Funding arb · Price arb /

CRDO

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.012%

Price spread now: Extended against SunX+0.047%7-day average — · you sell dearer than you buy

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

Long on SunX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 5 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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 0.047% dearer against SunX than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX CRDO-USDT	189.48	0	get 0.0000% / 8h	4h 39m	$932	$514K	10x
Short	Extended CRDO_24_5-USD	189.57	0.0040	get 0.0005% / 1h	39m 39s	$1K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against SunX. 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 SunXbpFee ExtendedbpOrdersPrice spread, now +0.047%Rate

Funding earned: $8.4
Price spread: +0.047% → 0.000%: $4.75
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $0.15
Costs to cover: 0.130%
Break-even: 6.9 days

Slippage unknown: SunX: live order book, 52 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 SunX live order book, 52 min ago	45.43 bp	63.6 bp −$64	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 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	−0.0026%	1h	189.57	+0.047%	$1.1M	$2.6M	10x	as long as short
Aster CRDOUSDT	0.0000%	8h	189.77	+0.153%	$38K	$11K	20x	as long as short
Binance CRDOUSDT	0.0000%	8h	189.62	+0.073%	$4.2M	$8.1M	20x	as long as short
Bybit CRDOUSDT	0.0000%	8h	189.67	+0.100%	$718K	$737K	25x	as long as short
OKX CRDO-USDT-SWAP	0.0000%	8h	189.60	+0.063%	$918K	$1.3M	20x	as long as short
Gate CRDO_USDT	0.0000%	8h	189.68	+0.106%	$659K	$120K	20x	as long as short
Bitget CRDOUSDT	0.0000%	8h	189.64	+0.084%	$1.7M	$1.6M	20x	as long as short
Variational Omni CRDO	0.0000%	8h	189.56	+0.045%	$222K	$59K	—	as long as short
GRVT CRDO_USDT_Perp	0.0000%	8h	189.57	+0.048%	$444	$115K	10x	as long as short
SunX CRDO-USDTlong	0.0000%	8h	189.48	long leg	$932	$514K	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	189.59	+0.058%	$8K	$40K	20x	as long as short
Extended CRDO_24_5-USDshort	+0.0040%	1h	189.57	+0.047%	$1K	—	5x
Vest CRDO-USD-PERP	+0.0046%	1h	189.71	+0.121%	—	—	5x	as long as short
KuCoin CRDOUSDTM	+0.0100%	8h	189.61	+0.069%	$197K	$886K	20x	as long as short
Paragon para:CRDO	+0.1699%	1h	190.06	+0.306%	$1.3M	$460K	10x	as long as short