Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.019%

Price spread now: Bitget against tradeXYZ+0.058%7-day average +0.132% · you sell dearer than you buy

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$470.467% of the position

Long on tradeXYZ Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.057%−$6 on $10k

Price spread, last 7 days+0.044%+$4 · spread now +0.058%, 7d avg +0.132%

Together, before fees−0.013%+ Points / potential airdroptradeXYZ: Active · farm board−$1 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 Bitget is 0.074% cheaper against tradeXYZ than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.132%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:CRWV	86.070	0.0050	pay 0.0006% / 1h	1m 21s	$9.7M	$7.9M	10x
Short	Bitget CRWVUSDT	86.120	0	get 0.0000% / 8h	5h 01m	$2.0M	$2.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.058%Rate

Funding earned: −$10.5
Price spread: +0.058% → +0.132%: −$7.36
Slippage, 4 orders: −$16.71
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$64.57
Costs to cover: 0.467%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 7 min ago; Bitget: live order book, 1 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, 7 min ago	0.47 bp	9.9 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	2.90 bp	11.0 bp −$11	120.6 bp −$1,206	doesn't fit	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	−0.0022%	8h	86.130	+0.070%	$166K	$67K	20x	as long as short
Aster CRWVUSDT	0.0000%	8h	86.228	+0.184%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	86.140	+0.081%	$2.5M	$4.8M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	86.130	+0.070%	$5.5M	$3.9M	50x	as long as short
Bitget CRWVUSDTshort	0.0000%	8h	86.120	+0.058%	$2.0M	$2.0M	20x
Variational Omni CRWV	0.0000%	8h	86.013	−0.066%	$314K	$299K	—	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	86.080	+0.012%	$2K	$192K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	86.070	0.000%	$1K	$4.6M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	86.170	+0.116%	$141K	$2K	20x	as long as short
Lighter CRWV	+0.0032%	1h	86.150	+0.093%	$103K	$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	86.100	+0.035%	$419K	$353K	10x	as long as short
Extended CRWV-USD	+0.0032%	1h	86.117	+0.055%	$17K	$307K	10x	as long as short
QFEX CRWV-USD	+0.0032%	1h	86.110	+0.046%	$1.4M	$2.7M	10x	as long as short
Binance CRWVUSDT	+0.0035%	8h	86.130	+0.070%	$9.6M	$17.0M	25x	as long as short
Arcus CRWV-USD	+0.0040%	1h	86.060	−0.012%	$64K	$79K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	86.200	+0.151%	—	$156K	10x	as long as short
tradeXYZ xyz:CRWVlong	+0.0050%	1h	86.070	long leg	$9.7M	$7.9M	10x
Ondo Perps CRWV-USD.P	+0.0050%	1h	85.970	−0.116%	$330K	$138K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	86.090	+0.023%	$364K	$520K	20x	as long as short
Polymarket Perps CRWV-USD	+0.0119%	1h	86.124	+0.063%	$85K	$289K	10x	as long as short
Bybit CRWVUSDT	+0.0160%	8h	86.160	+0.105%	$2.2M	$1.2M	25x	as long as short
Phoenix CRWV	+0.0187%	1h	86.070	0.000%	$1K	$46K	10x	as long as short
edgeX CRWVUSDC	+0.0898%	4h	86.060	−0.011%	$89K	$203K	10x	as long as short