Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.035%

Price spread now: HTX against OKX−0.538%7-day average +0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs−$66as in the Funding arb table

Net, price: spread back to 7d avg − costs−$105as in the Price arb table

costs, in and out, $10k−$480.481% of the position

Long on OKX Short on HTX

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)+0.416%+$42 · spread now −0.538%, 7d avg +0.026%

Together, before fees+0.232%+$23 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: HTX is 0.564% cheaper against OKX than usual: you would sell low and buy high, −$56 on $10k if it goes back to its 7-day average of +0.026%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX CRWV-USDT-SWAP	85.450	0	get 0.0000% / 8h	3h 44m	$2.5M	$4.9M	25x
Short	HTX CRWV-USDT	84.990	0	get 0.0000% / 8h	3h 44m	$139K	$2K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.538%Rate

Funding earned: $0
Price spread: −0.538% → +0.026%: −$56.41
Slippage, 4 orders: −$26.1
Fee OKX: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$104.52
Costs to cover: 0.481%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; HTX: live order book, 7 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	2.92 bp	16.0 bp −$16	44.9 bp −$449	doesn't fit	doesn't fit
Sell HTX live order book, 7 min ago	3.51 bp	9.5 bp −$10	18.9 bp −$189	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	−0.0010%	8h	85.490	+0.047%	$163K	$67K	20x	as long as short
Aster CRWVUSDT	0.0000%	8h	85.677	+0.266%	$37K	$33K	20x	as long as short
Extended CRWV-USD	0.0000%	1h	85.476	+0.031%	$19K	$301K	10x	as long as short
Binance CRWVUSDT	0.0000%	8h	85.480	+0.035%	$9.5M	$17.3M	25x	as long as short
OKX CRWV-USDT-SWAPlong	0.0000%	8h	85.450	long leg	$2.5M	$4.9M	25x
Gate CRWV_USDT	0.0000%	8h	85.510	+0.070%	$5.4M	$3.7M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	85.560	+0.129%	$1.9M	$2.1M	20x	as long as short
Variational Omni CRWV	0.0000%	8h	85.565	+0.135%	$312K	$299K	—	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	85.390	−0.070%	$2K	$192K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	85.450	0.000%	$1K	$4.5M	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-USDTshort	0.0000%	8h	84.990	−0.538%	$139K	$2K	20x
QFEX CRWV-USD	+0.0025%	1h	85.500	+0.059%	$1.3M	$2.5M	10x	as long as short
Lighter CRWV	+0.0032%	1h	85.550	+0.117%	$102K	$29K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	85.480	+0.035%	$415K	$355K	10x	as long as short
Arcus CRWV-USD	+0.0040%	1h	85.480	+0.035%	$64K	$78K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	85.540	+0.105%	—	$156K	10x	as long as short
Polymarket Perps CRWV-USD	+0.0050%	1h	85.471	+0.025%	$85K	$298K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	85.360	−0.105%	$321K	$147K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0058%	1h	85.473	+0.027%	$9.4M	$8.0M	10x	as long as short
Phoenix CRWV	+0.0093%	1h	85.540	+0.105%	$1K	$45K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	85.420	−0.035%	$361K	$518K	20x	as long as short
Bybit CRWVUSDT	+0.0115%	8h	85.520	+0.082%	$2.1M	$1.1M	25x	as long as short
edgeX CRWVUSDC	+0.0522%	4h	85.537	+0.102%	$88K	$204K	10x	as long as short