Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0011%/8h= −1.2% APRpaid last 24h −0.006%

Price spread now: Binance against tradeXYZ+0.035%7-day average +0.060% · you sell dearer than you buy

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$430.428% of the position

Long on tradeXYZ Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.033%−$3 on $10k

Price spread, last 2 days (all we have)+0.039%+$4 · spread now +0.035%, 7d avg +0.060%

Together, before fees+0.006%+ Points / potential airdroptradeXYZ: Active · farm board+$1 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Binance is 0.025% cheaper against tradeXYZ than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.060%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:CRWV	86.428	0.0154	pay 0.0019% / 1h	22m 52s	$9.7M	$7.6M	10x
Short	Binance CRWVUSDT	86.458	0.0142	get 0.0142% / 8h	7h 22m	$9.7M	$17.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.035%Rate

Funding earned: −$2.34
Price spread: +0.035% → +0.060%: −$2.53
Slippage, 4 orders: −$14.8
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Binance: 5 bp × 2 orders: −$10
Net: −$47.67
Costs to cover: 0.428%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 6 min ago; Binance: live order book, 3 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 tradeXYZ live order book, 6 min ago	0.29 bp	12.8 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 3 min ago	1.16 bp	9.9 bp −$10	20.3 bp −$203	80.7 bp −$8,065	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	−0.0023%	8h	86.600	+0.199%	$171K	$68K	20x	as long as short
Aster CRWVUSDT	0.0000%	8h	86.560	+0.153%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	86.450	+0.025%	$2.7M	$4.6M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	86.460	+0.037%	$5.5M	$3.9M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	86.450	+0.025%	$2.3M	$1.9M	20x	as long as short
SunX CRWV-USDT	0.0000%	8h	86.350	−0.090%	$1K	$5.0M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	86.620	+0.222%	$142K	$2K	20x	as long as short
QFEX CRWV-USD	+0.0029%	1h	86.390	−0.044%	$1.3M	$3.1M	10x	as long as short
GRVT CRWV_USDT_Perp	+0.0031%	8h	86.570	+0.164%	$2K	$198K	10x	as long as short
Lighter CRWV	+0.0032%	1h	86.500	+0.083%	$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	86.430	+0.002%	$420K	$357K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	86.550	+0.141%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	86.380	−0.056%	$333K	$218K	10x	as long as short
Variational Omni CRWV	+0.0080%	8h	86.556	+0.148%	$316K	$391K	—	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	86.430	+0.002%	$366K	$512K	20x	as long as short
Binance CRWVUSDTshort	+0.0142%	8h	86.458	+0.035%	$9.7M	$17.5M	25x
Extended CRWV-USD	+0.0144%	1h	86.410	−0.021%	$17K	$335K	10x	as long as short
tradeXYZ xyz:CRWVlong	+0.0154%	1h	86.428	long leg	$9.7M	$7.6M	10x
Bybit CRWVUSDT	+0.0233%	8h	86.470	+0.049%	$2.2M	$1.2M	25x	as long as short
Phoenix CRWV	+0.0278%	1h	86.560	+0.153%	$1K	$44K	10x	as long as short
Arcus CRWV-USD	+0.0340%	1h	86.440	+0.014%	$64K	$78K	10x	as long as short
Polymarket Perps CRWV-USD	+0.0377%	1h	86.504	+0.088%	$71K	$254K	10x	as long as short
edgeX CRWVUSDC	+0.0830%	4h	86.550	+0.141%	$89K	$201K	10x	as long as short