Funding you earn now, next payment 02:00 UTC+0.0074%/8h= +8.1% APRpaid last 24h +0.012%
Price spread now: Binance against Lighter−0.105%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$480.476% of the position
Funding, last 7 days+0.040%+$4 on $10k
+Price spread, last 2 days (all we have)+0.253%+$25 · spread now −0.105%, 7d avg +0.038%
=Together, before fees+0.292%+ Points / potential airdropLighter: Season 3 · farm board+$29 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.143% cheaper against Lighter than usual: you would sell low and buy high (spread −0.105% now, against its 7-day average of +0.038%). If the spread goes back, that is −$14 on $10k: about 6.5 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.040% in total) that is about 25 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CRWV | 85.930 | 0.0040 | pay 0.0005% / 1h | 41m 38s | $104K | $30K | 10x |
| Short | Binance CRWVUSDT | 85.840 | 0.0114 | get 0.0114% / 8h | 6h 41m | $9.6M | $17.5M | 25x |
Lighter CRWV
Binance CRWVUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter. 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
- $15.47
- Price spread: −0.105% → +0.038%
- −$14.3
- Slippage, 4 orders
- −$37.65
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$46.49
- Costs to cover
- 0.476%
- Break-even
- 28.0 days
Slippage from Lighter: live order book, 8 min ago; Binance: live order book, 14 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 Lighter live order book, 8 min ago | 12.76 bp | 12.8 bp −$13 | 14.9 bp −$149 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 1.16 bp | 10.3 bp −$10 | 21.0 bp −$210 | 70.1 bp −$7,006 | 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 | −0.0027% | 8h | 86.180 | +0.291% | $171K | $68K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 85.959 | +0.034% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.860 | −0.081% | $2.6M | $4.6M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.850 | −0.093% | $5.5M | $3.9M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.890 | −0.047% | $2.2M | $1.9M | 20x | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.962 | +0.038% | $2K | $192K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.790 | −0.163% | $1K | $4.9M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 85.990 | +0.070% | $141K | $2K | 20x | as long as short |
| QFEX CRWV-USD | +0.0018% | 1h | 85.850 | −0.093% | $1.4M | $3.0M | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 85.830 | −0.116% | $417K | $356K | 10x | as long as short |
BloFin CRWV-USDT
Aster CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDT
QFEX CRWV-USD
Lighter RH CRWVShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CRWVlong | +0.0040% | 1h | 85.930 | long leg | $104K | $30K | 10x | |
| Arcus CRWV-USD | +0.0040% | 1h | 85.840 | −0.105% | $64K | $78K | 10x | as long as short |
| Variational Omni CRWV | +0.0041% | 8h | 85.967 | +0.043% | $314K | $391K | — | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.880 | −0.058% | — | $156K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.630 | −0.349% | $331K | $218K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 85.810 | −0.140% | $363K | $519K | 20x | as long as short |
| Extended CRWV-USD | +0.0112% | 1h | 85.819 | −0.129% | $19K | $309K | 10x | as long as short |
| Binance CRWVUSDTshort | +0.0114% | 8h | 85.840 | −0.105% | $9.6M | $17.5M | 25x | |
| Phoenix CRWV | +0.0278% | 1h | 85.960 | +0.035% | $1K | $46K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0341% | 1h | 85.816 | −0.133% | $10.0M | $8.0M | 10x | as long as short |
| Bybit CRWVUSDT | +0.0410% | 8h | 85.900 | −0.035% | $2.2M | $1.2M | 25x | as long as short |
| edgeX CRWVUSDC | +0.0636% | 4h | 85.992 | +0.072% | $89K | $202K | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0667% | 1h | 85.914 | −0.019% | $70K | $266K | 10x | as long as short |
Arcus CRWV-USD
Variational Omni CRWV
Vest CRWV-USD-PERP
Ondo Perps CRWV-USD.P
KuCoin CRWVUSDTM
Extended CRWV-USD
Phoenix CRWV
tradeXYZ xyz:CRWV
Bybit CRWVUSDT
edgeX CRWVUSDC
Polymarket Perps CRWV-USD