Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.029%

Price spread now: Aster against tradeXYZ+0.162%7-day average — · you sell dearer than you buy

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

Long on tradeXYZ Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdroptradeXYZ: Active · Aster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.162% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.162% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 11 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:CRWV	85.913	0.0050	pay 0.0006% / 1h	32m 54s	$9.5M	$8.0M	10x
Short	Aster CRWVUSDT	86.053	0	get 0.0000% / 8h	4h 32m	$37K	$35K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against tradeXYZ. 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 tradeXYZbpFee AsterbpOrdersPrice spread, now +0.162%Rate

Funding earned: −$10.5
Price spread: +0.162% → 0.000%: $16.25
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Aster: 4 bp × 2 orders: −$8
Net: −$20.25
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 6 min ago; Aster: 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 tradeXYZ live order book, 6 min ago	0.70 bp	13.7 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: 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 CRWVUSDTshort	0.0000%	8h	86.053	+0.162%	$37K	$35K	20x
OKX CRWV-USDT-SWAP	0.0000%	8h	85.940	+0.031%	$2.5M	$4.8M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	85.970	+0.066%	$5.5M	$3.8M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	85.940	+0.031%	$1.9M	$2.1M	20x	as long as short
Variational Omni CRWV	0.0000%	8h	85.910	−0.004%	$313K	$299K	—	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	85.905	−0.009%	$2K	$193K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	85.880	−0.038%	$1K	$4.6M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	86.010	+0.113%	$141K	$2K	20x	as long as short
BloFin CRWV-USDT	+0.0007%	8h	85.970	+0.066%	$164K	$67K	20x	as long as short
Extended CRWV-USD	+0.0008%	1h	85.958	+0.052%	$14K	$306K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CRWV-USD	+0.0010%	1h	85.930	+0.020%	$1.3M	$2.7M	10x	as long as short
Binance CRWVUSDT	+0.0012%	8h	85.980	+0.078%	$9.5M	$17.1M	25x	as long as short
Lighter CRWV	+0.0032%	1h	85.990	+0.090%	$103K	$32K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	85.940	+0.031%	$418K	$348K	10x	as long as short
Arcus CRWV-USD	+0.0040%	1h	85.870	−0.050%	$64K	$79K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	86.000	+0.101%	—	$156K	10x	as long as short
tradeXYZ xyz:CRWVlong	+0.0050%	1h	85.913	long leg	$9.5M	$8.0M	10x
Polymarket Perps CRWV-USD	+0.0050%	1h	85.934	+0.024%	$85K	$289K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	85.880	−0.038%	$322K	$145K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	85.920	+0.008%	$363K	$521K	20x	as long as short
Bybit CRWVUSDT	+0.0143%	8h	85.970	+0.066%	$2.2M	$1.1M	25x	as long as short
edgeX CRWVUSDC	+0.0152%	4h	85.893	−0.023%	$88K	$203K	10x	as long as short
Phoenix CRWV	+0.0186%	1h	85.880	−0.038%	$1K	$46K	10x	as long as short