Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0431%/8h= −47.2% APRpaid last 24h −0.038%

Price spread now: HTX against Polymarket Perps−0.086%7-day average +0.083% · you buy dearer than you sell

Net, funding: paid 7d − costs−$69as in the Funding arb table

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$380.376% of the position

Long on Polymarket Perps Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.314%−$31 on $10k

Price spread, last 3 days (all we have)+0.135%+$13 · spread now −0.086%, 7d avg +0.083%

Together, before fees−0.179%−$18 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and HTX is 0.169% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.083%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps CRWV-USD	86.534	0.0431	pay 0.0054% / 1h	0m 17s	$71K	$263K	10x
Short	HTX CRWV-USDT	86.460	0	get 0.0000% / 8h	7h 00m	$141K	$2K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.086%Rate

Funding earned: −$90.48
Price spread: −0.086% → +0.083%: −$16.87
Slippage, 4 orders: −$17.61
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: −$144.97
Costs to cover: 0.376%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 7 min ago; HTX: live order book, 6 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, 7 min ago	2.71 bp	6.7 bp −$7	7.2 bp −$72	doesn't fit	doesn't fit
Sell HTX live order book, 6 min ago	4.63 bp	11.8 bp −$12	31.2 bp −$312	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	86.571	+0.042%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	86.420	−0.132%	$2.7M	$4.6M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	86.420	−0.132%	$5.5M	$4.0M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	86.430	−0.120%	$2.2M	$1.9M	20x	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	86.443	−0.105%	$2K	$193K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	86.360	−0.201%	$1K	$4.9M	10x	as long as short
HTX CRWV-USDTshort	0.0000%	8h	86.460	−0.086%	$141K	$2K	20x
BloFin CRWV-USDT	+0.0028%	8h	86.430	−0.120%	$170K	$68K	20x	as long as short
QFEX CRWV-USD	+0.0029%	1h	86.400	−0.155%	$1.4M	$3.1M	10x	as long as short
Lighter CRWV	+0.0032%	1h	86.500	−0.039%	$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	−0.143%	$420K	$358K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	86.510	−0.028%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	86.310	−0.259%	$333K	$219K	10x	as long as short
Variational Omni CRWV	+0.0060%	8h	86.430	−0.120%	$315K	$391K	—	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	86.400	−0.155%	$365K	$513K	20x	as long as short
Binance CRWVUSDT	+0.0126%	8h	86.440	−0.109%	$9.7M	$17.5M	25x	as long as short
Extended CRWV-USD	+0.0128%	1h	86.418	−0.134%	$14K	$306K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0159%	1h	86.416	−0.136%	$9.7M	$7.6M	10x	as long as short
Phoenix CRWV	+0.0278%	1h	86.350	−0.213%	$1K	$44K	10x	as long as short
Bybit CRWVUSDT	+0.0312%	8h	86.480	−0.062%	$2.2M	$1.1M	25x	as long as short
Arcus CRWV-USD	+0.0340%	1h	86.380	−0.178%	$64K	$78K	10x	as long as short
Polymarket Perps CRWV-USDlong	+0.0431%	1h	86.534	long leg	$71K	$263K	10x
edgeX CRWVUSDC	+0.0971%	4h	86.392	−0.165%	$89K	$202K	10x	as long as short