Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0121%/8h= −13.3% APRpaid last 24h −0.038%

Price spread now: Bitget against Polymarket Perps−0.021%7-day average +0.078% · 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−$50as in the Price arb table

costs, in and out, $10k−$400.404% of the position

Long on Polymarket Perps Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.243%−$24 on $10k

Price spread, last 4 days (all we have)−0.378%−$38 · spread now −0.021%, 7d avg +0.078%

Together, before fees−0.621%−$62 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bitget is 0.099% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.078%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps CRWV-USD	86.088	0.0121	pay 0.0015% / 1h	3m 27s	$85K	$289K	10x
Short	Bitget CRWVUSDT	86.070	0	get 0.0000% / 8h	5h 03m	$2.0M	$2.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Polymarket 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 Polymarket PerpsbpFee BitgetbpOrdersPrice spread, now −0.021%Rate

Funding earned: −$25.5
Price spread: −0.021% → +0.078%: −$9.89
Slippage, 4 orders: −$20.37
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$75.77
Costs to cover: 0.404%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 59 min ago; Bitget: live order book, 4 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 Polymarket Perps live order book, 59 min ago	2.56 bp	7.5 bp −$7	8.3 bp −$83	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	2.33 bp	10.6 bp −$11	109.5 bp −$1,095	doesn't fit	doesn't fit

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	86.187	+0.115%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	86.060	−0.033%	$2.5M	$4.8M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	86.100	+0.014%	$5.5M	$3.9M	50x	as long as short
Bitget CRWVUSDTshort	0.0000%	8h	86.070	−0.021%	$2.0M	$2.0M	20x
Variational Omni CRWV	0.0000%	8h	86.013	−0.087%	$314K	$299K	—	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	86.071	−0.019%	$2K	$192K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	86.000	−0.102%	$1K	$4.6M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	86.110	+0.026%	$141K	$2K	20x	as long as short
BloFin CRWV-USDT	+0.0005%	8h	86.030	−0.067%	$166K	$67K	20x	as long as short
Lighter CRWV	+0.0032%	1h	86.110	+0.026%	$103K	$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	86.070	−0.021%	$419K	$353K	10x	as long as short
QFEX CRWV-USD	+0.0032%	1h	86.040	−0.056%	$1.3M	$2.7M	10x	as long as short
Binance CRWVUSDT	+0.0037%	8h	86.086	−0.003%	$9.6M	$17.1M	25x	as long as short
Extended CRWV-USD	+0.0040%	1h	86.038	−0.058%	$17K	$307K	10x	as long as short
Arcus CRWV-USD	+0.0040%	1h	86.020	−0.079%	$64K	$79K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	86.150	+0.072%	—	$156K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0050%	1h	86.040	−0.056%	$9.7M	$7.9M	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	86.100	+0.014%	$331K	$138K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	86.050	−0.044%	$364K	$520K	20x	as long as short
Polymarket Perps CRWV-USDlong	+0.0121%	1h	86.088	long leg	$85K	$289K	10x
Bybit CRWVUSDT	+0.0158%	8h	86.100	+0.014%	$2.2M	$1.2M	25x	as long as short
Phoenix CRWV	+0.0187%	1h	86.070	−0.021%	$1K	$46K	10x	as long as short
edgeX CRWVUSDC	+0.0898%	4h	86.060	−0.032%	$89K	$203K	10x	as long as short