Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0577%/8h= +63.2% APRpaid last 24h +0.012%

Price spread now: Polymarket Perps against KuCoin+0.128%7-day average +0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$276as in the Funding arb table

Net, price: spread back to 7d avg − costs−$275as in the Price arb table

costs, in and out, $10k−$2872.867% of the position

Long on KuCoin Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.109%+$11 on $10k

Price spread, last 4 days (all we have)+0.853%+$85 · spread now +0.128%, 7d avg +0.013%

Together, before fees+0.961%+$96 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Polymarket Perps is 0.115% dearer against KuCoin than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.013%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.109% in total (about 5.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin CRWVUSDTM	85.730	0.0100	pay 0.0100% / 8h	6h 38m	$363K	$519K	20x
Short	Polymarket Perps CRWV-USD	85.840	0.0677	get 0.0085% / 1h	38m 53s	$70K	$268K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against KuCoin. 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 KuCoinbpFee Polymarket PerpsbpOrdersPrice spread, now +0.128%Rate

Funding earned: $121.16
Price spread: +0.128% → +0.013%: $11.55
Slippage, 4 orders: −$266.66
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$153.95
Costs to cover: 2.867%
Break-even: 15.9 days

Slippage from KuCoin: live order book, 74 min ago; Polymarket Perps: live order book, 28 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 KuCoin live order book, 74 min ago	13.88 bp	140.7 bp −$141	doesn't fit	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 28 min ago	2.71 bp	7.0 bp −$7	8.3 bp −$83	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	−0.0027%	8h	86.180	+0.525%	$171K	$68K	20x	as long as short
Aster CRWVUSDT	0.0000%	8h	85.934	+0.238%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	85.810	+0.093%	$2.6M	$4.6M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	85.800	+0.082%	$5.5M	$3.9M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	85.890	+0.187%	$2.2M	$1.9M	20x	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	85.870	+0.164%	$3K	$192K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	85.740	+0.012%	$2K	$4.9M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	85.860	+0.152%	$140K	$2K	20x	as long as short
edgeX CRWVUSDC	+0.0012%	4h	85.867	+0.160%	$88K	$201K	10x	as long as short
QFEX CRWV-USD	+0.0018%	1h	85.730	0.000%	$1.3M	$3.0M	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	85.770	+0.047%	$417K	$357K	10x	as long as short
Arcus CRWV-USD	+0.0040%	1h	85.790	+0.070%	$64K	$78K	10x	as long as short
Variational Omni CRWV	+0.0041%	8h	85.842	+0.130%	$313K	$391K	—	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	85.770	+0.047%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	85.630	−0.117%	$331K	$218K	10x	as long as short
Lighter CRWV	+0.0064%	1h	85.850	+0.140%	$104K	$30K	10x	as long as short
KuCoin CRWVUSDTMlong	+0.0100%	8h	85.730	long leg	$363K	$519K	20x
Extended CRWV-USD	+0.0112%	1h	85.762	+0.037%	$19K	$309K	10x	as long as short
Binance CRWVUSDT	+0.0114%	8h	85.775	+0.053%	$9.6M	$17.5M	25x	as long as short
Phoenix CRWV	+0.0278%	1h	85.890	+0.187%	$1K	$46K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0329%	1h	85.753	+0.027%	$9.9M	$8.0M	10x	as long as short
Bybit CRWVUSDT	+0.0407%	8h	85.820	+0.105%	$2.2M	$1.2M	25x	as long as short
Polymarket Perps CRWV-USDshort	+0.0677%	1h	85.840	+0.128%	$70K	$268K	10x