Funding arb · Price arb /

CRWD

RWAall CRWD 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: HTX against GRVT+0.047%77s7-day average — · you sell dearer than you buy

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

Long on GRVT Short on HTX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.047% dearer against GRVT than usual: you sell high and buy low, +$5 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 77 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	GRVT CRWD_USDT_Perp	249.30	0	get 0.0000% / 8h	6h 16m	$643	$110K	10x
Short	HTX CRWD-USDT	249.42	0	get 0.0000% / 8h	6h 16m	$6K	$7K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against GRVT. 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 GRVTbpFee HTXbpOrdersPrice spread, now +0.047%Rate

Funding earned: $0
Price spread: +0.047% → 0.000%: $4.72
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee HTX: 6 bp × 2 orders: −$12
Net: −$16.28
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: GRVT: live order book, 51 min ago; 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 GRVT live order book, 51 min ago	3.21 bp	24.0 bp −$24	doesn't fit	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

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.

CRWD on 17 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
Injective CRWD/USDC PERP	−0.0220%	1h	239.49	−3.936%	$21K	$19K	12x	as long as short
Aster CRWDUSDT	0.0000%	8h	249.12	−0.073%	$4K	$37K	20x	as long as short
Binance CRWDUSDT	0.0000%	8h	249.08	−0.088%	$2.4M	$6.7M	25x	as long as short
Bybit CRWDUSDT	0.0000%	8h	248.93	−0.149%	$1.1M	$533K	25x	as long as short
OKX CRWD-USDT-SWAP	0.0000%	8h	249.12	−0.073%	$615K	$617K	25x	as long as short
Bitget CRWDUSDT	0.0000%	8h	249.06	−0.097%	$292K	$416K	20x	as long as short
Variational Omni CRWD	0.0000%	8h	249.14	−0.064%	$67K	$60K	—	as long as short
GRVT CRWD_USDT_Perplong	0.0000%	8h	249.30	long leg	$643	$110K	10x
SunX CRWD-USDT	0.0000%	8h	249.18	−0.049%	$2K	$1.2M	10x	as long as short
HTX CRWD-USDTshort	0.0000%	8h	249.42	+0.047%	$6K	$7K	20x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex CRWDUSDT	0.0000%	8h	249.13	−0.069%	$1.5M	$190K	10x	as long as short
QFEX CRWD-USD	+0.0023%	1h	248.91	−0.157%	$1.2M	$2.8M	10x	as long as short
Extended CRWD_24_5-USD	+0.0048%	1h	248.91	−0.157%	$99K	—	10x	as long as short
tradeXYZ xyz:CRWD	+0.0050%	1h	248.96	−0.137%	$867K	$632K	10x	as long as short
KuCoin CRWDUSDTM	+0.0100%	8h	249.11	−0.077%	$34K	$465K	20x	as long as short
Phoenix CRWD	+0.0257%	1h	249.31	+0.003%	$7	$106K	10x	as long as short
Paragon para:CRWD	+0.0285%	1h	248.81	−0.199%	$84K	$108K	10x	as long as short