Settings8H · net · $10k
Funding arb · Price arb /

CRWV

RWAall CRWV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.077%
Price spread now: Bybit against Ondo Perps+0.226%7-day average +0.107% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.174%+$17 on $10k
Price spread, last 4 days (all we have)−0.178%−$18 · spread now +0.226%, 7d avg +0.107%
Together, before fees−0.004%+ Points / potential airdropOndo Perps: Active · farm board$0 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.119% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.226% now, against its 7-day average of +0.107%): +$12 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.9 days. Mind the row above: over the last 7 days funding on this pair paid +0.174%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps CRWV-USD.P84.1800.0050pay 0.0006% / 1h48m 28s$308K$163K10x
ShortBybit CRWVUSDT84.3700get 0.0000% / 8h48m 28s$1.9M$1.3M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Ondo Perps. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$10.58
Price spread: +0.226% → +0.107%
$11.91
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$14.67
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Bybit: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell Bybit live order book, 3 min ago2.37 bp15.5 bp −$1567.4 bp −$674doesn't fitdoesn't fit
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Bitget CRWVUSDT−0.0618%8h84.380+0.238%$1.8M$2.0M20xas long as short
Gate CRWV_USDT−0.0372%8h84.350+0.202%$5.3M$4.2M50xas long as short
Aster CRWVUSDT0.0000%8h84.381+0.239%$37K$34K20xas long as short
Extended CRWV-USD0.0000%1h84.357+0.211%$15K$259K10xas long as short
Binance CRWVUSDT0.0000%8h84.350+0.202%$9.1M$18.0M25xas long as short
Bybit CRWVUSDTshort0.0000%8h84.370+0.226%$1.9M$1.3M25x
OKX CRWV-USDT-SWAP0.0000%8h84.300+0.143%$2.3M$5.2M25xas long as short
Variational Omni CRWV0.0000%8h84.204+0.028%$303K$275Kas long as short
GRVT CRWV_USDT_Perp0.0000%8h84.216+0.043%$2K$190K10xas long as short
SunX CRWV-USDT0.0000%8h84.270+0.107%$1K$4.2M10xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX CRWV-USDT0.0000%8h84.260+0.095%$132K$14K20xas long as short
QFEX CRWV-USD+0.0012%1h84.330+0.178%$1.3M$2.5M10xas long as short
BloFin CRWV-USDT+0.0023%8h84.310+0.154%$154K$65K20xas long as short
Lighter CRWV+0.0032%1h84.280+0.119%$102K$48K10xas long as short
Lighter RH CRWV+0.0032%1h84.340+0.190%$403K$402K10xas long as short
Arcus CRWV-USD+0.0040%1h84.240+0.071%$63K$78K10xas long as short
Vest CRWV-USD-PERP+0.0046%1h84.290+0.131%$177K10xas long as short
tradeXYZ xyz:CRWV+0.0050%1h84.315+0.160%$9.1M$8.2M10xas long as short
Polymarket Perps CRWV-USD+0.0050%1h84.295+0.137%$75K$305K10xas long as short
Ondo Perps CRWV-USD.Plong+0.0050%1h84.180long leg$308K$163K10x
Phoenix CRWV+0.0095%1h84.210+0.036%$2K$41K10xas long as short
KuCoin CRWVUSDTM+0.0100%8h84.310+0.154%$354K$570K20xas long as short
edgeX CRWVUSDC+0.0340%4h84.204+0.029%$87K$203K10xas long as short