Settings8H · net · $10k
Funding arb · Price arb /

CRWV

RWAall CRWV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.039%
Price spread now: Polymarket Perps against Lighter RH+0.005%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs+$6as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$200.202% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.258%+$26 on $10k
Price spread, last 4 days (all we have)+0.244%+$24 · spread now +0.005%, 7d avg +0.065%
Together, before fees+0.502%+ Points / potential airdropLighter RH: Points live · farm board+$50 on $10k · with fees, hour by hour
Funding pays, the price is against you. Polymarket Perps is 0.060% cheaper against Lighter RH than usual: you would sell low and buy high (spread +0.005% now, against its 7-day average of +0.065%). If the spread goes back, that is −$6 on $10k: about 11 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.258% in total) that is about 39 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH CRWV85.0700.0032pay 0.0004% / 1h18m 53s$413K$355K10x
ShortPolymarket Perps CRWV-USD85.0740.0050get 0.0006% / 1h18m 53s$81K$305K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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

Funding earned
$3.78
Price spread: +0.005% → +0.065%
−$5.99
Slippage, 4 orders
−$12.17
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$22.37
Costs to cover
0.202%
Break-even
48.4 days
Slippage from Lighter RH: live order book, 33 min ago; Polymarket Perps: live order book, 33 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter RH live order book, 33 min ago3.50 bp4.3 bp −$410.4 bp −$104doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 33 min ago1.34 bp5.4 bp −$56.6 bp −$66doesn't fitdoesn't fit

CRWV on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CRWVUSDT−0.0091%8h85.080+0.012%$1.8M$2.0M20xas long as short
Gate CRWV_USDT−0.0046%8h85.110+0.047%$5.4M$3.7M50xas long as short
BloFin CRWV-USDT−0.0011%8h85.110+0.047%$162K$67K20xas long as short
Aster CRWVUSDT0.0000%8h85.221+0.177%$37K$33K20xas long as short
Extended CRWV-USD0.0000%1h85.067−0.003%$15K$272K10xas long as short
Binance CRWVUSDT0.0000%8h85.080+0.012%$9.3M$17.4M25xas long as short
OKX CRWV-USDT-SWAP0.0000%8h85.090+0.024%$2.4M$5.0M25xas long as short
Variational Omni CRWV0.0000%8h85.190+0.141%$311K$299Kas long as short
GRVT CRWV_USDT_Perp0.0000%8h85.185+0.136%$2K$193K10xas long as short
SunX CRWV-USDT0.0000%8h85.050−0.024%$1K$4.5M10xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX CRWV-USDT0.0000%8h85.160+0.106%$139K$2K20xas long as short
QFEX CRWV-USD+0.0025%1h85.110+0.047%$1.3M$2.5M10xas long as short
Lighter CRWV+0.0032%1h85.060−0.012%$97K$37K10xas long as short
Lighter RH CRWVlong+0.0032%1h85.070long leg$413K$355K10x
Arcus CRWV-USD+0.0040%1h85.110+0.047%$63K$79K10xas long as short
Vest CRWV-USD-PERP+0.0046%1h85.120+0.059%$156K10xas long as short
tradeXYZ xyz:CRWV+0.0050%1h85.045−0.029%$9.3M$8.1M10xas long as short
Polymarket Perps CRWV-USDshort+0.0050%1h85.074+0.005%$81K$305K10x
Ondo Perps CRWV-USD.P+0.0050%1h85.060−0.012%$319K$149K10xas long as short
Bybit CRWVUSDT+0.0090%8h85.140+0.082%$2.1M$1.1M25xas long as short
Phoenix CRWV+0.0093%1h85.090+0.024%$1K$45K10xas long as short
KuCoin CRWVUSDTM+0.0100%8h85.080+0.012%$360K$524K20xas long as short
edgeX CRWVUSDC+0.0230%4h85.172+0.120%$88K$203K10xas long as short