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: SunX against Ondo Perps+0.058%7-day average +0.046% · you sell dearer than you buy

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

Long on Ondo Perps Short on SunX

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)−0.105%−$10 · spread now +0.058%, 7d avg +0.046%

Together, before fees−0.227%+ Points / potential airdropOndo Perps: Active · farm board−$23 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.046%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps CRWV-USD.P	86.310	0.0050	pay 0.0006% / 1h	0m 10s	$333K	$219K	10x
Short	SunX CRWV-USDT	86.360	0	get 0.0000% / 8h	7h 00m	$1K	$4.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Ondo Perps. 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 Ondo PerpsbpFee SunXbpOrdersPrice spread, now +0.058%Rate

Funding earned: −$10.58
Price spread: +0.058% → +0.046%: $1.24
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee SunX: 4 bp × 2 orders: −$8
Net: −$22.34
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; SunX: live order book, 8 min ago. 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell SunX live order book, 8 min ago	501.33 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

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
Aster CRWVUSDT	0.0000%	8h	86.571	+0.302%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	86.420	+0.127%	$2.7M	$4.6M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	86.420	+0.127%	$5.5M	$4.0M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	86.430	+0.139%	$2.2M	$1.9M	20x	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	86.443	+0.154%	$2K	$193K	10x	as long as short
SunX CRWV-USDTshort	0.0000%	8h	86.360	+0.058%	$1K	$4.9M	10x
HTX CRWV-USDT	0.0000%	8h	86.460	+0.174%	$141K	$2K	20x	as long as short
BloFin CRWV-USDT	+0.0028%	8h	86.430	+0.139%	$170K	$68K	20x	as long as short
QFEX CRWV-USD	+0.0029%	1h	86.400	+0.104%	$1.4M	$3.1M	10x	as long as short
Lighter CRWV	+0.0032%	1h	86.500	+0.220%	$105K	$32K	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	86.410	+0.116%	$420K	$358K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	86.510	+0.232%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.Plong	+0.0050%	1h	86.310	long leg	$333K	$219K	10x
Variational Omni CRWV	+0.0060%	8h	86.430	+0.139%	$315K	$391K	—	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	86.400	+0.104%	$365K	$513K	20x	as long as short
Binance CRWVUSDT	+0.0126%	8h	86.440	+0.151%	$9.7M	$17.5M	25x	as long as short
Extended CRWV-USD	+0.0128%	1h	86.418	+0.125%	$14K	$306K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0159%	1h	86.416	+0.123%	$9.7M	$7.6M	10x	as long as short
Phoenix CRWV	+0.0278%	1h	86.350	+0.046%	$1K	$44K	10x	as long as short
Bybit CRWVUSDT	+0.0312%	8h	86.480	+0.197%	$2.2M	$1.1M	25x	as long as short
Arcus CRWV-USD	+0.0340%	1h	86.380	+0.081%	$64K	$78K	10x	as long as short
Polymarket Perps CRWV-USD	+0.0431%	1h	86.534	+0.260%	$71K	$263K	10x	as long as short
edgeX CRWVUSDC	+0.0971%	4h	86.392	+0.095%	$89K	$202K	10x	as long as short