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

CRWV

RWAall CRWV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter RH against HTX−0.070%7-day average −0.135% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$320.322% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.068%+$7 on $10k
Price spread, last 3 days (all we have)+0.018%+$2 · spread now −0.070%, 7d avg −0.135%
Together, before fees+0.086%+ Points / potential airdropLighter RH: Points live · farm board+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter RH is 0.065% dearer against HTX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.135%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX CRWV-USDT85.9600get 0.0000% / 8h5h 49m$140K$2K20x
ShortLighter RH CRWV85.9000.0032get 0.0004% / 1h49m 33s$418K$352K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against HTX. 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
$6.72
Price spread: −0.070% → −0.135%
$6.5
Slippage, 4 orders
−$20.18
Fee HTX: 6 bp × 2 orders
−$12
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$18.96
Costs to cover
0.322%
Break-even
26.7 days
Slippage from HTX: live order book, 12 min ago; Lighter RH: live order book, 13 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 HTX live order book, 12 min ago3.50 bp11.3 bp −$1129.3 bp −$293doesn't fitdoesn't fit
Sell Lighter RH live order book, 13 min ago4.08 bp4.1 bp −$414.1 bp −$141doesn't fitdoesn't fit

CRWV on 22 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
Aster CRWVUSDT0.0000%8h86.036+0.088%$37K$35K20xas long as short
OKX CRWV-USDT-SWAP0.0000%8h85.930−0.035%$2.6M$4.6M25xas long as short
Gate CRWV_USDT0.0000%8h85.940−0.023%$5.5M$3.9M50xas long as short
Bitget CRWVUSDT0.0000%8h85.900−0.070%$2.1M$2.0M20xas long as short
GRVT CRWV_USDT_Perp0.0000%8h85.935−0.029%$2K$191K10xas long as short
SunX CRWV-USDT0.0000%8h85.830−0.151%$1K$4.7M10xas long as short
HTX CRWV-USDTlong0.0000%8h85.960long leg$140K$2K20x
Variational Omni CRWV+0.0024%8h85.918−0.049%$314K$309Kas long as short
Lighter CRWV+0.0032%1h85.9600.000%$104K$29K10xas long as short
Lighter RH CRWVshort+0.0032%1h85.900−0.070%$418K$352K10x
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX CRWV-USD+0.0032%1h85.880−0.093%$1.3M$2.8M10xas long as short
Arcus CRWV-USD+0.0040%1h85.870−0.105%$64K$79K10xas long as short
Vest CRWV-USD-PERP+0.0046%1h85.970+0.012%$156K10xas long as short
Ondo Perps CRWV-USD.P+0.0050%1h85.760−0.233%$331K$132K10xas long as short
Binance CRWVUSDT+0.0099%8h85.880−0.093%$9.6M$17.1M25xas long as short
KuCoin CRWVUSDTM+0.0100%8h85.840−0.140%$364K$530K20xas long as short
Extended CRWV-USD+0.0104%1h85.867−0.108%$14K$309K10xas long as short
tradeXYZ xyz:CRWV+0.0118%1h85.872−0.102%$9.7M$8.2M10xas long as short
Phoenix CRWV+0.0187%1h85.920−0.047%$1K$46K10xas long as short
Polymarket Perps CRWV-USD+0.0236%1h85.929−0.036%$85K$289K10xas long as short
Bybit CRWVUSDT+0.0288%8h85.930−0.035%$2.2M$1.1M25xas long as short
edgeX CRWVUSDC+0.0702%4h85.912−0.055%$88K$202K10xas long as short