Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.097%

Price spread now: Gate against Extended−0.025%7-day average +0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$69as in the Price arb table

costs, in and out, $10k−$640.644% of the position

Long on Extended Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.287%+$29 on $10k

Price spread, last 4 days (all we have)+0.368%+$37 · spread now −0.025%, 7d avg +0.026%

Together, before fees+0.655%+ Points / potential airdropExtended: Active · farm board+$66 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.050% cheaper against Extended than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.026%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended CRWV-USD	85.691	0	get 0.0000% / 1h	11m 22s	$14K	$228K	10x
Short	Gate CRWV_USDT	85.670	0	get 0.0000% / 8h	2h 11m	$5.5M	$4.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.025%Rate

Funding earned: $0
Price spread: −0.025% → +0.026%: −$5.02
Slippage, 4 orders: −$44.36
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$69.39
Costs to cover: 0.644%
Break-even: never at this rate

Slippage from Extended: live order book, 11 min ago; Gate: live order book, 2 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, 11 min ago	4.09 bp	14.5 bp −$15	113.0 bp −$1,130	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	2.92 bp	16.1 bp −$16	40.3 bp −$403	71.9 bp −$7,193	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	−0.0029%	8h	85.670	−0.025%	$171K	$68K	20x	as long as short
Aster CRWVUSDT	0.0000%	8h	85.612	−0.092%	$37K	$35K	20x	as long as short
Extended CRWV-USDlong	0.0000%	1h	85.691	long leg	$14K	$228K	10x
Binance CRWVUSDT	0.0000%	8h	85.690	−0.001%	$9.7M	$18.3M	25x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	85.680	−0.013%	$2.7M	$4.6M	25x	as long as short
Gate CRWV_USDTshort	0.0000%	8h	85.670	−0.025%	$5.5M	$4.2M	50x
Bitget CRWVUSDT	0.0000%	8h	85.660	−0.036%	$2.2M	$2.0M	20x	as long as short
Variational Omni CRWV	0.0000%	8h	85.666	−0.029%	$313K	$396K	—	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	85.675	−0.019%	$2K	$222K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	85.600	−0.106%	$1K	$5.4M	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	85.690	−0.001%	$140K	$2K	20x	as long as short
Lighter CRWV	+0.0032%	1h	85.710	+0.022%	$104K	$32K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	85.680	−0.013%	$427K	$468K	10x	as long as short
QFEX CRWV-USD	+0.0032%	1h	85.670	−0.025%	$1.3M	$3.2M	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	85.690	−0.001%	—	$149K	10x	as long as short
edgeX CRWVUSDC	+0.0047%	4h	85.645	−0.054%	$88K	$201K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	85.570	−0.141%	$330K	$215K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0065%	1h	85.632	−0.069%	$9.6M	$7.6M	10x	as long as short
Phoenix CRWV	+0.0093%	1h	85.670	−0.025%	$1K	$44K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	85.640	−0.060%	$362K	$521K	20x	as long as short
Bybit CRWVUSDT	+0.0104%	8h	85.720	+0.034%	$2.2M	$1.3M	25x	as long as short
Polymarket Perps CRWV-USD	+0.0224%	1h	85.722	+0.036%	$69K	$192K	10x	as long as short
Arcus CRWV-USD	+0.0402%	1h	85.680	−0.013%	$61K	$76K	10x	as long as short