Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0136%/8h= +14.9% APRpaid last 24h +0.018%

Price spread now: Extended against HTX+0.154%7-day average −0.071% · you sell dearer than you buy

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$520.525% of the position

Long on HTX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.093%+$9 on $10k

Price spread, last 3 days (all we have)−0.144%−$14 · spread now +0.154%, 7d avg −0.071%

Together, before fees−0.051%+ Points / potential airdropExtended: Active · farm board−$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Extended is 0.225% dearer against HTX than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.071%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX CRWV-USDT	86.330	0	get 0.0000% / 8h	7h 54m	$141K	$2K	20x
Short	Extended CRWV-USD	86.463	0.0136	get 0.0017% / 1h	54m 38s	$14K	$224K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against HTX. 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 HTXbpFee ExtendedbpOrdersPrice spread, now +0.154%Rate

Funding earned: $28.56
Price spread: +0.154% → −0.071%: $22.5
Slippage, 4 orders: −$35.49
Fee HTX: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$1.42
Costs to cover: 0.525%
Break-even: 7.3 days

Slippage from HTX: live order book, 16 min ago; Extended: live order book, 17 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 HTX live order book, 16 min ago	4.05 bp	10.9 bp −$11	24.3 bp −$243	doesn't fit	doesn't fit
Sell Extended live order book, 17 min ago	4.06 bp	15.2 bp −$15	105.1 bp −$1,051	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	−0.0002%	8h	86.540	+0.243%	$171K	$69K	20x	as long as short
Aster CRWVUSDT	0.0000%	8h	86.645	+0.365%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	86.540	+0.243%	$2.7M	$4.6M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	86.470	+0.162%	$5.6M	$3.9M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	86.490	+0.185%	$2.3M	$1.9M	20x	as long as short
SunX CRWV-USDT	0.0000%	8h	86.390	+0.070%	$1K	$5.2M	10x	as long as short
HTX CRWV-USDTlong	0.0000%	8h	86.330	long leg	$141K	$2K	20x
QFEX CRWV-USD	+0.0029%	1h	86.470	+0.162%	$1.4M	$3.3M	10x	as long as short
Lighter CRWV	+0.0032%	1h	86.550	+0.255%	$105K	$32K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	86.470	+0.162%	$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	86.640	+0.359%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	86.370	+0.046%	$334K	$218K	10x	as long as short
Variational Omni CRWV	+0.0054%	8h	86.593	+0.305%	$316K	$391K	—	as long as short
edgeX CRWVUSDC	+0.0086%	4h	86.511	+0.210%	$89K	$200K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	86.440	+0.127%	$366K	$515K	20x	as long as short
Extended CRWV-USDshort	+0.0136%	1h	86.463	+0.154%	$14K	$224K	10x
Binance CRWVUSDT	+0.0136%	8h	86.470	+0.162%	$9.6M	$18.2M	25x	as long as short
Phoenix CRWV	+0.0186%	1h	86.450	+0.139%	$1K	$44K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0192%	1h	86.474	+0.167%	$9.7M	$7.6M	10x	as long as short
GRVT CRWV_USDT_Perp	+0.0280%	8h	86.547	+0.251%	$2K	$202K	10x	as long as short
Bybit CRWVUSDT	+0.0309%	8h	86.520	+0.220%	$2.2M	$1.2M	25x	as long as short
Arcus CRWV-USD	+0.0340%	1h	86.440	+0.127%	$64K	$79K	10x	as long as short
Polymarket Perps CRWV-USD	+0.0392%	1h	86.554	+0.259%	$71K	$254K	10x	as long as short