Funding you earn now, next payment 00:00 UTC−0.0874%/8h= −95.7% APRpaid last 24h −0.152%
Price spread now: Lighter RH against edgeX+0.027%80s7-day average −0.104% · you sell dearer than you buy
Net, funding: paid 7d − costs+$30as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$300.298% of the position
Funding, last 7 days+0.598%+$60 on $10k
+Price spread, last 3 days (all we have)−0.122%−$12 · spread now +0.027%, 7d avg −0.104%
=Together, before fees+0.476%+ Points / potential airdropedgeX: Active · Lighter RH: Points live · farm board+$48 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter RH is 0.131% dearer against edgeX than usual: you sell high and buy low (spread +0.027% now, against its 7-day average of −0.104%): +$13 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 12 hours. Mind the row above: over the last 7 days funding on this pair paid +0.598%, so the current rate has only just turned against you. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.598% in total (about 31.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX CRWVUSDC | 86.377 | 0.0906 | pay 0.0453% / 4h | 15m 53s | $89K | $201K | 10x |
| Short | Lighter RH CRWV | 86.400 | 0.0032 | get 0.0004% / 1h | 15m 53s | $424K | $445K | 10x |
edgeX CRWVUSDC
Lighter RH CRWVFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against edgeX. 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
- −$183.45
- Price spread: +0.027% → −0.104%
- $13.11
- Slippage, 4 orders
- −$20.76
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$200.1
- Costs to cover
- 0.298%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 61 min ago; Lighter RH: live order book, 61 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 edgeX live order book, 61 min ago | 4.66 bp | 13.8 bp −$14 | 39.4 bp −$394 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 61 min ago | 1.75 bp | 2.5 bp −$3 | 9.2 bp −$92 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin CRWV-USDT | −0.0013% | 8h | 86.450 | +0.085% | $171K | $69K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 86.506 | +0.150% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 86.390 | +0.015% | $2.7M | $4.6M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 86.380 | +0.004% | $5.6M | $3.9M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 86.380 | +0.004% | $2.3M | $2.0M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 86.392 | +0.018% | $315K | $391K | — | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 86.300 | −0.089% | $1K | $5.3M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 86.400 | +0.027% | $141K | $2K | 20x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 86.460 | +0.096% | $105K | $32K | 10x | as long as short |
| Lighter RH CRWVshort | +0.0032% | 1h | 86.400 | +0.027% | $424K | $445K | 10x |
BloFin CRWV-USDT
Aster CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
Variational Omni CRWV
SunX CRWV-USDT
HTX CRWV-USDT
Lighter CRWVShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX CRWV-USD | +0.0037% | 1h | 86.370 | −0.008% | $1.4M | $3.3M | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 86.480 | +0.119% | — | $156K | 10x | as long as short |
| GRVT CRWV_USDT_Perp | +0.0047% | 8h | 86.379 | +0.003% | $2K | $205K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 86.290 | −0.101% | $333K | $217K | 10x | as long as short |
| Extended CRWV-USD | +0.0080% | 1h | 86.374 | −0.004% | $14K | $228K | 10x | as long as short |
| Binance CRWVUSDT | +0.0080% | 8h | 86.395 | +0.021% | $9.7M | $18.0M | 25x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 86.340 | −0.043% | $366K | $517K | 20x | as long as short |
| Phoenix CRWV | +0.0186% | 1h | 86.340 | −0.043% | $1K | $44K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0207% | 1h | 86.374 | −0.003% | $9.6M | $7.6M | 10x | as long as short |
| Bybit CRWVUSDT | +0.0213% | 8h | 86.450 | +0.085% | $2.2M | $1.2M | 25x | as long as short |
| Polymarket Perps CRWV-USD | +0.0322% | 1h | 86.423 | +0.053% | $67K | $198K | 10x | as long as short |
| Arcus CRWV-USD | +0.0456% | 1h | 86.360 | −0.020% | $62K | $76K | 10x | as long as short |
| edgeX CRWVUSDClong | +0.0906% | 4h | 86.377 | long leg | $89K | $201K | 10x |
QFEX CRWV-USD
Vest CRWV-USD-PERP
GRVT CRWV_USDT_Perp
Ondo Perps CRWV-USD.P
Extended CRWV-USD
Binance CRWVUSDT
KuCoin CRWVUSDTM
Phoenix CRWV
tradeXYZ xyz:CRWV
Bybit CRWVUSDT
Polymarket Perps CRWV-USD
Arcus CRWV-USD