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+0.0021%/8h= +2.2% APRpaid last 24h −0.006%
Price spread now: tradeXYZ against BloFin−0.003%7-day average −0.106% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$460.465% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.039%−$4 on $10k
Price spread, last 4 days (all we have)+0.103%+$10 · spread now −0.003%, 7d avg −0.106%
Together, before fees+0.064%+ Points / potential airdroptradeXYZ: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and tradeXYZ is 0.102% dearer against BloFin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.106%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CRWV-USDT86.0600.0029pay 0.0029% / 8h4h 59m$165K$67K20x
ShorttradeXYZ xyz:CRWV86.0570.0050get 0.0006% / 1h59m 10s$9.6M$7.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$4.31
Price spread: −0.003% → −0.106%
$10.23
Slippage, 4 orders
−$16.46
Fee BloFin: 6 bp × 2 orders
−$12
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$31.92
Costs to cover
0.465%
Break-even
58.9 days
Slippage from BloFin: live order book, 38 min ago; tradeXYZ: live order book, 9 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, 38 min ago0.58 bp12.9 bp −$1324.7 bp −$247doesn't fitdoesn't fit
Sell tradeXYZ live order book, 9 min ago0.47 bp10.5 bp −$11doesn't fitdoesn'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%8h86.203+0.166%$37K$35K20xas long as short
OKX CRWV-USDT-SWAP0.0000%8h86.080+0.023%$2.5M$4.8M25xas long as short
Gate CRWV_USDT0.0000%8h86.120+0.070%$5.5M$3.7M50xas long as short
Bitget CRWVUSDT0.0000%8h86.100+0.046%$2.0M$2.1M20xas long as short
Variational Omni CRWV0.0000%8h86.123+0.073%$314K$299Kas long as short
GRVT CRWV_USDT_Perp0.0000%8h86.129+0.080%$2K$191K10xas long as short
SunX CRWV-USDT0.0000%8h86.040−0.023%$1K$4.6M10xas long as short
HTX CRWV-USDT0.0000%8h86.170+0.128%$141K$2K20xas long as short
BloFin CRWV-USDTlong+0.0029%8h86.060long leg$165K$67K20x
Lighter CRWV+0.0032%1h86.160+0.116%$103K$32K10xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH CRWV+0.0032%1h86.120+0.070%$419K$347K10xas long as short
Extended CRWV-USD+0.0032%1h86.065+0.006%$17K$307K10xas long as short
QFEX CRWV-USD+0.0032%1h86.080+0.023%$1.4M$2.7M10xas long as short
Binance CRWVUSDT+0.0034%8h86.100+0.046%$9.6M$17.1M25xas long as short
Arcus CRWV-USD+0.0040%1h86.0600.000%$64K$79K10xas long as short
Vest CRWV-USD-PERP+0.0046%1h86.160+0.116%$156K10xas long as short
tradeXYZ xyz:CRWVshort+0.0050%1h86.057−0.003%$9.6M$7.9M10x
Polymarket Perps CRWV-USD+0.0050%1h86.103+0.050%$85K$289K10xas long as short
Ondo Perps CRWV-USD.P+0.0050%1h85.980−0.093%$330K$146K10xas long as short
KuCoin CRWVUSDTM+0.0100%8h86.080+0.023%$364K$519K20xas long as short
Bybit CRWVUSDT+0.0151%8h86.150+0.105%$2.2M$1.2M25xas long as short
Phoenix CRWV+0.0187%1h86.070+0.012%$1K$45K10xas long as short
edgeX CRWVUSDC+0.0391%4h86.123+0.073%$89K$203K10xas long as short