Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%

Price spread now: Lighter against Aster−0.095%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Lighter is 0.095% cheaper against Aster than usual: you would sell low and buy high (spread −0.095% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 9.9 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster CRWVUSDT	84.520	0	get 0.0000% / 8h	6h 55m	$37K	$33K	20x
Short	Lighter CRWV	84.440	0.0032	get 0.0004% / 1h	55m 44s	$102K	$37K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Aster. 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 AsterbpFee LighterbpOrdersPrice spread, now −0.095%Rate

Funding earned: $6.72
Price spread: −0.095% → 0.000%: −$9.47
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: −$10.75
Costs to cover: 0.080%
Break-even: 18.2 days

Slippage unknown: Aster: no order-book sample; Lighter: live order book, 50 min ago. 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 Aster no order-book sample	—	—	—	—	—
Sell Lighter live order book, 50 min ago	11.32 bp	11.3 bp −$11	13.6 bp −$136	doesn't fit	doesn't fit

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
Bitget CRWVUSDT	−0.0045%	8h	84.480	−0.047%	$1.8M	$2.0M	20x	as long as short
BloFin CRWV-USDT	−0.0021%	8h	84.440	−0.095%	$151K	$62K	20x	as long as short
Aster CRWVUSDTlong	0.0000%	8h	84.520	long leg	$37K	$33K	20x
Extended CRWV-USD	0.0000%	1h	84.535	+0.017%	$14K	$267K	10x	as long as short
Binance CRWVUSDT	0.0000%	8h	84.520	0.000%	$9.3M	$19.8M	25x	as long as short
Bybit CRWVUSDT	0.0000%	8h	84.500	−0.024%	$1.9M	$1.3M	25x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	84.470	−0.059%	$2.2M	$5.4M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	84.580	+0.071%	$5.2M	$4.4M	50x	as long as short
Variational Omni CRWV	0.0000%	8h	84.678	+0.188%	$297K	$265K	—	as long as short
SunX CRWV-USDT	0.0000%	8h	84.670	+0.177%	$1K	$4.1M	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX CRWVUSDC	0.0000%	4h	84.503	−0.020%	$87K	$202K	10x	as long as short
Lighter CRWVshort	+0.0032%	1h	84.440	−0.095%	$102K	$37K	10x
Lighter RH CRWV	+0.0032%	1h	84.470	−0.059%	$371K	$450K	10x	as long as short
HTX CRWV-USDT	+0.0033%	8h	84.520	0.000%	$132K	$15K	20x	as long as short
Arcus CRWV-USD	+0.0040%	1h	84.460	−0.071%	$62K	$61K	10x	as long as short
QFEX CRWV-USD	+0.0045%	1h	84.640	+0.142%	$1.3M	$2.4M	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	84.610	+0.106%	—	$198K	10x	as long as short
Polymarket Perps CRWV-USD	+0.0050%	1h	84.649	+0.153%	$74K	$237K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	84.580	+0.071%	$311K	$170K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	84.460	−0.071%	$354K	$620K	20x	as long as short
GRVT CRWV_USDT_Perp	+0.0149%	8h	84.515	−0.006%	$2K	$177K	10x	as long as short
Phoenix CRWV	+0.0285%	1h	84.370	−0.177%	$2K	$40K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0294%	1h	84.516	−0.005%	$9.1M	$8.8M	10x	as long as short