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

CRWV

RWAall CRWV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h +0.025%
Price spread now: BloFin against Lighter+0.036%7-day average +0.093% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.115%+$11 on $10k
Price spread, last 4 days (all we have)−0.072%−$7 · spread now +0.036%, 7d avg +0.093%
Together, before fees+0.042%+ Points / potential airdropLighter: Season 3 · farm board+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.057% cheaper against Lighter than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.093%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.115%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter CRWV84.2500.0032pay 0.0004% / 1h9m 06s$96K$35K10x
ShortBloFin CRWV-USDT84.280−0.0001pay 0.0001% / 8h2h 09m$153K$66K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
−$6.96
Price spread: +0.036% → +0.093%
−$5.72
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$24.68
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Lighter: no order-book sample; BloFin: live order book, 5 min ago. Net counts fees only.

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 no order-book sample
Sell BloFin live order book, 5 min ago1.19 bp15.4 bp −$1530.1 bp −$301doesn't fitdoesn't fit
Lighter: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CRWVUSDT−0.0882%8h84.320+0.083%$1.8M$2.0M20xas long as short
Gate CRWV_USDT−0.0190%8h84.320+0.083%$5.4M$4.1M50xas long as short
BloFin CRWV-USDTshort−0.0001%8h84.280+0.036%$153K$66K20x
Aster CRWVUSDT0.0000%8h84.318+0.081%$36K$34K20xas long as short
Extended CRWV-USD0.0000%1h84.286+0.043%$16K$241K10xas long as short
Binance CRWVUSDT0.0000%8h84.301+0.060%$9.2M$18.1M25xas long as short
OKX CRWV-USDT-SWAP0.0000%8h84.290+0.047%$2.3M$5.3M25xas long as short
Variational Omni CRWV0.0000%8h84.240−0.012%$303K$286Kas long as short
GRVT CRWV_USDT_Perp0.0000%8h84.259+0.011%$2K$191K10xas long as short
SunX CRWV-USDT0.0000%8h84.310+0.071%$2K$4.4M10xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX CRWV-USDT0.0000%8h84.430+0.214%$136K$6K20xas long as short
Bybit CRWVUSDT+0.0020%8h84.320+0.083%$2.0M$1.2M25xas long as short
QFEX CRWV-USD+0.0021%1h84.410+0.190%$1.3M$2.5M10xas long as short
Lighter CRWVlong+0.0032%1h84.250long leg$96K$35K10x
Lighter RH CRWV+0.0032%1h84.2500.000%$398K$382K10xas long as short
Arcus CRWV-USD+0.0040%1h84.190−0.071%$63K$79K10xas long as short
Vest CRWV-USD-PERP+0.0046%1h84.330+0.095%$177K10xas long as short
Polymarket Perps CRWV-USD+0.0050%1h84.342+0.109%$76K$312K10xas long as short
Ondo Perps CRWV-USD.P+0.0050%1h84.190−0.071%$310K$161K10xas long as short
tradeXYZ xyz:CRWV+0.0062%1h84.271+0.025%$9.1M$8.2M10xas long as short
KuCoin CRWVUSDTM+0.0100%8h84.230−0.024%$356K$555K20xas long as short
Phoenix CRWV+0.0189%1h84.120−0.154%$2K$45K10xas long as short
edgeX CRWVUSDC+0.0485%4h84.243−0.008%$87K$203K10xas long as short