Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0263%/8h= −28.8% APRpaid last 24h −0.037%

Price spread now: Binance against Polymarket Perps−0.037%7-day average +0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$370.366% of the position

Long on Polymarket Perps Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.213%−$21 on $10k

Price spread, last 2 days (all we have)+0.006%+$1 · spread now −0.037%, 7d avg +0.014%

Together, before fees−0.206%−$21 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Binance is 0.052% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.014%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps CRWV-USD	85.712	0.0263	pay 0.0033% / 1h	3m 21s	$68K	$193K	10x
Short	Binance CRWVUSDT	85.680	0	get 0.0000% / 8h	2h 03m	$9.7M	$18.3M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Polymarket 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 Polymarket PerpsbpFee BinancebpOrdersPrice spread, now −0.037%Rate

Funding earned: −$55.32
Price spread: −0.037% → +0.014%: −$5.16
Slippage, 4 orders: −$18.6
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$97.09
Costs to cover: 0.366%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 18 min ago; Binance: 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 Polymarket Perps live order book, 18 min ago	3.44 bp	7.4 bp −$7	7.9 bp −$79	doesn't fit	doesn't fit
Sell Binance live order book, 7 min ago	1.17 bp	10.0 bp −$10	14.7 bp −$147	91.1 bp −$9,114	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	85.676	−0.042%	$37K	$35K	20x	as long as short
Extended CRWV-USD	0.0000%	1h	85.676	−0.042%	$14K	$228K	10x	as long as short
Binance CRWVUSDTshort	0.0000%	8h	85.680	−0.037%	$9.7M	$18.3M	25x
OKX CRWV-USDT-SWAP	0.0000%	8h	85.740	+0.033%	$2.7M	$4.6M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	85.670	−0.049%	$5.5M	$4.2M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	85.680	−0.037%	$2.2M	$2.0M	20x	as long as short
Variational Omni CRWV	0.0000%	8h	85.731	+0.022%	$313K	$396K	—	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	85.711	−0.001%	$2K	$222K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	85.590	−0.142%	$1K	$5.4M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	85.760	+0.056%	$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	+0.0018%	8h	85.760	+0.056%	$171K	$68K	20x	as long as short
Lighter CRWV	+0.0032%	1h	85.730	+0.021%	$104K	$32K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	85.660	−0.061%	$421K	$474K	10x	as long as short
QFEX CRWV-USD	+0.0032%	1h	85.690	−0.026%	$1.3M	$3.2M	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	85.660	−0.061%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	85.520	−0.224%	$331K	$215K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0085%	1h	85.635	−0.090%	$9.6M	$7.7M	10x	as long as short
Phoenix CRWV	+0.0093%	1h	85.690	−0.026%	$1K	$44K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	85.640	−0.084%	$362K	$518K	20x	as long as short
Bybit CRWVUSDT	+0.0120%	8h	85.690	−0.026%	$2.2M	$1.3M	25x	as long as short
Polymarket Perps CRWV-USDlong	+0.0263%	1h	85.712	long leg	$68K	$193K	10x
Arcus CRWV-USD	+0.0402%	1h	85.670	−0.049%	$61K	$76K	10x	as long as short
edgeX CRWVUSDC	+0.0479%	4h	85.730	+0.020%	$89K	$200K	10x	as long as short