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−0.0721%/8h= −78.9% APRpaid last 24h −0.157%
Price spread now: Lighter RH against edgeX+0.231%80s7-day average −0.104% · you sell dearer than you buy
Net, funding: paid 7d − costs+$24as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$330.332% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.574%+$57 on $10k
Price spread, last 4 days (all we have)−0.343%−$34 · spread now +0.231%, 7d avg −0.104%
Together, before fees+0.231%+ Points / potential airdropedgeX: Active · Lighter RH: Points live · farm board+$23 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter RH is 0.335% dearer against edgeX than usual: you sell high and buy low (spread +0.231% now, against its 7-day average of −0.104%): +$33 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 37 hours. Mind the row above: over the last 7 days funding on this pair paid +0.574%, so the current rate has only just turned against you. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX CRWVUSDC84.5150.0753pay 0.0376% / 4h3h 04m$87K$203K10x
ShortLighter RH CRWV84.7100.0032get 0.0004% / 1h4m 18s$408K$373K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against edgeX. 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
−$151.38
Price spread: +0.231% → −0.104%
$33.46
Slippage, 4 orders
−$24.22
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$151.14
Costs to cover
0.332%
Break-even
from the start
Slippage from edgeX: live order book, 47 min ago; Lighter RH: live order book, 48 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 edgeX live order book, 47 min ago6.43 bp12.5 bp −$1239.3 bp −$393doesn't fitdoesn't fit
Sell Lighter RH live order book, 48 min ago3.50 bp3.9 bp −$413.5 bp −$135doesn't fitdoesn't fit

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−0.0298%8h84.770+0.302%$1.8M$1.9M20xas long as short
Gate CRWV_USDT−0.0087%8h84.770+0.302%$5.4M$3.8M50xas long as short
Aster CRWVUSDT0.0000%8h84.885+0.438%$37K$33K20xas long as short
Extended CRWV-USD0.0000%1h84.738+0.264%$15K$240K10xas long as short
Binance CRWVUSDT0.0000%8h84.760+0.290%$9.3M$17.6M25xas long as short
OKX CRWV-USDT-SWAP0.0000%8h84.720+0.243%$2.4M$5.1M25xas long as short
Variational Omni CRWV0.0000%8h84.745+0.273%$305K$303Kas long as short
GRVT CRWV_USDT_Perp0.0000%8h84.648+0.158%$2K$192K10xas long as short
SunX CRWV-USDT0.0000%8h84.640+0.148%$1K$4.4M10xas long as short
HTX CRWV-USDT0.0000%8h84.670+0.184%$138K$2K20xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin CRWV-USDT+0.0023%8h84.670+0.184%$158K$67K20xas long as short
QFEX CRWV-USD+0.0025%1h84.690+0.207%$1.3M$2.5M10xas long as short
Lighter CRWV+0.0032%1h84.700+0.219%$96K$37K10xas long as short
Lighter RH CRWVshort+0.0032%1h84.710+0.231%$408K$373K10x
Arcus CRWV-USD+0.0040%1h84.620+0.124%$63K$79K10xas long as short
Vest CRWV-USD-PERP+0.0046%1h84.670+0.184%$176K10xas long as short
tradeXYZ xyz:CRWV+0.0050%1h84.693+0.211%$9.2M$8.1M10xas long as short
Polymarket Perps CRWV-USD+0.0050%1h84.695+0.213%$80K$306K10xas long as short
Ondo Perps CRWV-USD.P+0.0050%1h84.530+0.018%$310K$159K10xas long as short
Bybit CRWVUSDT+0.0087%8h84.730+0.255%$2.1M$1.1M25xas long as short
Phoenix CRWV+0.0093%1h84.610+0.113%$1K$45K10xas long as short
KuCoin CRWVUSDTM+0.0100%8h84.700+0.219%$357K$528K20xas long as short
edgeX CRWVUSDClong+0.0753%4h84.515long leg$87K$203K10x