Settings8H · net · $10k
Funding arb · Price arb /

CRWV

RWAall CRWV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0270%/8h= −29.6% APRpaid last 24h −0.046%
Price spread now: GRVT against Polymarket Perps−0.012%63s7-day average +0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$420.424% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.213%−$21 on $10k
Price spread, last 3 days (all we have)−0.175%−$17 · spread now −0.012%, 7d avg +0.050%
Together, before fees−0.387%+ Points / potential airdropGRVT: Active · farm board−$39 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 GRVT is 0.063% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.050%). Swap the legs. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps CRWV-USD85.7220.0270pay 0.0034% / 1h59m 57s$68K$193K10x
ShortGRVT CRWV_USDT_Perp85.7110get 0.0000% / 8h1h 59m$2K$222K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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

Funding earned
−$56.75
Price spread: −0.012% → +0.050%
−$6.28
Slippage, 4 orders
−$25.38
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$105.41
Costs to cover
0.424%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 22 min ago; GRVT: live order book, 22 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 22 min ago3.44 bp7.4 bp −$77.9 bp −$79doesn't fitdoesn't fit
Sell GRVT live order book, 22 min ago2.92 bp12.8 bp −$1323.5 bp −$235doesn't fitdoesn't fit

CRWV on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin CRWV-USDT−0.0005%8h85.710−0.014%$171K$68K20xas long as short
Aster CRWVUSDT0.0000%8h85.689−0.039%$37K$35K20xas long as short
Extended CRWV-USD0.0000%1h85.670−0.061%$14K$228K10xas long as short
Binance CRWVUSDT0.0000%8h85.680−0.049%$9.7M$18.3M25xas long as short
OKX CRWV-USDT-SWAP0.0000%8h85.690−0.037%$2.7M$4.6M25xas long as short
Gate CRWV_USDT0.0000%8h85.660−0.072%$5.5M$4.2M50xas long as short
Bitget CRWVUSDT0.0000%8h85.670−0.061%$2.2M$2.0M20xas long as short
Variational Omni CRWV0.0000%8h85.682−0.047%$312K$396Kas long as short
GRVT CRWV_USDT_Perpshort0.0000%8h85.711−0.012%$2K$222K10x
SunX CRWV-USDT0.0000%8h85.580−0.166%$2K$5.4M10xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX CRWV-USDT0.0000%8h85.700−0.026%$140K$2K20xas long as short
Lighter CRWV+0.0032%1h85.740+0.021%$104K$32K10xas long as short
Lighter RH CRWV+0.0032%1h85.670−0.061%$421K$474K10xas long as short
QFEX CRWV-USD+0.0032%1h85.690−0.037%$1.3M$3.2M10xas long as short
Vest CRWV-USD-PERP+0.0046%1h85.710−0.014%$156K10xas long as short
Ondo Perps CRWV-USD.P+0.0050%1h85.520−0.236%$331K$215K10xas long as short
tradeXYZ xyz:CRWV+0.0088%1h85.640−0.096%$9.6M$7.7M10xas long as short
Phoenix CRWV+0.0093%1h85.630−0.107%$1K$44K10xas long as short
KuCoin CRWVUSDTM+0.0100%8h85.640−0.096%$362K$518K20xas long as short
Bybit CRWVUSDT+0.0126%8h85.690−0.037%$2.2M$1.3M25xas long as short
Polymarket Perps CRWV-USDlong+0.0270%1h85.722long leg$68K$193K10x
Arcus CRWV-USD+0.0402%1h85.680−0.049%$61K$76K10xas long as short
edgeX CRWVUSDC+0.0642%4h85.682−0.047%$88K$201K10xas long as short