Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%

Price spread now: Lighter RH against Aster−0.038%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 RH

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 RH: Points live · farm boardneeds both histories

Funding pays, the price is against you. Lighter RH is 0.038% cheaper against Aster than usual: you would sell low and buy high (spread −0.038% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 4.0 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	83.692	0	get 0.0000% / 8h	7h 21m	$36K	$34K	20x
Short	Lighter RH CRWV	83.660	0.0032	get 0.0004% / 1h	21m 56s	$372K	$450K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH 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 Lighter RHbpOrdersPrice spread, now −0.038%Rate

Funding earned: $6.72
Price spread: −0.038% → 0.000%: −$3.8
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$5.08
Costs to cover: 0.080%
Break-even: 12.3 days

Slippage unknown: Aster: no order-book sample; Lighter RH: live order book, 10 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 RH live order book, 10 min ago	4.80 bp	5.7 bp −$6	15.9 bp −$159	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	−0.0243%	8h	83.750	+0.070%	$1.8M	$1.9M	20x	as long as short
GRVT CRWV_USDT_Perp	−0.0045%	8h	83.379	−0.373%	$2K	$186K	10x	as long as short
Aster CRWVUSDTlong	0.0000%	8h	83.692	long leg	$36K	$34K	20x
Extended CRWV-USD	0.0000%	1h	83.693	+0.002%	$16K	$264K	10x	as long as short
Binance CRWVUSDT	0.0000%	8h	83.741	+0.059%	$9.3M	$19.5M	25x	as long as short
Bybit CRWVUSDT	0.0000%	8h	83.700	+0.010%	$1.9M	$1.3M	25x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	83.800	+0.129%	$2.2M	$5.5M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	83.710	+0.022%	$5.2M	$4.5M	50x	as long as short
Variational Omni CRWV	0.0000%	8h	83.279	−0.493%	$291K	$264K	—	as long as short
SunX CRWV-USDT	0.0000%	8h	83.710	+0.022%	$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
HTX CRWV-USDT	0.0000%	8h	83.630	−0.074%	$131K	$15K	20x	as long as short
BloFin CRWV-USDT	+0.0028%	8h	83.560	−0.157%	$152K	$63K	20x	as long as short
Lighter CRWV	+0.0032%	1h	83.600	−0.110%	$101K	$37K	10x	as long as short
Lighter RH CRWVshort	+0.0032%	1h	83.660	−0.038%	$372K	$450K	10x
QFEX CRWV-USD	+0.0033%	1h	83.660	−0.038%	$1.3M	$2.4M	10x	as long as short
Arcus CRWV-USD	+0.0040%	1h	83.640	−0.062%	$61K	$60K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	83.600	−0.110%	—	$198K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0050%	1h	83.647	−0.053%	$9.0M	$8.7M	10x	as long as short
Polymarket Perps CRWV-USD	+0.0050%	1h	83.605	−0.104%	$73K	$237K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	83.350	−0.408%	$305K	$166K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	83.570	−0.145%	$351K	$601K	20x	as long as short
Phoenix CRWV	+0.0285%	1h	83.500	−0.229%	$2K	$40K	10x	as long as short
edgeX CRWVUSDC	+0.0959%	4h	83.340	−0.420%	$86K	$203K	10x	as long as short