Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0121%/8h= +13.3% APRpaid last 24h +0.026%

Price spread now: Polymarket Perps against Binance+0.037%7-day average −0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$11as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$330.332% of the position

Long on Binance Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.221%+$22 on $10k

Price spread, last 2 days (all we have)−0.064%−$6 · spread now +0.037%, 7d avg −0.004%

Together, before fees+0.157%+$16 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Polymarket Perps is 0.041% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance CRWVUSDT	85.840	0.0097	pay 0.0097% / 8h	5h 48m	$9.6M	$17.1M	25x
Short	Polymarket Perps CRWV-USD	85.872	0.0219	get 0.0027% / 1h	48m 21s	$84K	$289K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Binance. 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 BinancebpFee Polymarket PerpsbpOrdersPrice spread, now +0.037%Rate

Funding earned: $25.43
Price spread: +0.037% → −0.004%: $4.15
Slippage, 4 orders: −$15.23
Fee Binance: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$3.65
Costs to cover: 0.332%
Break-even: 8.0 days

Slippage from Binance: live order book, 7 min ago; Polymarket Perps: live order book, 14 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 Binance live order book, 7 min ago	1.75 bp	9.1 bp −$9	22.3 bp −$223	93.3 bp −$9,334	doesn't fit
Sell Polymarket Perps live order book, 14 min ago	2.56 bp	6.6 bp −$7	7.2 bp −$72	doesn't fit	doesn't fit

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	85.990	+0.174%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	85.850	+0.012%	$2.6M	$4.6M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	85.880	+0.047%	$5.5M	$3.9M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	85.860	+0.023%	$2.1M	$2.0M	20x	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	85.935	+0.110%	$2K	$191K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	85.760	−0.093%	$2K	$4.7M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	85.930	+0.105%	$140K	$2K	20x	as long as short
Variational Omni CRWV	+0.0024%	8h	85.918	+0.091%	$314K	$309K	—	as long as short
Lighter CRWV	+0.0032%	1h	85.920	+0.093%	$104K	$29K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	85.850	+0.012%	$417K	$352K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CRWV-USD	+0.0032%	1h	85.800	−0.047%	$1.3M	$2.8M	10x	as long as short
Arcus CRWV-USD	+0.0040%	1h	85.850	+0.012%	$64K	$79K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	85.890	+0.058%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	85.760	−0.093%	$331K	$132K	10x	as long as short
Extended CRWV-USD	+0.0096%	1h	85.817	−0.027%	$14K	$309K	10x	as long as short
Binance CRWVUSDTlong	+0.0097%	8h	85.840	long leg	$9.6M	$17.1M	25x
KuCoin CRWVUSDTM	+0.0100%	8h	85.840	0.000%	$363K	$531K	20x	as long as short
tradeXYZ xyz:CRWV	+0.0113%	1h	85.819	−0.024%	$9.7M	$8.2M	10x	as long as short
Phoenix CRWV	+0.0187%	1h	85.920	+0.093%	$1K	$46K	10x	as long as short
Polymarket Perps CRWV-USDshort	+0.0219%	1h	85.872	+0.037%	$84K	$289K	10x
Bybit CRWVUSDT	+0.0285%	8h	85.880	+0.047%	$2.2M	$1.1M	25x	as long as short
edgeX CRWVUSDC	+0.0702%	4h	85.912	+0.084%	$88K	$202K	10x	as long as short