Funding you earn now, next payment 09:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h 0.000%
Price spread now: Lighter against GRVT−0.134%7-day average −0.104% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$550.545% of the position
Funding, last 7 days−0.045%−$5 on $10k
+Price spread, last 4 days (all we have)−0.025%−$2 · spread now −0.134%, 7d avg −0.104%
=Together, before fees−0.070%+ Points / potential airdropGRVT: Active · Lighter: Season 3 · farm board−$7 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.030% cheaper against GRVT than usual: you would sell low and buy high (spread −0.134% now, against its 7-day average of −0.104%). If the spread goes back, that is −$3 on $10k: about 3.1 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT CRWV_USDT_Perp | 83.953 | 0 | get 0.0000% / 8h | 7h 43m | $2K | $187K | 10x |
| Short | Lighter CRWV | 83.840 | 0.0032 | get 0.0004% / 1h | 43m 24s | $101K | $37K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against GRVT. 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: −0.134% → −0.104%
- −$3.01
- Slippage, 4 orders
- −$45.52
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$50.81
- Costs to cover
- 0.545%
- Break-even
- 59.9 days
Slippage from GRVT: live order book, 49 min ago; Lighter: live order book, 2 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 GRVT live order book, 49 min ago | 2.37 bp | 11.5 bp −$12 | 54.7 bp −$547 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 2 min ago | 11.32 bp | 11.3 bp −$11 | 13.6 bp −$136 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CRWVUSDT | −0.0321% | 8h | 83.880 | −0.087% | $1.8M | $1.9M | 20x | as long as short |
| BloFin CRWV-USDT | −0.0016% | 8h | 83.910 | −0.051% | $153K | $64K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 83.912 | −0.049% | $36K | $34K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 83.868 | −0.101% | $19K | $263K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 83.880 | −0.087% | $9.3M | $19.1M | 25x | as long as short |
| Bybit CRWVUSDT | 0.0000% | 8h | 83.860 | −0.111% | $1.9M | $1.3M | 25x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 83.850 | −0.123% | $2.2M | $5.3M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 83.880 | −0.087% | $5.2M | $4.4M | 50x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 83.831 | −0.145% | $293K | $264K | — | as long as short |
| GRVT CRWV_USDT_Perplong | 0.0000% | 8h | 83.953 | long leg | $2K | $187K | 10x |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CRWV-USDT | 0.0000% | 8h | 83.830 | −0.146% | $2K | $4.1M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 83.960 | +0.009% | $131K | $15K | 20x | as long as short |
| Lighter CRWVshort | +0.0032% | 1h | 83.840 | −0.134% | $101K | $37K | 10x | |
| Lighter RH CRWV | +0.0032% | 1h | 83.880 | −0.087% | $373K | $447K | 10x | as long as short |
| QFEX CRWV-USD | +0.0033% | 1h | 83.850 | −0.123% | $1.3M | $2.4M | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 83.840 | −0.134% | $63K | $58K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 83.870 | −0.099% | — | $198K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0050% | 1h | 83.860 | −0.111% | $9.3M | $8.5M | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 83.830 | −0.146% | $73K | $238K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 84.000 | +0.056% | $308K | $165K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 83.850 | −0.123% | $352K | $583K | 20x | as long as short |
| Phoenix CRWV | +0.0285% | 1h | 83.800 | −0.182% | $2K | $40K | 10x | as long as short |
| edgeX CRWVUSDC | +0.0570% | 4h | 83.925 | −0.034% | $86K | $204K | 10x | as long as short |
GRVT CRWV_USDT_Perp
Lighter CRWV
Bitget CRWVUSDT
BloFin CRWV-USDT
Aster CRWVUSDT
Extended CRWV-USD
Binance CRWVUSDT
Bybit CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Variational Omni CRWV
SunX CRWV-USDT
HTX CRWV-USDT
Lighter RH CRWV
tradeXYZ xyz:CRWV
Polymarket Perps CRWV-USD
KuCoin CRWVUSDTM
Phoenix CRWV
edgeX CRWVUSDC