Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.017%

Price spread now: tradeXYZ against Binance−0.036%7-day average −0.111% · you buy dearer than you sell

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$430.430% of the position

Long on Binance Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.041%+$4 on $10k

Price spread, last 7 days−0.061%−$6 · spread now −0.036%, 7d avg −0.111%

Together, before fees−0.020%+ Points / potential airdroptradeXYZ: Active · farm board−$2 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 Binance than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.111%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance CRWVUSDT	83.455	0	get 0.0000% / 8h	7h 33m	$9.3M	$19.3M	25x
Short	tradeXYZ xyz:CRWV	83.425	0.0050	get 0.0006% / 1h	33m 51s	$9.2M	$8.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.036%Rate

Funding earned: $10.5
Price spread: −0.036% → −0.111%: $7.45
Slippage, 4 orders: −$14.95
Fee Binance: 5 bp × 2 orders: −$10
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$25
Costs to cover: 0.430%
Break-even: 23.7 days

Slippage from Binance: live order book, 7 min ago; tradeXYZ: live order book, 4 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, 7 min ago	1.20 bp	10.8 bp −$11	21.8 bp −$218	72.2 bp −$7,222	doesn't fit
Sell tradeXYZ live order book, 4 min ago	0.36 bp	11.9 bp −$12	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
Bitget CRWVUSDT	−0.0290%	8h	83.440	−0.018%	$1.8M	$1.9M	20x	as long as short
Aster CRWVUSDT	0.0000%	8h	83.520	+0.078%	$36K	$34K	20x	as long as short
Extended CRWV-USD	0.0000%	1h	83.443	−0.015%	$19K	$262K	10x	as long as short
Binance CRWVUSDTlong	0.0000%	8h	83.455	long leg	$9.3M	$19.3M	25x
Bybit CRWVUSDT	0.0000%	8h	83.460	+0.006%	$1.9M	$1.3M	25x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	83.390	−0.078%	$2.2M	$5.4M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	83.440	−0.018%	$5.2M	$4.4M	50x	as long as short
Variational Omni CRWV	0.0000%	8h	83.521	+0.079%	$292K	$264K	—	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	83.690	+0.281%	$2K	$186K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	83.510	+0.066%	$1K	$4.1M	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	83.510	+0.066%	$130K	$15K	20x	as long as short
BloFin CRWV-USDT	+0.0024%	8h	83.420	−0.042%	$152K	$64K	20x	as long as short
Lighter CRWV	+0.0032%	1h	83.410	−0.054%	$101K	$37K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	83.450	−0.006%	$371K	$447K	10x	as long as short
QFEX CRWV-USD	+0.0033%	1h	83.410	−0.054%	$1.3M	$2.4M	10x	as long as short
Arcus CRWV-USD	+0.0040%	1h	83.380	−0.090%	$63K	$59K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	83.430	−0.030%	—	$198K	10x	as long as short
tradeXYZ xyz:CRWVshort	+0.0050%	1h	83.425	−0.036%	$9.2M	$8.6M	10x
Polymarket Perps CRWV-USD	+0.0050%	1h	83.390	−0.078%	$73K	$238K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	83.440	−0.018%	$307K	$165K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	83.490	+0.042%	$350K	$591K	20x	as long as short
Phoenix CRWV	+0.0285%	1h	83.470	+0.018%	$2K	$40K	10x	as long as short
edgeX CRWVUSDC	+0.0464%	4h	83.706	+0.300%	$86K	$203K	10x	as long as short