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 +0.006%
Price spread now: Ondo Perps against Lighter−0.094%7-day average −0.027% · 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+0.058%+$6 on $10k
Price spread, last 4 days (all we have)+0.164%+$16 · spread now −0.094%, 7d avg −0.027%
Together, before fees+0.223%+ Points / potential airdropLighter: Season 3 · Ondo Perps: Active · farm board+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.067% cheaper against Lighter than usual: you would sell low and buy high (spread −0.094% now, against its 7-day average of −0.027%). If the spread goes back, that is −$7 on $10k: about 12 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter CRWV85.3400.0032pay 0.0004% / 1h38m 09s$102K$29K10x
ShortOndo Perps CRWV-USD.P85.2600.0050get 0.0006% / 1h38m 09s$320K$147K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
$3.86
Price spread: −0.094% → −0.027%
−$6.71
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$7.84
Costs to cover
0.050%
Break-even
21.2 days
Slippage unknown: Lighter: live order book, 61 min ago; Ondo Perps: no order-book sample. 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 live order book, 61 min ago11.63 bp11.6 bp −$1213.8 bp −$138doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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
BloFin CRWV-USDT−0.0008%8h85.330−0.012%$163K$67K20xas long as short
Aster CRWVUSDT0.0000%8h85.478+0.162%$37K$33K20xas long as short
Extended CRWV-USD0.0000%1h85.254−0.101%$19K$301K10xas long as short
Binance CRWVUSDT0.0000%8h85.260−0.094%$9.4M$17.3M25xas long as short
OKX CRWV-USDT-SWAP0.0000%8h85.210−0.152%$2.5M$4.9M25xas long as short
Gate CRWV_USDT0.0000%8h85.280−0.070%$5.4M$3.7M50xas long as short
Bitget CRWVUSDT0.0000%8h85.270−0.082%$1.8M$2.1M20xas long as short
Variational Omni CRWV0.0000%8h85.375+0.041%$312K$299Kas long as short
GRVT CRWV_USDT_Perp0.0000%8h85.410+0.082%$2K$192K10xas long as short
SunX CRWV-USDT0.0000%8h85.220−0.141%$2K$4.5M10xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX CRWV-USDT0.0000%8h85.360+0.023%$140K$2K20xas long as short
QFEX CRWV-USD+0.0025%1h85.210−0.152%$1.3M$2.5M10xas long as short
Lighter CRWVlong+0.0032%1h85.340long leg$102K$29K10x
Lighter RH CRWV+0.0032%1h85.250−0.105%$414K$355K10xas long as short
Arcus CRWV-USD+0.0040%1h85.3400.000%$64K$78K10xas long as short
Vest CRWV-USD-PERP+0.0046%1h85.260−0.094%$156K10xas long as short
tradeXYZ xyz:CRWV+0.0050%1h85.237−0.121%$9.4M$8.0M10xas long as short
Polymarket Perps CRWV-USD+0.0050%1h85.235−0.123%$85K$298K10xas long as short
Ondo Perps CRWV-USD.Pshort+0.0050%1h85.260−0.094%$320K$147K10x
Phoenix CRWV+0.0093%1h85.410+0.082%$1K$45K10xas long as short
Bybit CRWVUSDT+0.0099%8h85.280−0.070%$2.1M$1.1M25xas long as short
KuCoin CRWVUSDTM+0.0100%8h85.240−0.117%$361K$519K20xas long as short
edgeX CRWVUSDC+0.0679%4h85.398+0.068%$88K$202K10xas long as short