Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0254%/8h= +27.8% APRpaid last 24h +0.016%

Price spread now: Bybit against Arcus+0.082%7-day average — · you sell dearer than you buy

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

Long on Arcus Short on Bybit

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—needs both histories

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Bybit is 0.082% dearer against Arcus than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus CRWV-USD	85.760	0.0040	pay 0.0005% / 1h	1m 19s	$64K	$79K	10x
Short	Bybit CRWVUSDT	85.830	0.0294	get 0.0294% / 8h	6h 01m	$2.2M	$1.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Arcus. 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 ArcusbpFee BybitbpOrdersPrice spread, now +0.082%Rate

Funding earned: $53.29
Price spread: +0.082% → 0.000%: $8.16
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $45.95
Costs to cover: 0.155%
Break-even: 1.0 days

Slippage unknown: Arcus: no order-book sample; Bybit: live order book, just now. 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 Arcus no order-book sample	—	—	—	—	—
Sell Bybit live order book, just now	3.49 bp	14.6 bp −$15	68.9 bp −$689	doesn't fit	doesn't fit

Arcus: 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.

CRWV on 22 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
Aster CRWVUSDT	0.0000%	8h	85.944	+0.215%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	85.770	+0.012%	$2.6M	$4.6M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	85.820	+0.070%	$5.5M	$4.0M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	85.790	+0.035%	$2.2M	$1.9M	20x	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	85.790	+0.035%	$2K	$191K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	85.730	−0.035%	$2K	$4.7M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	85.830	+0.082%	$140K	$2K	20x	as long as short
QFEX CRWV-USD	+0.0018%	1h	85.800	+0.047%	$1.3M	$2.8M	10x	as long as short
Variational Omni CRWV	+0.0023%	8h	85.785	+0.029%	$313K	$309K	—	as long as short
Lighter CRWV	+0.0032%	1h	85.850	+0.105%	$104K	$30K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH CRWV	+0.0032%	1h	85.770	+0.012%	$417K	$357K	10x	as long as short
Arcus CRWV-USDlong	+0.0040%	1h	85.760	long leg	$64K	$79K	10x
Vest CRWV-USD-PERP	+0.0046%	1h	85.850	+0.105%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	85.560	−0.233%	$331K	$132K	10x	as long as short
edgeX CRWVUSDC	+0.0089%	4h	85.770	+0.011%	$88K	$202K	10x	as long as short
Extended CRWV-USD	+0.0096%	1h	85.770	+0.011%	$16K	$307K	10x	as long as short
Binance CRWVUSDT	+0.0099%	8h	85.790	+0.035%	$9.6M	$17.2M	25x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	85.810	+0.058%	$363K	$529K	20x	as long as short
tradeXYZ xyz:CRWV	+0.0160%	1h	85.782	+0.026%	$9.7M	$8.1M	10x	as long as short
Phoenix CRWV	+0.0278%	1h	85.810	+0.058%	$1K	$46K	10x	as long as short
Bybit CRWVUSDTshort	+0.0294%	8h	85.830	+0.082%	$2.2M	$1.2M	25x
Polymarket Perps CRWV-USD	+0.0547%	1h	85.847	+0.101%	$84K	$288K	10x	as long as short