Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.075%

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

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$550.546% of the position

Long on OKX Short on Gate

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+0.067%+$7 · spread now −0.035%, 7d avg 0.000%

Together, before fees+0.264%+$26 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: Gate is 0.035% cheaper against OKX 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	OKX CRWV-USDT-SWAP	85.830	0	get 0.0000% / 8h	1h 13m	$2.7M	$4.6M	25x
Short	Gate CRWV_USDT	85.800	0	get 0.0000% / 8h	1h 13m	$5.5M	$4.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against OKX. 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 OKXbpFee GatebpOrdersPrice spread, now −0.035%Rate

Funding earned: $0
Price spread: −0.035% → 0.000%: −$3.51
Slippage, 4 orders: −$29.56
Fee OKX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$58.07
Costs to cover: 0.546%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; Gate: 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 OKX live order book, 4 min ago	0.58 bp	13.2 bp −$13	36.8 bp −$368	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	2.91 bp	16.9 bp −$17	33.0 bp −$330	69.5 bp −$6,946	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
Aster CRWVUSDT	0.0000%	8h	85.813	−0.020%	$37K	$35K	20x	as long as short
Extended CRWV-USD	0.0000%	1h	85.763	−0.078%	$14K	$228K	10x	as long as short
Binance CRWVUSDT	0.0000%	8h	85.787	−0.050%	$9.7M	$18.4M	25x	as long as short
OKX CRWV-USDT-SWAPlong	0.0000%	8h	85.830	long leg	$2.7M	$4.6M	25x
Gate CRWV_USDTshort	0.0000%	8h	85.800	−0.035%	$5.5M	$4.0M	50x
Bitget CRWVUSDT	0.0000%	8h	85.800	−0.035%	$2.3M	$2.0M	20x	as long as short
Variational Omni CRWV	0.0000%	8h	85.844	+0.017%	$313K	$396K	—	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	85.850	+0.023%	$3K	$214K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	85.660	−0.198%	$2K	$5.4M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	85.800	−0.035%	$140K	$2K	20x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin CRWV-USDT	+0.0021%	8h	85.780	−0.058%	$170K	$68K	20x	as long as short
QFEX CRWV-USD	+0.0026%	1h	85.790	−0.047%	$1.3M	$3.3M	10x	as long as short
Lighter CRWV	+0.0032%	1h	85.860	+0.035%	$104K	$32K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	85.800	−0.035%	$421K	$454K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	85.860	+0.035%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	85.600	−0.268%	$331K	$215K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0099%	1h	85.749	−0.094%	$9.6M	$7.6M	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	85.790	−0.047%	$363K	$509K	20x	as long as short
Bybit CRWVUSDT	+0.0157%	8h	85.820	−0.012%	$2.2M	$1.3M	25x	as long as short
edgeX CRWVUSDC	+0.0157%	4h	85.850	+0.023%	$89K	$201K	10x	as long as short
Phoenix CRWV	+0.0187%	1h	85.820	−0.012%	$1K	$44K	10x	as long as short
Polymarket Perps CRWV-USD	+0.0337%	1h	85.815	−0.017%	$65K	$197K	10x	as long as short
Arcus CRWV-USD	+0.0548%	1h	85.780	−0.058%	$61K	$76K	10x	as long as short