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−0.0083%/8h= −9.1% APRnext payment $0.83 per $10,000 · paid last 24h −0.009%
Price spread now: HTX against Binance+0.018%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$410.405% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.091%−$9 on $10k
Price spread, last 2 days (all we have)+0.018%+$2 · spread now +0.018%, 7d avg +0.060%
Together, before fees−0.073%−$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and HTX is 0.043% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.060%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CRWVUSDT86.3850.0083pay 0.0083% / 8h15m 40s$9.7M$18.0M25x
ShortHTX CRWV-USDT86.4000get 0.0000% / 8h15m 40s$141K$2K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$17.37
Price spread: +0.018% → +0.060%
−$4.29
Slippage, 4 orders
−$18.51
Fee Binance: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$62.17
Costs to cover
0.405%
Break-even
never at this rate
Slippage from Binance: live order book, 10 min ago; HTX: live order book, 60 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, 10 min ago0.58 bp10.0 bp −$1022.1 bp −$22189.8 bp −$8,979doesn't fit
Sell HTX live order book, 60 min ago4.08 bp11.2 bp −$1128.1 bp −$281doesn'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
BloFin CRWV-USDT−0.0013%8h86.450+0.075%$171K$69K20xas long as short
Aster CRWVUSDT0.0000%8h86.501+0.134%$37K$35K20xas long as short
OKX CRWV-USDT-SWAP0.0000%8h86.450+0.075%$2.7M$4.6M25xas long as short
Gate CRWV_USDT0.0000%8h86.370−0.017%$5.6M$3.9M50xas long as short
Bitget CRWVUSDT0.0000%8h86.370−0.017%$2.3M$2.0M20xas long as short
Variational Omni CRWV0.0000%8h86.392+0.009%$315K$391Kas long as short
SunX CRWV-USDT0.0000%8h86.300−0.098%$1K$5.3M10xas long as short
HTX CRWV-USDTshort0.0000%8h86.400+0.018%$141K$2K20x
Lighter CRWV+0.0032%1h86.460+0.087%$105K$32K10xas long as short
Lighter RH CRWV+0.0032%1h86.400+0.018%$424K$445K10xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX CRWV-USD+0.0037%1h86.370−0.017%$1.4M$3.3M10xas long as short
Vest CRWV-USD-PERP+0.0046%1h86.480+0.110%$156K10xas long as short
Ondo Perps CRWV-USD.P+0.0050%1h86.340−0.052%$333K$217K10xas long as short
GRVT CRWV_USDT_Perp+0.0060%8h86.390+0.006%$2K$205K10xas long as short
Extended CRWV-USD+0.0080%1h86.371−0.016%$14K$228K10xas long as short
Binance CRWVUSDTlong+0.0083%8h86.385long leg$9.7M$18.0M25x
KuCoin CRWVUSDTM+0.0100%8h86.340−0.052%$366K$517K20xas long as short
Phoenix CRWV+0.0186%1h86.340−0.052%$1K$44K10xas long as short
tradeXYZ xyz:CRWV+0.0205%1h86.371−0.016%$9.6M$7.6M10xas long as short
Bybit CRWVUSDT+0.0212%8h86.440+0.064%$2.2M$1.2M25xas long as short
Polymarket Perps CRWV-USD+0.0322%1h86.423+0.044%$67K$198K10xas long as short
edgeX CRWVUSDC+0.0363%4h86.406+0.024%$89K$202K10xas long as short
Arcus CRWV-USD+0.0456%1h86.360−0.029%$62K$76K10xas long as short