Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%

Price spread now: Aster against Lighter RH+0.144%7-day average — · you sell dearer than you buy

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

Long on Lighter RH Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 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 RH: Points live · Aster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.144% dearer against Lighter RH than usual: you sell high and buy low (spread +0.144% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 15 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH CRWV	85.820	0.0032	pay 0.0004% / 1h	40m 20s	$417K	$356K	10x
Short	Aster CRWVUSDT	85.944	0	get 0.0000% / 8h	6h 40m	$37K	$35K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Lighter RH. 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 Lighter RHbpFee AsterbpOrdersPrice spread, now +0.144%Rate

Funding earned: −$6.72
Price spread: +0.144% → 0.000%: $14.43
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: −$0.29
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Lighter RH: live order book, 27 min ago; 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 RH live order book, 27 min ago	2.89 bp	3.7 bp −$4	8.4 bp −$84	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

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
BloFin CRWV-USDT	−0.0027%	8h	86.180	+0.419%	$171K	$68K	20x	as long as short
Aster CRWVUSDTshort	0.0000%	8h	85.944	+0.144%	$37K	$35K	20x
OKX CRWV-USDT-SWAP	0.0000%	8h	85.850	+0.035%	$2.6M	$4.6M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	85.830	+0.012%	$5.5M	$3.9M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	85.890	+0.082%	$2.2M	$1.9M	20x	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	85.962	+0.166%	$2K	$192K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	85.800	−0.023%	$1K	$4.9M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	85.860	+0.047%	$140K	$2K	20x	as long as short
edgeX CRWVUSDC	+0.0012%	4h	85.867	+0.055%	$88K	$201K	10x	as long as short
QFEX CRWV-USD	+0.0018%	1h	85.810	−0.012%	$1.3M	$3.0M	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH CRWVlong	+0.0032%	1h	85.820	long leg	$417K	$356K	10x
Arcus CRWV-USD	+0.0040%	1h	85.820	0.000%	$64K	$78K	10x	as long as short
Variational Omni CRWV	+0.0041%	8h	85.842	+0.025%	$313K	$391K	—	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	85.840	+0.023%	—	$156K	10x	as long as short
Lighter CRWV	+0.0048%	1h	85.890	+0.082%	$104K	$30K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	85.630	−0.221%	$331K	$218K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	85.770	−0.058%	$364K	$519K	20x	as long as short
Extended CRWV-USD	+0.0112%	1h	85.808	−0.014%	$19K	$309K	10x	as long as short
Binance CRWVUSDT	+0.0114%	8h	85.820	0.000%	$9.6M	$17.5M	25x	as long as short
Phoenix CRWV	+0.0278%	1h	85.890	+0.082%	$1K	$46K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0335%	1h	85.779	−0.048%	$9.9M	$8.1M	10x	as long as short
Bybit CRWVUSDT	+0.0406%	8h	85.860	+0.047%	$2.2M	$1.2M	25x	as long as short
Polymarket Perps CRWV-USD	+0.0676%	1h	85.901	+0.094%	$70K	$268K	10x	as long as short