Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0152%/8h= +16.6% APRpaid last 24h +0.009%

Price spread now: Extended against Bitget−0.013%7-day average −0.088% · you buy dearer than you sell

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$630.632% of the position

Long on Bitget Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.013%+$1 on $10k

Price spread, last 4 days (all we have)−0.125%−$13 · spread now −0.013%, 7d avg −0.088%

Together, before fees−0.112%+ Points / potential airdropExtended: Active · farm board−$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Extended is 0.074% dearer against Bitget than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.088%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget CRWVUSDT	86.460	0	get 0.0000% / 8h	7h 36m	$2.3M	$1.9M	20x
Short	Extended CRWV-USD	86.449	0.0152	get 0.0019% / 1h	36m 38s	$17K	$311K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Bitget. 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 BitgetbpFee ExtendedbpOrdersPrice spread, now −0.013%Rate

Funding earned: $31.92
Price spread: −0.013% → −0.088%: $7.43
Slippage, 4 orders: −$46.24
Fee Bitget: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$23.89
Costs to cover: 0.632%
Break-even: 12.2 days

Slippage from Bitget: live order book, 6 min ago; Extended: live order book, 35 min ago.

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 Bitget live order book, 6 min ago	4.05 bp	20.3 bp −$20	41.4 bp −$414	doesn't fit	doesn't fit
Sell Extended live order book, 35 min ago	4.06 bp	15.2 bp −$15	105.1 bp −$1,051	doesn't fit	doesn't fit

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
BloFin CRWV-USDT	−0.0017%	8h	86.370	−0.104%	$172K	$69K	20x	as long as short
Aster CRWVUSDT	0.0000%	8h	86.577	+0.135%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	86.430	−0.035%	$2.7M	$4.6M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	86.440	−0.023%	$5.6M	$3.9M	50x	as long as short
Bitget CRWVUSDTlong	0.0000%	8h	86.460	long leg	$2.3M	$1.9M	20x
SunX CRWV-USDT	0.0000%	8h	86.350	−0.127%	$1K	$5.0M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	86.270	−0.220%	$141K	$2K	20x	as long as short
QFEX CRWV-USD	+0.0029%	1h	86.410	−0.058%	$1.4M	$3.2M	10x	as long as short
Lighter CRWV	+0.0032%	1h	86.500	+0.046%	$105K	$32K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	86.430	−0.035%	$421K	$356K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest CRWV-USD-PERP	+0.0046%	1h	86.490	+0.035%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	86.310	−0.173%	$333K	$218K	10x	as long as short
Variational Omni CRWV	+0.0076%	8h	86.492	+0.037%	$315K	$391K	—	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	86.430	−0.035%	$366K	$512K	20x	as long as short
tradeXYZ xyz:CRWV	+0.0143%	1h	86.413	−0.054%	$9.7M	$7.6M	10x	as long as short
Extended CRWV-USDshort	+0.0152%	1h	86.449	−0.013%	$17K	$311K	10x
Binance CRWVUSDT	+0.0153%	8h	86.474	+0.017%	$9.7M	$17.7M	25x	as long as short
GRVT CRWV_USDT_Perp	+0.0212%	8h	86.394	−0.076%	$2K	$199K	10x	as long as short
Phoenix CRWV	+0.0278%	1h	86.510	+0.058%	$1K	$44K	10x	as long as short
Bybit CRWVUSDT	+0.0292%	8h	86.500	+0.046%	$2.2M	$1.2M	25x	as long as short
edgeX CRWVUSDC	+0.0331%	4h	86.365	−0.110%	$89K	$201K	10x	as long as short
Arcus CRWV-USD	+0.0340%	1h	86.370	−0.104%	$64K	$78K	10x	as long as short
Polymarket Perps CRWV-USD	+0.0341%	1h	86.436	−0.028%	$71K	$254K	10x	as long as short