Settings8H · net · $10k
Funding arb · Price arb /

CRWV

RWAall CRWV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0002%/8h= +0.3% APRpaid last 24h −0.001%
Price spread now: Extended against Binance−0.025%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$510.507% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.005%−$1 on $10k
Price spread, last 4 days (all we have)−0.107%−$11 · spread now −0.025%, 7d avg −0.053%
Together, before fees−0.112%+ Points / potential airdropExtended: Active · farm board−$11 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: Extended is 0.028% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.053%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CRWVUSDT85.9200.0014pay 0.0014% / 8h4h 35m$9.5M$17.1M25x
ShortExtended CRWV-USD85.8990.0016get 0.0002% / 1h35m 21s$14K$306K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Binance. 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

Funding earned
$0.49
Price spread: −0.025% → −0.053%
$2.82
Slippage, 4 orders
−$35.68
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$47.38
Costs to cover
0.507%
Break-even
690.6 days
Slippage from Binance: live order book, 5 min ago; Extended: live order book, 22 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 5 min ago1.75 bp10.6 bp −$1121.6 bp −$216102.0 bp −$10.2Kdoesn't fit
Sell Extended live order book, 22 min ago4.65 bp15.0 bp −$1579.4 bp −$794doesn't fitdoesn't fit

CRWV on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster CRWVUSDT0.0000%8h86.035+0.134%$37K$35K20xas long as short
OKX CRWV-USDT-SWAP0.0000%8h85.900−0.023%$2.5M$4.8M25xas long as short
Gate CRWV_USDT0.0000%8h85.930+0.012%$5.5M$3.8M50xas long as short
Bitget CRWVUSDT0.0000%8h85.930+0.012%$1.9M$2.1M20xas long as short
Variational Omni CRWV0.0000%8h85.910−0.012%$313K$299Kas long as short
GRVT CRWV_USDT_Perp0.0000%8h85.907−0.016%$2K$193K10xas long as short
SunX CRWV-USDT0.0000%8h85.830−0.105%$1K$4.6M10xas long as short
HTX CRWV-USDT0.0000%8h85.950+0.035%$140K$2K20xas long as short
BloFin CRWV-USDT+0.0004%8h85.930+0.012%$164K$67K20xas long as short
QFEX CRWV-USD+0.0010%1h85.900−0.023%$1.3M$2.7M10xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CRWVUSDTlong+0.0014%8h85.920long leg$9.5M$17.1M25x
Extended CRWV-USDshort+0.0016%1h85.899−0.025%$14K$306K10x
Lighter CRWV+0.0032%1h85.950+0.035%$103K$32K10xas long as short
Lighter RH CRWV+0.0032%1h85.900−0.023%$418K$348K10xas long as short
Arcus CRWV-USD+0.0040%1h85.870−0.058%$64K$79K10xas long as short
Vest CRWV-USD-PERP+0.0046%1h85.970+0.058%$156K10xas long as short
tradeXYZ xyz:CRWV+0.0050%1h85.853−0.078%$9.5M$8.0M10xas long as short
Polymarket Perps CRWV-USD+0.0050%1h85.892−0.033%$85K$289K10xas long as short
Ondo Perps CRWV-USD.P+0.0050%1h85.880−0.047%$322K$145K10xas long as short
KuCoin CRWVUSDTM+0.0100%8h85.930+0.012%$364K$520K20xas long as short
Bybit CRWVUSDT+0.0146%8h85.960+0.047%$2.2M$1.1M25xas long as short
Phoenix CRWV+0.0186%1h85.880−0.047%$1K$46K10xas long as short
edgeX CRWVUSDC+0.0334%4h85.902−0.021%$88K$203K10xas long as short