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

CRWV

RWAall CRWV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0462%/8h= +50.6% APRpaid last 24h −0.074%
Price spread now: Lighter RH against Gate−0.012%7-day average −0.083% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$380.381% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.313%−$31 on $10k
Price spread, last 4 days (all we have)−0.140%−$14 · spread now −0.012%, 7d avg −0.083%
Together, before fees−0.452%+ Points / potential airdropLighter RH: Points live · farm board−$45 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Lighter RH is 0.071% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.083%. Mind the row above: over the last 7 days funding on this pair cost −0.313%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.313% in total (about -16.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate CRWV_USDT84.270−0.0430get 0.0430% / 8h7m 32s$5.2M$4.3M50x
ShortLighter RH CRWV84.2600.0032get 0.0004% / 1h7m 32s$397K$410K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Gate. 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
$97.02
Price spread: −0.012% → −0.083%
$7.11
Slippage, 4 orders
−$23.11
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Lighter RH: 0 bp × 2 orders
$0
Net
$66.02
Costs to cover
0.381%
Break-even
2.2 days
Slippage from Gate: live order book, 1 min ago; Lighter RH: live order book, 30 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 Gate live order book, 1 min ago2.96 bp15.9 bp −$1637.6 bp −$37672.9 bp −$7,294doesn't fit
Sell Lighter RH live order book, 30 min ago2.96 bp3.7 bp −$416.0 bp −$160doesn'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
Gate CRWV_USDTlong−0.0430%8h84.270long leg$5.2M$4.3M50x
Bitget CRWVUSDT−0.0394%8h84.320+0.059%$1.8M$2.0M20xas long as short
BloFin CRWV-USDT−0.0004%8h84.370+0.119%$153K$65K20xas long as short
Aster CRWVUSDT0.0000%8h84.285+0.018%$37K$34K20xas long as short
Extended CRWV-USD0.0000%1h84.264−0.008%$15K$260K10xas long as short
Binance CRWVUSDT0.0000%8h84.282+0.014%$9.3M$18.4M25xas long as short
Bybit CRWVUSDT0.0000%8h84.2700.000%$1.9M$1.3M25xas long as short
OKX CRWV-USDT-SWAP0.0000%8h84.260−0.012%$2.3M$5.2M25xas long as short
Variational Omni CRWV0.0000%8h84.384+0.136%$295K$285Kas long as short
GRVT CRWV_USDT_Perp0.0000%8h84.406+0.161%$2K$189K10xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX CRWV-USDT0.0000%8h84.260−0.012%$2K$4.2M10xas long as short
HTX CRWV-USDT0.0000%8h84.430+0.190%$132K$14K20xas long as short
QFEX CRWV-USD+0.0012%1h84.2700.000%$1.3M$2.4M10xas long as short
Lighter CRWV+0.0032%1h84.260−0.012%$102K$48K10xas long as short
Lighter RH CRWVshort+0.0032%1h84.260−0.012%$397K$410K10x
Arcus CRWV-USD+0.0040%1h84.320+0.059%$63K$78K10xas long as short
edgeX CRWVUSDC+0.0045%4h84.387+0.139%$87K$203K10xas long as short
Vest CRWV-USD-PERP+0.0046%1h84.260−0.012%$184K10xas long as short
Polymarket Perps CRWV-USD+0.0050%1h84.216−0.064%$73K$307K10xas long as short
Ondo Perps CRWV-USD.P+0.0050%1h84.290+0.024%$309K$165K10xas long as short
Phoenix CRWV+0.0095%1h84.380+0.131%$2K$41K10xas long as short
KuCoin CRWVUSDTM+0.0100%8h84.300+0.036%$354K$571K20xas long as short
tradeXYZ xyz:CRWV+0.0238%1h84.2700.000%$9.2M$8.3M10xas long as short