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: HTX against Variational Omni+0.049%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on HTX

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 airdropVariational 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: HTX is 0.049% dearer against Variational Omni than usual: you sell high and buy low, +$5 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	Variational Omni CRDO	188.59	0	get 0.0000% / 8h	21m 46s	$201K	$34K	—
Short	HTX CRDO-USDT	188.68	0	get 0.0000% / 8h	21m 46s	$8K	$38K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Variational Omni. 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 Variational OmnibpFee HTXbpOrdersPrice spread, now +0.049%Rate

Funding earned: $0
Price spread: +0.049% → 0.000%: $4.86
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee HTX: 6 bp × 2 orders: −$12
Net: −$7.14
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 57 min ago; HTX: 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 Variational Omni RFQ quote, 57 min ago	5.69 bp	doesn't fit	69.3 bp −$693	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: 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	−0.0027%	1h	188.63	+0.022%	$1.1M	$3.1M	10x	as long as short
Aster CRDOUSDT	0.0000%	8h	188.67	+0.041%	$38K	$11K	20x	as long as short
Binance CRDOUSDT	0.0000%	8h	188.63	+0.020%	$4.2M	$8.4M	20x	as long as short
Bybit CRDOUSDT	0.0000%	8h	188.69	+0.054%	$730K	$815K	25x	as long as short
OKX CRDO-USDT-SWAP	0.0000%	8h	188.72	+0.070%	$894K	$1.5M	20x	as long as short
Gate CRDO_USDT	0.0000%	8h	188.63	+0.022%	$656K	$140K	20x	as long as short
Bitget CRDOUSDT	0.0000%	8h	188.73	+0.075%	$1.7M	$1.7M	20x	as long as short
Variational Omni CRDOlong	0.0000%	8h	188.59	long leg	$201K	$34K	—
GRVT CRDO_USDT_Perp	0.0000%	8h	188.68	+0.049%	$628	$140K	10x	as long as short
SunX CRDO-USDT	0.0000%	8h	188.59	+0.001%	$1K	$609K	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-USDTshort	0.0000%	8h	188.68	+0.049%	$8K	$38K	20x
Extended CRDO_24_5-USD	+0.0040%	1h	188.71	+0.062%	$1K	—	5x	as long as short
Vest CRDO-USD-PERP	+0.0046%	1h	188.76	+0.091%	—	—	5x	as long as short
KuCoin CRDOUSDTM	+0.0100%	8h	188.51	−0.042%	$191K	$913K	20x	as long as short
Paragon para:CRDO	+0.0687%	1h	189.23	+0.342%	$1.1M	$334K	10x	as long as short