CRWV Funding Rate — perpetuals across 12 venues
TradFi perpetual · compared across 12 venues · net of estimated fees · updated every few minutes
CRWV is an equity-linked perpetual referencing CRWV, traded on-chain (not a tokenized xStock). Perpia compares its annualized funding across venues and the best delta-neutral spread.
Live annualized CRWV perpetual funding across all 12 venues Perpia tracks. Right now CRWV funding is positive on 3 and negative on 1, ranging from +56.8% on trade.xyz to -3.0% on KuCoin — a spread of 59.8%. The widest delta-neutral trade is long KuCoin / short trade.xyz at 54.0% net APR.
CRWV funding trend & liquidity
169h of historyAverages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.
CRWV funding rate by venue
20 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| trade.xyz↗ | +56.8% | 1h |
| Hyperliquid↗ | +5.5% | 1h |
| Arcus↗ | +4.2% | 1h |
| Extended↗ | +0.0% | 1h |
| Variational↗ | +0.0% | 8h |
| Gate.io↗ | +0.0% | 8h |
| Bybit↗ | +0.0% | 8h |
| Bitget↗ | +0.0% | 8h |
| OKX↗ | +0.0% | 8h |
| Ostium↗ | +0.0% | 1h |
| Aster↗ | +0.0% | 8h |
| KuCoin↗ | -3.0% | 8h |
Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the KuCoin vs trade.xyz page.
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CRWV funding — FAQ
Is CRWV funding positive right now?
CRWV perpetual funding is positive on 3 of 12 venues Perpia tracks and negative on 1. The highest is +56.8% on trade.xyz; the lowest is -3.0% on KuCoin.
What is the best CRWV funding arbitrage right now?
Go long KuCoin and short trade.xyz for about 54.0% net APR after fees — the widest delta-neutral CRWV spread Perpia currently sees.
Which exchange has the highest CRWV funding rate?
trade.xyz, at +56.8% annualized. Funding shifts continuously, so check the live table above before trading.
How CRWV funding arbitrage works
Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.
Markets related to CRWV
Markets also quoted on both KuCoin and trade.xyz — the same two exchanges you would already have funded for the CRWV trade.
See every spread between them on the KuCoin vs trade.xyz page.