Funding you earn now, next payment 01:00 UTC+0.0112%/8h= +12.3% APRnext payment +$0.14 per $10,000 · paid last 24h +0.010%
Price spread now: Extended against Lighter−0.137%7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$630.629% of the position
Funding, last 7 days+0.031%+$3 on $10k
+Price spread, last 4 days (all we have)+0.126%+$13 · spread now −0.137%, 7d avg +0.046%
=Together, before fees+0.157%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board+$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.184% cheaper against Lighter than usual: you would sell low and buy high (spread −0.137% now, against its 7-day average of +0.046%). If the spread goes back, that is −$18 on $10k: about 5.5 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.031% in total) that is about 42 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CRWV | 86.660 | 0.0032 | pay 0.0004% / 1h | 25m 53s | $105K | $32K | 10x |
| Short | Extended CRWV-USD | 86.541 | 0.0144 | get 0.0018% / 1h | 25m 53s | $17K | $364K | 10x |
Lighter CRWV
Extended CRWV-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $23.52
- Price spread: −0.137% → +0.046%
- −$18.38
- Slippage, 4 orders
- −$57.91
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$57.76
- Costs to cover
- 0.629%
- Break-even
- 24.2 days
Slippage from Lighter: live order book, 29 min ago; Extended: live order book, 46 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, 29 min ago | 10.39 bp | 10.4 bp −$10 | 12.9 bp −$129 | doesn't fit | doesn't fit |
| Sell Extended live order book, 46 min ago | 4.06 bp | 15.2 bp −$15 | 105.1 bp −$1,051 | 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 | 86.663 | +0.004% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 86.570 | −0.104% | $2.7M | $4.6M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 86.600 | −0.069% | $5.6M | $3.9M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 86.600 | −0.069% | $2.3M | $1.9M | 20x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 86.460 | −0.231% | $2K | $5.0M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 86.430 | −0.265% | $141K | $2K | 20x | as long as short |
| BloFin CRWV-USDT | +0.0008% | 8h | 86.550 | −0.127% | $172K | $69K | 20x | as long as short |
| QFEX CRWV-USD | +0.0029% | 1h | 86.520 | −0.162% | $1.4M | $3.2M | 10x | as long as short |
| Lighter CRWVlong | +0.0032% | 1h | 86.660 | long leg | $105K | $32K | 10x | |
| Lighter RH CRWV | +0.0032% | 1h | 86.570 | −0.104% | $420K | $357K | 10x | as long as short |
Aster CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
SunX CRWV-USDT
HTX CRWV-USDT
BloFin 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 | |
|---|---|---|---|---|---|---|---|---|
| Vest CRWV-USD-PERP | +0.0046% | 1h | 86.680 | +0.023% | — | $156K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 86.380 | −0.323% | $333K | $218K | 10x | as long as short |
| Variational Omni CRWV | +0.0080% | 8h | 86.556 | −0.120% | $316K | $391K | — | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 86.560 | −0.115% | $367K | $513K | 20x | as long as short |
| GRVT CRWV_USDT_Perp | +0.0134% | 8h | 86.343 | −0.365% | $2K | $197K | 10x | as long as short |
| Extended CRWV-USDshort | +0.0144% | 1h | 86.541 | −0.137% | $17K | $364K | 10x | |
| Binance CRWVUSDT | +0.0147% | 8h | 86.560 | −0.115% | $9.7M | $17.6M | 25x | as long as short |
| tradeXYZ xyz:CRWV | +0.0158% | 1h | 86.568 | −0.106% | $9.7M | $7.6M | 10x | as long as short |
| Phoenix CRWV | +0.0278% | 1h | 86.340 | −0.369% | $1K | $44K | 10x | as long as short |
| Bybit CRWVUSDT | +0.0318% | 8h | 86.640 | −0.023% | $2.2M | $1.2M | 25x | as long as short |
| Arcus CRWV-USD | +0.0340% | 1h | 86.450 | −0.242% | $64K | $78K | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0382% | 1h | 86.644 | −0.018% | $71K | $254K | 10x | as long as short |
| edgeX CRWVUSDC | +0.0711% | 4h | 86.449 | −0.243% | $89K | $202K | 10x | as long as short |
Vest CRWV-USD-PERP
Ondo Perps CRWV-USD.P
Variational Omni CRWV
KuCoin CRWVUSDTM
GRVT CRWV_USDT_Perp
Binance CRWVUSDT
tradeXYZ xyz:CRWV
Phoenix CRWV
Bybit CRWVUSDT
Arcus CRWV-USD
Polymarket Perps CRWV-USD
edgeX CRWVUSDC