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

CRWV

RWAall CRWV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 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−0.105%7-day average −0.026% · 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)+0.161%+$16 · spread now −0.105%, 7d avg −0.026%
Together, before fees+0.219%+ 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 0.079% cheaper against Lighter than usual: you would sell low and buy high (spread −0.105% now, against its 7-day average of −0.026%). If the spread goes back, that is −$8 on $10k: about 14 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter CRWV85.7900.0032pay 0.0004% / 1h7m 55s$103K$32K10x
ShortOndo Perps CRWV-USD.P85.7000.0050get 0.0006% / 1h7m 55s$322K$146K10x

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: −0.105% → −0.026%
−$7.93
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
−$9.06
Costs to cover
0.050%
Break-even
23.4 days
Slippage unknown: Lighter: live order book, 31 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, 31 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
Aster CRWVUSDT0.0000%8h85.910+0.140%$37K$33K20xas long as short
Extended CRWV-USD0.0000%1h85.736−0.063%$19K$307K10xas long as short
Binance CRWVUSDT0.0000%8h85.760−0.035%$9.5M$17.0M25xas long as short
OKX CRWV-USDT-SWAP0.0000%8h85.780−0.012%$2.5M$4.8M25xas long as short
Gate CRWV_USDT0.0000%8h85.7900.000%$5.5M$3.8M50xas long as short
Bitget CRWVUSDT0.0000%8h85.760−0.035%$1.9M$2.1M20xas long as short
Variational Omni CRWV0.0000%8h85.764−0.030%$313K$299Kas long as short
GRVT CRWV_USDT_Perp0.0000%8h85.781−0.011%$2K$193K10xas long as short
SunX CRWV-USDT0.0000%8h85.700−0.105%$2K$4.5M10xas long as short
HTX CRWV-USDT0.0000%8h85.820+0.035%$140K$2K20xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin CRWV-USDT+0.0007%8h85.810+0.023%$164K$67K20xas long as short
QFEX CRWV-USD+0.0010%1h85.750−0.047%$1.3M$2.6M10xas long as short
Lighter CRWVlong+0.0032%1h85.790long leg$103K$32K10x
Lighter RH CRWV+0.0032%1h85.740−0.058%$419K$351K10xas long as short
Arcus CRWV-USD+0.0040%1h85.730−0.070%$64K$79K10xas long as short
Vest CRWV-USD-PERP+0.0046%1h85.800+0.012%$156K10xas long as short
tradeXYZ xyz:CRWV+0.0050%1h85.720−0.082%$9.5M$8.0M10xas long as short
Polymarket Perps CRWV-USD+0.0050%1h85.720−0.082%$84K$291K10xas long as short
Ondo Perps CRWV-USD.Pshort+0.0050%1h85.700−0.105%$322K$146K10x
KuCoin CRWVUSDTM+0.0100%8h85.730−0.070%$363K$520K20xas long as short
Bybit CRWVUSDT+0.0136%8h85.780−0.012%$2.2M$1.1M25xas long as short
Phoenix CRWV+0.0186%1h85.760−0.035%$1K$46K10xas long as short
edgeX CRWVUSDC+0.0392%4h85.754−0.042%$88K$202K10xas long as short