Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.048%

Price spread now: OKX against Gate−0.035%7-day average 0.000% · you buy dearer than you sell

Net, funding: paid 7d − costs−$77as in the Funding arb table

Net, price: spread back to 7d avg − costs−$61as in the Price arb table

costs, in and out, $10k−$580.576% of the position

Long on Gate Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.197%−$20 on $10k

Price spread, last 7 days+0.013%+$1 · spread now −0.035%, 7d avg 0.000%

Together, before fees−0.184%−$18 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: OKX is 0.035% cheaper against Gate than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of 0.000%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate CRWV_USDT	86.040	0	get 0.0000% / 8h	5h 08m	$5.5M	$3.9M	50x
Short	OKX CRWV-USDT-SWAP	86.010	0	get 0.0000% / 8h	5h 08m	$2.5M	$4.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Gate. 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 GatebpFee OKXbpOrdersPrice spread, now −0.035%Rate

Funding earned: $0
Price spread: −0.035% → 0.000%: −$3.51
Slippage, 4 orders: −$32.6
Fee Gate: 7.5 bp × 2 orders: −$15
Fee OKX: 5 bp × 2 orders: −$10
Net: −$61.11
Costs to cover: 0.576%
Break-even: never at this rate

Slippage from Gate: live order book, 5 min ago; OKX: live order book, 4 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 Gate live order book, 5 min ago	2.33 bp	14.5 bp −$14	45.3 bp −$453	78.2 bp −$7,823	doesn't fit
Sell OKX live order book, 4 min ago	1.74 bp	16.4 bp −$16	38.0 bp −$380	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
BloFin CRWV-USDT	−0.0006%	8h	85.990	−0.058%	$165K	$67K	20x	as long as short
Aster CRWVUSDT	0.0000%	8h	86.144	+0.121%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAPshort	0.0000%	8h	86.010	−0.035%	$2.5M	$4.8M	25x
Gate CRWV_USDTlong	0.0000%	8h	86.040	long leg	$5.5M	$3.9M	50x
Bitget CRWVUSDT	0.0000%	8h	86.020	−0.023%	$2.0M	$2.0M	20x	as long as short
Variational Omni CRWV	0.0000%	8h	85.948	−0.107%	$314K	$300K	—	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	85.958	−0.095%	$2K	$192K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	85.950	−0.105%	$2K	$4.6M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	86.050	+0.012%	$141K	$2K	20x	as long as short
Lighter CRWV	+0.0032%	1h	86.070	+0.035%	$103K	$32K	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	86.000	−0.046%	$418K	$353K	10x	as long as short
QFEX CRWV-USD	+0.0032%	1h	86.000	−0.046%	$1.3M	$2.7M	10x	as long as short
Extended CRWV-USD	+0.0040%	1h	85.997	−0.050%	$17K	$307K	10x	as long as short
Arcus CRWV-USD	+0.0040%	1h	85.950	−0.105%	$64K	$79K	10x	as long as short
Binance CRWVUSDT	+0.0043%	8h	86.010	−0.035%	$9.6M	$17.0M	25x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	86.080	+0.046%	—	$156K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0050%	1h	85.973	−0.078%	$9.7M	$7.8M	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	85.920	−0.139%	$330K	$137K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	85.980	−0.070%	$364K	$523K	20x	as long as short
Polymarket Perps CRWV-USD	+0.0134%	1h	86.020	−0.023%	$85K	$289K	10x	as long as short
Bybit CRWVUSDT	+0.0171%	8h	86.050	+0.012%	$2.2M	$1.2M	25x	as long as short
Phoenix CRWV	+0.0187%	1h	86.000	−0.046%	$1K	$46K	10x	as long as short
edgeX CRWVUSDC	+0.0227%	4h	85.949	−0.106%	$89K	$202K	10x	as long as short