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

CRWV

RWAall CRWV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0494%/8h= +54.1% APRpaid last 24h +0.005%
Price spread now: Ondo Perps against Bitget−0.284%50s7-day average −0.152% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.041%+$4 on $10k
Price spread, last 4 days (all we have)+0.166%+$17 · spread now −0.284%, 7d avg −0.152%
Together, before fees+0.207%+ Points / potential airdropOndo Perps: Active · farm board+$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.132% cheaper against Bitget than usual: you would sell low and buy high (spread −0.284% now, against its 7-day average of −0.152%). If the spread goes back, that is −$13 on $10k: about 21 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.041% in total) that is about 22 days. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.041% in total (about 2.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CRWVUSDT84.380−0.0444get 0.0444% / 8h20m 41s$1.8M$2.0M20x
ShortOndo Perps CRWV-USD.P84.1400.0050get 0.0006% / 1h20m 41s$308K$164K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$103.82
Price spread: −0.284% → −0.152%
−$13.2
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$73.62
Costs to cover
0.170%
Break-even
2.0 days
Slippage unknown: Bitget: live order book, 1 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 1 min ago3.56 bp18.9 bp −$1932.7 bp −$327doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
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 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
Bitget CRWVUSDTlong−0.0444%8h84.380long leg$1.8M$2.0M20x
Gate CRWV_USDT−0.0412%8h84.340−0.047%$5.2M$4.2M50xas long as short
Aster CRWVUSDT0.0000%8h84.321−0.070%$37K$34K20xas long as short
Extended CRWV-USD0.0000%1h84.328−0.062%$15K$260K10xas long as short
Binance CRWVUSDT0.0000%8h84.344−0.043%$9.1M$18.2M25xas long as short
Bybit CRWVUSDT0.0000%8h84.330−0.059%$1.9M$1.3M25xas long as short
OKX CRWV-USDT-SWAP0.0000%8h84.320−0.071%$2.3M$5.2M25xas long as short
Variational Omni CRWV0.0000%8h84.330−0.059%$294K$285Kas long as short
GRVT CRWV_USDT_Perp0.0000%8h84.300−0.095%$2K$189K10xas long as short
SunX CRWV-USDT0.0000%8h84.290−0.107%$2K$4.2M10xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX CRWV-USDT0.0000%8h84.310−0.083%$132K$14K20xas long as short
QFEX CRWV-USD+0.0012%1h84.290−0.107%$1.3M$2.4M10xas long as short
BloFin CRWV-USDT+0.0015%8h84.350−0.036%$154K$65K20xas long as short
Lighter CRWV+0.0032%1h84.290−0.107%$102K$48K10xas long as short
Lighter RH CRWV+0.0032%1h84.350−0.036%$404K$402K10xas long as short
Arcus CRWV-USD+0.0040%1h84.270−0.130%$63K$78K10xas long as short
Vest CRWV-USD-PERP+0.0046%1h84.240−0.166%$177K10xas long as short
Polymarket Perps CRWV-USD+0.0050%1h84.293−0.103%$73K$307K10xas long as short
Ondo Perps CRWV-USD.Pshort+0.0050%1h84.140−0.284%$308K$164K10x
Phoenix CRWV+0.0095%1h84.340−0.047%$2K$41K10xas long as short
KuCoin CRWVUSDTM+0.0100%8h84.300−0.095%$354K$567K20xas long as short
edgeX CRWVUSDC+0.0162%4h84.266−0.135%$87K$203K10xas long as short
tradeXYZ xyz:CRWV+0.0198%1h84.341−0.046%$9.2M$8.3M10xas long as short