Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0363%/8h= +39.7% APRpaid last 24h +0.046%

Price spread now: edgeX against Gate+0.076%82s7-day average +0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$147as 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−$560.561% of the position

Long on Gate Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.911%−$91 on $10k

Price spread, last 3 days (all we have)−0.049%−$5 · spread now +0.076%, 7d avg +0.025%

Together, before fees−0.960%+ Points / potential airdropedgeX: Active · farm board−$96 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and edgeX is 0.051% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.025%. Mind the row above: over the last 7 days funding on this pair cost −0.911%, so the current rate has only just turned in your favour. The two prices were read 82 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	Gate CRWV_USDT	86.340	0	get 0.0000% / 8h	14m 08s	$5.6M	$4.0M	50x
Short	edgeX CRWVUSDC	86.406	0.0363	get 0.0181% / 4h	14m 08s	$89K	$202K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.076%Rate

Funding earned: $76.21
Price spread: +0.076% → +0.025%: $5.1
Slippage, 4 orders: −$32.06
Fee Gate: 7.5 bp × 2 orders: −$15
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $25.26
Costs to cover: 0.561%
Break-even: 4.7 days

Slippage from Gate: live order book, 4 min ago; edgeX: live order book, 63 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, 4 min ago	3.47 bp	18.2 bp −$18	55.6 bp −$556	84.7 bp −$8,471	doesn't fit
Sell edgeX live order book, 63 min ago	4.66 bp	10.9 bp −$11	39.2 bp −$392	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
BloFin CRWV-USDT	−0.0009%	8h	86.460	+0.139%	$171K	$69K	20x	as long as short
Aster CRWVUSDT	0.0000%	8h	86.499	+0.185%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	86.370	+0.035%	$2.7M	$4.6M	25x	as long as short
Gate CRWV_USDTlong	0.0000%	8h	86.340	long leg	$5.6M	$4.0M	50x
Bitget CRWVUSDT	0.0000%	8h	86.330	−0.012%	$2.3M	$2.0M	20x	as long as short
Variational Omni CRWV	0.0000%	8h	86.392	+0.061%	$315K	$391K	—	as long as short
SunX CRWV-USDT	0.0000%	8h	86.250	−0.104%	$1K	$5.3M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	86.450	+0.127%	$141K	$2K	20x	as long as short
Lighter CRWV	+0.0032%	1h	86.430	+0.104%	$105K	$32K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	86.350	+0.012%	$424K	$445K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CRWV-USD	+0.0037%	1h	86.330	−0.012%	$1.4M	$3.3M	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	86.460	+0.139%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	86.340	0.000%	$333K	$217K	10x	as long as short
GRVT CRWV_USDT_Perp	+0.0060%	8h	86.390	+0.058%	$2K	$205K	10x	as long as short
Binance CRWVUSDT	+0.0088%	8h	86.330	−0.012%	$9.7M	$18.0M	25x	as long as short
Extended CRWV-USD	+0.0088%	1h	86.314	−0.030%	$14K	$228K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	86.350	+0.012%	$365K	$517K	20x	as long as short
Phoenix CRWV	+0.0186%	1h	86.420	+0.093%	$1K	$44K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0197%	1h	86.291	−0.057%	$9.6M	$7.6M	10x	as long as short
Bybit CRWVUSDT	+0.0210%	8h	86.390	+0.058%	$2.2M	$1.2M	25x	as long as short
Polymarket Perps CRWV-USD	+0.0314%	1h	86.396	+0.065%	$61K	$210K	10x	as long as short
edgeX CRWVUSDCshort	+0.0363%	4h	86.406	+0.076%	$89K	$202K	10x
Arcus CRWV-USD	+0.0456%	1h	86.330	−0.012%	$62K	$76K	10x	as long as short