Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0028%/8h= −3.1% APRpaid last 24h −0.009%

Price spread now: Extended against KuCoin+0.042%7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$319as in the Funding arb table

Net, price: spread back to 7d avg − costs−$303as in the Price arb table

costs, in and out, $10k−$3073.074% of the position

Long on KuCoin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.112%−$11 on $10k

Price spread, last 4 days (all we have)−0.570%−$57 · spread now +0.042%, 7d avg +0.002%

Together, before fees−0.683%+ Points / potential airdropExtended: Active · farm board−$68 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Extended is 0.040% dearer against KuCoin than usual: you sell high and buy low (spread +0.042% now, against its 7-day average of +0.002%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin CRWVUSDTM	85.860	0.0100	pay 0.0100% / 8h	5h 24m	$363K	$527K	20x
Short	Extended CRWV-USD	85.896	0.0072	get 0.0009% / 1h	24m 02s	$14K	$304K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against KuCoin. 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 KuCoinbpFee ExtendedbpOrdersPrice spread, now +0.042%Rate

Funding earned: −$5.88
Price spread: +0.042% → +0.002%: $3.96
Slippage, 4 orders: −$290.44
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$309.36
Costs to cover: 3.074%
Break-even: never at this rate

Slippage from KuCoin: live order book, 74 min ago; Extended: live order book, 38 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 KuCoin live order book, 74 min ago	9.91 bp	120.2 bp −$120	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 38 min ago	3.50 bp	13.9 bp −$14	98.3 bp −$983	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	−0.0022%	8h	85.940	+0.093%	$166K	$67K	20x	as long as short
Aster CRWVUSDT	0.0000%	8h	86.026	+0.194%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	85.950	+0.105%	$2.5M	$4.8M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	85.930	+0.082%	$5.5M	$3.9M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	85.930	+0.082%	$2.0M	$2.0M	20x	as long as short
Variational Omni CRWV	0.0000%	8h	85.892	+0.038%	$313K	$300K	—	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	85.920	+0.070%	$2K	$190K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	85.850	−0.012%	$1K	$4.6M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	85.950	+0.105%	$140K	$2K	20x	as long as short
Lighter CRWV	+0.0032%	1h	85.950	+0.105%	$103K	$30K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH CRWV	+0.0032%	1h	85.910	+0.058%	$418K	$352K	10x	as long as short
QFEX CRWV-USD	+0.0032%	1h	85.880	+0.023%	$1.3M	$2.7M	10x	as long as short
Arcus CRWV-USD	+0.0040%	1h	85.880	+0.023%	$64K	$79K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	85.930	+0.082%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	85.790	−0.082%	$329K	$136K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0052%	1h	85.878	+0.021%	$9.7M	$8.1M	10x	as long as short
Binance CRWVUSDT	+0.0071%	8h	85.925	+0.076%	$9.6M	$17.1M	25x	as long as short
Extended CRWV-USDshort	+0.0072%	1h	85.896	+0.042%	$14K	$304K	10x
KuCoin CRWVUSDTMlong	+0.0100%	8h	85.860	long leg	$363K	$527K	20x
Polymarket Perps CRWV-USD	+0.0165%	1h	85.939	+0.092%	$85K	$289K	10x	as long as short
Phoenix CRWV	+0.0187%	1h	85.860	0.000%	$1K	$46K	10x	as long as short
Bybit CRWVUSDT	+0.0219%	8h	85.940	+0.093%	$2.2M	$1.1M	25x	as long as short
edgeX CRWVUSDC	+0.0453%	4h	85.892	+0.037%	$88K	$202K	10x	as long as short