Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.023%

Price spread now: SunX against Ondo Perps+0.058%7-day average +0.049% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.122%−$12 on $10k

Price spread, last 3 days (all we have)−0.126%−$13 · spread now +0.058%, 7d avg +0.049%

Together, before fees−0.248%+ Points / potential airdropOndo Perps: Active · farm board−$25 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.049%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps CRWV-USD.P	85.840	0.0050	pay 0.0006% / 1h	40m 57s	$332K	$216K	10x
Short	SunX CRWV-USDT	85.890	0	get 0.0000% / 8h	40m 57s	$2K	$5.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Ondo Perps. 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 Ondo PerpsbpFee SunXbpOrdersPrice spread, now +0.058%Rate

Funding earned: −$10.58
Price spread: +0.058% → +0.049%: $0.97
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee SunX: 4 bp × 2 orders: −$8
Net: −$22.61
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; SunX: live order book, 8 min ago. Net counts fees only.

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 Ondo Perps no order-book sample	—	—	—	—	—
Sell SunX live order book, 8 min ago	500.90 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	86.017	+0.206%	$37K	$35K	20x	as long as short
Extended CRWV-USD	0.0000%	1h	85.981	+0.164%	$14K	$228K	10x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	86.000	+0.186%	$2.7M	$4.6M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	85.990	+0.175%	$5.5M	$3.9M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	86.000	+0.186%	$2.3M	$2.0M	20x	as long as short
Variational Omni CRWV	0.0000%	8h	86.039	+0.232%	$314K	$391K	—	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	86.010	+0.198%	$2K	$206K	10x	as long as short
SunX CRWV-USDTshort	0.0000%	8h	85.890	+0.058%	$2K	$5.3M	10x
HTX CRWV-USDT	0.0000%	8h	86.040	+0.233%	$141K	$2K	20x	as long as short
Binance CRWVUSDT	+0.0001%	8h	85.999	+0.185%	$9.6M	$18.1M	25x	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	+0.0013%	8h	85.990	+0.175%	$170K	$69K	20x	as long as short
Lighter CRWV	+0.0032%	1h	86.080	+0.280%	$104K	$32K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	86.000	+0.186%	$422K	$445K	10x	as long as short
QFEX CRWV-USD	+0.0037%	1h	85.970	+0.151%	$1.4M	$3.3M	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	86.040	+0.233%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.Plong	+0.0050%	1h	85.840	long leg	$332K	$216K	10x
KuCoin CRWVUSDTM	+0.0100%	8h	85.980	+0.163%	$364K	$517K	20x	as long as short
edgeX CRWVUSDC	+0.0181%	4h	86.043	+0.237%	$89K	$202K	10x	as long as short
Phoenix CRWV	+0.0186%	1h	86.010	+0.198%	$1K	$44K	10x	as long as short
Bybit CRWVUSDT	+0.0197%	8h	86.030	+0.221%	$2.2M	$1.2M	25x	as long as short
tradeXYZ xyz:CRWV	+0.0275%	1h	85.975	+0.157%	$9.6M	$7.6M	10x	as long as short
Polymarket Perps CRWV-USD	+0.0389%	1h	86.035	+0.227%	$66K	$198K	10x	as long as short
Arcus CRWV-USD	+0.0456%	1h	85.970	+0.151%	$61K	$76K	10x	as long as short