Funding arb · Price arb /

CRDO

RWAall CRDO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%

Price spread now: Binance against Vest−0.071%7-day average — · you buy dearer than you sell

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

Long on Vest Short on Binance

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.071% cheaper against Vest than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest CRDO-USD-PERP	184.24	0.0046	pay 0.0006% / 1h	57m 55s	—	—	5x
Short	Binance CRDOUSDT	184.11	0	get 0.0000% / 8h	6h 57m	$4.0M	$9.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Vest. 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 VestbpFee BinancebpOrdersPrice spread, now −0.071%Rate

Funding earned: −$9.59
Price spread: −0.071% → 0.000%: −$7.06
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Binance: 5 bp × 2 orders: −$10
Net: −$28.65
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; Binance: live order book, 12 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 Vest no order-book sample	—	—	—	—	—
Sell Binance live order book, 12 min ago	1.90 bp	21.6 bp −$22	66.2 bp −$662	166.2 bp −$16.6K	doesn't fit

Vest: 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
Bitget CRDOUSDT	−0.0689%	8h	184.33	+0.049%	$1.8M	$1.9M	20x	as long as short
QFEX CRDO-USD	−0.0001%	1h	184.10	−0.076%	$1.1M	$2.2M	10x	as long as short
Aster CRDOUSDT	0.0000%	8h	183.74	−0.269%	$37K	$11K	20x	as long as short
Binance CRDOUSDTshort	0.0000%	8h	184.11	−0.071%	$4.0M	$9.7M	20x
Bybit CRDOUSDT	0.0000%	8h	184.11	−0.071%	$693K	$694K	25x	as long as short
OKX CRDO-USDT-SWAP	0.0000%	8h	184.31	+0.038%	$951K	$1.8M	20x	as long as short
Gate CRDO_USDT	0.0000%	8h	184.10	−0.076%	$632K	$135K	20x	as long as short
Variational Omni CRDO	0.0000%	8h	183.84	−0.219%	$200K	$132K	—	as long as short
GRVT CRDO_USDT_Perp	0.0000%	8h	184.11	−0.071%	$422	$130K	10x	as long as short
SunX CRDO-USDT	0.0000%	8h	184.12	−0.065%	$983	$418K	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	184.29	+0.027%	$8K	$42K	20x	as long as short
Extended CRDO_24_5-USD	+0.0040%	1h	183.65	−0.323%	$1K	—	5x	as long as short
Vest CRDO-USD-PERPlong	+0.0046%	1h	184.24	long leg	—	—	5x
KuCoin CRDOUSDTM	+0.0100%	8h	184.17	−0.038%	$191K	$881K	20x	as long as short
Paragon para:CRDO	+0.0870%	1h	184.41	+0.092%	$1.3M	$484K	10x	as long as short