Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.042%

Price spread now: Ondo Perps against Bitget−0.071%7-day average −0.152% · you buy dearer than you sell

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

Long on Bitget Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.074%+$7 on $10k

Price spread, last 4 days (all we have)−0.014%−$1 · spread now −0.071%, 7d avg −0.152%

Together, before fees+0.060%+ Points / potential airdropOndo Perps: Active · farm board+$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.081% dearer against Bitget than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.152%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget CRWVUSDT	85.070	0	get 0.0000% / 8h	4h 44m	$2.1M	$2.2M	20x
Short	Ondo Perps CRWV-USD.P	85.010	0.0050	get 0.0006% / 1h	44m 05s	$230K	$264K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Bitget. 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 BitgetbpFee Ondo PerpsbpOrdersPrice spread, now −0.071%Rate

Funding earned: $10.58
Price spread: −0.071% → −0.152%: $8.12
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $1.7
Costs to cover: 0.170%
Break-even: 5.9 days

Slippage unknown: Bitget: live order book, 1 min ago; Ondo Perps: no order-book sample. 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 Bitget live order book, 1 min ago	1.76 bp	9.5 bp −$9	42.1 bp −$421	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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 exchanges

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	−0.0008%	8h	85.050	−0.024%	$153K	$63K	20x	as long as short
Aster CRWVUSDT	0.0000%	8h	85.028	−0.049%	$37K	$33K	20x	as long as short
Extended CRWV-USD	0.0000%	1h	84.982	−0.104%	$15K	$279K	10x	as long as short
Binance CRWVUSDT	0.0000%	8h	85.010	−0.071%	$8.3M	$23.0M	25x	as long as short
Bybit CRWVUSDT	0.0000%	8h	85.000	−0.082%	$1.9M	$1.3M	25x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	84.950	−0.141%	$2.2M	$5.5M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	85.000	−0.082%	$5.2M	$4.6M	50x	as long as short
Bitget CRWVUSDTlong	0.0000%	8h	85.070	long leg	$2.1M	$2.2M	20x
Variational Omni CRWV	0.0000%	8h	85.023	−0.055%	$322K	$267K	—	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	85.130	+0.071%	$2K	$166K	10x	as long as short

Show all 23 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX CRWV-USDT	0.0000%	8h	85.000	−0.082%	$1K	$3.9M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	85.110	+0.047%	$132K	$17K	20x	as long as short
QFEX CRWV-USD	+0.0001%	1h	84.990	−0.094%	$1.3M	$2.5M	10x	as long as short
Lighter CRWV	+0.0032%	1h	84.940	−0.153%	$103K	$36K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	84.990	−0.094%	$355K	$501K	10x	as long as short
Arcus CRWV-USD	+0.0040%	1h	84.950	−0.141%	$62K	$64K	10x	as long as short
Polymarket Perps CRWV-USD	+0.0042%	1h	84.911	−0.187%	$85K	$259K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	85.090	+0.024%	—	$198K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0050%	1h	84.968	−0.120%	$9.1M	$8.4M	10x	as long as short
Ondo Perps CRWV-USD.Pshort	+0.0050%	1h	85.010	−0.071%	$230K	$264K	10x
Phoenix CRWV	+0.0094%	1h	84.990	−0.094%	$1K	$43K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	84.970	−0.118%	$352K	$737K	20x	as long as short
edgeX CRWVUSDC	+0.0874%	4h	84.994	−0.089%	$87K	$208K	10x	as long as short