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

CRWV

RWAall CRWV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0073%/8h= +8.0% APRpaid last 24h +0.017%
Price spread now: Phoenix against BloFin+0.059%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Phoenix is 0.059% dearer against BloFin than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CRWV-USDT84.3800.0022pay 0.0022% / 8h12m 30s$154K$65K20x
ShortPhoenix CRWV84.4300.0095get 0.0012% / 1h12m 30s$2K$41K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix against BloFin. 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
$15.39
Price spread: +0.059% → 0.000%
$5.93
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$2.32
Costs to cover
0.190%
Break-even
5.9 days
Slippage unknown: BloFin: live order book, 57 min ago; Phoenix: 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 BloFin live order book, 57 min ago2.97 bp12.7 bp −$1321.7 bp −$217doesn't fitdoesn't fit
Sell Phoenix no order-book sample
Phoenix: 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
Gate CRWV_USDT−0.0421%8h84.420+0.047%$5.2M$4.2M50xas long as short
Bitget CRWVUSDT−0.0411%8h84.440+0.071%$1.8M$2.0M20xas long as short
Aster CRWVUSDT0.0000%8h84.381+0.001%$37K$34K20xas long as short
Extended CRWV-USD0.0000%1h84.404+0.029%$15K$260K10xas long as short
Binance CRWVUSDT0.0000%8h84.430+0.059%$9.1M$18.2M25xas long as short
Bybit CRWVUSDT0.0000%8h84.440+0.071%$1.9M$1.3M25xas long as short
OKX CRWV-USDT-SWAP0.0000%8h84.420+0.047%$2.3M$5.2M25xas long as short
Variational Omni CRWV0.0000%8h84.372−0.010%$294K$285Kas long as short
GRVT CRWV_USDT_Perp0.0000%8h84.377−0.004%$2K$189K10xas long as short
SunX CRWV-USDT0.0000%8h84.3800.000%$2K$4.2M10xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX CRWV-USDT0.0000%8h84.400+0.024%$132K$14K20xas long as short
QFEX CRWV-USD+0.0012%1h84.390+0.012%$1.3M$2.4M10xas long as short
BloFin CRWV-USDTlong+0.0022%8h84.380long leg$154K$65K20x
Lighter CRWV+0.0032%1h84.350−0.036%$102K$48K10xas long as short
Lighter RH CRWV+0.0032%1h84.410+0.036%$398K$410K10xas long as short
Arcus CRWV-USD+0.0040%1h84.360−0.024%$63K$78K10xas long as short
Vest CRWV-USD-PERP+0.0046%1h84.360−0.024%$184K10xas long as short
Polymarket Perps CRWV-USD+0.0050%1h84.356−0.028%$73K$307K10xas long as short
Ondo Perps CRWV-USD.P+0.0050%1h84.280−0.119%$309K$164K10xas long as short
Phoenix CRWVshort+0.0095%1h84.430+0.059%$2K$41K10x
KuCoin CRWVUSDTM+0.0100%8h84.370−0.012%$355K$568K20xas long as short
edgeX CRWVUSDC+0.0224%4h84.379−0.001%$87K$204K10xas long as short
tradeXYZ xyz:CRWV+0.0228%1h84.415+0.041%$9.2M$8.3M10xas long as short