Funding arb · Price arb /

CRDO

RWAall CRDO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Variational Omni against SunX−0.448%7-day average +0.014% · you buy dearer than you sell

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

Long on SunX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.076%+$8 on $10k

Price spread, last 4 days (all we have)+0.455%+$46 · spread now −0.448%, 7d avg +0.014%

Together, before fees+0.531%+ Points / potential airdropVariational Omni: Active · farm board+$53 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: Variational Omni is 0.462% cheaper against SunX than usual: you would sell low and buy high, −$46 on $10k if it goes back to its 7-day average of +0.014%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX CRDO-USDT	182.41	0	get 0.0000% / 8h	1h 21m	$1K	$497K	10x
Short	Variational Omni CRDO	181.59	0	get 0.0000% / 8h	1h 21m	$197K	$133K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.448%Rate

Funding earned: $0
Price spread: −0.448% → +0.014%: −$46.18
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$54.18
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 39 min ago; Variational Omni: RFQ quote, 22 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 SunX live order book, 39 min ago	47.64 bp	65.9 bp −$66	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 22 min ago	6.28 bp	doesn't fit	70.8 bp −$708	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	−0.1918%	8h	183.06	+0.356%	$1.7M	$1.8M	20x	as long as short
Aster CRDOUSDT	0.0000%	8h	183.06	+0.358%	$37K	$10K	20x	as long as short
Binance CRDOUSDT	0.0000%	8h	183.06	+0.356%	$4.0M	$9.6M	20x	as long as short
Bybit CRDOUSDT	0.0000%	8h	183.05	+0.351%	$686K	$785K	25x	as long as short
OKX CRDO-USDT-SWAP	0.0000%	8h	182.92	+0.280%	$913K	$1.7M	20x	as long as short
Gate CRDO_USDT	0.0000%	8h	183.04	+0.345%	$629K	$140K	20x	as long as short
Variational Omni CRDOshort	0.0000%	8h	181.59	−0.448%	$197K	$133K	—
GRVT CRDO_USDT_Perp	0.0000%	8h	181.56	−0.467%	$548	$134K	10x	as long as short
SunX CRDO-USDTlong	0.0000%	8h	182.41	long leg	$1K	$497K	10x
HTX CRDO-USDT	0.0000%	8h	183.18	+0.422%	$8K	$41K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CRDO-USD	+0.0013%	1h	183.12	+0.389%	$1.1M	$2.3M	10x	as long as short
Extended CRDO_24_5-USD	+0.0040%	1h	182.74	+0.178%	$1K	—	5x	as long as short
Vest CRDO-USD-PERP	+0.0046%	1h	183.03	+0.340%	—	—	5x	as long as short
KuCoin CRDOUSDTM	+0.0100%	8h	182.73	+0.175%	$193K	$837K	20x	as long as short
Paragon para:CRDO	+0.1070%	1h	183.25	+0.461%	$1.3M	$488K	10x	as long as short