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−0.0032%/8h= −3.5% APRpaid last 24h +0.074%
Price spread now: Gate against Lighter−0.058%7-day average +0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$560.556% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.316%+$32 on $10k
Price spread, last 4 days (all we have)+0.279%+$28 · spread now −0.058%, 7d avg +0.067%
Together, before fees+0.595%+ Points / potential airdropLighter: Season 3 · farm board+$60 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.125% cheaper against Lighter than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.067%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.316%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter CRWV85.5600.0032pay 0.0004% / 1h42m 59s$102K$29K10x
ShortGate CRWV_USDT85.5100get 0.0000% / 8h3h 42m$5.4M$3.7M50x

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: −0.058% → +0.067%
−$12.54
Slippage, 4 orders
−$40.6
Fee Lighter: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$74.85
Costs to cover
0.556%
Break-even
never at this rate
Slippage from Lighter: live order book, 56 min ago; Gate: live order book, just now.

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, 56 min ago11.63 bp11.6 bp −$1213.8 bp −$138doesn't fitdoesn't fit
Sell Gate live order book, just now3.51 bp13.3 bp −$1338.9 bp −$38973.6 bp −$7,365doesn'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
Aster CRWVUSDT0.0000%8h85.669+0.128%$37K$33K20xas long as short
Extended CRWV-USD0.0000%1h85.475−0.100%$19K$301K10xas long as short
Binance CRWVUSDT0.0000%8h85.500−0.070%$9.4M$17.3M25xas long as short
OKX CRWV-USDT-SWAP0.0000%8h85.440−0.140%$2.5M$4.9M25xas long as short
Gate CRWV_USDTshort0.0000%8h85.510−0.058%$5.4M$3.7M50x
Bitget CRWVUSDT0.0000%8h85.5600.000%$1.9M$2.1M20xas long as short
Variational Omni CRWV0.0000%8h85.565+0.006%$312K$299Kas long as short
GRVT CRWV_USDT_Perp0.0000%8h85.527−0.038%$2K$192K10xas long as short
SunX CRWV-USDT0.0000%8h85.430−0.152%$1K$4.5M10xas long as short
HTX CRWV-USDT0.0000%8h85.520−0.047%$140K$2K20xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin CRWV-USDT+0.0006%8h85.490−0.082%$163K$67K20xas long as short
QFEX CRWV-USD+0.0025%1h85.490−0.082%$1.3M$2.5M10xas long as short
Lighter CRWVlong+0.0032%1h85.560long leg$102K$29K10x
Lighter RH CRWV+0.0032%1h85.470−0.105%$415K$355K10xas long as short
Arcus CRWV-USD+0.0040%1h85.470−0.105%$64K$78K10xas long as short
Vest CRWV-USD-PERP+0.0046%1h85.540−0.023%$156K10xas long as short
Polymarket Perps CRWV-USD+0.0050%1h85.476−0.098%$85K$298K10xas long as short
Ondo Perps CRWV-USD.P+0.0050%1h85.360−0.234%$321K$147K10xas long as short
tradeXYZ xyz:CRWV+0.0057%1h85.482−0.091%$9.4M$8.0M10xas long as short
Phoenix CRWV+0.0093%1h85.540−0.023%$1K$45K10xas long as short
KuCoin CRWVUSDTM+0.0100%8h85.430−0.152%$362K$518K20xas long as short
Bybit CRWVUSDT+0.0113%8h85.520−0.047%$2.1M$1.1M25xas long as short
edgeX CRWVUSDC+0.0522%4h85.537−0.027%$88K$204K10xas long as short