Settings8H · net · $10k
Funding arb · Price arb /

CRWV

RWAall CRWV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0042%/8h= −4.6% APRnext payment $0.42 per $10,000 · paid last 24h +0.001%
Price spread now: Bitget against Binance−0.019%7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$500.504% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.009%−$1 on $10k
Price spread, last 2 days (all we have)+0.122%+$12 · spread now −0.019%, 7d avg +0.046%
Together, before fees+0.113%+$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.064% cheaper against Binance than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.046%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CRWVUSDT86.2160.0042pay 0.0042% / 8h23m 35s$9.7M$18.1M25x
ShortBitget CRWVUSDT86.2000get 0.0000% / 8h23m 35s$2.3M$2.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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

Funding earned
−$8.79
Price spread: −0.019% → +0.046%
−$6.41
Slippage, 4 orders
−$28.44
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$65.64
Costs to cover
0.504%
Break-even
never at this rate
Slippage from Binance: live order book, 2 min ago; Bitget: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 2 min ago0.58 bp10.0 bp −$1022.1 bp −$22189.8 bp −$8,979doesn't fit
Sell Bitget live order book, 4 min ago1.74 bp13.0 bp −$1339.6 bp −$396doesn't fitdoesn't fit

CRWV on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster CRWVUSDT0.0000%8h86.188−0.032%$37K$35K20xas long as short
OKX CRWV-USDT-SWAP0.0000%8h86.190−0.030%$2.7M$4.6M25xas long as short
Gate CRWV_USDT0.0000%8h86.190−0.030%$5.6M$3.9M50xas long as short
Bitget CRWVUSDTshort0.0000%8h86.200−0.019%$2.3M$2.0M20x
Variational Omni CRWV0.0000%8h86.155−0.071%$314K$391Kas long as short
SunX CRWV-USDT0.0000%8h86.140−0.088%$2K$5.3M10xas long as short
HTX CRWV-USDT0.0000%8h86.230+0.016%$141K$2K20xas long as short
GRVT CRWV_USDT_Perp+0.0015%8h86.161−0.064%$2K$205K10xas long as short
BloFin CRWV-USDT+0.0020%8h86.170−0.053%$171K$69K20xas long as short
Lighter CRWV+0.0032%1h86.260+0.051%$105K$32K10xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH CRWV+0.0032%1h86.200−0.019%$423K$445K10xas long as short
QFEX CRWV-USD+0.0037%1h86.180−0.042%$1.3M$3.3M10xas long as short
Extended CRWV-USD+0.0040%1h86.195−0.024%$14K$228K10xas long as short
Binance CRWVUSDTlong+0.0042%8h86.216long leg$9.7M$18.1M25x
Vest CRWV-USD-PERP+0.0046%1h86.280+0.074%$156K10xas long as short
Ondo Perps CRWV-USD.P+0.0050%1h86.100−0.135%$332K$217K10xas long as short
KuCoin CRWVUSDTM+0.0100%8h86.160−0.065%$364K$517K20xas long as short
Phoenix CRWV+0.0186%1h86.180−0.042%$1K$44K10xas long as short
Bybit CRWVUSDT+0.0215%8h86.240+0.028%$2.2M$1.2M25xas long as short
tradeXYZ xyz:CRWV+0.0230%1h86.198−0.021%$9.6M$7.6M10xas long as short
edgeX CRWVUSDC+0.0322%4h86.204−0.013%$89K$200K10xas long as short
Polymarket Perps CRWV-USD+0.0343%1h86.208−0.009%$66K$198K10xas long as short
Arcus CRWV-USD+0.0456%1h86.170−0.053%$62K$76K10xas long as short