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−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: SunX against Lighter−0.070%7-day average +0.017% · 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−0.064%−$6 on $10k
Price spread, last 4 days (all we have)−0.090%−$9 · spread now −0.070%, 7d avg +0.017%
Together, before fees−0.154%+ Points / potential airdropLighter: Season 3 · farm board−$15 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 SunX is 0.086% cheaper against Lighter than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.017%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter CRWV85.7800.0032pay 0.0004% / 1h10m 40s$103K$32K10x
ShortSunX CRWV-USDT85.7200get 0.0000% / 8h4h 10m$1K$4.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: −0.070% → +0.017%
−$8.65
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
−$23.37
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 29 min ago; SunX: live order book, 8 min ago. 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, 29 min ago11.63 bp11.6 bp −$1213.8 bp −$138doesn't fitdoesn't fit
Sell SunX live order book, 8 min ago500.52 bpdoesn't fitdoesn't fitdoesn'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
Aster CRWVUSDT0.0000%8h85.894+0.133%$37K$33K20xas long as short
Extended CRWV-USD0.0000%1h85.746−0.040%$19K$307K10xas long as short
Binance CRWVUSDT0.0000%8h85.768−0.014%$9.5M$17.0M25xas long as short
OKX CRWV-USDT-SWAP0.0000%8h85.770−0.012%$2.5M$4.8M25xas long as short
Gate CRWV_USDT0.0000%8h85.800+0.023%$5.5M$3.8M50xas long as short
Bitget CRWVUSDT0.0000%8h85.760−0.023%$1.9M$2.1M20xas long as short
Variational Omni CRWV0.0000%8h85.764−0.018%$313K$299Kas long as short
GRVT CRWV_USDT_Perp0.0000%8h85.822+0.049%$2K$193K10xas long as short
SunX CRWV-USDTshort0.0000%8h85.720−0.070%$1K$4.5M10x
HTX CRWV-USDT0.0000%8h85.800+0.023%$140K$2K20xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin CRWV-USDT+0.0007%8h85.730−0.058%$164K$67K20xas long as short
QFEX CRWV-USD+0.0010%1h85.760−0.023%$1.4M$2.6M10xas long as short
Lighter CRWVlong+0.0032%1h85.780long leg$103K$32K10x
Lighter RH CRWV+0.0032%1h85.720−0.070%$419K$351K10xas long as short
Arcus CRWV-USD+0.0040%1h85.740−0.047%$64K$79K10xas long as short
Vest CRWV-USD-PERP+0.0046%1h85.790+0.012%$156K10xas long as short
tradeXYZ xyz:CRWV+0.0050%1h85.722−0.068%$9.5M$8.0M10xas long as short
Polymarket Perps CRWV-USD+0.0050%1h85.740−0.047%$84K$291K10xas long as short
Ondo Perps CRWV-USD.P+0.0050%1h85.740−0.047%$322K$147K10xas long as short
edgeX CRWVUSDC+0.0051%4h85.840+0.070%$88K$204K10xas long as short
KuCoin CRWVUSDTM+0.0100%8h85.710−0.082%$362K$520K20xas long as short
Bybit CRWVUSDT+0.0134%8h85.7800.000%$2.2M$1.1M25xas long as short
Phoenix CRWV+0.0186%1h85.760−0.023%$1K$46K10xas long as short