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

CRWV

RWAall CRWV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h +0.074%
Price spread now: Gate against Lighter RH+0.035%7-day average +0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$410.407% 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)+0.117%+$12 · spread now +0.035%, 7d avg +0.086%
Together, before fees+0.429%+ Points / potential airdropLighter RH: Points live · farm board+$43 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 0.051% cheaper against Lighter RH than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.086%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.313%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH CRWV85.8500.0032pay 0.0004% / 1h48m 44s$417K$352K10x
ShortGate CRWV_USDT85.8800get 0.0000% / 8h5h 48m$5.5M$3.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Lighter RH. 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: +0.035% → +0.086%
−$5.07
Slippage, 4 orders
−$25.68
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$52.47
Costs to cover
0.407%
Break-even
never at this rate
Slippage from Lighter RH: live order book, 14 min ago; Gate: live order book, 4 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 Lighter RH live order book, 14 min ago4.08 bp5.1 bp −$511.9 bp −$119doesn't fitdoesn't fit
Sell Gate live order book, 4 min ago4.07 bp16.5 bp −$1742.7 bp −$42780.9 bp −$8,086doesn't fit

CRWV on 22 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%8h85.969+0.139%$37K$35K20xas long as short
OKX CRWV-USDT-SWAP0.0000%8h85.8500.000%$2.6M$4.6M25xas long as short
Gate CRWV_USDTshort0.0000%8h85.880+0.035%$5.5M$3.9M50x
Bitget CRWVUSDT0.0000%8h85.860+0.012%$2.1M$2.0M20xas long as short
GRVT CRWV_USDT_Perp0.0000%8h85.935+0.099%$2K$191K10xas long as short
SunX CRWV-USDT0.0000%8h85.820−0.035%$1K$4.7M10xas long as short
HTX CRWV-USDT0.0000%8h85.930+0.093%$140K$2K20xas long as short
Variational Omni CRWV+0.0024%8h85.918+0.079%$314K$309Kas long as short
Lighter CRWV+0.0032%1h85.920+0.082%$104K$29K10xas long as short
Lighter RH CRWVlong+0.0032%1h85.850long leg$417K$352K10x
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX CRWV-USD+0.0032%1h85.880+0.035%$1.3M$2.8M10xas long as short
Arcus CRWV-USD+0.0040%1h85.870+0.023%$64K$79K10xas long as short
Vest CRWV-USD-PERP+0.0046%1h85.940+0.105%$156K10xas long as short
Ondo Perps CRWV-USD.P+0.0050%1h85.760−0.105%$331K$132K10xas long as short
Extended CRWV-USD+0.0096%1h85.817−0.039%$14K$309K10xas long as short
Binance CRWVUSDT+0.0097%8h85.840−0.012%$9.6M$17.1M25xas long as short
KuCoin CRWVUSDTM+0.0100%8h85.820−0.035%$363K$530K20xas long as short
tradeXYZ xyz:CRWV+0.0113%1h85.825−0.029%$9.7M$8.2M10xas long as short
Phoenix CRWV+0.0187%1h85.920+0.082%$1K$46K10xas long as short
Polymarket Perps CRWV-USD+0.0230%1h85.898+0.056%$85K$289K10xas long as short
Bybit CRWVUSDT+0.0285%8h85.880+0.035%$2.2M$1.1M25xas long as short
edgeX CRWVUSDC+0.0702%4h85.912+0.073%$88K$202K10xas long as short