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: Variational Omni against Gate−0.448%7-day average −0.024% · you buy dearer than you sell

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

Long on Gate Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.076%+$8 on $10k

Price spread, last 3 days (all we have)+0.499%+$50 · spread now −0.448%, 7d avg −0.024%

Together, before fees+0.575%+ Points / potential airdropVariational Omni: Active · farm board+$57 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 0.424% cheaper against Gate than usual: you would sell low and buy high, −$42 on $10k if it goes back to its 7-day average of −0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate CRDO_USDT	190.90	0	get 0.0000% / 8h	7h 27m	$664K	$124K	20x
Short	Variational Omni CRDO	190.05	0	get 0.0000% / 8h	7h 27m	$206K	$42K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Gate. 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 GatebpFee Variational OmnibpOrdersPrice spread, now −0.448%Rate

Funding earned: $0
Price spread: −0.448% → −0.024%: −$42.39
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$57.39
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 44 min ago; Variational Omni: RFQ quote, 46 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 Gate live order book, 44 min ago	5.02 bp	28.0 bp −$28	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 46 min ago	3.52 bp	doesn't fit	70.4 bp −$704	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	−0.0028%	1h	191.03	+0.068%	$1.1M	$3.1M	10x	as long as short
Aster CRDOUSDT	0.0000%	8h	190.77	−0.068%	$38K	$11K	20x	as long as short
Binance CRDOUSDT	0.0000%	8h	190.93	+0.017%	$4.3M	$8.2M	20x	as long as short
Bybit CRDOUSDT	0.0000%	8h	190.99	+0.047%	$723K	$820K	25x	as long as short
OKX CRDO-USDT-SWAP	0.0000%	8h	191.10	+0.105%	$919K	$1.5M	20x	as long as short
Gate CRDO_USDTlong	0.0000%	8h	190.90	long leg	$664K	$124K	20x
Bitget CRDOUSDT	0.0000%	8h	191.00	+0.052%	$1.7M	$1.6M	20x	as long as short
Variational Omni CRDOshort	0.0000%	8h	190.05	−0.448%	$206K	$42K	—
GRVT CRDO_USDT_Perp	0.0000%	8h	190.01	−0.464%	$405	$135K	10x	as long as short
SunX CRDO-USDT	0.0000%	8h	190.63	−0.141%	$986	$567K	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	190.75	−0.079%	$8K	$39K	20x	as long as short
Extended CRDO_24_5-USD	+0.0040%	1h	191.12	+0.115%	$1K	—	5x	as long as short
Vest CRDO-USD-PERP	+0.0046%	1h	190.70	−0.105%	—	—	5x	as long as short
KuCoin CRDOUSDTM	+0.0100%	8h	190.67	−0.120%	$197K	$907K	20x	as long as short
Paragon para:CRDO	+0.1098%	1h	191.34	+0.230%	$1.3M	$456K	10x	as long as short