Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.018%

Price spread now: OKX against HTX−0.072%7-day average −0.029% · you buy dearer than you sell

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$63as in the Price arb table

costs, in and out, $10k−$590.587% of the position

Long on HTX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.183%+$18 on $10k

Price spread, last 4 days (all we have)+0.452%+$45 · spread now −0.072%, 7d avg −0.029%

Together, before fees+0.635%+$64 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 0.043% cheaper against HTX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.029%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX CRWV-USDT	83.910	0	get 0.0000% / 8h	7h 43m	$131K	$15K	20x
Short	OKX CRWV-USDT-SWAP	83.850	0	get 0.0000% / 8h	7h 43m	$2.2M	$5.3M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.072%Rate

Funding earned: $0
Price spread: −0.072% → −0.029%: −$4.29
Slippage, 4 orders: −$36.66
Fee HTX: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$62.95
Costs to cover: 0.587%
Break-even: never at this rate

Slippage from HTX: live order book, 53 min ago; OKX: live order book, 5 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, 53 min ago	4.74 bp	14.7 bp −$15	28.1 bp −$281	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	2.39 bp	14.3 bp −$14	38.1 bp −$381	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	−0.0321%	8h	83.850	−0.072%	$1.8M	$1.9M	20x	as long as short
Aster CRWVUSDT	0.0000%	8h	83.870	−0.048%	$36K	$34K	20x	as long as short
Extended CRWV-USD	0.0000%	1h	83.863	−0.056%	$19K	$263K	10x	as long as short
Binance CRWVUSDT	0.0000%	8h	83.819	−0.108%	$9.3M	$19.1M	25x	as long as short
Bybit CRWVUSDT	0.0000%	8h	83.810	−0.119%	$1.9M	$1.3M	25x	as long as short
OKX CRWV-USDT-SWAPshort	0.0000%	8h	83.850	−0.072%	$2.2M	$5.3M	25x
Gate CRWV_USDT	0.0000%	8h	83.870	−0.048%	$5.2M	$4.4M	50x	as long as short
Variational Omni CRWV	0.0000%	8h	83.831	−0.094%	$293K	$264K	—	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	83.953	+0.051%	$2K	$187K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	83.820	−0.107%	$2K	$4.1M	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-USDTlong	0.0000%	8h	83.910	long leg	$131K	$15K	20x
BloFin CRWV-USDT	+0.0001%	8h	83.880	−0.036%	$153K	$64K	20x	as long as short
Lighter CRWV	+0.0032%	1h	83.870	−0.048%	$101K	$37K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	83.890	−0.024%	$373K	$447K	10x	as long as short
QFEX CRWV-USD	+0.0033%	1h	83.850	−0.072%	$1.3M	$2.4M	10x	as long as short
Arcus CRWV-USD	+0.0040%	1h	83.840	−0.083%	$63K	$58K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	83.870	−0.048%	—	$198K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0050%	1h	83.806	−0.124%	$9.3M	$8.5M	10x	as long as short
Polymarket Perps CRWV-USD	+0.0050%	1h	83.830	−0.095%	$73K	$238K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	84.000	+0.107%	$308K	$165K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	83.850	−0.072%	$351K	$583K	20x	as long as short
Phoenix CRWV	+0.0285%	1h	83.800	−0.131%	$2K	$40K	10x	as long as short
edgeX CRWVUSDC	+0.0570%	4h	83.925	+0.017%	$86K	$204K	10x	as long as short