Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0051%/8h= +5.6% APRpaid last 24h −0.054%

Price spread now: tradeXYZ against Gate−0.099%7-day average −0.108% · you buy dearer than you sell

Net, funding: paid 7d − costs−$79as in the Funding arb table

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$550.548% of the position

Long on Gate Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.241%−$24 on $10k

Price spread, last 7 days+0.009%+$1 · spread now −0.099%, 7d avg −0.108%

Together, before fees−0.232%+ Points / potential airdroptradeXYZ: Active · farm board−$23 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.108%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.241%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate CRWV_USDT	85.960	0	get 0.0000% / 8h	5h 23m	$5.5M	$3.9M	50x
Short	tradeXYZ xyz:CRWV	85.875	0.0051	get 0.0006% / 1h	23m 16s	$9.7M	$8.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.099%Rate

Funding earned: $10.77
Price spread: −0.099% → −0.108%: $0.86
Slippage, 4 orders: −$21.8
Fee Gate: 7.5 bp × 2 orders: −$15
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$43.17
Costs to cover: 0.548%
Break-even: 35.1 days

Slippage from Gate: live order book, 5 min ago; tradeXYZ: live order book, 4 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, 5 min ago	4.07 bp	15.9 bp −$16	40.8 bp −$408	77.2 bp −$7,723	doesn't fit
Sell tradeXYZ live order book, 4 min ago	0.58 bp	12.2 bp −$12	15.0 bp −$150	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	−0.0022%	8h	85.940	−0.023%	$166K	$67K	20x	as long as short
Aster CRWVUSDT	0.0000%	8h	86.024	+0.074%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	85.920	−0.047%	$2.5M	$4.8M	25x	as long as short
Gate CRWV_USDTlong	0.0000%	8h	85.960	long leg	$5.5M	$3.9M	50x
Bitget CRWVUSDT	0.0000%	8h	85.910	−0.058%	$2.0M	$2.0M	20x	as long as short
Variational Omni CRWV	0.0000%	8h	85.892	−0.079%	$313K	$300K	—	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	85.920	−0.047%	$2K	$190K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	85.810	−0.174%	$2K	$4.6M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	85.950	−0.012%	$140K	$2K	20x	as long as short
Lighter CRWV	+0.0032%	1h	85.950	−0.012%	$103K	$30K	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	85.910	−0.058%	$418K	$352K	10x	as long as short
QFEX CRWV-USD	+0.0032%	1h	85.900	−0.070%	$1.3M	$2.7M	10x	as long as short
Arcus CRWV-USD	+0.0040%	1h	85.880	−0.093%	$64K	$79K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	85.950	−0.012%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	85.790	−0.198%	$329K	$136K	10x	as long as short
tradeXYZ xyz:CRWVshort	+0.0051%	1h	85.875	−0.099%	$9.7M	$8.1M	10x
Binance CRWVUSDT	+0.0069%	8h	85.900	−0.070%	$9.6M	$17.0M	25x	as long as short
Extended CRWV-USD	+0.0072%	1h	85.877	−0.096%	$14K	$304K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	85.870	−0.105%	$363K	$527K	20x	as long as short
edgeX CRWVUSDC	+0.0143%	4h	85.889	−0.082%	$88K	$202K	10x	as long as short
Polymarket Perps CRWV-USD	+0.0168%	1h	85.924	−0.042%	$85K	$289K	10x	as long as short
Phoenix CRWV	+0.0187%	1h	85.860	−0.116%	$1K	$46K	10x	as long as short
Bybit CRWVUSDT	+0.0218%	8h	85.940	−0.023%	$2.2M	$1.1M	25x	as long as short