Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: Ondo Perps against SunX0.000%7-day average −0.045% · you sell dearer than you buy

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

Long on SunX Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.122%+$12 on $10k

Price spread, last 3 days (all we have)+0.027%+$3 · spread now 0.000%, 7d avg −0.045%

Together, before fees+0.149%+ Points / potential airdropOndo Perps: Active · farm board+$15 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 Ondo Perps is 0.045% dearer against SunX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.045%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX CRWV-USDT	85.760	0	get 0.0000% / 8h	5h 47m	$2K	$4.7M	10x
Short	Ondo Perps CRWV-USD.P	85.760	0.0050	get 0.0006% / 1h	47m 55s	$331K	$132K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against SunX. 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 SunXbpFee Ondo PerpsbpOrdersPrice spread, now 0.000%Rate

Funding earned: $10.58
Price spread: 0.000% → −0.045%: $4.54
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $2.12
Costs to cover: 0.130%
Break-even: 5.6 days

Slippage unknown: SunX: live order book, 11 min ago; Ondo Perps: no order-book sample. 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 SunX live order book, 11 min ago	500.29 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

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 22 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	85.974	+0.250%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	85.850	+0.105%	$2.6M	$4.6M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	85.880	+0.140%	$5.5M	$3.9M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	85.860	+0.117%	$2.1M	$2.0M	20x	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	85.935	+0.204%	$2K	$191K	10x	as long as short
SunX CRWV-USDTlong	0.0000%	8h	85.760	long leg	$2K	$4.7M	10x
HTX CRWV-USDT	0.0000%	8h	85.930	+0.198%	$140K	$2K	20x	as long as short
Variational Omni CRWV	+0.0024%	8h	85.918	+0.185%	$314K	$309K	—	as long as short
Lighter CRWV	+0.0032%	1h	85.920	+0.187%	$104K	$29K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	85.840	+0.093%	$417K	$352K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CRWV-USD	+0.0032%	1h	85.800	+0.047%	$1.3M	$2.8M	10x	as long as short
Arcus CRWV-USD	+0.0040%	1h	85.850	+0.105%	$64K	$79K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	85.890	+0.152%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.Pshort	+0.0050%	1h	85.760	0.000%	$331K	$132K	10x
Extended CRWV-USD	+0.0096%	1h	85.816	+0.065%	$14K	$309K	10x	as long as short
Binance CRWVUSDT	+0.0097%	8h	85.840	+0.093%	$9.6M	$17.1M	25x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	85.820	+0.070%	$363K	$531K	20x	as long as short
tradeXYZ xyz:CRWV	+0.0112%	1h	85.827	+0.078%	$9.7M	$8.2M	10x	as long as short
Phoenix CRWV	+0.0187%	1h	85.920	+0.187%	$1K	$46K	10x	as long as short
Polymarket Perps CRWV-USD	+0.0219%	1h	85.872	+0.131%	$84K	$289K	10x	as long as short
Bybit CRWVUSDT	+0.0285%	8h	85.880	+0.140%	$2.2M	$1.1M	25x	as long as short
edgeX CRWVUSDC	+0.0702%	4h	85.912	+0.178%	$88K	$202K	10x	as long as short