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−0.067%7-day average −0.014% · you buy dearer than you sell

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)+0.060%+$6 · spread now −0.067%, 7d avg −0.014%

Together, before fees−0.016%+ Points / potential airdropVariational Omni: Active · farm board−$2 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 0.053% cheaper against Variational Omni than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.014%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni CRDO	182.79	0	get 0.0000% / 8h	1h 17m	$198K	$133K	—
Short	SunX CRDO-USDT	182.67	0	get 0.0000% / 8h	1h 17m	$1K	$496K	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 −0.067%Rate

Funding earned: $0
Price spread: −0.067% → −0.014%: −$5.33
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee SunX: 4 bp × 2 orders: −$8
Net: −$13.33
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 26 min ago; SunX: live order book, 43 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, 26 min ago	6.28 bp	doesn't fit	107.4 bp −$1,074	doesn't fit	doesn't fit
Sell SunX live order book, 43 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	−0.1818%	8h	183.15	+0.195%	$1.7M	$1.8M	20x	as long as short
Aster CRDOUSDT	0.0000%	8h	183.14	+0.188%	$37K	$10K	20x	as long as short
Binance CRDOUSDT	0.0000%	8h	183.02	+0.127%	$4.0M	$9.6M	20x	as long as short
Bybit CRDOUSDT	0.0000%	8h	183.09	+0.162%	$686K	$748K	25x	as long as short
OKX CRDO-USDT-SWAP	0.0000%	8h	183.08	+0.157%	$914K	$1.7M	20x	as long as short
Gate CRDO_USDT	0.0000%	8h	182.92	+0.069%	$628K	$140K	20x	as long as short
Variational Omni CRDOlong	0.0000%	8h	182.79	long leg	$198K	$133K	—
GRVT CRDO_USDT_Perp	0.0000%	8h	182.23	−0.308%	$550	$134K	10x	as long as short
SunX CRDO-USDTshort	0.0000%	8h	182.67	−0.067%	$1K	$496K	10x
HTX CRDO-USDT	0.0000%	8h	182.68	−0.062%	$8K	$41K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CRDO-USD	+0.0013%	1h	182.89	+0.053%	$1.1M	$2.3M	10x	as long as short
Extended CRDO_24_5-USD	+0.0040%	1h	182.93	+0.072%	$1K	—	5x	as long as short
Vest CRDO-USD-PERP	+0.0046%	1h	182.94	+0.080%	—	—	5x	as long as short
KuCoin CRDOUSDTM	+0.0100%	8h	182.94	+0.080%	$193K	$837K	20x	as long as short
Paragon para:CRDO	+0.1009%	1h	183.13	+0.184%	$1.3M	$489K	10x	as long as short