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: HTX against Variational Omni−0.019%7-day average — · you buy dearer than you sell

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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni CRDO	188.31	0	get 0.0000% / 8h	6h 36m	$220K	$59K	—
Short	HTX CRDO-USDT	188.27	0	get 0.0000% / 8h	6h 36m	$8K	$39K	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 −0.019%Rate

Funding earned: $0
Price spread: −0.019% → 0.000%: −$1.9
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee HTX: 6 bp × 2 orders: −$12
Net: −$13.9
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 33 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, 33 min ago	4.38 bp	doesn't fit	68.3 bp −$683	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	−0.0017%	1h	187.95	−0.189%	$1.1M	$3.0M	10x	as long as short
Aster CRDOUSDT	0.0000%	8h	188.48	+0.091%	$38K	$11K	20x	as long as short
Binance CRDOUSDT	0.0000%	8h	188.38	+0.039%	$4.2M	$8.2M	20x	as long as short
Bybit CRDOUSDT	0.0000%	8h	188.48	+0.093%	$712K	$797K	25x	as long as short
OKX CRDO-USDT-SWAP	0.0000%	8h	188.51	+0.108%	$908K	$1.4M	20x	as long as short
Gate CRDO_USDT	0.0000%	8h	188.39	+0.045%	$655K	$120K	20x	as long as short
Bitget CRDOUSDT	0.0000%	8h	188.38	+0.039%	$1.7M	$1.6M	20x	as long as short
Variational Omni CRDOlong	0.0000%	8h	188.31	long leg	$220K	$59K	—
GRVT CRDO_USDT_Perp	0.0000%	8h	188.42	+0.061%	$249	$131K	10x	as long as short
SunX CRDO-USDT	0.0000%	8h	188.32	+0.008%	$1K	$552K	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	188.27	−0.019%	$8K	$39K	20x
Extended CRDO_24_5-USD	+0.0040%	1h	188.34	+0.018%	$1K	—	5x	as long as short
Vest CRDO-USD-PERP	+0.0046%	1h	188.31	+0.002%	—	—	5x	as long as short
KuCoin CRDOUSDTM	+0.0100%	8h	188.28	−0.014%	$196K	$897K	20x	as long as short
Paragon para:CRDO	+0.1908%	1h	188.82	+0.273%	$1.3M	$470K	10x	as long as short