Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.029%

Price spread now: tradeXYZ against Aster−0.192%7-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 tradeXYZ

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 · tradeXYZ: Active · farm boardneeds both histories

Funding pays, the price is against you. tradeXYZ is 0.192% cheaper against Aster than usual: you would sell low and buy high (spread −0.192% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$19 on $10k: about 13 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster CRWVUSDT	86.028	0	get 0.0000% / 8h	4h 35m	$37K	$35K	20x
Short	tradeXYZ xyz:CRWV	85.863	0.0050	get 0.0006% / 1h	35m 41s	$9.5M	$8.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.192%Rate

Funding earned: $10.5
Price spread: −0.192% → 0.000%: −$19.17
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$34.67
Costs to cover: 0.260%
Break-even: 30.1 days

Slippage unknown: Aster: no order-book sample; tradeXYZ: live order book, 3 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 Aster no order-book sample	—	—	—	—	—
Sell tradeXYZ live order book, 3 min ago	0.70 bp	10.7 bp −$11	13.5 bp −$135	doesn't fit	doesn't fit

Aster: 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 23 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	86.028	long leg	$37K	$35K	20x
OKX CRWV-USDT-SWAP	0.0000%	8h	85.900	−0.149%	$2.5M	$4.8M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	85.960	−0.079%	$5.5M	$3.8M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	85.930	−0.114%	$1.9M	$2.1M	20x	as long as short
Variational Omni CRWV	0.0000%	8h	85.910	−0.137%	$313K	$299K	—	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	85.900	−0.149%	$2K	$193K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	85.840	−0.218%	$1K	$4.6M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	85.950	−0.091%	$140K	$2K	20x	as long as short
BloFin CRWV-USDT	+0.0004%	8h	85.930	−0.114%	$164K	$67K	20x	as long as short
QFEX CRWV-USD	+0.0010%	1h	85.890	−0.160%	$1.3M	$2.7M	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance CRWVUSDT	+0.0014%	8h	85.890	−0.160%	$9.5M	$17.1M	25x	as long as short
Extended CRWV-USD	+0.0016%	1h	85.869	−0.185%	$14K	$306K	10x	as long as short
Lighter CRWV	+0.0032%	1h	85.950	−0.091%	$103K	$32K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	85.900	−0.149%	$418K	$348K	10x	as long as short
Arcus CRWV-USD	+0.0040%	1h	85.870	−0.184%	$64K	$79K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	85.960	−0.079%	—	$156K	10x	as long as short
tradeXYZ xyz:CRWVshort	+0.0050%	1h	85.863	−0.192%	$9.5M	$8.0M	10x
Polymarket Perps CRWV-USD	+0.0050%	1h	85.901	−0.148%	$85K	$289K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	85.880	−0.172%	$322K	$145K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	85.930	−0.114%	$364K	$520K	20x	as long as short
Bybit CRWVUSDT	+0.0146%	8h	85.960	−0.079%	$2.2M	$1.1M	25x	as long as short
Phoenix CRWV	+0.0186%	1h	85.880	−0.172%	$1K	$46K	10x	as long as short
edgeX CRWVUSDC	+0.0644%	4h	85.904	−0.145%	$88K	$202K	10x	as long as short