Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0045%/8h= +4.9% APRpaid last 24h −0.103%

Price spread now: KuCoin against edgeX+0.113%68s7-day average −0.052% · you sell dearer than you buy

Net, funding: paid 7d − costs−$234as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$3063.059% of the position

Long on edgeX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.723%+$72 on $10k

Price spread, last 4 days (all we have)−0.427%−$43 · spread now +0.113%, 7d avg −0.052%

Together, before fees+0.296%+ Points / potential airdropedgeX: Active · farm board+$30 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 KuCoin is 0.164% dearer against edgeX than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.052%. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX CRWVUSDC	85.773	0.0055	pay 0.0028% / 4h	2h 14m	$88K	$202K	10x
Short	KuCoin CRWVUSDTM	85.870	0.0100	get 0.0100% / 8h	6h 14m	$364K	$528K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.113%Rate

Funding earned: $9.39
Price spread: +0.113% → −0.052%: $16.42
Slippage, 4 orders: −$284.86
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$280.05
Costs to cover: 3.059%
Break-even: 215.8 days

Slippage from edgeX: live order book, 52 min ago; KuCoin: live order book, 23 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, 52 min ago	6.36 bp	13.6 bp −$14	39.5 bp −$395	doesn't fit	doesn't fit
Sell KuCoin live order book, 23 min ago	9.91 bp	159.4 bp −$159	doesn't fit	doesn't fit	doesn't fit

CRWV on 22 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
Aster CRWVUSDT	0.0000%	8h	86.022	+0.290%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	85.880	+0.124%	$2.6M	$4.6M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	85.900	+0.148%	$5.5M	$4.0M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	85.890	+0.136%	$2.2M	$1.9M	20x	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	85.835	+0.072%	$2K	$191K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	85.790	+0.019%	$1K	$4.8M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	85.950	+0.206%	$140K	$2K	20x	as long as short
QFEX CRWV-USD	+0.0018%	1h	85.870	+0.113%	$1.3M	$2.8M	10x	as long as short
Lighter CRWV	+0.0032%	1h	85.900	+0.148%	$104K	$30K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	85.860	+0.101%	$418K	$357K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni CRWV	+0.0036%	8h	85.854	+0.094%	$313K	$309K	—	as long as short
Arcus CRWV-USD	+0.0040%	1h	85.820	+0.054%	$64K	$79K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	85.920	+0.171%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	85.840	+0.078%	$332K	$133K	10x	as long as short
edgeX CRWVUSDClong	+0.0055%	4h	85.773	long leg	$88K	$202K	10x
KuCoin CRWVUSDTMshort	+0.0100%	8h	85.870	+0.113%	$364K	$528K	20x
Extended CRWV-USD	+0.0104%	1h	85.849	+0.088%	$16K	$312K	10x	as long as short
Binance CRWVUSDT	+0.0106%	8h	85.870	+0.113%	$9.6M	$17.3M	25x	as long as short
tradeXYZ xyz:CRWV	+0.0174%	1h	85.826	+0.061%	$9.7M	$8.2M	10x	as long as short
Phoenix CRWV	+0.0278%	1h	85.830	+0.066%	$1K	$46K	10x	as long as short
Bybit CRWVUSDT	+0.0320%	8h	85.890	+0.136%	$2.2M	$1.2M	25x	as long as short
Polymarket Perps CRWV-USD	+0.0594%	1h	85.936	+0.190%	$84K	$288K	10x	as long as short