Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.097%

Price spread now: Bybit against Gate+0.012%7-day average −0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$73as in the Funding arb table

Net, price: spread back to 7d avg − costs−$67as in the Price arb table

costs, in and out, $10k−$690.691% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.040%−$4 on $10k

Price spread, last 7 days−0.026%−$3 · spread now +0.012%, 7d avg −0.008%

Together, before fees−0.065%−$7 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.020% dearer against Gate than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate CRWV_USDT	83.830	0	get 0.0000% / 8h	7h 21m	$5.2M	$4.5M	50x
Short	Bybit CRWVUSDT	83.840	0	get 0.0000% / 8h	7h 21m	$1.9M	$1.3M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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 GatebpFee BybitbpOrdersPrice spread, now +0.012%Rate

Funding earned: $0
Price spread: +0.012% → −0.008%: $2.04
Slippage, 4 orders: −$43.13
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$67.09
Costs to cover: 0.691%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; Bybit: live order book, 5 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 Gate live order book, 2 min ago	5.98 bp	16.8 bp −$17	42.8 bp −$428	76.8 bp −$7,676	doesn't fit
Sell Bybit live order book, 5 min ago	4.80 bp	14.2 bp −$14	69.6 bp −$696	doesn't fit	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
Bitget CRWVUSDT	−0.0238%	8h	83.880	+0.060%	$1.8M	$1.9M	20x	as long as short
GRVT CRWV_USDT_Perp	−0.0018%	8h	83.582	−0.296%	$2K	$186K	10x	as long as short
BloFin CRWV-USDT	−0.0017%	8h	83.700	−0.155%	$152K	$62K	20x	as long as short
Aster CRWVUSDT	0.0000%	8h	83.785	−0.053%	$36K	$34K	20x	as long as short
Extended CRWV-USD	0.0000%	1h	83.790	−0.048%	$16K	$264K	10x	as long as short
Binance CRWVUSDT	0.0000%	8h	83.861	+0.037%	$9.3M	$19.5M	25x	as long as short
Bybit CRWVUSDTshort	0.0000%	8h	83.840	+0.012%	$1.9M	$1.3M	25x
OKX CRWV-USDT-SWAP	0.0000%	8h	83.860	+0.036%	$2.2M	$5.5M	25x	as long as short
Gate CRWV_USDTlong	0.0000%	8h	83.830	long leg	$5.2M	$4.5M	50x
Variational Omni CRWV	0.0000%	8h	83.279	−0.658%	$291K	$264K	—	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX CRWV-USDT	0.0000%	8h	83.880	+0.060%	$2K	$4.1M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	83.630	−0.239%	$131K	$15K	20x	as long as short
Lighter CRWV	+0.0032%	1h	83.780	−0.060%	$101K	$37K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	83.830	0.000%	$373K	$450K	10x	as long as short
QFEX CRWV-USD	+0.0033%	1h	83.730	−0.119%	$1.3M	$2.4M	10x	as long as short
Arcus CRWV-USD	+0.0040%	1h	83.660	−0.203%	$61K	$60K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	83.670	−0.191%	—	$198K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0050%	1h	83.851	+0.025%	$9.1M	$8.7M	10x	as long as short
Polymarket Perps CRWV-USD	+0.0050%	1h	83.647	−0.218%	$73K	$237K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	83.350	−0.573%	$306K	$166K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	83.700	−0.155%	$351K	$601K	20x	as long as short
Phoenix CRWV	+0.0285%	1h	83.630	−0.239%	$2K	$40K	10x	as long as short
edgeX CRWVUSDC	+0.0952%	4h	83.554	−0.329%	$86K	$203K	10x	as long as short