Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%

Price spread now: Aster against Lighter RH+0.206%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Lighter RH Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter RH: Points live · Aster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.206% dearer against Lighter RH than usual: you sell high and buy low (spread +0.206% now, against zero (this spread has no 7-day history yet)): +$21 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 21 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH CRWV	86.290	0.0032	pay 0.0004% / 1h	12m 17s	$424K	$445K	10x
Short	Aster CRWVUSDT	86.468	0	get 0.0000% / 8h	12m 17s	$37K	$35K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Lighter RH. 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

Position, each leg$Hold fordaysFee Lighter RHbpFee AsterbpOrdersPrice spread, now +0.206%Rate

Funding earned: −$6.72
Price spread: +0.206% → 0.000%: $20.58
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: $5.86
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Lighter RH: live order book, 65 min ago; Aster: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Lighter RH live order book, 65 min ago	1.75 bp	2.6 bp −$3	6.2 bp −$62	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin CRWV-USDT	−0.0030%	8h	86.460	+0.197%	$171K	$69K	20x	as long as short
Aster CRWVUSDTshort	0.0000%	8h	86.468	+0.206%	$37K	$35K	20x
OKX CRWV-USDT-SWAP	0.0000%	8h	86.370	+0.093%	$2.7M	$4.6M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	86.290	0.000%	$5.6M	$4.0M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	86.300	+0.012%	$2.3M	$2.0M	20x	as long as short
Variational Omni CRWV	0.0000%	8h	86.392	+0.119%	$315K	$391K	—	as long as short
SunX CRWV-USDT	0.0000%	8h	86.210	−0.093%	$1K	$5.3M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	86.450	+0.185%	$141K	$2K	20x	as long as short
edgeX CRWVUSDC	+0.0018%	4h	86.374	+0.097%	$89K	$202K	10x	as long as short
Lighter CRWV	+0.0032%	1h	86.360	+0.081%	$105K	$32K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH CRWVlong	+0.0032%	1h	86.290	long leg	$424K	$445K	10x
QFEX CRWV-USD	+0.0037%	1h	86.280	−0.012%	$1.3M	$3.3M	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	86.420	+0.151%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	86.280	−0.012%	$333K	$218K	10x	as long as short
GRVT CRWV_USDT_Perp	+0.0060%	8h	86.390	+0.116%	$2K	$205K	10x	as long as short
Extended CRWV-USD	+0.0096%	1h	86.286	−0.004%	$14K	$228K	10x	as long as short
Binance CRWVUSDT	+0.0098%	8h	86.303	+0.015%	$9.6M	$18.0M	25x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	86.300	+0.012%	$365K	$516K	20x	as long as short
Phoenix CRWV	+0.0186%	1h	86.350	+0.070%	$1K	$44K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0193%	1h	86.269	−0.024%	$9.6M	$7.6M	10x	as long as short
Bybit CRWVUSDT	+0.0209%	8h	86.320	+0.035%	$2.2M	$1.2M	25x	as long as short
Polymarket Perps CRWV-USD	+0.0311%	1h	86.333	+0.050%	$61K	$212K	10x	as long as short
Arcus CRWV-USD	+0.0456%	1h	86.280	−0.012%	$62K	$76K	10x	as long as short