Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0056%/8h= −6.1% APRpaid last 24h −0.029%

Price spread now: Aster against tradeXYZ+0.220%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on tradeXYZ Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdroptradeXYZ: Active · Aster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.220% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.220% now, against zero (this spread has no 7-day history yet)): +$22 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 13 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:CRWV	85.480	0.0056	pay 0.0007% / 1h	42m 30s	$9.4M	$8.0M	10x
Short	Aster CRWVUSDT	85.668	0	get 0.0000% / 8h	3h 42m	$37K	$33K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against tradeXYZ. 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 tradeXYZbpFee AsterbpOrdersPrice spread, now +0.220%Rate

Funding earned: −$11.74
Price spread: +0.220% → 0.000%: $22.04
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Aster: 4 bp × 2 orders: −$8
Net: −$15.7
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 6 min ago; Aster: 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 tradeXYZ live order book, 6 min ago	0.64 bp	10.2 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: 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
Aster CRWVUSDTshort	0.0000%	8h	85.668	+0.220%	$37K	$33K	20x
Extended CRWV-USD	0.0000%	1h	85.470	−0.012%	$19K	$301K	10x	as long as short
Binance CRWVUSDT	0.0000%	8h	85.500	+0.023%	$9.4M	$17.3M	25x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	85.440	−0.047%	$2.5M	$4.9M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	85.510	+0.035%	$5.4M	$3.7M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	85.560	+0.094%	$1.9M	$2.1M	20x	as long as short
Variational Omni CRWV	0.0000%	8h	85.565	+0.099%	$312K	$299K	—	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	85.527	+0.056%	$2K	$192K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	85.430	−0.058%	$1K	$4.5M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	85.520	+0.047%	$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	+0.0006%	8h	85.490	+0.012%	$163K	$67K	20x	as long as short
QFEX CRWV-USD	+0.0025%	1h	85.500	+0.023%	$1.4M	$2.5M	10x	as long as short
Lighter CRWV	+0.0032%	1h	85.570	+0.105%	$102K	$29K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	85.480	0.000%	$415K	$355K	10x	as long as short
Arcus CRWV-USD	+0.0040%	1h	85.470	−0.012%	$64K	$78K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	85.530	+0.058%	—	$156K	10x	as long as short
Polymarket Perps CRWV-USD	+0.0050%	1h	85.476	−0.005%	$85K	$298K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	85.360	−0.140%	$321K	$147K	10x	as long as short
tradeXYZ xyz:CRWVlong	+0.0056%	1h	85.480	long leg	$9.4M	$8.0M	10x
Phoenix CRWV	+0.0093%	1h	85.540	+0.070%	$1K	$45K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	85.430	−0.058%	$362K	$518K	20x	as long as short
Bybit CRWVUSDT	+0.0111%	8h	85.530	+0.058%	$2.1M	$1.1M	25x	as long as short
edgeX CRWVUSDC	+0.0522%	4h	85.537	+0.067%	$88K	$204K	10x	as long as short