Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0268%/8h= −29.3% APRpaid last 24h +0.087%

Price spread now: Gate against tradeXYZ+0.022%7-day average +0.108% · you sell dearer than you buy

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$530.529% of the position

Long on tradeXYZ Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.246%+$25 on $10k

Price spread, last 7 days+0.054%+$5 · spread now +0.022%, 7d avg +0.108%

Together, before fees+0.300%+ Points / potential airdroptradeXYZ: Active · farm board+$30 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Gate is 0.086% cheaper against tradeXYZ than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.108%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.246%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:CRWV	86.001	0.0268	pay 0.0033% / 1h	36m 22s	$9.6M	$7.6M	10x
Short	Gate CRWV_USDT	86.020	0	get 0.0000% / 8h	36m 22s	$5.5M	$3.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.022%Rate

Funding earned: −$56.27
Price spread: +0.022% → +0.108%: −$8.61
Slippage, 4 orders: −$19.89
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$117.78
Costs to cover: 0.529%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 2 min ago; Gate: live order book, 2 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, 2 min ago	0.12 bp	12.3 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	3.49 bp	16.3 bp −$16	37.0 bp −$370	71.9 bp −$7,188	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
Aster CRWVUSDT	0.0000%	8h	86.068	+0.078%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	86.050	+0.057%	$2.7M	$4.6M	25x	as long as short
Gate CRWV_USDTshort	0.0000%	8h	86.020	+0.022%	$5.5M	$3.9M	50x
Bitget CRWVUSDT	0.0000%	8h	86.020	+0.022%	$2.3M	$2.0M	20x	as long as short
Variational Omni CRWV	0.0000%	8h	86.025	+0.028%	$314K	$391K	—	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	86.019	+0.021%	$2K	$206K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	85.940	−0.071%	$1K	$5.3M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	86.020	+0.022%	$141K	$2K	20x	as long as short
Extended CRWV-USD	+0.0008%	1h	86.015	+0.017%	$14K	$228K	10x	as long as short
Binance CRWVUSDT	+0.0008%	8h	86.030	+0.034%	$9.6M	$18.1M	25x	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	+0.0019%	8h	86.060	+0.069%	$171K	$69K	20x	as long as short
Lighter CRWV	+0.0032%	1h	86.110	+0.127%	$104K	$32K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	86.020	+0.022%	$422K	$445K	10x	as long as short
QFEX CRWV-USD	+0.0037%	1h	86.000	−0.001%	$1.4M	$3.3M	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	86.090	+0.103%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	85.950	−0.059%	$332K	$216K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	85.960	−0.048%	$364K	$519K	20x	as long as short
Phoenix CRWV	+0.0186%	1h	86.040	+0.045%	$1K	$44K	10x	as long as short
Bybit CRWVUSDT	+0.0205%	8h	86.050	+0.057%	$2.2M	$1.2M	25x	as long as short
tradeXYZ xyz:CRWVlong	+0.0268%	1h	86.001	long leg	$9.6M	$7.6M	10x
Polymarket Perps CRWV-USD	+0.0381%	1h	86.072	+0.083%	$66K	$198K	10x	as long as short
Arcus CRWV-USD	+0.0456%	1h	86.020	+0.022%	$61K	$76K	10x	as long as short
edgeX CRWVUSDC	+0.0905%	4h	86.007	+0.007%	$89K	$200K	10x	as long as short