Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.039%

Price spread now: Bitget against Polymarket Perps+0.026%7-day average +0.077% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$410.413% of the position

Long on Polymarket Perps Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.244%−$24 on $10k

Price spread, last 4 days (all we have)−0.275%−$27 · spread now +0.026%, 7d avg +0.077%

Together, before fees−0.518%−$52 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.051% 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 +0.077%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps CRWV-USD	85.918	0.0050	pay 0.0006% / 1h	42m 51s	$85K	$289K	10x
Short	Bitget CRWVUSDT	85.940	0	get 0.0000% / 8h	4h 42m	$1.9M	$2.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.026%Rate

Funding earned: −$10.5
Price spread: +0.026% → +0.077%: −$5.11
Slippage, 4 orders: −$21.31
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$56.92
Costs to cover: 0.413%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 14 min ago; Bitget: live order book, 4 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, 14 min ago	3.14 bp	7.5 bp −$8	8.0 bp −$80	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	2.33 bp	11.6 bp −$12	68.5 bp −$685	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	−0.0013%	8h	85.870	−0.056%	$165K	$67K	20x	as long as short
Aster CRWVUSDT	0.0000%	8h	86.040	+0.143%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	85.970	+0.061%	$2.5M	$4.8M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	85.930	+0.014%	$5.5M	$3.8M	50x	as long as short
Bitget CRWVUSDTshort	0.0000%	8h	85.940	+0.026%	$1.9M	$2.1M	20x
Variational Omni CRWV	0.0000%	8h	85.839	−0.092%	$313K	$299K	—	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	85.880	−0.044%	$2K	$192K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	85.870	−0.056%	$1K	$4.6M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	85.890	−0.033%	$140K	$2K	20x	as long as short
QFEX CRWV-USD	+0.0010%	1h	85.920	+0.002%	$1.3M	$2.7M	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance CRWVUSDT	+0.0016%	8h	85.920	+0.002%	$9.5M	$17.1M	25x	as long as short
Extended CRWV-USD	+0.0016%	1h	85.918	0.000%	$14K	$306K	10x	as long as short
Lighter CRWV	+0.0032%	1h	85.930	+0.014%	$103K	$32K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	85.880	−0.044%	$418K	$347K	10x	as long as short
Arcus CRWV-USD	+0.0040%	1h	85.850	−0.079%	$64K	$79K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	85.970	+0.061%	—	$156K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0050%	1h	85.870	−0.056%	$9.5M	$8.0M	10x	as long as short
Polymarket Perps CRWV-USDlong	+0.0050%	1h	85.918	long leg	$85K	$289K	10x
Ondo Perps CRWV-USD.P	+0.0050%	1h	85.740	−0.207%	$321K	$145K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	85.940	+0.026%	$363K	$520K	20x	as long as short
Bybit CRWVUSDT	+0.0153%	8h	85.950	+0.037%	$2.2M	$1.2M	25x	as long as short
edgeX CRWVUSDC	+0.0180%	4h	85.845	−0.085%	$88K	$203K	10x	as long as short
Phoenix CRWV	+0.0186%	1h	85.840	−0.091%	$1K	$46K	10x	as long as short