Funding arb · Price arb /

CRDO

RWAall CRDO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%

Price spread now: Vest against Variational Omni+0.047%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 Vest

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 · Vest: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Vest is 0.047% dearer against Variational Omni than usual: you sell high and buy low: +$5 more if the spread 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	187.72	0	get 0.0000% / 8h	3h 42m	$220K	$59K	—
Short	Vest CRDO-USD-PERP	187.81	0.0046	get 0.0006% / 1h	42m 49s	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now +0.047%Rate

Funding earned: $9.59
Price spread: +0.047% → 0.000%: $4.68
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Vest: 1 bp × 2 orders: −$2
Net: $12.27
Costs to cover: 0.020%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 11 min ago; Vest: 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, 11 min ago	5.26 bp	doesn't fit	91.4 bp −$914	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

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
QFEX CRDO-USD	−0.0009%	1h	187.69	−0.017%	$1.1M	$2.5M	10x	as long as short
Aster CRDOUSDT	0.0000%	8h	187.84	+0.064%	$38K	$11K	20x	as long as short
Binance CRDOUSDT	0.0000%	8h	187.70	−0.014%	$4.2M	$8.1M	20x	as long as short
Bybit CRDOUSDT	0.0000%	8h	187.81	+0.047%	$712K	$729K	25x	as long as short
OKX CRDO-USDT-SWAP	0.0000%	8h	187.74	+0.010%	$947K	$1.4M	20x	as long as short
Gate CRDO_USDT	0.0000%	8h	187.87	+0.079%	$653K	$120K	20x	as long as short
Bitget CRDOUSDT	0.0000%	8h	187.78	+0.031%	$1.7M	$1.6M	20x	as long as short
Variational Omni CRDOlong	0.0000%	8h	187.72	long leg	$220K	$59K	—
GRVT CRDO_USDT_Perp	0.0000%	8h	187.68	−0.021%	$250	$116K	10x	as long as short
SunX CRDO-USDT	0.0000%	8h	186.99	−0.390%	$905	$517K	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	187.66	−0.033%	$8K	$40K	20x	as long as short
Extended CRDO_24_5-USD	+0.0040%	1h	187.75	+0.017%	$1K	—	5x	as long as short
Vest CRDO-USD-PERPshort	+0.0046%	1h	187.81	+0.047%	—	—	5x
KuCoin CRDOUSDTM	+0.0100%	8h	187.69	−0.017%	$195K	$865K	20x	as long as short
Paragon para:CRDO	+0.1348%	1h	188.11	+0.206%	$1.3M	$460K	10x	as long as short