Funding arb · Price arb /

CRDO

RWAall CRDO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.076%

Price spread now: Variational Omni against Aster−0.145%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.145% cheaper against Aster than usual: you would sell low and buy high, −$15 on $10k if it 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	Aster CRDOUSDT	188.04	0	get 0.0000% / 8h	1h 21m	$38K	$11K	20x
Short	Variational Omni CRDO	187.77	0	get 0.0000% / 8h	1h 21m	$201K	$33K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Aster. 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 AsterbpFee Variational OmnibpOrdersPrice spread, now −0.145%Rate

Funding earned: $0
Price spread: −0.145% → 0.000%: −$14.54
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$22.54
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; Variational Omni: RFQ quote, 62 min ago. 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 Aster no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 62 min ago	5.72 bp	doesn't fit	79.2 bp −$792	doesn't fit	doesn't fit

Aster: 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	−0.0001%	1h	187.99	−0.027%	$1.1M	$3.1M	10x	as long as short
Aster CRDOUSDTlong	0.0000%	8h	188.04	long leg	$38K	$11K	20x
Binance CRDOUSDT	0.0000%	8h	188.07	+0.013%	$4.2M	$8.5M	20x	as long as short
Bybit CRDOUSDT	0.0000%	8h	188.07	+0.016%	$729K	$841K	25x	as long as short
OKX CRDO-USDT-SWAP	0.0000%	8h	188.03	−0.005%	$884K	$1.6M	20x	as long as short
Gate CRDO_USDT	0.0000%	8h	188.01	−0.016%	$653K	$139K	20x	as long as short
Bitget CRDOUSDT	0.0000%	8h	188.11	+0.037%	$1.7M	$1.7M	20x	as long as short
Variational Omni CRDOshort	0.0000%	8h	187.77	−0.145%	$201K	$33K	—
GRVT CRDO_USDT_Perp	0.0000%	8h	187.82	−0.116%	$800	$148K	10x	as long as short
SunX CRDO-USDT	0.0000%	8h	187.91	−0.069%	$1K	$636K	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	187.93	−0.058%	$8K	$38K	20x	as long as short
Extended CRDO_24_5-USD	+0.0040%	1h	188.00	−0.021%	$1K	—	5x	as long as short
Vest CRDO-USD-PERP	+0.0046%	1h	188.09	+0.027%	—	—	5x	as long as short
KuCoin CRDOUSDTM	+0.0100%	8h	187.98	−0.032%	$192K	$941K	20x	as long as short
Paragon para:CRDO	+0.0476%	1h	188.22	+0.096%	$935K	$259K	10x	as long as short