Funding arb · Price arb /

CRDO

RWAall CRDO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%

Price spread now: Variational Omni against Binance−0.059%7-day average +0.009% · you buy dearer than you sell

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

Long on Binance Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.004%$0 on $10k

Price spread, last 2 days (all we have)+0.041%+$4 · spread now −0.059%, 7d avg +0.009%

Together, before fees+0.037%+ Points / potential airdropVariational Omni: Active · farm board+$4 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 0.068% cheaper against Binance than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.009%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance CRDOUSDT	187.20	0	get 0.0000% / 8h	1h 49m	$4.2M	$8.6M	20x
Short	Variational Omni CRDO	187.09	0	get 0.0000% / 8h	1h 49m	$200K	$33K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Binance. 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 BinancebpFee Variational OmnibpOrdersPrice spread, now −0.059%Rate

Funding earned: $0
Price spread: −0.059% → +0.009%: −$6.75
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$16.75
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 5 min ago; Variational Omni: RFQ quote, 35 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 Binance live order book, 5 min ago	1.60 bp	19.9 bp −$20	68.4 bp −$684	388.6 bp −$38.9K	doesn't fit
Sell Variational Omni RFQ quote, 35 min ago	5.72 bp	doesn't fit	79.2 bp −$792	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
QFEX CRDO-USD	−0.0001%	1h	187.20	−0.002%	$1.1M	$3.0M	10x	as long as short
Aster CRDOUSDT	0.0000%	8h	187.52	+0.166%	$38K	$11K	20x	as long as short
Binance CRDOUSDTlong	0.0000%	8h	187.20	long leg	$4.2M	$8.6M	20x
Bybit CRDOUSDT	0.0000%	8h	187.29	+0.046%	$734K	$852K	25x	as long as short
OKX CRDO-USDT-SWAP	0.0000%	8h	187.23	+0.014%	$881K	$1.6M	20x	as long as short
Gate CRDO_USDT	0.0000%	8h	187.18	−0.013%	$651K	$139K	20x	as long as short
Bitget CRDOUSDT	0.0000%	8h	187.33	+0.067%	$1.7M	$1.7M	20x	as long as short
Variational Omni CRDOshort	0.0000%	8h	187.09	−0.059%	$200K	$33K	—
GRVT CRDO_USDT_Perp	0.0000%	8h	187.17	−0.017%	$689	$154K	10x	as long as short
SunX CRDO-USDT	0.0000%	8h	187.21	+0.003%	$957	$647K	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	187.24	+0.019%	$8K	$38K	20x	as long as short
Extended CRDO_24_5-USD	+0.0040%	1h	187.33	+0.066%	$1K	—	5x	as long as short
Vest CRDO-USD-PERP	+0.0046%	1h	187.33	+0.067%	—	—	5x	as long as short
KuCoin CRDOUSDTM	+0.0100%	8h	187.10	−0.056%	$190K	$946K	20x	as long as short
Paragon para:CRDO	+0.0601%	1h	187.38	+0.094%	$931K	$259K	10x	as long as short