Funding you earn now, next payment 04:00 UTC−0.0119%/8h= −13.1% APRpaid last 24h −0.083%
Price spread now: Lighter RH against Bybit−0.047%7-day average −0.098% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$390.394% of the position
Funding, last 7 days−0.230%−$23 on $10k
+Price spread, last 4 days (all we have)−0.003%$0 · spread now −0.047%, 7d avg −0.098%
=Together, before fees−0.233%+ Points / potential airdropLighter RH: Points live · farm board−$23 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter RH is 0.051% dearer against Bybit than usual: you sell high and buy low (spread −0.047% now, against its 7-day average of −0.098%): +$5 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 35 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CRWVUSDT | 85.940 | 0.0151 | pay 0.0151% / 8h | 4h 38m | $2.2M | $1.1M | 25x |
| Short | Lighter RH CRWV | 85.900 | 0.0032 | get 0.0004% / 1h | 38m 45s | $418K | $347K | 10x |
Bybit CRWVUSDT
Lighter RH CRWVFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Bybit. 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
- −$25.03
- Price spread: −0.047% → −0.098%
- $5.15
- Slippage, 4 orders
- −$28.36
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$59.24
- Costs to cover
- 0.394%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Lighter RH: live order book, 18 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 Bybit live order book, 3 min ago | 4.07 bp | 15.5 bp −$15 | 67.0 bp −$670 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 18 min ago | 2.91 bp | 3.3 bp −$3 | 13.7 bp −$137 | 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 | 86.033 | +0.109% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.910 | −0.035% | $2.5M | $4.8M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.940 | 0.000% | $5.5M | $3.8M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.930 | −0.012% | $1.9M | $2.1M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 85.899 | −0.048% | $313K | $299K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.900 | −0.047% | $2K | $193K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.850 | −0.105% | $1K | $4.6M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 85.940 | 0.000% | $140K | $2K | 20x | as long as short |
| QFEX CRWV-USD | +0.0010% | 1h | 85.910 | −0.035% | $1.3M | $2.7M | 10x | as long as short |
| Binance CRWVUSDT | +0.0016% | 8h | 85.920 | −0.023% | $9.5M | $17.1M | 25x | as long as short |
Aster CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
Variational Omni CRWV
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDT
QFEX CRWV-USD
Binance CRWVUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended CRWV-USD | +0.0016% | 1h | 85.899 | −0.048% | $14K | $306K | 10x | as long as short |
| BloFin CRWV-USDT | +0.0021% | 8h | 85.860 | −0.093% | $165K | $67K | 20x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 85.950 | +0.012% | $103K | $32K | 10x | as long as short |
| Lighter RH CRWVshort | +0.0032% | 1h | 85.900 | −0.047% | $418K | $347K | 10x | |
| Arcus CRWV-USD | +0.0040% | 1h | 85.870 | −0.081% | $64K | $79K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.980 | +0.047% | — | $156K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0050% | 1h | 85.860 | −0.093% | $9.5M | $7.9M | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 85.908 | −0.037% | $85K | $289K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.780 | −0.186% | $322K | $145K | 10x | as long as short |
| edgeX CRWVUSDC | +0.0073% | 4h | 85.934 | −0.007% | $89K | $202K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 85.940 | 0.000% | $364K | $519K | 20x | as long as short |
| Bybit CRWVUSDTlong | +0.0151% | 8h | 85.940 | long leg | $2.2M | $1.1M | 25x | |
| Phoenix CRWV | +0.0186% | 1h | 85.880 | −0.070% | $1K | $46K | 10x | as long as short |
Extended CRWV-USD
BloFin CRWV-USDT
Lighter CRWV
Arcus CRWV-USD
Vest CRWV-USD-PERP
tradeXYZ xyz:CRWV
Polymarket Perps CRWV-USD
Ondo Perps CRWV-USD.P
edgeX CRWVUSDC
KuCoin CRWVUSDTM
Phoenix CRWV