Settings8H · net · $10k
Funding arb · Price arb /

CRWV

RWAall CRWV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0043%/8h= +4.7% APRpaid last 24h +0.014%
Price spread now: Polymarket Perps against BloFin−0.105%45s7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$390.392% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.147%+$15 on $10k
Price spread, last 4 days (all we have)+0.116%+$12 · spread now −0.105%, 7d avg −0.056%
Together, before fees+0.263%+$26 on $10k · with fees, hour by hour
Funding pays, the price is against you. Polymarket Perps is 0.049% cheaper against BloFin than usual: you would sell low and buy high (spread −0.105% now, against its 7-day average of −0.056%). If the spread goes back, that is −$5 on $10k: about 3.8 days of funding at the current rate (+$1 a day). The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CRWV-USDT85.8100.0007pay 0.0007% / 8h4h 08m$164K$67K20x
ShortPolymarket Perps CRWV-USD85.7200.0050get 0.0006% / 1h8m 30s$84K$291K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against BloFin. 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

Funding earned
$9.02
Price spread: −0.105% → −0.056%
−$4.93
Slippage, 4 orders
−$19.24
Fee BloFin: 6 bp × 2 orders
−$12
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$35.15
Costs to cover
0.392%
Break-even
34.3 days
Slippage from BloFin: live order book, 21 min ago; Polymarket Perps: live order book, 49 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 21 min ago1.74 bp10.6 bp −$1115.3 bp −$153doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 49 min ago3.14 bp7.2 bp −$77.8 bp −$78doesn't fitdoesn't fit

CRWV on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster CRWVUSDT0.0000%8h85.860+0.059%$37K$33K20xas long as short
Extended CRWV-USD0.0000%1h85.726−0.098%$19K$307K10xas long as short
Binance CRWVUSDT0.0000%8h85.750−0.070%$9.5M$17.0M25xas long as short
OKX CRWV-USDT-SWAP0.0000%8h85.780−0.035%$2.5M$4.8M25xas long as short
Gate CRWV_USDT0.0000%8h85.770−0.047%$5.5M$3.8M50xas long as short
Bitget CRWVUSDT0.0000%8h85.750−0.070%$1.9M$2.1M20xas long as short
Variational Omni CRWV0.0000%8h85.764−0.053%$313K$299Kas long as short
GRVT CRWV_USDT_Perp0.0000%8h85.781−0.034%$2K$193K10xas long as short
SunX CRWV-USDT0.0000%8h85.730−0.093%$2K$4.5M10xas long as short
HTX CRWV-USDT0.0000%8h85.820+0.012%$140K$2K20xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin CRWV-USDTlong+0.0007%8h85.810long leg$164K$67K20x
QFEX CRWV-USD+0.0010%1h85.750−0.070%$1.3M$2.6M10xas long as short
Lighter CRWV+0.0032%1h85.780−0.035%$103K$32K10xas long as short
Lighter RH CRWV+0.0032%1h85.710−0.117%$419K$351K10xas long as short
Arcus CRWV-USD+0.0040%1h85.730−0.093%$64K$79K10xas long as short
Vest CRWV-USD-PERP+0.0046%1h85.800−0.012%$156K10xas long as short
tradeXYZ xyz:CRWV+0.0050%1h85.722−0.103%$9.5M$8.0M10xas long as short
Polymarket Perps CRWV-USDshort+0.0050%1h85.720−0.105%$84K$291K10x
Ondo Perps CRWV-USD.P+0.0050%1h85.700−0.128%$322K$146K10xas long as short
KuCoin CRWVUSDTM+0.0100%8h85.720−0.105%$362K$520K20xas long as short
Bybit CRWVUSDT+0.0136%8h85.780−0.035%$2.2M$1.1M25xas long as short
Phoenix CRWV+0.0186%1h85.760−0.058%$1K$46K10xas long as short
edgeX CRWVUSDC+0.0392%4h85.754−0.065%$88K$202K10xas long as short