Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: Ondo Perps against HTX−0.196%7-day average −0.147% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on HTX Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.122%+$12 on $10k

Price spread, last 3 days (all we have)+0.139%+$14 · spread now −0.196%, 7d avg −0.147%

Together, before fees+0.262%+ Points / potential airdropOndo Perps: Active · farm board+$26 on $10k · with fees, hour by hour

Funding pays, the price is against you. Ondo Perps is 0.049% cheaper against HTX than usual: you would sell low and buy high (spread −0.196% now, against its 7-day average of −0.147%). If the spread goes back, that is −$5 on $10k: about 3.3 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX CRWV-USDT	86.650	0	get 0.0000% / 8h	7h 45m	$142K	$2K	20x
Short	Ondo Perps CRWV-USD.P	86.480	0.0050	get 0.0006% / 1h	45m 30s	$334K	$219K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against HTX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 HTXbpFee Ondo PerpsbpOrdersPrice spread, now −0.196%Rate

Funding earned: $10.58
Price spread: −0.196% → −0.147%: −$4.94
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$11.35
Costs to cover: 0.170%
Break-even: 14.5 days

Slippage unknown: HTX: live order book, 26 min ago; Ondo Perps: no order-book sample. Net counts fees only.

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 HTX live order book, 26 min ago	4.05 bp	10.9 bp −$11	24.3 bp −$243	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	+0.012%	$171K	$69K	20x	as long as short
Aster CRWVUSDT	0.0000%	8h	86.760	+0.127%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	86.660	+0.012%	$2.7M	$4.6M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	86.630	−0.023%	$5.6M	$3.9M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	86.650	0.000%	$2.3M	$1.9M	20x	as long as short
SunX CRWV-USDT	0.0000%	8h	86.430	−0.254%	$1K	$5.1M	10x	as long as short
HTX CRWV-USDTlong	0.0000%	8h	86.650	long leg	$142K	$2K	20x
QFEX CRWV-USD	+0.0029%	1h	86.600	−0.058%	$1.3M	$3.2M	10x	as long as short
Lighter CRWV	+0.0032%	1h	86.720	+0.081%	$105K	$32K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	86.650	0.000%	$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	+0.092%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.Pshort	+0.0050%	1h	86.480	−0.196%	$334K	$219K	10x
Variational Omni CRWV	+0.0070%	8h	86.572	−0.091%	$316K	$391K	—	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	86.570	−0.092%	$366K	$514K	20x	as long as short
Extended CRWV-USD	+0.0144%	1h	86.615	−0.041%	$15K	$246K	10x	as long as short
Binance CRWVUSDT	+0.0145%	8h	86.636	−0.016%	$9.7M	$18.0M	25x	as long as short
tradeXYZ xyz:CRWV	+0.0145%	1h	86.627	−0.027%	$9.8M	$7.6M	10x	as long as short
Bybit CRWVUSDT	+0.0196%	8h	86.690	+0.046%	$2.2M	$1.2M	25x	as long as short
GRVT CRWV_USDT_Perp	+0.0216%	8h	86.590	−0.069%	$3K	$199K	10x	as long as short
Phoenix CRWV	+0.0278%	1h	86.560	−0.104%	$1K	$44K	10x	as long as short
Polymarket Perps CRWV-USD	+0.0324%	1h	86.694	+0.051%	$71K	$254K	10x	as long as short
Arcus CRWV-USD	+0.0340%	1h	86.540	−0.127%	$65K	$79K	10x	as long as short
edgeX CRWVUSDC	+0.0744%	4h	86.597	−0.061%	$89K	$201K	10x	as long as short