4 orders: −$144.81
Fee OKX: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$174.31
Costs to cover: 1.628%
Break-even: never at this rate

Slippage from OKX: live order book, 6 min ago; SunX: live order book, 45 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 OKX live order book, 6 min ago	4.61 bp	15.2 bp −$15	36.8 bp −$368	doesn't fit	doesn't fit
Sell SunX live order book, 45 min ago	47.78 bp	66.4 bp −$66	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	−0.0673%	8h	184.47	−0.060%	$1.8M	$1.9M	20x	as long as short
QFEX CRDO-USD	−0.0001%	1h	184.37	−0.114%	$1.1M	$2.2M	10x	as long as short
Aster CRDOUSDT	0.0000%	8h	183.82	−0.410%	$37K	$11K	20x	as long as short
Binance CRDOUSDT	0.0000%	8h	184.36	−0.118%	$4.0M	$9.7M	20x	as long as short
Bybit CRDOUSDT	0.0000%	8h	184.36	−0.119%	$694K	$694K	25x	as long as short
OKX CRDO-USDT-SWAPlong	0.0000%	8h	184.58	long leg	$953K	$1.8M	20x
Gate CRDO_USDT	0.0000%	8h	184.28	−0.163%	$633K	$135K	20x	as long as short
Variational Omni CRDO	0.0000%	8h	183.84	−0.403%	$200K	$132K	—	as long as short
GRVT CRDO_USDT_Perp	0.0000%	8h	184.11	−0.255%	$422	$130K	10x	as long as short
SunX CRDO-USDTshort	0.0000%	8h	184.34	−0.130%	$977	$417K	10x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX CRDO-USDT	0.0000%	8h	184.38	−0.108%	$8K	$42K	20x	as long as short
Extended CRDO_24_5-USD	+0.0040%	1h	183.74	−0.458%	$1K	—	5x	as long as short
Vest CRDO-USD-PERP	+0.0046%	1h	184.34	−0.130%	—	—	5x	as long as short
KuCoin CRDOUSDTM	+0.0100%	8h	184.22	−0.195%	$189K	$884K	20x	as long as short
Paragon para:CRDO	+0.0788%	1h	184.42	−0.087%	$1.3M	$484K	10x	as long as short