Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0342%/8h= +37.5% APRpaid last 24h +0.121%

Price spread now: edgeX against Ondo Perps+0.017%7-day average +0.117% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.666%−$67 on $10k

Price spread, last 4 days (all we have)+0.109%+$11 · spread now +0.017%, 7d avg +0.117%

Together, before fees−0.557%+ Points / potential airdropOndo Perps: Active · edgeX: Active · farm board−$56 on $10k · with fees, hour by hour

Funding pays, the price is against you. edgeX is 0.100% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.017% now, against its 7-day average of +0.117%). If the spread goes back, that is −$10 on $10k: about 23 hours of funding at the current rate (+$10 a day). Mind the row above: over the last 7 days funding on this pair cost −0.666%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps CRWV-USD.P	85.740	0.0050	pay 0.0006% / 1h	9m 34s	$322K	$147K	10x
Short	edgeX CRWVUSDC	85.754	0.0392	get 0.0196% / 4h	9m 34s	$88K	$202K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Ondo Perps. 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 Ondo PerpsbpFee edgeXbpOrdersPrice spread, now +0.017%Rate

Funding earned: $71.82
Price spread: +0.017% → +0.117%: −$10
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $47.82
Costs to cover: 0.140%
Break-even: 2.3 days

Slippage unknown: Ondo Perps: no order-book sample; edgeX: live order book, 47 min ago. Net counts fees only.

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 Ondo Perps no order-book sample	—	—	—	—	—
Sell edgeX live order book, 47 min ago	6.98 bp	13.3 bp −$13	42.2 bp −$422	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster CRWVUSDT	0.0000%	8h	85.903	+0.190%	$37K	$33K	20x	as long as short
Extended CRWV-USD	0.0000%	1h	85.756	+0.019%	$19K	$307K	10x	as long as short
Binance CRWVUSDT	0.0000%	8h	85.780	+0.047%	$9.5M	$17.0M	25x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	85.820	+0.093%	$2.5M	$4.8M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	85.790	+0.058%	$5.5M	$3.8M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	85.770	+0.035%	$1.9M	$2.1M	20x	as long as short
Variational Omni CRWV	0.0000%	8h	85.764	+0.028%	$313K	$299K	—	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	85.781	+0.047%	$2K	$193K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	85.720	−0.023%	$2K	$4.5M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	85.800	+0.070%	$140K	$2K	20x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin CRWV-USDT	+0.0007%	8h	85.730	−0.012%	$164K	$67K	20x	as long as short
QFEX CRWV-USD	+0.0010%	1h	85.760	+0.023%	$1.3M	$2.6M	10x	as long as short
Lighter CRWV	+0.0032%	1h	85.790	+0.058%	$103K	$32K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	85.720	−0.023%	$419K	$351K	10x	as long as short
Arcus CRWV-USD	+0.0040%	1h	85.740	0.000%	$64K	$79K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	85.810	+0.082%	—	$156K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0050%	1h	85.734	−0.007%	$9.5M	$8.0M	10x	as long as short
Polymarket Perps CRWV-USD	+0.0050%	1h	85.748	+0.009%	$84K	$291K	10x	as long as short
Ondo Perps CRWV-USD.Plong	+0.0050%	1h	85.740	long leg	$322K	$147K	10x
KuCoin CRWVUSDTM	+0.0100%	8h	85.730	−0.012%	$363K	$520K	20x	as long as short
Bybit CRWVUSDT	+0.0136%	8h	85.780	+0.047%	$2.2M	$1.1M	25x	as long as short
Phoenix CRWV	+0.0186%	1h	85.760	+0.023%	$1K	$46K	10x	as long as short
edgeX CRWVUSDCshort	+0.0392%	4h	85.754	+0.017%	$88K	$202K	10x