Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0508%/8h= −55.6% APRpaid last 24h −0.052%

Price spread now: Gate against edgeX+0.064%52s7-day average −0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs+$37as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$550.554% of the position

Long on edgeX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.924%+$92 on $10k

Price spread, last 4 days (all we have)−0.147%−$15 · spread now +0.064%, 7d avg −0.025%

Together, before fees+0.777%+ Points / potential airdropedgeX: Active · farm board+$78 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.089% dearer against edgeX than usual: you sell high and buy low (spread +0.064% now, against its 7-day average of −0.025%): +$9 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 14 hours. Mind the row above: over the last 7 days funding on this pair paid +0.924%, so the current rate has only just turned against you. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX CRWVUSDC	85.955	0.0508	pay 0.0254% / 4h	1h 12m	$89K	$203K	10x
Short	Gate CRWV_USDT	86.010	0	get 0.0000% / 8h	5h 12m	$5.5M	$3.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.064%Rate

Funding earned: −$106.65
Price spread: +0.064% → −0.025%: $8.93
Slippage, 4 orders: −$31.45
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$153.17
Costs to cover: 0.554%
Break-even: never at this rate

Slippage from edgeX: live order book, 49 min ago; Gate: live order book, just now.

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, 49 min ago	5.83 bp	12.5 bp −$12	40.5 bp −$405	doesn't fit	doesn't fit
Sell Gate live order book, just now	2.33 bp	15.6 bp −$16	41.4 bp −$414	78.5 bp −$7,846	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
BloFin CRWV-USDT	−0.0024%	8h	86.000	+0.053%	$166K	$67K	20x	as long as short
Aster CRWVUSDT	0.0000%	8h	86.097	+0.165%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	86.000	+0.053%	$2.5M	$4.8M	25x	as long as short
Gate CRWV_USDTshort	0.0000%	8h	86.010	+0.064%	$5.5M	$3.9M	50x
Bitget CRWVUSDT	0.0000%	8h	85.960	+0.006%	$2.0M	$2.0M	20x	as long as short
Variational Omni CRWV	0.0000%	8h	85.968	+0.016%	$314K	$300K	—	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	85.961	+0.007%	$2K	$191K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	85.890	−0.075%	$2K	$4.6M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	86.010	+0.064%	$141K	$2K	20x	as long as short
Lighter CRWV	+0.0032%	1h	86.010	+0.064%	$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	85.980	+0.030%	$418K	$352K	10x	as long as short
QFEX CRWV-USD	+0.0032%	1h	85.970	+0.018%	$1.3M	$2.7M	10x	as long as short
Arcus CRWV-USD	+0.0040%	1h	85.930	−0.029%	$64K	$79K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	86.050	+0.111%	—	$156K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0050%	1h	85.933	−0.025%	$9.7M	$8.1M	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	85.830	−0.145%	$330K	$137K	10x	as long as short
Binance CRWVUSDT	+0.0051%	8h	85.970	+0.018%	$9.6M	$17.0M	25x	as long as short
Extended CRWV-USD	+0.0056%	1h	85.948	−0.008%	$14K	$304K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	85.940	−0.017%	$363K	$524K	20x	as long as short
Polymarket Perps CRWV-USD	+0.0144%	1h	85.982	+0.032%	$85K	$289K	10x	as long as short
Bybit CRWVUSDT	+0.0181%	8h	86.010	+0.064%	$2.2M	$1.2M	25x	as long as short
Phoenix CRWV	+0.0187%	1h	85.960	+0.006%	$1K	$46K	10x	as long as short
edgeX CRWVUSDClong	+0.0508%	4h	85.955	long leg	$89K	$203K	10x