Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0494%/8h= +54.1% APRpaid last 24h +0.012%

Price spread now: Polymarket Perps against KuCoin+0.077%7-day average +0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$283as in the Funding arb table

Net, price: spread back to 7d avg − costs−$287as in the Price arb table

costs, in and out, $10k−$2932.934% of the position

Long on KuCoin Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.109%+$11 on $10k

Price spread, last 4 days (all we have)+0.904%+$90 · spread now +0.077%, 7d avg +0.013%

Together, before fees+1.013%+$101 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Polymarket Perps is 0.064% dearer against KuCoin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.013%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.109% in total (about 5.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin CRWVUSDTM	85.870	0.0100	pay 0.0100% / 8h	6h 14m	$364K	$528K	20x
Short	Polymarket Perps CRWV-USD	85.936	0.0594	get 0.0074% / 1h	14m 33s	$84K	$288K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against KuCoin. 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 KuCoinbpFee Polymarket PerpsbpOrdersPrice spread, now +0.077%Rate

Funding earned: $103.69
Price spread: +0.077% → +0.013%: $6.4
Slippage, 4 orders: −$273.36
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$183.27
Costs to cover: 2.934%
Break-even: 19.4 days

Slippage from KuCoin: live order book, 23 min ago; Polymarket Perps: live order book, 53 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 KuCoin live order book, 23 min ago	9.91 bp	120.2 bp −$120	doesn't fit	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 53 min ago	2.71 bp	7.0 bp −$7	8.3 bp −$83	doesn't fit	doesn't fit

CRWV on 22 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
Aster CRWVUSDT	0.0000%	8h	86.022	+0.177%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	85.880	+0.012%	$2.6M	$4.6M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	85.900	+0.035%	$5.5M	$4.0M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	85.890	+0.023%	$2.2M	$1.9M	20x	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	85.835	−0.041%	$2K	$191K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	85.790	−0.093%	$1K	$4.8M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	85.950	+0.093%	$140K	$2K	20x	as long as short
QFEX CRWV-USD	+0.0018%	1h	85.870	0.000%	$1.3M	$2.8M	10x	as long as short
Lighter CRWV	+0.0032%	1h	85.900	+0.035%	$104K	$30K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	85.860	−0.012%	$418K	$357K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni CRWV	+0.0036%	8h	85.854	−0.018%	$313K	$309K	—	as long as short
Arcus CRWV-USD	+0.0040%	1h	85.820	−0.058%	$64K	$79K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	85.920	+0.058%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	85.840	−0.035%	$332K	$133K	10x	as long as short
edgeX CRWVUSDC	+0.0055%	4h	85.773	−0.113%	$88K	$202K	10x	as long as short
KuCoin CRWVUSDTMlong	+0.0100%	8h	85.870	long leg	$364K	$528K	20x
Extended CRWV-USD	+0.0104%	1h	85.849	−0.025%	$16K	$312K	10x	as long as short
Binance CRWVUSDT	+0.0106%	8h	85.870	0.000%	$9.6M	$17.3M	25x	as long as short
tradeXYZ xyz:CRWV	+0.0174%	1h	85.826	−0.051%	$9.7M	$8.2M	10x	as long as short
Phoenix CRWV	+0.0278%	1h	85.830	−0.047%	$1K	$46K	10x	as long as short
Bybit CRWVUSDT	+0.0320%	8h	85.890	+0.023%	$2.2M	$1.2M	25x	as long as short
Polymarket Perps CRWV-USDshort	+0.0594%	1h	85.936	+0.077%	$84K	$288K	10x