Settings8H · net · $10k
Funding arb · Price arb /

CRWV

RWAall CRWV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0186%/8h= +20.4% APRpaid last 24h +0.045%
Price spread now: Phoenix against HTX+0.023%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Phoenix is 0.023% dearer against HTX than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX CRWV-USDT86.0200get 0.0000% / 8h36m 28s$141K$2K20x
ShortPhoenix CRWV86.0400.0186get 0.0023% / 1h36m 28s$1K$44K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix against HTX. 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

Funding earned
$39.09
Price spread: +0.023% → 0.000%
$2.33
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$22.41
Costs to cover
0.190%
Break-even
3.0 days
Slippage unknown: HTX: live order book, 40 min ago; Phoenix: 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
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 40 min ago4.08 bp10.1 bp −$1011.2 bp −$112doesn't fitdoesn't fit
Sell Phoenix no order-book sample
Phoenix: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster CRWVUSDT0.0000%8h86.056+0.042%$37K$35K20xas long as short
OKX CRWV-USDT-SWAP0.0000%8h86.050+0.035%$2.7M$4.6M25xas long as short
Gate CRWV_USDT0.0000%8h86.0200.000%$5.5M$3.9M50xas long as short
Bitget CRWVUSDT0.0000%8h86.0200.000%$2.3M$2.0M20xas long as short
Variational Omni CRWV0.0000%8h85.994−0.030%$314K$391Kas long as short
GRVT CRWV_USDT_Perp0.0000%8h86.019−0.001%$2K$206K10xas long as short
SunX CRWV-USDT0.0000%8h85.940−0.093%$1K$5.3M10xas long as short
HTX CRWV-USDTlong0.0000%8h86.020long leg$141K$2K20x
Extended CRWV-USD+0.0008%1h86.015−0.005%$14K$228K10xas long as short
Binance CRWVUSDT+0.0008%8h86.030+0.012%$9.6M$18.1M25xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin CRWV-USDT+0.0019%8h86.060+0.047%$171K$69K20xas long as short
Lighter CRWV+0.0032%1h86.110+0.105%$104K$32K10xas long as short
Lighter RH CRWV+0.0032%1h86.0200.000%$422K$445K10xas long as short
QFEX CRWV-USD+0.0037%1h86.000−0.023%$1.4M$3.3M10xas long as short
Vest CRWV-USD-PERP+0.0046%1h86.090+0.081%$156K10xas long as short
Ondo Perps CRWV-USD.P+0.0050%1h85.950−0.081%$332K$216K10xas long as short
KuCoin CRWVUSDTM+0.0100%8h85.950−0.081%$364K$519K20xas long as short
Phoenix CRWVshort+0.0186%1h86.040+0.023%$1K$44K10x
Bybit CRWVUSDT+0.0205%8h86.050+0.035%$2.2M$1.2M25xas long as short
tradeXYZ xyz:CRWV+0.0270%1h86.009−0.013%$9.6M$7.6M10xas long as short
Polymarket Perps CRWV-USD+0.0381%1h86.072+0.060%$66K$198K10xas long as short
Arcus CRWV-USD+0.0456%1h86.0200.000%$61K$76K10xas long as short
edgeX CRWVUSDC+0.0905%4h86.007−0.015%$89K$200K10xas long as short