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: SunX against Variational Omni+0.080%45s7-day average −0.011% · you sell dearer than you buy

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

Long on Variational Omni Short on SunX

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)−0.087%−$9 · spread now +0.080%, 7d avg −0.011%

Together, before fees−0.163%+ Points / potential airdropVariational Omni: Active · farm board−$16 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: SunX is 0.091% dearer against Variational Omni than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.011%. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni CRDO	182.75	0	get 0.0000% / 8h	50m 29s	$198K	$133K	—
Short	SunX CRDO-USDT	182.90	0	get 0.0000% / 8h	50m 29s	$1K	$486K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 SunXbpOrdersPrice spread, now +0.080%Rate

Funding earned: $0
Price spread: +0.080% → −0.011%: $9.1
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee SunX: 4 bp × 2 orders: −$8
Net: $1.1
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 53 min ago; SunX: live order book, 71 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 Variational Omni RFQ quote, 53 min ago	6.28 bp	doesn't fit	107.4 bp −$1,074	doesn't fit	doesn't fit
Sell SunX live order book, 71 min ago	47.64 bp	66.6 bp −$67	doesn't fit	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	−0.1406%	8h	182.80	+0.025%	$1.7M	$1.9M	20x	as long as short
QFEX CRDO-USD	−0.0043%	1h	182.85	+0.052%	$1.1M	$2.3M	10x	as long as short
Aster CRDOUSDT	0.0000%	8h	182.90	+0.079%	$37K	$10K	20x	as long as short
Binance CRDOUSDT	0.0000%	8h	182.89	+0.076%	$4.0M	$9.6M	20x	as long as short
Bybit CRDOUSDT	0.0000%	8h	182.90	+0.080%	$685K	$750K	25x	as long as short
OKX CRDO-USDT-SWAP	0.0000%	8h	182.90	+0.080%	$911K	$1.7M	20x	as long as short
Gate CRDO_USDT	0.0000%	8h	182.81	+0.030%	$628K	$138K	20x	as long as short
Variational Omni CRDOlong	0.0000%	8h	182.75	long leg	$198K	$133K	—
GRVT CRDO_USDT_Perp	0.0000%	8h	182.56	−0.108%	$347	$135K	10x	as long as short
SunX CRDO-USDTshort	0.0000%	8h	182.90	+0.080%	$1K	$486K	10x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX CRDO-USDT	0.0000%	8h	182.61	−0.079%	$8K	$41K	20x	as long as short
Extended CRDO_24_5-USD	+0.0040%	1h	182.90	+0.080%	$1K	—	5x	as long as short
Vest CRDO-USD-PERP	+0.0046%	1h	182.88	+0.069%	—	—	5x	as long as short
KuCoin CRDOUSDTM	+0.0100%	8h	182.77	+0.009%	$193K	$825K	20x	as long as short
Paragon para:CRDO	+0.0703%	1h	183.10	+0.189%	$1.3M	$482K	10x	as long as short