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 +0.014%

Price spread now: OKX against Binance−0.031%7-day average −0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$380.375% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.080%+$8 on $10k

Price spread, last 7 days+0.001%$0 · spread now −0.031%, 7d avg −0.005%

Together, before fees+0.080%+$8 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: OKX is 0.026% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance CRWVUSDT	85.376	0	get 0.0000% / 8h	3h 40m	$9.4M	$17.3M	25x
Short	OKX CRWV-USDT-SWAP	85.350	0	get 0.0000% / 8h	3h 40m	$2.5M	$4.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee BinancebpFee OKXbpOrdersPrice spread, now −0.031%Rate

Funding earned: $0
Price spread: −0.031% → −0.005%: −$2.62
Slippage, 4 orders: −$17.53
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$40.16
Costs to cover: 0.375%
Break-even: never at this rate

Slippage from Binance: live order book, 15 min ago; OKX: live order book, 2 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 Binance live order book, 15 min ago	1.17 bp	9.4 bp −$9	18.6 bp −$186	81.7 bp −$8,166	doesn't fit
Sell OKX live order book, 2 min ago	1.75 bp	9.7 bp −$10	33.3 bp −$333	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	−0.0026%	8h	85.390	+0.016%	$163K	$67K	20x	as long as short
Aster CRWVUSDT	0.0000%	8h	85.569	+0.226%	$37K	$33K	20x	as long as short
Extended CRWV-USD	0.0000%	1h	85.356	−0.024%	$19K	$301K	10x	as long as short
Binance CRWVUSDTlong	0.0000%	8h	85.376	long leg	$9.4M	$17.3M	25x
OKX CRWV-USDT-SWAPshort	0.0000%	8h	85.350	−0.031%	$2.5M	$4.9M	25x
Gate CRWV_USDT	0.0000%	8h	85.390	+0.016%	$5.4M	$3.7M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	85.390	+0.016%	$1.9M	$2.1M	20x	as long as short
Variational Omni CRWV	0.0000%	8h	85.375	−0.001%	$312K	$299K	—	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	85.527	+0.177%	$2K	$192K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	85.320	−0.066%	$1K	$4.5M	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX CRWV-USDT	0.0000%	8h	85.520	+0.168%	$140K	$2K	20x	as long as short
QFEX CRWV-USD	+0.0025%	1h	85.380	+0.004%	$1.4M	$2.5M	10x	as long as short
Lighter CRWV	+0.0032%	1h	85.480	+0.121%	$102K	$29K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	85.360	−0.019%	$414K	$355K	10x	as long as short
Arcus CRWV-USD	+0.0040%	1h	85.420	+0.051%	$64K	$78K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	85.460	+0.098%	—	$156K	10x	as long as short
Polymarket Perps CRWV-USD	+0.0050%	1h	85.362	−0.017%	$85K	$298K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	85.450	+0.086%	$320K	$147K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0052%	1h	85.362	−0.017%	$9.4M	$8.0M	10x	as long as short
Phoenix CRWV	+0.0093%	1h	85.540	+0.192%	$1K	$45K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	85.360	−0.019%	$361K	$519K	20x	as long as short
Bybit CRWVUSDT	+0.0102%	8h	85.370	−0.007%	$2.1M	$1.1M	25x	as long as short
edgeX CRWVUSDC	+0.0709%	4h	85.484	+0.126%	$88K	$202K	10x	as long as short