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

CRWV

RWAall CRWV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.053%
Price spread now: Gate against Lighter+0.106%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$690.693% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.273%+$27 on $10k
Price spread, last 4 days (all we have)+0.114%+$11 · spread now +0.106%, 7d avg +0.065%
Together, before fees+0.387%+ Points / potential airdropLighter: Season 3 · farm board+$39 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.041% dearer against Lighter than usual: you sell high and buy low (spread +0.106% now, against its 7-day average of +0.065%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.3 days. Mind the row above: over the last 7 days funding on this pair paid +0.273%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter CRWV84.8200.0032pay 0.0004% / 1h45m 02s$102K$36K10x
ShortGate CRWV_USDT84.9100get 0.0000% / 8h5h 45m$5.2M$4.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$6.72
Price spread: +0.106% → +0.065%
$4.13
Slippage, 4 orders
−$54.26
Fee Lighter: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$71.85
Costs to cover
0.693%
Break-even
never at this rate
Slippage from Lighter: live order book, 59 min ago; Gate: live order book, 1 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 live order book, 59 min ago11.30 bp17.6 bp −$1831.0 bp −$310doesn't fitdoesn't fit
Sell Gate live order book, 1 min ago6.48 bp22.2 bp −$2247.6 bp −$47678.9 bp −$7,893doesn't fit

CRWV on 23 exchanges

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%8h84.946+0.148%$37K$33K20xas long as short
Extended CRWV-USD0.0000%1h84.887+0.079%$15K$274K10xas long as short
Binance CRWVUSDT0.0000%8h84.917+0.115%$8.3M$22.7M25xas long as short
Bybit CRWVUSDT0.0000%8h84.930+0.130%$1.9M$1.3M25xas long as short
OKX CRWV-USDT-SWAP0.0000%8h84.920+0.118%$2.2M$5.5M25xas long as short
Gate CRWV_USDTshort0.0000%8h84.910+0.106%$5.2M$4.7M50x
Bitget CRWVUSDT0.0000%8h84.940+0.141%$1.8M$2.1M20xas long as short
Variational Omni CRWV0.0000%8h84.893+0.086%$319K$275Kas long as short
GRVT CRWV_USDT_Perp0.0000%8h85.076+0.301%$2K$170K10xas long as short
SunX CRWV-USDT0.0000%8h84.860+0.047%$1K$4.1M10xas long as short
Show all 23 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX CRWV-USDT0.0000%8h85.120+0.354%$132K$17K20xas long as short
QFEX CRWV-USD+0.0004%1h84.890+0.083%$1.3M$2.5M10xas long as short
BloFin CRWV-USDT+0.0018%8h84.850+0.035%$151K$62K20xas long as short
Lighter CRWVlong+0.0032%1h84.820long leg$102K$36K10x
Lighter RH CRWV+0.0032%1h84.870+0.059%$354K$496K10xas long as short
Arcus CRWV-USD+0.0040%1h84.750−0.083%$62K$63K10xas long as short
Vest CRWV-USD-PERP+0.0046%1h84.970+0.177%$198K10xas long as short
tradeXYZ xyz:CRWV+0.0050%1h84.920+0.118%$9.2M$8.6M10xas long as short
Polymarket Perps CRWV-USD+0.0050%1h84.890+0.083%$75K$238K10xas long as short
Ondo Perps CRWV-USD.P+0.0050%1h84.790−0.035%$238K$256K10xas long as short
KuCoin CRWVUSDTM+0.0100%8h84.910+0.106%$357K$683K20xas long as short
edgeX CRWVUSDC+0.0151%4h85.040+0.259%$88K$208K10xas long as short
Phoenix CRWV+0.0188%1h85.170+0.413%$2K$42K10xas long as short