Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.020%

Price spread now: KuCoin against Lighter RH0.000%7-day average +0.056% · you sell dearer than you buy

Net, funding: paid 7d − costs−$271as in the Funding arb table

Net, price: spread back to 7d avg − costs−$291as in the Price arb table

costs, in and out, $10k−$2852.854% of the position

Long on Lighter RH Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.142%+$14 on $10k

Price spread, last 4 days (all we have)+0.159%+$16 · spread now 0.000%, 7d avg +0.056%

Together, before fees+0.301%+ Points / potential airdropLighter RH: Points live · farm board+$30 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.056% cheaper against Lighter RH than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.056%). If the spread goes back, that is −$6 on $10k: about 2.8 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH CRWV	86.350	0.0032	pay 0.0004% / 1h	13m 53s	$424K	$445K	10x
Short	KuCoin CRWVUSDTM	86.350	0.0100	get 0.0100% / 8h	13m 53s	$365K	$516K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: $14.28
Price spread: 0.000% → +0.056%: −$5.62
Slippage, 4 orders: −$273.38
Fee Lighter RH: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$276.72
Costs to cover: 2.854%
Break-even: 142.6 days

Slippage from Lighter RH: live order book, 63 min ago; KuCoin: live order book, 49 min ago.

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, 63 min ago	1.75 bp	2.6 bp −$3	6.2 bp −$62	doesn't fit	doesn't fit
Sell KuCoin live order book, 49 min ago	4.07 bp	185.6 bp −$186	doesn't fit	doesn't fit	doesn't fit

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	−0.0009%	8h	86.460	+0.127%	$171K	$69K	20x	as long as short
Aster CRWVUSDT	0.0000%	8h	86.498	+0.171%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	86.370	+0.023%	$2.7M	$4.6M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	86.330	−0.023%	$5.6M	$4.0M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	86.340	−0.012%	$2.3M	$2.0M	20x	as long as short
Variational Omni CRWV	0.0000%	8h	86.392	+0.049%	$315K	$391K	—	as long as short
SunX CRWV-USDT	0.0000%	8h	86.250	−0.116%	$1K	$5.3M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	86.450	+0.116%	$141K	$2K	20x	as long as short
Lighter CRWV	+0.0032%	1h	86.430	+0.093%	$105K	$32K	10x	as long as short
Lighter RH CRWVlong	+0.0032%	1h	86.350	long leg	$424K	$445K	10x

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CRWV-USD	+0.0037%	1h	86.330	−0.023%	$1.4M	$3.3M	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	86.460	+0.127%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	86.340	−0.012%	$333K	$217K	10x	as long as short
GRVT CRWV_USDT_Perp	+0.0060%	8h	86.390	+0.046%	$2K	$205K	10x	as long as short
Binance CRWVUSDT	+0.0088%	8h	86.341	−0.011%	$9.7M	$18.0M	25x	as long as short
Extended CRWV-USD	+0.0088%	1h	86.314	−0.042%	$14K	$228K	10x	as long as short
KuCoin CRWVUSDTMshort	+0.0100%	8h	86.350	0.000%	$365K	$516K	20x
Phoenix CRWV	+0.0186%	1h	86.420	+0.081%	$1K	$44K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0196%	1h	86.343	−0.008%	$9.6M	$7.6M	10x	as long as short
Bybit CRWVUSDT	+0.0210%	8h	86.390	+0.046%	$2.2M	$1.2M	25x	as long as short
Polymarket Perps CRWV-USD	+0.0314%	1h	86.396	+0.053%	$61K	$210K	10x	as long as short
edgeX CRWVUSDC	+0.0363%	4h	86.406	+0.064%	$89K	$202K	10x	as long as short
Arcus CRWV-USD	+0.0456%	1h	86.330	−0.023%	$62K	$76K	10x	as long as short