Funding arb · Price arb /

CRDO

RWAall CRDO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%

Price spread now: HTX against Vest+0.021%46s7-day average — · you sell dearer than you buy

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

Long on Vest 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 airdropVest: Active · farm boardneeds both histories

The price spread pays, funding is against you. HTX is 0.021% dearer against Vest than usual: you sell high and buy low (spread +0.021% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 37 hours. The two prices were read 46 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	Vest CRDO-USD-PERP	190.42	0.0046	pay 0.0006% / 1h	0m 21s	—	—	5x
Short	HTX CRDO-USDT	190.46	0	get 0.0000% / 8h	7h 00m	$8K	$39K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.021%Rate

Funding earned: −$9.59
Price spread: +0.021% → 0.000%: $2.1
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee HTX: 6 bp × 2 orders: −$12
Net: −$21.49
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; 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 Vest no order-book sample	—	—	—	—	—
Sell HTX no order-book sample	—	—	—	—	—

Vest and 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	−0.0028%	1h	190.36	−0.032%	$1.1M	$3.0M	10x	as long as short
Aster CRDOUSDT	0.0000%	8h	190.56	+0.074%	$38K	$11K	20x	as long as short
Binance CRDOUSDT	0.0000%	8h	190.44	+0.013%	$4.3M	$8.2M	20x	as long as short
Bybit CRDOUSDT	0.0000%	8h	190.45	+0.016%	$720K	$813K	25x	as long as short
OKX CRDO-USDT-SWAP	0.0000%	8h	190.48	+0.032%	$919K	$1.5M	20x	as long as short
Gate CRDO_USDT	0.0000%	8h	190.37	−0.026%	$662K	$124K	20x	as long as short
Bitget CRDOUSDT	0.0000%	8h	190.36	−0.032%	$1.7M	$1.6M	20x	as long as short
Variational Omni CRDO	0.0000%	8h	190.35	−0.036%	$223K	$59K	—	as long as short
GRVT CRDO_USDT_Perp	0.0000%	8h	190.66	+0.126%	$273	$133K	10x	as long as short
SunX CRDO-USDT	0.0000%	8h	190.69	+0.142%	$850	$556K	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	190.46	+0.021%	$8K	$39K	20x
Extended CRDO_24_5-USD	+0.0040%	1h	190.31	−0.058%	$1K	—	5x	as long as short
Vest CRDO-USD-PERPlong	+0.0046%	1h	190.42	long leg	—	—	5x
KuCoin CRDOUSDTM	+0.0100%	8h	190.39	−0.016%	$198K	$904K	20x	as long as short
Paragon para:CRDO	+0.1185%	1h	190.92	+0.263%	$1.3M	$439K	10x	as long as short