Funding you earn now, next payment 04:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.020%
Price spread now: Lighter against KuCoin+0.023%7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$215as in the Funding arb table
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$2002.005% of the position
Funding, last 7 days−0.146%−$15 on $10k
+Price spread, last 4 days (all we have)−0.310%−$31 · spread now +0.023%, 7d avg −0.039%
=Together, before fees−0.456%+ Points / potential airdropLighter: Season 3 · farm board−$46 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.063% dearer against KuCoin than usual: you sell high and buy low (spread +0.023% now, against its 7-day average of −0.039%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CRWVUSDTM | 85.930 | 0.0100 | pay 0.0100% / 8h | 4h 36m | $364K | $519K | 20x |
| Short | Lighter CRWV | 85.950 | 0.0032 | get 0.0004% / 1h | 36m 45s | $103K | $32K | 10x |
KuCoin CRWVUSDTM
Lighter CRWVFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against KuCoin. 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
- −$14.28
- Price spread: +0.023% → −0.039%
- $6.25
- Slippage, 4 orders
- −$188.46
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$208.49
- Costs to cover
- 2.005%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 46 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 KuCoin live order book, 46 min ago | 14.55 bp | 64.3 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 2 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 | 86.035 | +0.123% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.900 | −0.035% | $2.5M | $4.8M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.950 | +0.023% | $5.5M | $3.8M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.930 | 0.000% | $1.9M | $2.1M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 85.899 | −0.036% | $313K | $299K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.900 | −0.035% | $2K | $193K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.850 | −0.093% | $1K | $4.6M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 85.950 | +0.023% | $140K | $2K | 20x | as long as short |
| BloFin CRWV-USDT | +0.0004% | 8h | 85.930 | 0.000% | $164K | $67K | 20x | as long as short |
| QFEX CRWV-USD | +0.0010% | 1h | 85.890 | −0.047% | $1.3M | $2.7M | 10x | 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
BloFin CRWV-USDT
QFEX CRWV-USDShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CRWVUSDT | +0.0015% | 8h | 85.916 | −0.016% | $9.5M | $17.1M | 25x | as long as short |
| Extended CRWV-USD | +0.0016% | 1h | 85.896 | −0.039% | $14K | $306K | 10x | as long as short |
| Lighter CRWVshort | +0.0032% | 1h | 85.950 | +0.023% | $103K | $32K | 10x | |
| Lighter RH CRWV | +0.0032% | 1h | 85.900 | −0.035% | $418K | $347K | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 85.870 | −0.070% | $64K | $79K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.970 | +0.047% | — | $156K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0050% | 1h | 85.858 | −0.084% | $9.5M | $7.9M | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 85.902 | −0.033% | $85K | $289K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.780 | −0.175% | $322K | $145K | 10x | as long as short |
| KuCoin CRWVUSDTMlong | +0.0100% | 8h | 85.930 | long leg | $364K | $519K | 20x | |
| Bybit CRWVUSDT | +0.0149% | 8h | 85.960 | +0.035% | $2.2M | $1.1M | 25x | as long as short |
| Phoenix CRWV | +0.0186% | 1h | 85.880 | −0.058% | $1K | $46K | 10x | as long as short |
| edgeX CRWVUSDC | +0.0644% | 4h | 85.904 | −0.031% | $88K | $202K | 10x | as long as short |
Binance CRWVUSDT
Extended CRWV-USD
Lighter RH CRWV
Arcus CRWV-USD
Vest CRWV-USD-PERP
tradeXYZ xyz:CRWV
Polymarket Perps CRWV-USD
Ondo Perps CRWV-USD.P
Bybit CRWVUSDT
Phoenix CRWV
edgeX CRWVUSDC