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: Ondo Perps against SunX+0.023%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 SunX Short on Ondo Perps

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)+0.044%+$4 · spread now +0.023%, 7d avg −0.049%

Together, before fees+0.167%+ Points / potential airdropOndo Perps: Active · farm board+$17 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.072% dearer against SunX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.049%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX CRWV-USDT	86.270	0	get 0.0000% / 8h	19m 51s	$2K	$5.3M	10x
Short	Ondo Perps CRWV-USD.P	86.290	0.0050	get 0.0006% / 1h	19m 51s	$333K	$217K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against SunX. 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 SunXbpFee Ondo PerpsbpOrdersPrice spread, now +0.023%Rate

Funding earned: $10.58
Price spread: +0.023% → −0.049%: $7.17
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $4.76
Costs to cover: 0.130%
Break-even: 3.9 days

Slippage unknown: SunX: live order book, 9 min ago; Ondo Perps: no order-book sample. 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 SunX live order book, 9 min ago	500.96 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

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
BloFin CRWV-USDT	−0.0024%	8h	86.330	+0.070%	$171K	$69K	20x	as long as short
Aster CRWVUSDT	0.0000%	8h	86.486	+0.251%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	86.380	+0.128%	$2.7M	$4.6M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	86.360	+0.104%	$5.6M	$3.9M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	86.350	+0.093%	$2.3M	$2.0M	20x	as long as short
Variational Omni CRWV	0.0000%	8h	86.323	+0.062%	$315K	$391K	—	as long as short
SunX CRWV-USDTlong	0.0000%	8h	86.270	long leg	$2K	$5.3M	10x
HTX CRWV-USDT	0.0000%	8h	86.190	−0.093%	$141K	$2K	20x	as long as short
GRVT CRWV_USDT_Perp	+0.0029%	8h	86.212	−0.067%	$2K	$205K	10x	as long as short
Lighter CRWV	+0.0032%	1h	86.440	+0.197%	$105K	$32K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH CRWV	+0.0032%	1h	86.390	+0.139%	$424K	$445K	10x	as long as short
QFEX CRWV-USD	+0.0037%	1h	86.330	+0.070%	$1.4M	$3.3M	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	86.440	+0.197%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.Pshort	+0.0050%	1h	86.290	+0.023%	$333K	$217K	10x
Binance CRWVUSDT	+0.0054%	8h	86.381	+0.128%	$9.7M	$18.1M	25x	as long as short
Extended CRWV-USD	+0.0056%	1h	86.364	+0.109%	$14K	$228K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	86.280	+0.012%	$365K	$516K	20x	as long as short
Phoenix CRWV	+0.0186%	1h	86.340	+0.081%	$1K	$44K	10x	as long as short
Bybit CRWVUSDT	+0.0212%	8h	86.420	+0.174%	$2.2M	$1.2M	25x	as long as short
tradeXYZ xyz:CRWV	+0.0217%	1h	86.362	+0.107%	$9.6M	$7.6M	10x	as long as short
Polymarket Perps CRWV-USD	+0.0327%	1h	86.357	+0.101%	$66K	$198K	10x	as long as short
Arcus CRWV-USD	+0.0456%	1h	86.330	+0.070%	$62K	$76K	10x	as long as short
edgeX CRWVUSDC	+0.0845%	4h	86.202	−0.078%	$89K	$201K	10x	as long as short