Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0170%/8h= −18.6% APRpaid last 24h +0.055%

Price spread now: Gate against tradeXYZ+0.092%7-day average +0.108% · you sell dearer than you buy

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$510.506% of the position

Long on tradeXYZ Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.243%+$24 on $10k

Price spread, last 7 days+0.004%$0 · spread now +0.092%, 7d avg +0.108%

Together, before fees+0.246%+ Points / potential airdroptradeXYZ: Active · farm board+$25 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.108%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.243%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:CRWV	85.801	0.0170	pay 0.0021% / 1h	13m 22s	$9.7M	$8.2M	10x
Short	Gate CRWV_USDT	85.880	0	get 0.0000% / 8h	6h 13m	$5.5M	$4.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.092%Rate

Funding earned: −$35.64
Price spread: +0.092% → +0.108%: −$1.57
Slippage, 4 orders: −$17.55
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$87.77
Costs to cover: 0.506%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 5 min ago; Gate: live order book, 5 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 tradeXYZ live order book, 5 min ago	0.23 bp	9.2 bp −$9	13.4 bp −$134	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	5.24 bp	16.2 bp −$16	47.3 bp −$473	78.7 bp −$7,875	doesn't fit

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	86.018	+0.253%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	85.900	+0.115%	$2.6M	$4.6M	25x	as long as short
Gate CRWV_USDTshort	0.0000%	8h	85.880	+0.092%	$5.5M	$4.0M	50x
Bitget CRWVUSDT	0.0000%	8h	85.890	+0.104%	$2.2M	$1.9M	20x	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	85.898	+0.113%	$2K	$191K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	85.810	+0.010%	$1K	$4.8M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	85.950	+0.174%	$140K	$2K	20x	as long as short
QFEX CRWV-USD	+0.0018%	1h	85.860	+0.069%	$1.3M	$2.8M	10x	as long as short
edgeX CRWVUSDC	+0.0027%	4h	85.854	+0.061%	$88K	$203K	10x	as long as short
Lighter CRWV	+0.0032%	1h	85.910	+0.127%	$104K	$30K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH CRWV	+0.0032%	1h	85.860	+0.069%	$418K	$357K	10x	as long as short
Variational Omni CRWV	+0.0036%	8h	85.854	+0.062%	$313K	$309K	—	as long as short
Arcus CRWV-USD	+0.0040%	1h	85.820	+0.022%	$64K	$79K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	85.910	+0.127%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	85.840	+0.045%	$332K	$133K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	85.870	+0.080%	$363K	$529K	20x	as long as short
Extended CRWV-USD	+0.0104%	1h	85.863	+0.073%	$16K	$312K	10x	as long as short
Binance CRWVUSDT	+0.0105%	8h	85.840	+0.045%	$9.6M	$17.3M	25x	as long as short
tradeXYZ xyz:CRWVlong	+0.0170%	1h	85.801	long leg	$9.7M	$8.2M	10x
Phoenix CRWV	+0.0278%	1h	85.800	−0.001%	$1K	$46K	10x	as long as short
Bybit CRWVUSDT	+0.0313%	8h	85.890	+0.104%	$2.2M	$1.2M	25x	as long as short
Polymarket Perps CRWV-USD	+0.0589%	1h	85.904	+0.120%	$84K	$288K	10x	as long as short