Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%

Price spread now: Aster against Lighter+0.306%7-day average — · you sell dearer than you buy

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

Long on Lighter Short on Aster

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 airdropLighter: Season 3 · Aster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.306% dearer against Lighter than usual: you sell high and buy low (spread +0.306% now, against zero (this spread has no 7-day history yet)): +$31 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 32 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter CRWV	84.050	0.0032	pay 0.0004% / 1h	33m 35s	$96K	$35K	10x
Short	Aster CRWVUSDT	84.307	0	get 0.0000% / 8h	2h 33m	$37K	$33K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Lighter. 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 LighterbpFee AsterbpOrdersPrice spread, now +0.306%Rate

Funding earned: −$6.72
Price spread: +0.306% → 0.000%: $30.57
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: $15.85
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Lighter: no order-book sample; 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 Lighter no order-book sample	—	—	—	—	—
Sell Aster no order-book sample	—	—	—	—	—

Lighter and 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	−0.0645%	8h	84.110	+0.071%	$1.8M	$1.9M	20x	as long as short
Gate CRWV_USDT	−0.0160%	8h	84.110	+0.071%	$5.3M	$3.8M	50x	as long as short
BloFin CRWV-USDT	−0.0011%	8h	84.230	+0.214%	$111K	$66K	20x	as long as short
Aster CRWVUSDTshort	0.0000%	8h	84.307	+0.306%	$37K	$33K	20x
Extended CRWV-USD	0.0000%	1h	84.058	+0.009%	$15K	$241K	10x	as long as short
Binance CRWVUSDT	0.0000%	8h	84.080	+0.036%	$9.2M	$17.8M	25x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	84.060	+0.012%	$2.3M	$5.2M	25x	as long as short
Variational Omni CRWV	0.0000%	8h	84.202	+0.181%	$303K	$286K	—	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	84.270	+0.262%	$2K	$193K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	84.110	+0.071%	$2K	$4.4M	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	84.280	+0.274%	$138K	$2K	20x	as long as short
QFEX CRWV-USD	+0.0021%	1h	84.100	+0.059%	$1.3M	$2.5M	10x	as long as short
Lighter CRWVlong	+0.0032%	1h	84.050	long leg	$96K	$35K	10x
Lighter RH CRWV	+0.0032%	1h	84.040	−0.012%	$399K	$377K	10x	as long as short
Arcus CRWV-USD	+0.0040%	1h	84.130	+0.095%	$63K	$79K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	84.130	+0.095%	—	$177K	10x	as long as short
Bybit CRWVUSDT	+0.0050%	8h	84.090	+0.048%	$2.0M	$1.2M	25x	as long as short
tradeXYZ xyz:CRWV	+0.0050%	1h	84.056	+0.007%	$9.1M	$8.2M	10x	as long as short
Polymarket Perps CRWV-USD	+0.0050%	1h	84.083	+0.039%	$75K	$312K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	84.100	+0.059%	$309K	$158K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	84.090	+0.048%	$355K	$546K	20x	as long as short
Phoenix CRWV	+0.0189%	1h	84.120	+0.083%	$1K	$45K	10x	as long as short
edgeX CRWVUSDC	+0.0621%	4h	84.221	+0.204%	$87K	$203K	10x	as long as short