Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h −0.014%

Price spread now: Extended against OKX−0.038%7-day average −0.051% · you buy dearer than you sell

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$560.561% of the position

Long on OKX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.086%−$9 on $10k

Price spread, last 4 days (all we have)−0.025%−$2 · spread now −0.038%, 7d avg −0.051%

Together, before fees−0.111%+ Points / potential airdropExtended: Active · farm board−$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.051%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.086%, 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	OKX CRWV-USDT-SWAP	85.900	0	get 0.0000% / 8h	5h 49m	$2.6M	$4.6M	25x
Short	Extended CRWV-USD	85.867	0.0104	get 0.0013% / 1h	49m 25s	$14K	$309K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against OKX. 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 OKXbpFee ExtendedbpOrdersPrice spread, now −0.038%Rate

Funding earned: $21.84
Price spread: −0.038% → −0.051%: $1.31
Slippage, 4 orders: −$41.07
Fee OKX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$32.92
Costs to cover: 0.561%
Break-even: 17.6 days

Slippage from OKX: live order book, 3 min ago; Extended: live order book, 13 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 OKX live order book, 3 min ago	2.33 bp	14.3 bp −$14	38.3 bp −$383	doesn't fit	doesn't fit
Sell Extended live order book, 13 min ago	3.50 bp	13.9 bp −$14	98.3 bp −$983	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	86.027	+0.148%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAPlong	0.0000%	8h	85.900	long leg	$2.6M	$4.6M	25x
Gate CRWV_USDT	0.0000%	8h	85.910	+0.012%	$5.5M	$3.9M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	85.860	−0.047%	$2.1M	$2.0M	20x	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	85.935	+0.040%	$2K	$191K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	85.830	−0.081%	$1K	$4.7M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	85.960	+0.070%	$140K	$2K	20x	as long as short
Variational Omni CRWV	+0.0024%	8h	85.918	+0.021%	$314K	$309K	—	as long as short
Lighter CRWV	+0.0032%	1h	85.960	+0.070%	$104K	$29K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	85.900	0.000%	$418K	$352K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CRWV-USD	+0.0032%	1h	85.880	−0.023%	$1.3M	$2.8M	10x	as long as short
Arcus CRWV-USD	+0.0040%	1h	85.870	−0.035%	$64K	$79K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	85.940	+0.047%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	85.760	−0.163%	$331K	$132K	10x	as long as short
Binance CRWVUSDT	+0.0099%	8h	85.860	−0.047%	$9.6M	$17.1M	25x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	85.850	−0.058%	$363K	$530K	20x	as long as short
Extended CRWV-USDshort	+0.0104%	1h	85.867	−0.038%	$14K	$309K	10x
tradeXYZ xyz:CRWV	+0.0117%	1h	85.853	−0.055%	$9.7M	$8.2M	10x	as long as short
Phoenix CRWV	+0.0187%	1h	85.920	+0.023%	$1K	$46K	10x	as long as short
Polymarket Perps CRWV-USD	+0.0230%	1h	85.898	−0.002%	$85K	$289K	10x	as long as short
Bybit CRWVUSDT	+0.0288%	8h	85.910	+0.012%	$2.2M	$1.1M	25x	as long as short
edgeX CRWVUSDC	+0.0702%	4h	85.912	+0.014%	$88K	$202K	10x	as long as short