Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.083%

Price spread now: Gate against SunX+0.116%53s7-day average +0.048% · you sell dearer than you buy

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

Long on SunX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.381%+$38 on $10k

Price spread, last 4 days (all we have)+0.313%+$31 · spread now +0.116%, 7d avg +0.048%

Together, before fees+0.694%+$69 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.068% dearer against SunX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.048%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX CRWV-USDT	86.000	0	get 0.0000% / 8h	5h 03m	$1K	$4.6M	10x
Short	Gate CRWV_USDT	86.100	0	get 0.0000% / 8h	5h 03m	$5.5M	$3.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against SunX. 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 SunXbpFee GatebpOrdersPrice spread, now +0.116%Rate

Funding earned: $0
Price spread: +0.116% → +0.048%: $6.8
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$16.2
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 5 min ago; Gate: live order book, 5 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 SunX live order book, 5 min ago	500.55 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	2.90 bp	14.7 bp −$15	40.5 bp −$405	75.2 bp −$7,519	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	+0.217%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	86.060	+0.070%	$2.5M	$4.8M	25x	as long as short
Gate CRWV_USDTshort	0.0000%	8h	86.100	+0.116%	$5.5M	$3.9M	50x
Bitget CRWVUSDT	0.0000%	8h	86.070	+0.081%	$2.0M	$2.0M	20x	as long as short
Variational Omni CRWV	0.0000%	8h	86.013	+0.015%	$314K	$299K	—	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	86.071	+0.083%	$2K	$192K	10x	as long as short
SunX CRWV-USDTlong	0.0000%	8h	86.000	long leg	$1K	$4.6M	10x
HTX CRWV-USDT	0.0000%	8h	86.110	+0.128%	$141K	$2K	20x	as long as short
BloFin CRWV-USDT	+0.0005%	8h	86.030	+0.035%	$166K	$67K	20x	as long as short
Lighter CRWV	+0.0032%	1h	86.110	+0.128%	$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	+0.081%	$419K	$353K	10x	as long as short
QFEX CRWV-USD	+0.0032%	1h	86.040	+0.047%	$1.3M	$2.7M	10x	as long as short
Binance CRWVUSDT	+0.0037%	8h	86.086	+0.099%	$9.6M	$17.1M	25x	as long as short
Extended CRWV-USD	+0.0040%	1h	86.038	+0.044%	$17K	$307K	10x	as long as short
Arcus CRWV-USD	+0.0040%	1h	86.020	+0.023%	$64K	$79K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	86.150	+0.174%	—	$156K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0050%	1h	86.040	+0.047%	$9.7M	$7.9M	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	86.100	+0.116%	$331K	$138K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	86.050	+0.058%	$364K	$520K	20x	as long as short
Polymarket Perps CRWV-USD	+0.0121%	1h	86.088	+0.102%	$85K	$289K	10x	as long as short
Bybit CRWVUSDT	+0.0158%	8h	86.100	+0.116%	$2.2M	$1.2M	25x	as long as short
Phoenix CRWV	+0.0187%	1h	86.070	+0.081%	$1K	$46K	10x	as long as short
edgeX CRWVUSDC	+0.0898%	4h	86.060	+0.070%	$89K	$203K	10x	as long as short