Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0377%/8h= +41.2% APRpaid last 24h −0.054%

Price spread now: tradeXYZ against Gate−0.002%7-day average −0.106% · you buy dearer than you sell

Net, funding: paid 7d − costs−$79as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$550.554% of the position

Long on Gate Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.238%−$24 on $10k

Price spread, last 7 days−0.079%−$8 · spread now −0.002%, 7d avg −0.106%

Together, before fees−0.317%+ Points / potential airdroptradeXYZ: Active · farm board−$32 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and tradeXYZ is 0.104% dearer against Gate than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.106%. Mind the row above: over the last 7 days funding on this pair cost −0.238%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.238% in total (about -12.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate CRWV_USDT	83.970	−0.0274	get 0.0274% / 8h	1h 38m	$5.3M	$4.1M	50x
Short	tradeXYZ xyz:CRWV	83.968	0.0103	get 0.0013% / 1h	38m 06s	$9.1M	$8.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.002%Rate

Funding earned: $79.08
Price spread: −0.002% → −0.106%: $10.41
Slippage, 4 orders: −$22.45
Fee Gate: 7.5 bp × 2 orders: −$15
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: $34.04
Costs to cover: 0.554%
Break-even: 4.0 days

Slippage from Gate: live order book, 5 min ago; tradeXYZ: live order book, 10 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, 5 min ago	0.60 bp	13.3 bp −$13	40.6 bp −$406	73.4 bp −$7,338	doesn't fit
Sell tradeXYZ live order book, 10 min ago	0.54 bp	12.8 bp −$13	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	−0.0843%	8h	84.030	+0.071%	$1.8M	$2.0M	20x	as long as short
Gate CRWV_USDTlong	−0.0274%	8h	83.970	long leg	$5.3M	$4.1M	50x
BloFin CRWV-USDT	−0.0026%	8h	83.990	+0.024%	$154K	$65K	20x	as long as short
Aster CRWVUSDT	0.0000%	8h	84.003	+0.040%	$36K	$34K	20x	as long as short
Extended CRWV-USD	0.0000%	1h	83.949	−0.025%	$15K	$241K	10x	as long as short
Binance CRWVUSDT	0.0000%	8h	83.980	+0.012%	$9.1M	$18.1M	25x	as long as short
Bybit CRWVUSDT	0.0000%	8h	83.970	0.000%	$1.9M	$1.3M	25x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	83.950	−0.024%	$2.3M	$5.3M	25x	as long as short
Variational Omni CRWV	0.0000%	8h	83.985	+0.018%	$302K	$286K	—	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	83.998	+0.033%	$2K	$191K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX CRWV-USDT	0.0000%	8h	83.900	−0.083%	$1K	$4.3M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	84.000	+0.036%	$133K	$11K	20x	as long as short
QFEX CRWV-USD	+0.0021%	1h	83.960	−0.012%	$1.3M	$2.5M	10x	as long as short
Lighter CRWV	+0.0032%	1h	83.940	−0.036%	$95K	$32K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	83.950	−0.024%	$396K	$384K	10x	as long as short
Arcus CRWV-USD	+0.0040%	1h	83.960	−0.012%	$63K	$78K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	83.930	−0.048%	—	$177K	10x	as long as short
Polymarket Perps CRWV-USD	+0.0050%	1h	83.910	−0.071%	$75K	$306K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	83.980	+0.012%	$307K	$161K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	83.910	−0.071%	$353K	$562K	20x	as long as short
tradeXYZ xyz:CRWVshort	+0.0103%	1h	83.968	−0.002%	$9.1M	$8.2M	10x
Phoenix CRWV	+0.0190%	1h	83.990	+0.024%	$2K	$44K	10x	as long as short
edgeX CRWVUSDC	+0.0538%	4h	83.973	+0.003%	$86K	$202K	10x	as long as short