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

CRWV

RWAall CRWV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0051%/8h= +5.6% APRpaid last 24h +0.039%
Price spread now: Polymarket Perps against Bitget−0.034%50s7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$440.439% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.244%+$24 on $10k
Price spread, last 4 days (all we have)+0.212%+$21 · spread now −0.034%, 7d avg −0.077%
Together, before fees+0.456%+$46 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.043% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.077%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CRWVUSDT85.360−0.0001get 0.0001% / 8h3h 29m$1.8M$2.1M20x
ShortPolymarket Perps CRWV-USD85.3310.0050get 0.0006% / 1h29m 47s$81K$305K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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

Funding earned
$10.71
Price spread: −0.034% → −0.077%
$4.29
Slippage, 4 orders
−$23.9
Fee Bitget: 6 bp × 2 orders
−$12
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$28.89
Costs to cover
0.439%
Break-even
25.9 days
Slippage from Bitget: live order book, 2 min ago; Polymarket Perps: live order book, 22 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 Bitget live order book, 2 min ago4.11 bp18.1 bp −$1839.5 bp −$395doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 22 min ago1.34 bp5.4 bp −$56.6 bp −$66doesn'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−0.0016%8h85.210−0.176%$163K$67K20xas long as short
Bitget CRWVUSDTlong−0.0001%8h85.360long leg$1.8M$2.1M20x
Aster CRWVUSDT0.0000%8h85.617+0.301%$37K$33K20xas long as short
Extended CRWV-USD0.0000%1h85.347−0.015%$15K$305K10xas long as short
Binance CRWVUSDT0.0000%8h85.310−0.059%$9.4M$17.3M25xas long as short
OKX CRWV-USDT-SWAP0.0000%8h85.370+0.012%$2.5M$4.9M25xas long as short
Gate CRWV_USDT0.0000%8h85.380+0.023%$5.4M$3.7M50xas long as short
Variational Omni CRWV0.0000%8h85.305−0.064%$311K$299Kas long as short
GRVT CRWV_USDT_Perp0.0000%8h85.224−0.159%$2K$192K10xas long as short
SunX CRWV-USDT0.0000%8h85.350−0.012%$1K$4.5M10xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX CRWV-USDT0.0000%8h85.260−0.117%$139K$2K20xas long as short
QFEX CRWV-USD+0.0025%1h85.340−0.023%$1.4M$2.5M10xas long as short
Lighter CRWV+0.0032%1h85.280−0.094%$97K$37K10xas long as short
Lighter RH CRWV+0.0032%1h85.340−0.023%$415K$355K10xas long as short
Arcus CRWV-USD+0.0040%1h85.230−0.152%$64K$78K10xas long as short
Vest CRWV-USD-PERP+0.0046%1h85.330−0.035%$156K10xas long as short
Polymarket Perps CRWV-USDshort+0.0050%1h85.331−0.034%$81K$305K10x
Ondo Perps CRWV-USD.P+0.0050%1h85.220−0.164%$320K$148K10xas long as short
tradeXYZ xyz:CRWV+0.0052%1h85.283−0.090%$9.4M$8.1M10xas long as short
Phoenix CRWV+0.0093%1h85.300−0.070%$1K$45K10xas long as short
KuCoin CRWVUSDTM+0.0100%8h85.260−0.117%$361K$521K20xas long as short
Bybit CRWVUSDT+0.0109%8h85.290−0.082%$2.1M$1.1M25xas long as short
edgeX CRWVUSDC+0.0997%4h85.223−0.161%$88K$203K10xas long as short