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+0.0050%/8h= +5.5% APRpaid last 24h +0.049%
Price spread now: Polymarket Perps against HTX−0.037%7-day average −0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$390.394% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.326%+$33 on $10k
Price spread, last 4 days (all we have)+0.073%+$7 · spread now −0.037%, 7d avg −0.082%
Together, before fees+0.399%+$40 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 Polymarket Perps is 0.044% dearer against HTX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.082%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX CRWV-USDT85.9400get 0.0000% / 8h4h 37m$140K$2K20x
ShortPolymarket Perps CRWV-USD85.9080.0050get 0.0006% / 1h37m 34s$85K$289K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against HTX. 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
$10.5
Price spread: −0.037% → −0.082%
$4.44
Slippage, 4 orders
−$19.45
Fee HTX: 6 bp × 2 orders
−$12
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$24.51
Costs to cover
0.394%
Break-even
23.3 days
Slippage from HTX: live order book, 19 min ago; Polymarket Perps: live order book, 20 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 HTX live order book, 19 min ago3.49 bp12.2 bp −$1232.4 bp −$324doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 20 min ago3.14 bp7.2 bp −$77.8 bp −$78doesn'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%8h86.029+0.104%$37K$35K20xas long as short
OKX CRWV-USDT-SWAP0.0000%8h85.910−0.035%$2.5M$4.8M25xas long as short
Gate CRWV_USDT0.0000%8h85.950+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%8h85.899−0.048%$313K$299Kas long as short
GRVT CRWV_USDT_Perp0.0000%8h85.900−0.047%$2K$193K10xas long as short
SunX CRWV-USDT0.0000%8h85.860−0.093%$1K$4.6M10xas long as short
HTX CRWV-USDTlong0.0000%8h85.940long leg$140K$2K20x
QFEX CRWV-USD+0.0010%1h85.890−0.058%$1.3M$2.7M10xas long as short
Binance CRWVUSDT+0.0016%8h85.930−0.011%$9.5M$17.1M25xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended CRWV-USD+0.0016%1h85.910−0.034%$14K$306K10xas long as short
BloFin CRWV-USDT+0.0021%8h85.860−0.093%$165K$67K20xas long as short
Lighter CRWV+0.0032%1h85.950+0.012%$103K$32K10xas long as short
Lighter RH CRWV+0.0032%1h85.900−0.047%$418K$347K10xas long as short
Arcus CRWV-USD+0.0040%1h85.870−0.081%$64K$79K10xas long as short
Vest CRWV-USD-PERP+0.0046%1h85.980+0.047%$156K10xas long as short
tradeXYZ xyz:CRWV+0.0050%1h85.865−0.087%$9.5M$7.9M10xas long as short
Polymarket Perps CRWV-USDshort+0.0050%1h85.908−0.037%$85K$289K10x
Ondo Perps CRWV-USD.P+0.0050%1h85.780−0.186%$322K$145K10xas long as short
edgeX CRWVUSDC+0.0073%4h85.934−0.007%$89K$202K10xas long as short
KuCoin CRWVUSDTM+0.0100%8h85.930−0.012%$364K$519K20xas long as short
Bybit CRWVUSDT+0.0151%8h85.970+0.035%$2.2M$1.1M25xas long as short
Phoenix CRWV+0.0186%1h85.880−0.070%$1K$46K10xas long as short