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

CRWV

RWAall CRWV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.045%
Price spread now: HTX against Polymarket Perps−0.020%7-day average +0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$460.458% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.326%−$33 on $10k
Price spread, last 4 days (all we have)−0.116%−$12 · spread now −0.020%, 7d avg +0.082%
Together, before fees−0.442%−$44 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 HTX is 0.103% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.082%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps CRWV-USD83.6470.0050pay 0.0006% / 1h20m 52s$73K$237K10x
ShortHTX CRWV-USDT83.6300get 0.0000% / 8h7h 20m$131K$15K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$10.5
Price spread: −0.020% → +0.082%
−$10.26
Slippage, 4 orders
−$25.83
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$66.59
Costs to cover
0.458%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 76 min ago; HTX: live order book, 10 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, 76 min ago2.31 bp8.6 bp −$98.9 bp −$89doesn't fitdoesn't fit
Sell HTX live order book, 10 min ago3.60 bp16.4 bp −$1629.0 bp −$290doesn'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
Bitget CRWVUSDT−0.0238%8h83.850+0.243%$1.8M$1.9M20xas long as short
GRVT CRWV_USDT_Perp−0.0018%8h83.582−0.078%$2K$186K10xas long as short
BloFin CRWV-USDT−0.0017%8h83.700+0.063%$152K$62K20xas long as short
Aster CRWVUSDT0.0000%8h83.780+0.159%$36K$34K20xas long as short
Extended CRWV-USD0.0000%1h83.842+0.233%$16K$264K10xas long as short
Binance CRWVUSDT0.0000%8h83.840+0.231%$9.3M$19.5M25xas long as short
Bybit CRWVUSDT0.0000%8h83.850+0.243%$1.9M$1.3M25xas long as short
OKX CRWV-USDT-SWAP0.0000%8h83.860+0.255%$2.2M$5.5M25xas long as short
Gate CRWV_USDT0.0000%8h83.840+0.231%$5.2M$4.5M50xas long as short
Variational Omni CRWV0.0000%8h83.898+0.300%$294K$266Kas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX CRWV-USDT0.0000%8h83.880+0.279%$2K$4.1M10xas long as short
HTX CRWV-USDTshort0.0000%8h83.630−0.020%$131K$15K20x
Lighter CRWV+0.0032%1h83.780+0.159%$101K$37K10xas long as short
Lighter RH CRWV+0.0032%1h83.830+0.219%$373K$450K10xas long as short
QFEX CRWV-USD+0.0033%1h83.730+0.099%$1.3M$2.4M10xas long as short
Arcus CRWV-USD+0.0040%1h83.660+0.016%$61K$60K10xas long as short
Vest CRWV-USD-PERP+0.0046%1h83.670+0.027%$198K10xas long as short
tradeXYZ xyz:CRWV+0.0050%1h83.851+0.244%$9.1M$8.7M10xas long as short
Polymarket Perps CRWV-USDlong+0.0050%1h83.647long leg$73K$237K10x
Ondo Perps CRWV-USD.P+0.0050%1h83.350−0.355%$306K$166K10xas long as short
KuCoin CRWVUSDTM+0.0100%8h83.710+0.075%$351K$602K20xas long as short
Phoenix CRWV+0.0285%1h83.630−0.020%$2K$40K10xas long as short
edgeX CRWVUSDC+0.0952%4h83.554−0.111%$86K$203K10xas long as short