Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0456%/8h= −49.9% APRpaid last 24h −0.067%

Price spread now: SunX against Arcus−0.104%7-day average — · you buy dearer than you sell

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

Long on Arcus Short on SunX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and SunX is 0.104% cheaper against Arcus than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus CRWV-USD	86.340	0.0456	pay 0.0057% / 1h	13m 06s	$62K	$76K	10x
Short	SunX CRWV-USDT	86.250	0	get 0.0000% / 8h	13m 06s	$988	$5.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Arcus. 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 ArcusbpFee SunXbpOrdersPrice spread, now −0.104%Rate

Funding earned: −$95.79
Price spread: −0.104% → 0.000%: −$10.42
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee SunX: 4 bp × 2 orders: −$8
Net: −$118.71
Costs to cover: 0.125%
Break-even: never at this rate

Slippage unknown: Arcus: no order-book sample; SunX: 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 Arcus no order-book sample	—	—	—	—	—
Sell SunX live order book, 5 min ago	496.17 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

Arcus: 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
BloFin CRWV-USDT	−0.0030%	8h	86.460	+0.139%	$171K	$69K	20x	as long as short
Aster CRWVUSDT	0.0000%	8h	86.483	+0.165%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	86.330	−0.012%	$2.7M	$4.6M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	86.320	−0.023%	$5.6M	$4.0M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	86.300	−0.046%	$2.3M	$2.0M	20x	as long as short
Variational Omni CRWV	0.0000%	8h	86.392	+0.061%	$315K	$391K	—	as long as short
SunX CRWV-USDTshort	0.0000%	8h	86.250	−0.104%	$988	$5.3M	10x
HTX CRWV-USDT	0.0000%	8h	86.450	+0.127%	$141K	$2K	20x	as long as short
edgeX CRWVUSDC	+0.0018%	4h	86.374	+0.039%	$89K	$202K	10x	as long as short
Lighter CRWV	+0.0032%	1h	86.400	+0.069%	$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	86.350	+0.012%	$424K	$445K	10x	as long as short
QFEX CRWV-USD	+0.0037%	1h	86.330	−0.012%	$1.4M	$3.3M	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	86.470	+0.151%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	86.280	−0.069%	$333K	$218K	10x	as long as short
GRVT CRWV_USDT_Perp	+0.0060%	8h	86.390	+0.058%	$2K	$205K	10x	as long as short
Extended CRWV-USD	+0.0088%	1h	86.320	−0.023%	$14K	$228K	10x	as long as short
Binance CRWVUSDT	+0.0092%	8h	86.310	−0.035%	$9.7M	$18.0M	25x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	86.340	0.000%	$365K	$516K	20x	as long as short
Phoenix CRWV	+0.0186%	1h	86.350	+0.012%	$1K	$44K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0193%	1h	86.287	−0.061%	$9.6M	$7.6M	10x	as long as short
Bybit CRWVUSDT	+0.0209%	8h	86.350	+0.012%	$2.2M	$1.2M	25x	as long as short
Polymarket Perps CRWV-USD	+0.0310%	1h	86.406	+0.076%	$61K	$210K	10x	as long as short
Arcus CRWV-USDlong	+0.0456%	1h	86.340	long leg	$62K	$76K	10x