Funding you earn now, next payment 04:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h +0.083%
Price spread now: Bybit against Lighter−0.035%7-day average +0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$550.553% of the position
Funding, last 7 days+0.233%+$23 on $10k
+Price spread, last 4 days (all we have)+0.054%+$5 · spread now −0.035%, 7d avg +0.081%
=Together, before fees+0.287%+ Points / potential airdropLighter: Season 3 · farm board+$29 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.116% cheaper against Lighter than usual: you would sell low and buy high (spread −0.035% now, against its 7-day average of +0.081%). If the spread goes back, that is −$12 on $10k: about 4.1 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CRWV | 86.020 | 0.0032 | pay 0.0004% / 1h | 20m 15s | $103K | $32K | 10x |
| Short | Bybit CRWVUSDT | 85.990 | 0.0128 | get 0.0128% / 8h | 4h 20m | $2.2M | $1.1M | 25x |
Lighter CRWV
Bybit CRWVUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $20.08
- Price spread: −0.035% → +0.081%
- −$11.64
- Slippage, 4 orders
- −$44.33
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$46.89
- Costs to cover
- 0.553%
- Break-even
- 23.3 days
Slippage from Lighter: live order book, 19 min ago; Bybit: 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 Lighter live order book, 19 min ago | 11.63 bp | 11.6 bp −$12 | 13.8 bp −$138 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.90 bp | 13.5 bp −$13 | 64.2 bp −$642 | 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 | −0.0014% | 8h | 86.070 | +0.058% | $164K | $67K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 86.145 | +0.145% | $37K | $35K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 85.977 | −0.050% | $14K | $301K | 10x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 86.060 | +0.047% | $2.5M | $4.8M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 86.020 | 0.000% | $5.5M | $3.8M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.960 | −0.070% | $1.9M | $2.1M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 86.034 | +0.016% | $314K | $299K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 86.000 | −0.023% | $2K | $192K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.910 | −0.128% | $1K | $4.5M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 86.080 | +0.070% | $141K | $2K | 20x | as long as short |
BloFin CRWV-USDT
Aster CRWVUSDT
Extended CRWV-USD
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
Variational Omni CRWV
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CRWVUSDT | +0.0004% | 8h | 85.980 | −0.047% | $9.5M | $17.0M | 25x | as long as short |
| QFEX CRWV-USD | +0.0010% | 1h | 86.040 | +0.023% | $1.3M | $2.6M | 10x | as long as short |
| Lighter CRWVlong | +0.0032% | 1h | 86.020 | long leg | $103K | $32K | 10x | |
| Lighter RH CRWV | +0.0032% | 1h | 85.940 | −0.093% | $419K | $350K | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 85.970 | −0.058% | $64K | $79K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 86.080 | +0.070% | — | $156K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0050% | 1h | 85.925 | −0.110% | $9.5M | $8.0M | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 85.979 | −0.048% | $85K | $289K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.940 | −0.093% | $323K | $147K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 85.960 | −0.070% | $363K | $520K | 20x | as long as short |
| Bybit CRWVUSDTshort | +0.0128% | 8h | 85.990 | −0.035% | $2.2M | $1.1M | 25x | |
| Phoenix CRWV | +0.0186% | 1h | 85.960 | −0.070% | $1K | $46K | 10x | as long as short |
| edgeX CRWVUSDC | +0.0426% | 4h | 86.005 | −0.018% | $89K | $202K | 10x | as long as short |
Binance CRWVUSDT
QFEX CRWV-USD
Lighter RH CRWV
Arcus CRWV-USD
Vest CRWV-USD-PERP
tradeXYZ xyz:CRWV
Polymarket Perps CRWV-USD
Ondo Perps CRWV-USD.P
KuCoin CRWVUSDTM
Phoenix CRWV
edgeX CRWVUSDC