Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0076%/8h= −8.3% APRpaid last 24h −0.014%

Price spread now: BloFin against Polymarket Perps+0.033%7-day average +0.055% · you sell dearer than you buy

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$370.365% of the position

Long on Polymarket Perps Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.147%−$15 on $10k

Price spread, last 4 days (all we have)−0.013%−$1 · spread now +0.033%, 7d avg +0.055%

Together, before fees−0.160%−$16 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.023% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.055%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps CRWV-USD	85.362	0.0050	pay 0.0006% / 1h	40m 38s	$85K	$298K	10x
Short	BloFin CRWV-USDT	85.390	−0.0026	pay 0.0026% / 8h	3h 40m	$163K	$67K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Polymarket 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 Polymarket PerpsbpFee BloFinbpOrdersPrice spread, now +0.033%Rate

Funding earned: −$15.97
Price spread: +0.033% → +0.055%: −$2.27
Slippage, 4 orders: −$16.54
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$54.78
Costs to cover: 0.365%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 11 min ago; BloFin: live order book, 49 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 Polymarket Perps live order book, 11 min ago	1.34 bp	6.6 bp −$7	8.7 bp −$87	doesn't fit	doesn't fit
Sell BloFin live order book, 49 min ago	1.74 bp	13.9 bp −$14	26.2 bp −$262	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-USDTshort	−0.0026%	8h	85.390	+0.033%	$163K	$67K	20x
Aster CRWVUSDT	0.0000%	8h	85.569	+0.243%	$37K	$33K	20x	as long as short
Extended CRWV-USD	0.0000%	1h	85.356	−0.007%	$19K	$301K	10x	as long as short
Binance CRWVUSDT	0.0000%	8h	85.376	+0.017%	$9.4M	$17.3M	25x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	85.350	−0.014%	$2.5M	$4.9M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	85.390	+0.033%	$5.4M	$3.7M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	85.390	+0.033%	$1.9M	$2.1M	20x	as long as short
Variational Omni CRWV	0.0000%	8h	85.375	+0.015%	$312K	$299K	—	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	85.527	+0.194%	$2K	$192K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	85.320	−0.049%	$1K	$4.5M	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX CRWV-USDT	0.0000%	8h	85.520	+0.185%	$140K	$2K	20x	as long as short
QFEX CRWV-USD	+0.0025%	1h	85.380	+0.021%	$1.4M	$2.5M	10x	as long as short
Lighter CRWV	+0.0032%	1h	85.480	+0.138%	$102K	$29K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	85.360	−0.002%	$414K	$355K	10x	as long as short
Arcus CRWV-USD	+0.0040%	1h	85.420	+0.068%	$64K	$78K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	85.460	+0.115%	—	$156K	10x	as long as short
Polymarket Perps CRWV-USDlong	+0.0050%	1h	85.362	long leg	$85K	$298K	10x
Ondo Perps CRWV-USD.P	+0.0050%	1h	85.450	+0.103%	$320K	$147K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0052%	1h	85.362	0.000%	$9.4M	$8.0M	10x	as long as short
Phoenix CRWV	+0.0093%	1h	85.540	+0.209%	$1K	$45K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	85.360	−0.002%	$361K	$519K	20x	as long as short
Bybit CRWVUSDT	+0.0102%	8h	85.370	+0.009%	$2.1M	$1.1M	25x	as long as short
edgeX CRWVUSDC	+0.0709%	4h	85.484	+0.143%	$88K	$202K	10x	as long as short