CRWV

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.13 per $10,000 · paid last 24h −0.010%

Price spread now: Lighter RH against Extended+0.024%7-day average −0.060% · you sell dearer than you buy

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$340.338% of the position

Long on Extended Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days−0.027%−$3 on $10k

Price spread, last 4 days (all we have)−0.057%−$6 · spread now +0.024%, 7d avg −0.060%

Together, before fees−0.084%+ Points / potential airdropExtended: Active · Lighter RH: Points live · farm board−$8 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Lighter RH is 0.084% dearer against Extended than usual: you sell high and buy low (spread +0.024% now, against its 7-day average of −0.060%): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.7 days. At the pace of the last 7 days (−0.027% in total) that is about 22 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended CRWV-USD	86.550	0.0136	pay 0.0017% / 1h	50m 05s	$14K	$238K	10x
Short	Lighter RH CRWV	86.570	0.0032	get 0.0004% / 1h	50m 05s	$422K	$354K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Extended. 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

Position, each leg$Hold fordaysFee ExtendedbpFee Lighter RHbpOrdersPrice spread, now +0.024%Rate

Funding earned: −$21.84
Price spread: +0.024% → −0.060%: $8.37
Slippage, 4 orders: −$28.84
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$47.31
Costs to cover: 0.338%
Break-even: never at this rate

Slippage from Extended: live order book, 22 min ago; Lighter RH: live order book, 22 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 Extended live order book, 22 min ago	4.06 bp	14.4 bp −$14	92.7 bp −$927	doesn't fit	doesn't fit
Sell Lighter RH live order book, 22 min ago	1.74 bp	2.5 bp −$2	9.7 bp −$97	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	86.677	+0.147%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	86.580	+0.035%	$2.7M	$4.6M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	86.560	+0.012%	$5.6M	$3.9M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	86.560	+0.012%	$2.3M	$1.9M	20x	as long as short
SunX CRWV-USDT	0.0000%	8h	86.460	−0.104%	$2K	$5.2M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	86.520	−0.034%	$141K	$2K	20x	as long as short
BloFin CRWV-USDT	+0.0001%	8h	86.490	−0.069%	$171K	$69K	20x	as long as short
QFEX CRWV-USD	+0.0029%	1h	86.490	−0.069%	$1.3M	$3.2M	10x	as long as short
Lighter CRWV	+0.0032%	1h	86.640	+0.104%	$105K	$32K	10x	as long as short
Lighter RH CRWVshort	+0.0032%	1h	86.570	+0.024%	$422K	$354K	10x

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest CRWV-USD-PERP	+0.0046%	1h	86.610	+0.070%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	86.390	−0.184%	$334K	$218K	10x	as long as short
edgeX CRWVUSDC	+0.0059%	4h	86.487	−0.072%	$89K	$201K	10x	as long as short
Variational Omni CRWV	+0.0060%	8h	86.472	−0.090%	$316K	$391K	—	as long as short
GRVT CRWV_USDT_Perp	+0.0076%	8h	86.505	−0.051%	$3K	$201K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	86.510	−0.046%	$366K	$514K	20x	as long as short
Extended CRWV-USDlong	+0.0136%	1h	86.550	long leg	$14K	$238K	10x
Binance CRWVUSDT	+0.0138%	8h	86.570	+0.024%	$9.7M	$18.0M	25x	as long as short
Bybit CRWVUSDT	+0.0141%	8h	86.620	+0.081%	$2.2M	$1.2M	25x	as long as short
tradeXYZ xyz:CRWV	+0.0146%	1h	86.574	+0.028%	$9.7M	$7.6M	10x	as long as short
Phoenix CRWV	+0.0278%	1h	86.510	−0.046%	$1K	$44K	10x	as long as short
Polymarket Perps CRWV-USD	+0.0327%	1h	86.604	+0.063%	$71K	$254K	10x	as long as short
Arcus CRWV-USD	+0.0340%	1h	86.450	−0.115%	$64K	$79K	10x	as long as short