Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.029%

Price spread now: tradeXYZ against SunX+0.046%7-day average −0.029% · you sell dearer than you buy

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

Long on SunX Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.139%+$14 on $10k

Price spread, last 4 days (all we have)+0.213%+$21 · spread now +0.046%, 7d avg −0.029%

Together, before fees+0.352%+ Points / potential airdroptradeXYZ: Active · farm board+$35 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.075% dearer against SunX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.029%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX CRWV-USDT	86.040	0	get 0.0000% / 8h	5h 00m	$1K	$4.6M	10x
Short	tradeXYZ xyz:CRWV	86.080	0.0050	get 0.0006% / 1h	0m 15s	$9.7M	$7.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now +0.046%Rate

Funding earned: $10.5
Price spread: +0.046% → −0.029%: $7.54
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$7.96
Costs to cover: 0.260%
Break-even: 12.3 days

Slippage unknown: SunX: live order book, 8 min ago; tradeXYZ: 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 SunX live order book, 8 min ago	500.55 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 8 min ago	0.47 bp	10.5 bp −$11	doesn't fit	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
BloFin CRWV-USDT	−0.0022%	8h	86.130	+0.105%	$166K	$67K	20x	as long as short
Aster CRWVUSDT	0.0000%	8h	86.231	+0.222%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	86.110	+0.081%	$2.5M	$4.8M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	86.140	+0.116%	$5.5M	$3.9M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	86.090	+0.058%	$2.0M	$2.0M	20x	as long as short
Variational Omni CRWV	0.0000%	8h	86.123	+0.097%	$314K	$299K	—	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	86.080	+0.046%	$2K	$192K	10x	as long as short
SunX CRWV-USDTlong	0.0000%	8h	86.040	long leg	$1K	$4.6M	10x
HTX CRWV-USDT	0.0000%	8h	86.170	+0.151%	$141K	$2K	20x	as long as short
Lighter CRWV	+0.0032%	1h	86.150	+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	86.090	+0.058%	$419K	$353K	10x	as long as short
Extended CRWV-USD	+0.0032%	1h	86.075	+0.041%	$17K	$307K	10x	as long as short
QFEX CRWV-USD	+0.0032%	1h	86.100	+0.070%	$1.4M	$2.7M	10x	as long as short
Binance CRWVUSDT	+0.0035%	8h	86.100	+0.070%	$9.6M	$17.0M	25x	as long as short
Arcus CRWV-USD	+0.0040%	1h	86.070	+0.035%	$64K	$79K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	86.200	+0.186%	—	$156K	10x	as long as short
tradeXYZ xyz:CRWVshort	+0.0050%	1h	86.080	+0.046%	$9.7M	$7.9M	10x
Ondo Perps CRWV-USD.P	+0.0050%	1h	85.970	−0.081%	$330K	$138K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	86.080	+0.046%	$364K	$519K	20x	as long as short
Polymarket Perps CRWV-USD	+0.0117%	1h	86.103	+0.073%	$85K	$289K	10x	as long as short
Bybit CRWVUSDT	+0.0158%	8h	86.150	+0.128%	$2.2M	$1.2M	25x	as long as short
Phoenix CRWV	+0.0187%	1h	86.070	+0.035%	$1K	$46K	10x	as long as short
edgeX CRWVUSDC	+0.0898%	4h	86.060	+0.024%	$89K	$203K	10x	as long as short