Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0146%/8h= +16.0% APRpaid last 24h +0.013%

Price spread now: Polymarket Perps against BloFin+0.010%7-day average −0.056% · you sell dearer than you buy

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$400.401% of the position

Long on BloFin Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.146%+$15 on $10k

Price spread, last 4 days (all we have)+0.089%+$9 · spread now +0.010%, 7d avg −0.056%

Together, before fees+0.235%+$24 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Polymarket Perps is 0.066% dearer against BloFin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.056%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin CRWV-USDT	85.960	0.0016	pay 0.0016% / 8h	5h 30m	$166K	$67K	20x
Short	Polymarket Perps CRWV-USD	85.969	0.0162	get 0.0020% / 1h	30m 53s	$85K	$289K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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

Position, each leg$Hold fordaysFee BloFinbpFee Polymarket PerpsbpOrdersPrice spread, now +0.010%Rate

Funding earned: $30.73
Price spread: +0.010% → −0.056%: $6.61
Slippage, 4 orders: −$20.09
Fee BloFin: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$2.75
Costs to cover: 0.401%
Break-even: 7.6 days

Slippage from BloFin: live order book, 6 min ago; Polymarket Perps: live order book, 31 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 BloFin live order book, 6 min ago	0.58 bp	12.9 bp −$13	24.7 bp −$247	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 31 min ago	2.56 bp	6.6 bp −$7	7.2 bp −$72	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
Aster CRWVUSDT	0.0000%	8h	86.045	+0.099%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	85.960	0.000%	$2.5M	$4.8M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	85.960	0.000%	$5.5M	$3.9M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	85.940	−0.023%	$2.0M	$2.0M	20x	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	85.965	+0.006%	$2K	$190K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	85.870	−0.105%	$1K	$4.6M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	86.010	+0.058%	$141K	$2K	20x	as long as short
Variational Omni CRWV	+0.0004%	8h	85.932	−0.032%	$314K	$300K	—	as long as short
BloFin CRWV-USDTlong	+0.0016%	8h	85.960	long leg	$166K	$67K	20x
Lighter CRWV	+0.0032%	1h	85.970	+0.012%	$103K	$30K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH CRWV	+0.0032%	1h	85.960	0.000%	$418K	$352K	10x	as long as short
QFEX CRWV-USD	+0.0032%	1h	85.920	−0.047%	$1.3M	$2.7M	10x	as long as short
Arcus CRWV-USD	+0.0040%	1h	85.910	−0.058%	$64K	$79K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	86.000	+0.047%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	85.800	−0.186%	$329K	$136K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0068%	1h	85.900	−0.070%	$9.7M	$8.2M	10x	as long as short
Extended CRWV-USD	+0.0080%	1h	85.912	−0.056%	$14K	$306K	10x	as long as short
Binance CRWVUSDT	+0.0083%	8h	85.936	−0.028%	$9.6M	$17.1M	25x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	85.870	−0.105%	$363K	$528K	20x	as long as short
Polymarket Perps CRWV-USDshort	+0.0162%	1h	85.969	+0.010%	$85K	$289K	10x
Phoenix CRWV	+0.0187%	1h	85.930	−0.035%	$1K	$46K	10x	as long as short
Bybit CRWVUSDT	+0.0247%	8h	85.970	+0.012%	$2.2M	$1.1M	25x	as long as short
edgeX CRWVUSDC	+0.0755%	4h	85.951	−0.011%	$89K	$203K	10x	as long as short