Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: Ondo Perps against Aster−0.279%47s7-day average — · you buy dearer than you sell

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

Long on Aster Short on Ondo Perps

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 airdropAster: Stage 5 · Ondo Perps: Active · farm boardneeds both histories

Funding pays, the price is against you. Ondo Perps is 0.279% cheaper against Aster than usual: you would sell low and buy high (spread −0.279% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$28 on $10k: about 18 days of funding at the current rate (+$2 a day). The two prices were read 47 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	Aster CRWVUSDT	86.010	0	get 0.0000% / 8h	5h 56m	$37K	$35K	20x
Short	Ondo Perps CRWV-USD.P	85.770	0.0050	get 0.0006% / 1h	56m 53s	$331K	$133K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Aster. 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 AsterbpFee Ondo PerpsbpOrdersPrice spread, now −0.279%Rate

Funding earned: $10.58
Price spread: −0.279% → 0.000%: −$27.85
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$30.27
Costs to cover: 0.130%
Break-even: 27.0 days

Slippage unknown: Aster: no order-book sample; Ondo Perps: 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 Aster no order-book sample	—	—	—	—	—
Sell Ondo Perps no order-book sample	—	—	—	—	—

Aster and Ondo Perps: 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 CRWVUSDTlong	0.0000%	8h	86.010	long leg	$37K	$35K	20x
OKX CRWV-USDT-SWAP	0.0000%	8h	85.940	−0.081%	$2.6M	$4.6M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	85.910	−0.116%	$5.5M	$3.9M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	85.880	−0.151%	$2.1M	$2.0M	20x	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	85.713	−0.344%	$2K	$191K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	85.780	−0.267%	$2K	$4.7M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	85.840	−0.197%	$140K	$2K	20x	as long as short
Variational Omni CRWV	+0.0020%	8h	85.790	−0.255%	$313K	$309K	—	as long as short
Lighter CRWV	+0.0032%	1h	85.920	−0.104%	$104K	$29K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	85.850	−0.186%	$417K	$352K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CRWV-USD	+0.0032%	1h	85.800	−0.244%	$1.4M	$2.8M	10x	as long as short
Arcus CRWV-USD	+0.0040%	1h	85.730	−0.325%	$64K	$79K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	85.830	−0.209%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.Pshort	+0.0050%	1h	85.770	−0.279%	$331K	$133K	10x
Binance CRWVUSDT	+0.0093%	8h	85.899	−0.129%	$9.6M	$17.1M	25x	as long as short
Extended CRWV-USD	+0.0096%	1h	85.850	−0.186%	$16K	$307K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	85.810	−0.232%	$364K	$531K	20x	as long as short
tradeXYZ xyz:CRWV	+0.0118%	1h	85.895	−0.133%	$9.7M	$8.2M	10x	as long as short
Polymarket Perps CRWV-USD	+0.0259%	1h	85.881	−0.149%	$84K	$289K	10x	as long as short
Bybit CRWVUSDT	+0.0273%	8h	85.940	−0.081%	$2.2M	$1.2M	25x	as long as short
Phoenix CRWV	+0.0278%	1h	85.810	−0.232%	$1K	$45K	10x	as long as short
edgeX CRWVUSDC	+0.0760%	4h	85.798	−0.246%	$88K	$203K	10x	as long as short