Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0245%/8h= −26.9% APRpaid last 24h −0.016%

Price spread now: Arcus against Bybit−0.081%7-day average — · you buy dearer than you sell

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

Long on Bybit Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Arcus is 0.081% cheaper against Bybit than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit CRWVUSDT	85.900	0.0286	pay 0.0286% / 8h	5h 46m	$2.2M	$1.1M	25x
Short	Arcus CRWV-USD	85.830	0.0040	get 0.0005% / 1h	46m 39s	$64K	$79K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Bybit. 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 BybitbpFee ArcusbpOrdersPrice spread, now −0.081%Rate

Funding earned: −$51.5
Price spread: −0.081% → 0.000%: −$8.15
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$75.15
Costs to cover: 0.155%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 5 min ago; Arcus: 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 Bybit live order book, 5 min ago	2.33 bp	18.0 bp −$18	67.7 bp −$677	doesn't fit	doesn't fit
Sell Arcus no order-book sample	—	—	—	—	—

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 23 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
BloFin CRWV-USDT	−0.0029%	8h	85.870	−0.035%	—	$67K	20x	as long as short
Aster CRWVUSDT	0.0000%	8h	85.948	+0.056%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	85.900	0.000%	$2.6M	$4.6M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	85.870	−0.035%	$5.5M	$3.9M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	85.860	−0.047%	$2.1M	$2.0M	20x	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	85.935	+0.040%	$2K	$191K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	85.760	−0.163%	$1K	$4.7M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	85.930	+0.035%	$140K	$2K	20x	as long as short
Variational Omni CRWV	+0.0024%	8h	85.918	+0.021%	$314K	$309K	—	as long as short
Lighter CRWV	+0.0032%	1h	85.920	+0.023%	$104K	$29K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH CRWV	+0.0032%	1h	85.860	−0.047%	$418K	$352K	10x	as long as short
QFEX CRWV-USD	+0.0032%	1h	85.860	−0.047%	$1.4M	$2.8M	10x	as long as short
Arcus CRWV-USDshort	+0.0040%	1h	85.830	−0.081%	$64K	$79K	10x
Vest CRWV-USD-PERP	+0.0046%	1h	85.870	−0.035%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	85.700	−0.233%	$331K	$132K	10x	as long as short
Binance CRWVUSDT	+0.0095%	8h	85.866	−0.039%	$9.6M	$17.1M	25x	as long as short
Extended CRWV-USD	+0.0096%	1h	85.845	−0.064%	$14K	$309K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	85.820	−0.093%	$363K	$530K	20x	as long as short
tradeXYZ xyz:CRWV	+0.0121%	1h	85.834	−0.077%	$9.7M	$8.2M	10x	as long as short
Phoenix CRWV	+0.0187%	1h	85.870	−0.035%	$1K	$46K	10x	as long as short
Polymarket Perps CRWV-USD	+0.0215%	1h	85.865	−0.041%	$84K	$289K	10x	as long as short
Bybit CRWVUSDTlong	+0.0286%	8h	85.900	long leg	$2.2M	$1.1M	25x
edgeX CRWVUSDC	+0.0801%	4h	85.876	−0.028%	$88K	$202K	10x	as long as short