Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.097%

Price spread now: Extended against Gate−0.001%7-day average −0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$81as in the Funding arb table

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$520.521% of the position

Long on Gate Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.287%−$29 on $10k

Price spread, last 4 days (all we have)−0.236%−$24 · spread now −0.001%, 7d avg −0.025%

Together, before fees−0.524%+ Points / potential airdropExtended: Active · farm board−$52 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 0.024% dearer against Gate than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate CRWV_USDT	85.770	0	get 0.0000% / 8h	1h 23m	$5.5M	$4.0M	50x
Short	Extended CRWV-USD	85.769	0	get 0.0000% / 1h	23m 39s	$14K	$228K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Gate. 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 GatebpFee ExtendedbpOrdersPrice spread, now −0.001%Rate

Funding earned: $0
Price spread: −0.001% → −0.025%: $2.37
Slippage, 4 orders: −$32.06
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$49.69
Costs to cover: 0.521%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; Extended: live order book, 58 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 Gate live order book, 4 min ago	2.33 bp	10.2 bp −$10	45.3 bp −$453	79.7 bp −$7,970	doesn't fit
Sell Extended live order book, 58 min ago	4.09 bp	14.5 bp −$15	87.2 bp −$872	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	−0.0021%	8h	85.810	+0.047%	$170K	$68K	20x	as long as short
Aster CRWVUSDT	0.0000%	8h	85.780	+0.012%	$37K	$35K	20x	as long as short
Extended CRWV-USDshort	0.0000%	1h	85.769	−0.001%	$14K	$228K	10x
Binance CRWVUSDT	0.0000%	8h	85.786	+0.018%	$9.7M	$18.2M	25x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	85.840	+0.082%	$2.7M	$4.6M	25x	as long as short
Gate CRWV_USDTlong	0.0000%	8h	85.770	long leg	$5.5M	$4.0M	50x
Bitget CRWVUSDT	0.0000%	8h	85.770	0.000%	$2.3M	$2.0M	20x	as long as short
Variational Omni CRWV	0.0000%	8h	85.804	+0.040%	$313K	$396K	—	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	85.780	+0.011%	$3K	$216K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	85.670	−0.117%	$2K	$5.4M	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	85.840	+0.082%	$140K	$2K	20x	as long as short
QFEX CRWV-USD	+0.0026%	1h	85.770	0.000%	$1.3M	$3.3M	10x	as long as short
Lighter CRWV	+0.0032%	1h	85.820	+0.058%	$104K	$32K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	85.760	−0.012%	$421K	$454K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	85.780	+0.012%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	85.710	−0.070%	$331K	$216K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	85.780	+0.012%	$362K	$512K	20x	as long as short
tradeXYZ xyz:CRWV	+0.0147%	1h	85.739	−0.036%	$9.6M	$7.6M	10x	as long as short
Bybit CRWVUSDT	+0.0167%	8h	85.820	+0.058%	$2.2M	$1.3M	25x	as long as short
Phoenix CRWV	+0.0187%	1h	85.750	−0.023%	$1K	$44K	10x	as long as short
Polymarket Perps CRWV-USD	+0.0408%	1h	85.805	+0.041%	$65K	$197K	10x	as long as short
Arcus CRWV-USD	+0.0548%	1h	85.750	−0.023%	$61K	$76K	10x	as long as short
edgeX CRWVUSDC	+0.0728%	4h	85.788	+0.021%	$89K	$200K	10x	as long as short