Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0182%/8h= +20.0% APRpaid last 24h +0.146%

Price spread now: edgeX against Extended−0.122%7-day average +0.045% · you buy dearer than you sell

Net, funding: paid 7d − costs−$116as in the Funding arb table

Net, price: spread back to 7d avg − costs−$72as in the Price arb table

costs, in and out, $10k−$550.553% of the position

Long on Extended Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.604%−$60 on $10k

Price spread, last 4 days (all we have)+0.197%+$20 · spread now −0.122%, 7d avg +0.045%

Together, before fees−0.407%+ Points / potential airdropExtended: Active · edgeX: Active · farm board−$41 on $10k · with fees, hour by hour

Funding pays, the price is against you. edgeX is 0.167% cheaper against Extended than usual: you would sell low and buy high (spread −0.122% now, against its 7-day average of +0.045%). If the spread goes back, that is −$17 on $10k: about 3.0 days of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.604%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended CRWV-USD	85.187	0	get 0.0000% / 1h	20m 59s	$15K	$282K	10x
Short	edgeX CRWVUSDC	85.083	0.0182	get 0.0091% / 4h	3h 20m	$88K	$203K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Extended. 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 ExtendedbpFee edgeXbpOrdersPrice spread, now −0.122%Rate

Funding earned: $38.28
Price spread: −0.122% → +0.045%: −$16.67
Slippage, 4 orders: −$41.29
Fee Extended: 2.5 bp × 2 orders: −$5
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$33.68
Costs to cover: 0.553%
Break-even: 13.2 days

Slippage from Extended: live order book, 31 min ago; edgeX: 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 Extended live order book, 31 min ago	4.68 bp	15.1 bp −$15	115.4 bp −$1,154	doesn't fit	doesn't fit
Sell edgeX live order book, 31 min ago	6.43 bp	12.5 bp −$13	40.6 bp −$406	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
Bitget CRWVUSDT	−0.0077%	8h	85.220	+0.039%	$1.8M	$2.1M	20x	as long as short
Gate CRWV_USDT	−0.0037%	8h	85.210	+0.027%	$5.4M	$3.7M	50x	as long as short
BloFin CRWV-USDT	0.0000%	8h	85.110	−0.090%	$162K	$67K	20x	as long as short
Aster CRWVUSDT	0.0000%	8h	85.267	+0.094%	$37K	$33K	20x	as long as short
Extended CRWV-USDlong	0.0000%	1h	85.187	long leg	$15K	$282K	10x
Binance CRWVUSDT	0.0000%	8h	85.210	+0.027%	$9.4M	$17.4M	25x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	85.200	+0.015%	$2.4M	$5.0M	25x	as long as short
Variational Omni CRWV	0.0000%	8h	85.190	+0.004%	$311K	$299K	—	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	85.150	−0.043%	$2K	$193K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	85.140	−0.055%	$2K	$4.5M	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX CRWV-USDT	0.0000%	8h	85.110	−0.090%	$139K	$2K	20x	as long as short
QFEX CRWV-USD	+0.0025%	1h	85.150	−0.043%	$1.4M	$2.5M	10x	as long as short
Lighter CRWV	+0.0032%	1h	85.130	−0.067%	$97K	$37K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	85.150	−0.043%	$414K	$355K	10x	as long as short
Arcus CRWV-USD	+0.0040%	1h	85.100	−0.102%	$63K	$79K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	85.140	−0.055%	—	$156K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0050%	1h	85.156	−0.036%	$9.3M	$8.1M	10x	as long as short
Polymarket Perps CRWV-USD	+0.0050%	1h	85.132	−0.065%	$81K	$305K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	85.060	−0.149%	$319K	$149K	10x	as long as short
Phoenix CRWV	+0.0093%	1h	85.090	−0.114%	$1K	$45K	10x	as long as short
Bybit CRWVUSDT	+0.0096%	8h	85.210	+0.027%	$2.1M	$1.1M	25x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	85.130	−0.067%	$360K	$523K	20x	as long as short
edgeX CRWVUSDCshort	+0.0182%	4h	85.083	−0.122%	$88K	$203K	10x