Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0744%/8h= −81.5% APRpaid last 24h −0.049%

Price spread now: Gate against edgeX+0.015%7-day average −0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs+$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$500.498% of the position

Long on edgeX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.894%+$89 on $10k

Price spread, last 3 days (all we have)−0.043%−$4 · spread now +0.015%, 7d avg −0.025%

Together, before fees+0.851%+ Points / potential airdropedgeX: Active · farm board+$85 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.039% dearer against edgeX than usual: you sell high and buy low (spread +0.015% now, against its 7-day average of −0.025%): +$4 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 4 hours. Mind the row above: over the last 7 days funding on this pair paid +0.894%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX CRWVUSDC	86.597	0.0744	pay 0.0372% / 4h	3h 47m	$89K	$201K	10x
Short	Gate CRWV_USDT	86.610	0	get 0.0000% / 8h	7h 47m	$5.6M	$3.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against edgeX. 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 edgeXbpFee GatebpOrdersPrice spread, now +0.015%Rate

Funding earned: −$156.22
Price spread: +0.015% → −0.025%: $3.95
Slippage, 4 orders: −$25.84
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$202.11
Costs to cover: 0.498%
Break-even: never at this rate

Slippage from edgeX: live order book, 25 min ago; Gate: live order book, 1 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 edgeX live order book, 25 min ago	5.21 bp	14.3 bp −$14	45.4 bp −$454	doesn't fit	doesn't fit
Sell Gate live order book, 1 min ago	4.04 bp	13.2 bp −$13	34.1 bp −$341	73.3 bp −$7,328	doesn't fit

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	−0.0002%	8h	86.660	+0.073%	$171K	$69K	20x	as long as short
Aster CRWVUSDT	0.0000%	8h	86.748	+0.174%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	86.650	+0.061%	$2.7M	$4.6M	25x	as long as short
Gate CRWV_USDTshort	0.0000%	8h	86.610	+0.015%	$5.6M	$3.9M	50x
Bitget CRWVUSDT	0.0000%	8h	86.630	+0.038%	$2.3M	$1.9M	20x	as long as short
SunX CRWV-USDT	0.0000%	8h	86.500	−0.112%	$2K	$5.2M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	86.650	+0.061%	$142K	$2K	20x	as long as short
QFEX CRWV-USD	+0.0029%	1h	86.570	−0.031%	$1.4M	$3.2M	10x	as long as short
Lighter CRWV	+0.0032%	1h	86.700	+0.119%	$105K	$32K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	86.620	+0.026%	$422K	$354K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest CRWV-USD-PERP	+0.0046%	1h	86.730	+0.153%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	86.520	−0.089%	$334K	$219K	10x	as long as short
Variational Omni CRWV	+0.0060%	8h	86.472	−0.145%	$316K	$391K	—	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	86.560	−0.043%	$366K	$514K	20x	as long as short
Binance CRWVUSDT	+0.0142%	8h	86.621	+0.027%	$9.7M	$18.0M	25x	as long as short
Extended CRWV-USD	+0.0144%	1h	86.595	−0.002%	$15K	$246K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0154%	1h	86.611	+0.016%	$9.8M	$7.6M	10x	as long as short
GRVT CRWV_USDT_Perp	+0.0216%	8h	86.590	−0.008%	$3K	$199K	10x	as long as short
Bybit CRWVUSDT	+0.0237%	8h	86.630	+0.038%	$2.2M	$1.2M	25x	as long as short
Phoenix CRWV	+0.0278%	1h	86.490	−0.124%	$1K	$44K	10x	as long as short
Polymarket Perps CRWV-USD	+0.0332%	1h	86.644	+0.054%	$71K	$254K	10x	as long as short
Arcus CRWV-USD	+0.0340%	1h	86.510	−0.101%	$64K	$79K	10x	as long as short
edgeX CRWVUSDClong	+0.0744%	4h	86.597	long leg	$89K	$201K	10x