Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0363%/8h= −39.8% APRpaid last 24h −0.113%

Price spread now: Extended against edgeX+0.147%7-day average −0.043% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$540.543% of the position

Long on edgeX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.608%+$61 on $10k

Price spread, last 3 days (all we have)−0.207%−$21 · spread now +0.147%, 7d avg −0.043%

Together, before fees+0.401%+ Points / potential airdropedgeX: Active · Extended: Active · farm board+$40 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Extended is 0.190% dearer against edgeX than usual: you sell high and buy low (spread +0.147% now, against its 7-day average of −0.043%): +$19 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 42 hours. Mind the row above: over the last 7 days funding on this pair paid +0.608%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX CRWVUSDC	86.355	0.0515	pay 0.0258% / 4h	3h 29m	$89K	$202K	10x
Short	Extended CRWV-USD	86.481	0.0152	get 0.0019% / 1h	29m 01s	$17K	$364K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against edgeX. 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 edgeXbpFee ExtendedbpOrdersPrice spread, now +0.147%Rate

Funding earned: −$76.29
Price spread: +0.147% → −0.043%: $19.02
Slippage, 4 orders: −$40.29
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$111.56
Costs to cover: 0.543%
Break-even: never at this rate

Slippage from edgeX: live order book, 43 min ago; Extended: live order book, 43 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 edgeX live order book, 43 min ago	5.21 bp	14.3 bp −$14	45.4 bp −$454	doesn't fit	doesn't fit
Sell Extended live order book, 43 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
Aster CRWVUSDT	0.0000%	8h	86.614	+0.300%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	86.550	+0.226%	$2.7M	$4.6M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	86.470	+0.134%	$5.5M	$3.9M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	86.510	+0.180%	$2.3M	$1.9M	20x	as long as short
SunX CRWV-USDT	0.0000%	8h	86.410	+0.064%	$1K	$5.0M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	86.430	+0.087%	$141K	$2K	20x	as long as short
BloFin CRWV-USDT	+0.0018%	8h	86.370	+0.018%	$172K	$69K	20x	as long as short
QFEX CRWV-USD	+0.0029%	1h	86.500	+0.168%	$1.4M	$3.2M	10x	as long as short
Lighter CRWV	+0.0032%	1h	86.580	+0.261%	$105K	$32K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	86.470	+0.134%	$420K	$357K	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	86.540	+0.215%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	86.170	−0.214%	$333K	$218K	10x	as long as short
Variational Omni CRWV	+0.0082%	8h	86.332	−0.027%	$315K	$391K	—	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	86.470	+0.134%	$366K	$512K	20x	as long as short
GRVT CRWV_USDT_Perp	+0.0134%	8h	86.343	−0.013%	$2K	$197K	10x	as long as short
Binance CRWVUSDT	+0.0149%	8h	86.493	+0.160%	$9.7M	$17.6M	25x	as long as short
Extended CRWV-USDshort	+0.0152%	1h	86.481	+0.147%	$17K	$364K	10x
tradeXYZ xyz:CRWV	+0.0155%	1h	86.453	+0.114%	$9.7M	$7.6M	10x	as long as short
Phoenix CRWV	+0.0278%	1h	86.340	−0.017%	$1K	$44K	10x	as long as short
Bybit CRWVUSDT	+0.0316%	8h	86.520	+0.191%	$2.2M	$1.2M	25x	as long as short
Arcus CRWV-USD	+0.0340%	1h	86.310	−0.052%	$64K	$78K	10x	as long as short
Polymarket Perps CRWV-USD	+0.0372%	1h	86.562	+0.240%	$71K	$254K	10x	as long as short
edgeX CRWVUSDClong	+0.0515%	4h	86.355	long leg	$89K	$202K	10x