Funding you earn now, next payment 05:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h −0.012%
Price spread now: Lighter against Binance+0.035%7-day average −0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$420.423% of the position
Funding, last 7 days−0.040%−$4 on $10k
+Price spread, last 4 days (all we have)−0.131%−$13 · spread now +0.035%, 7d avg −0.092%
=Together, before fees−0.170%+ Points / potential airdropLighter: Season 3 · farm board−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.128% dearer against Binance than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.092%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CRWVUSDT | 85.500 | 0 | get 0.0000% / 8h | 3h 47m | $9.5M | $17.3M | 25x |
| Short | Lighter CRWV | 85.530 | 0.0032 | get 0.0004% / 1h | 47m 06s | $102K | $29K | 10x |
Binance CRWVUSDT
Lighter CRWVFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
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% → −0.092%
- $12.75
- Slippage, 4 orders
- −$32.35
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$22.88
- Costs to cover
- 0.423%
- Break-even
- 30.8 days
Slippage from Binance: live order book, 9 min ago; Lighter: live order book, 52 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 9 min ago | 1.17 bp | 9.4 bp −$9 | 18.6 bp −$186 | 81.7 bp −$8,166 | doesn't fit |
| Sell Lighter live order book, 52 min ago | 11.63 bp | 15.1 bp −$15 | 29.2 bp −$292 | doesn't fit | doesn't fit |
CRWV on 23 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster CRWVUSDT | 0.0000% | 8h | 85.687 | +0.219% | $37K | $33K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 85.536 | +0.043% | $19K | $301K | 10x | as long as short |
| Binance CRWVUSDTlong | 0.0000% | 8h | 85.500 | long leg | $9.5M | $17.3M | 25x | |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.480 | −0.023% | $2.5M | $4.9M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.510 | +0.012% | $5.4M | $3.7M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.520 | +0.023% | $1.9M | $2.1M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 85.600 | +0.117% | $312K | $299K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.390 | −0.129% | $2K | $192K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.480 | −0.023% | $1K | $4.5M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 84.990 | −0.596% | $139K | $2K | 20x | as long as short |
Aster CRWVUSDT
Extended CRWV-USD
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
Variational Omni CRWV
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin CRWV-USDT | +0.0010% | 8h | 85.510 | +0.012% | $162K | $67K | 20x | as long as short |
| QFEX CRWV-USD | +0.0025% | 1h | 85.540 | +0.047% | $1.4M | $2.5M | 10x | as long as short |
| Lighter CRWVshort | +0.0032% | 1h | 85.530 | +0.035% | $102K | $29K | 10x | |
| Lighter RH CRWV | +0.0032% | 1h | 85.480 | −0.023% | $415K | $355K | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 85.470 | −0.035% | $64K | $78K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.560 | +0.070% | — | $156K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0050% | 1h | 85.489 | −0.013% | $9.4M | $8.0M | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 85.506 | +0.007% | $83K | $294K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.300 | −0.234% | $322K | $147K | 10x | as long as short |
| Phoenix CRWV | +0.0093% | 1h | 85.350 | −0.175% | $1K | $45K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 85.450 | −0.058% | $361K | $517K | 20x | as long as short |
| Bybit CRWVUSDT | +0.0123% | 8h | 85.500 | 0.000% | $2.1M | $1.1M | 25x | as long as short |
| edgeX CRWVUSDC | +0.0599% | 4h | 85.393 | −0.125% | $88K | $203K | 10x | as long as short |
BloFin CRWV-USDT
QFEX CRWV-USD
Lighter RH CRWV
Arcus CRWV-USD
Vest CRWV-USD-PERP
tradeXYZ xyz:CRWV
Polymarket Perps CRWV-USD
Ondo Perps CRWV-USD.P
Phoenix CRWV
KuCoin CRWVUSDTM
Bybit CRWVUSDT
edgeX CRWVUSDC