Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0154%/8h= +16.9% APRpaid last 24h −0.056%

Price spread now: tradeXYZ against Gate+0.003%7-day average −0.108% · you sell dearer than you buy

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$520.519% of the position

Long on Gate Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.244%−$24 on $10k

Price spread, last 7 days−0.096%−$10 · spread now +0.003%, 7d avg −0.108%

Together, before fees−0.340%+ Points / potential airdroptradeXYZ: Active · farm board−$34 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and tradeXYZ is 0.112% dearer against Gate than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.108%. Mind the row above: over the last 7 days funding on this pair cost −0.244%, 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	Gate CRWV_USDT	86.550	0	get 0.0000% / 8h	7h 48m	$5.6M	$3.9M	50x
Short	tradeXYZ xyz:CRWV	86.553	0.0154	get 0.0019% / 1h	48m 06s	$9.7M	$7.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now +0.003%Rate

Funding earned: $32.43
Price spread: +0.003% → −0.108%: $11.16
Slippage, 4 orders: −$18.88
Fee Gate: 7.5 bp × 2 orders: −$15
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$8.29
Costs to cover: 0.519%
Break-even: 8.8 days

Slippage from Gate: live order book, 5 min ago; tradeXYZ: live order book, 10 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	3.47 bp	16.6 bp −$17	43.6 bp −$436	80.0 bp −$7,995	doesn't fit
Sell tradeXYZ live order book, 10 min ago	0.75 bp	10.7 bp −$11	15.1 bp −$151	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	−0.0019%	8h	86.650	+0.116%	$171K	$69K	20x	as long as short
Aster CRWVUSDT	0.0000%	8h	86.701	+0.175%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	86.610	+0.069%	$2.7M	$4.6M	25x	as long as short
Gate CRWV_USDTlong	0.0000%	8h	86.550	long leg	$5.6M	$3.9M	50x
Bitget CRWVUSDT	0.0000%	8h	86.580	+0.035%	$2.3M	$1.9M	20x	as long as short
SunX CRWV-USDT	0.0000%	8h	86.430	−0.139%	$2K	$5.2M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	86.650	+0.116%	$142K	$2K	20x	as long as short
QFEX CRWV-USD	+0.0029%	1h	86.540	−0.012%	$1.4M	$3.2M	10x	as long as short
Lighter CRWV	+0.0032%	1h	86.650	+0.116%	$105K	$32K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	86.560	+0.012%	$422K	$354K	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	86.690	+0.162%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	86.520	−0.035%	$334K	$219K	10x	as long as short
edgeX CRWVUSDC	+0.0059%	4h	86.487	−0.072%	$89K	$201K	10x	as long as short
Variational Omni CRWV	+0.0060%	8h	86.472	−0.091%	$316K	$391K	—	as long as short
GRVT CRWV_USDT_Perp	+0.0076%	8h	86.505	−0.052%	$3K	$201K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	86.510	−0.046%	$366K	$514K	20x	as long as short
Binance CRWVUSDT	+0.0142%	8h	86.550	0.000%	$9.7M	$18.0M	25x	as long as short
Extended CRWV-USD	+0.0144%	1h	86.532	−0.021%	$14K	$243K	10x	as long as short
tradeXYZ xyz:CRWVshort	+0.0154%	1h	86.553	+0.003%	$9.7M	$7.6M	10x
Bybit CRWVUSDT	+0.0264%	8h	86.620	+0.081%	$2.2M	$1.2M	25x	as long as short
Phoenix CRWV	+0.0278%	1h	86.490	−0.069%	$1K	$44K	10x	as long as short
Polymarket Perps CRWV-USD	+0.0334%	1h	86.618	+0.079%	$71K	$254K	10x	as long as short
Arcus CRWV-USD	+0.0340%	1h	86.500	−0.058%	$64K	$79K	10x	as long as short