Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0055%/8h= −6.0% APRpaid last 24h +0.031%

Price spread now: BloFin against Vest−0.069%7-day average +0.017% · you buy dearer than you sell

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

Long on Vest Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.013%+$1 on $10k

Price spread, last 3 days (all we have)−0.007%−$1 · spread now −0.069%, 7d avg +0.017%

Together, before fees+0.006%+ Points / potential airdropVest: 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 BloFin is 0.086% cheaper against Vest than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.017%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest CRWV-USD-PERP	86.520	0.0046	pay 0.0006% / 1h	14m 50s	—	$156K	10x
Short	BloFin CRWV-USDT	86.460	−0.0009	pay 0.0009% / 8h	14m 50s	$171K	$69K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Vest. 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 VestbpFee BloFinbpOrdersPrice spread, now −0.069%Rate

Funding earned: −$11.57
Price spread: −0.069% → +0.017%: −$8.61
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$34.18
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; BloFin: live order book, 47 min ago. 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 Vest no order-book sample	—	—	—	—	—
Sell BloFin live order book, 47 min ago	1.74 bp	10.5 bp −$11	19.6 bp −$196	doesn't fit	doesn't fit

Vest: 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-USDTshort	−0.0009%	8h	86.460	−0.069%	$171K	$69K	20x
Aster CRWVUSDT	0.0000%	8h	86.512	−0.009%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	86.450	−0.081%	$2.7M	$4.6M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	86.380	−0.162%	$5.6M	$4.0M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	86.360	−0.185%	$2.3M	$2.0M	20x	as long as short
Variational Omni CRWV	0.0000%	8h	86.392	−0.147%	$315K	$391K	—	as long as short
SunX CRWV-USDT	0.0000%	8h	86.280	−0.277%	$1K	$5.3M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	86.450	−0.081%	$141K	$2K	20x	as long as short
Lighter CRWV	+0.0032%	1h	86.440	−0.092%	$105K	$32K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	86.390	−0.150%	$424K	$445K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CRWV-USD	+0.0037%	1h	86.370	−0.173%	$1.4M	$3.3M	10x	as long as short
Vest CRWV-USD-PERPlong	+0.0046%	1h	86.520	long leg	—	$156K	10x
Ondo Perps CRWV-USD.P	+0.0050%	1h	86.340	−0.208%	$333K	$217K	10x	as long as short
GRVT CRWV_USDT_Perp	+0.0060%	8h	86.390	−0.150%	$2K	$205K	10x	as long as short
Extended CRWV-USD	+0.0080%	1h	86.362	−0.183%	$14K	$228K	10x	as long as short
Binance CRWVUSDT	+0.0083%	8h	86.360	−0.185%	$9.7M	$18.0M	25x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	86.350	−0.196%	$365K	$517K	20x	as long as short
Phoenix CRWV	+0.0186%	1h	86.420	−0.116%	$1K	$44K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0202%	1h	86.364	−0.180%	$9.6M	$7.6M	10x	as long as short
Bybit CRWVUSDT	+0.0212%	8h	86.430	−0.104%	$2.2M	$1.2M	25x	as long as short
Polymarket Perps CRWV-USD	+0.0319%	1h	86.438	−0.095%	$61K	$210K	10x	as long as short
edgeX CRWVUSDC	+0.0363%	4h	86.406	−0.132%	$89K	$202K	10x	as long as short
Arcus CRWV-USD	+0.0456%	1h	86.360	−0.185%	$62K	$76K	10x	as long as short