Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0015%/8h= +1.6% APRpaid last 24h +0.057%

Price spread now: edgeX against Arcus−0.054%54s7-day average — · you buy dearer than you sell

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

Long on Arcus Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding pays, the price is against you. edgeX is 0.054% cheaper against Arcus than usual: you would sell low and buy high (spread −0.054% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 12 days of funding at the current rate ($0 a day). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus CRWV-USD	85.820	0.0040	pay 0.0005% / 1h	13m 52s	$64K	$79K	10x
Short	edgeX CRWVUSDC	85.773	0.0055	get 0.0028% / 4h	2h 13m	$88K	$202K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Arcus. 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 ArcusbpFee edgeXbpOrdersPrice spread, now −0.054%Rate

Funding earned: $3.15
Price spread: −0.054% → 0.000%: −$5.43
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$15.78
Costs to cover: 0.135%
Break-even: 42.0 days

Slippage unknown: Arcus: no order-book sample; edgeX: live order book, 53 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 Arcus no order-book sample	—	—	—	—	—
Sell edgeX live order book, 53 min ago	6.36 bp	12.6 bp −$13	39.4 bp −$394	doesn't fit	doesn't fit

Arcus: 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 22 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	86.014	+0.226%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	85.880	+0.070%	$2.6M	$4.6M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	85.900	+0.093%	$5.5M	$4.0M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	85.890	+0.082%	$2.2M	$1.9M	20x	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	85.835	+0.017%	$2K	$191K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	85.810	−0.012%	$1K	$4.8M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	85.950	+0.151%	$140K	$2K	20x	as long as short
QFEX CRWV-USD	+0.0018%	1h	85.870	+0.058%	$1.3M	$2.8M	10x	as long as short
Lighter CRWV	+0.0032%	1h	85.910	+0.105%	$104K	$30K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	85.860	+0.047%	$418K	$357K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni CRWV	+0.0036%	8h	85.854	+0.040%	$313K	$309K	—	as long as short
Arcus CRWV-USDlong	+0.0040%	1h	85.820	long leg	$64K	$79K	10x
Vest CRWV-USD-PERP	+0.0046%	1h	85.920	+0.117%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	85.840	+0.023%	$332K	$133K	10x	as long as short
edgeX CRWVUSDCshort	+0.0055%	4h	85.773	−0.054%	$88K	$202K	10x
KuCoin CRWVUSDTM	+0.0100%	8h	85.870	+0.058%	$364K	$528K	20x	as long as short
Extended CRWV-USD	+0.0104%	1h	85.849	+0.033%	$16K	$312K	10x	as long as short
Binance CRWVUSDT	+0.0106%	8h	85.880	+0.069%	$9.6M	$17.3M	25x	as long as short
tradeXYZ xyz:CRWV	+0.0173%	1h	85.824	+0.005%	$9.7M	$8.2M	10x	as long as short
Phoenix CRWV	+0.0278%	1h	85.830	+0.012%	$1K	$46K	10x	as long as short
Bybit CRWVUSDT	+0.0320%	8h	85.890	+0.082%	$2.2M	$1.2M	25x	as long as short
Polymarket Perps CRWV-USD	+0.0594%	1h	85.936	+0.135%	$84K	$288K	10x	as long as short