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+0.0705%/8h= +77.2% APRpaid last 24h +0.157%
Price spread now: edgeX against Lighter−0.103%79s7-day average +0.088% · you buy dearer than you sell
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−0.570%−$57 on $10k
Price spread, last 4 days (all we have)+0.169%+$17 · spread now −0.103%, 7d avg +0.088%
Together, before fees−0.401%+ Points / potential airdropLighter: Season 3 · edgeX: Active · farm board−$40 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.191% cheaper against Lighter than usual: you would sell low and buy high (spread −0.103% now, against its 7-day average of +0.088%). If the spread goes back, that is −$19 on $10k: about 22 hours of funding at the current rate (+$21 a day). Mind the row above: over the last 7 days funding on this pair cost −0.570%, so the current rate has only just turned in your favour. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter CRWV84.2800.0032pay 0.0004% / 1h10m 01s$96K$35K10x
ShortedgeX CRWVUSDC84.1930.0737get 0.0368% / 4h2h 10m$87K$202K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$148.01
Price spread: −0.103% → +0.088%
−$19.08
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$119.93
Costs to cover
0.090%
Break-even
1.3 days
Slippage unknown: Lighter: no order-book sample; edgeX: live order book, 37 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 edgeX live order book, 37 min ago6.50 bp11.8 bp −$1239.1 bp −$391doesn'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−0.0888%8h84.370+0.107%$1.8M$2.0M20xas long as short
Gate CRWV_USDT−0.0188%8h84.390+0.131%$5.4M$4.1M50xas long as short
BloFin CRWV-USDT−0.0022%8h84.180−0.119%$154K$66K20xas long as short
Aster CRWVUSDT0.0000%8h84.353+0.086%$36K$34K20xas long as short
Extended CRWV-USD0.0000%1h84.318+0.046%$16K$241K10xas long as short
Binance CRWVUSDT0.0000%8h84.390+0.131%$9.2M$18.1M25xas long as short
OKX CRWV-USDT-SWAP0.0000%8h84.380+0.119%$2.3M$5.3M25xas long as short
Variational Omni CRWV0.0000%8h84.240−0.047%$303K$286Kas long as short
GRVT CRWV_USDT_Perp0.0000%8h84.023−0.305%$2K$191K10xas long as short
SunX CRWV-USDT0.0000%8h84.310+0.036%$2K$4.4M10xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX CRWV-USDT0.0000%8h84.210−0.083%$136K$6K20xas long as short
QFEX CRWV-USD+0.0021%1h84.270−0.012%$1.3M$2.5M10xas long as short
Bybit CRWVUSDT+0.0022%8h84.400+0.142%$2.0M$1.2M25xas long as short
Lighter CRWVlong+0.0032%1h84.280long leg$96K$35K10x
Lighter RH CRWV+0.0032%1h84.290+0.012%$398K$382K10xas long as short
Arcus CRWV-USD+0.0040%1h84.130−0.178%$63K$79K10xas long as short
Vest CRWV-USD-PERP+0.0046%1h84.260−0.024%$177K10xas long as short
Polymarket Perps CRWV-USD+0.0050%1h84.268−0.014%$76K$312K10xas long as short
Ondo Perps CRWV-USD.P+0.0050%1h84.190−0.107%$310K$161K10xas long as short
tradeXYZ xyz:CRWV+0.0064%1h84.341+0.072%$9.1M$8.2M10xas long as short
KuCoin CRWVUSDTM+0.0100%8h84.240−0.047%$356K$555K20xas long as short
Phoenix CRWV+0.0189%1h84.120−0.190%$2K$45K10xas long as short
edgeX CRWVUSDCshort+0.0737%4h84.193−0.103%$87K$202K10x