Funding you earn now, next payment 03:00 UTC+0.0087%/8h= +9.5% APRnext payment +$0.11 per $10,000 · paid last 24h +0.020%
Price spread now: tradeXYZ against Lighter−0.094%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$560.560% of the position
Funding, last 7 days+0.075%+$8 on $10k
+Price spread, last 4 days (all we have)+0.108%+$11 · spread now −0.094%, 7d avg −0.008%
=Together, before fees+0.184%+ Points / potential airdropLighter: Season 3 · tradeXYZ: Active · farm board+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.086% cheaper against Lighter than usual: you would sell low and buy high (spread −0.094% now, against its 7-day average of −0.008%). If the spread goes back, that is −$9 on $10k: about 3.3 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.075% in total) that is about 8.0 days.
| 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 | 50m 37s | $104K | $29K | 10x |
| Short | tradeXYZ xyz:CRWV | 85.939 | 0.0119 | get 0.0015% / 1h | 50m 37s | $9.7M | $8.2M | 10x |
Lighter CRWV
tradeXYZ xyz:CRWVFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $18.19
- Price spread: −0.094% → −0.008%
- −$8.59
- Slippage, 4 orders
- −$38.01
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$46.41
- Costs to cover
- 0.560%
- Break-even
- 24.9 days
Slippage from Lighter: live order book, 59 min ago; tradeXYZ: live order book, 8 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, 59 min ago | 12.76 bp | 12.8 bp −$13 | 14.9 bp −$149 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 8 min ago | 2.62 bp | 13.0 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
CRWV on 22 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 | 86.118 | +0.113% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.940 | −0.093% | $2.6M | $4.6M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.990 | −0.035% | $5.5M | $3.9M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.900 | −0.140% | $2.1M | $2.0M | 20x | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.912 | −0.126% | $2K | $191K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.850 | −0.198% | $2K | $4.7M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 85.960 | −0.070% | $140K | $2K | 20x | as long as short |
| Variational Omni CRWV | +0.0024% | 8h | 85.918 | −0.118% | $314K | $309K | — | as long as short |
| Lighter CRWVlong | +0.0032% | 1h | 86.020 | long leg | $104K | $29K | 10x | |
| Lighter RH CRWV | +0.0032% | 1h | 85.950 | −0.081% | $418K | $352K | 10x | as long as short |
Aster CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDT
Variational Omni CRWV
Lighter RH CRWVShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX CRWV-USD | +0.0032% | 1h | 85.870 | −0.174% | $1.3M | $2.8M | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 85.880 | −0.163% | $64K | $79K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 86.010 | −0.012% | — | $156K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.760 | −0.302% | $331K | $132K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 85.920 | −0.116% | $364K | $530K | 20x | as long as short |
| Binance CRWVUSDT | +0.0100% | 8h | 85.950 | −0.081% | $9.6M | $17.1M | 25x | as long as short |
| Extended CRWV-USD | +0.0104% | 1h | 85.887 | −0.154% | $14K | $309K | 10x | as long as short |
| tradeXYZ xyz:CRWVshort | +0.0119% | 1h | 85.939 | −0.094% | $9.7M | $8.2M | 10x | |
| Phoenix CRWV | +0.0187% | 1h | 85.920 | −0.116% | $1K | $46K | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0252% | 1h | 85.958 | −0.072% | $85K | $289K | 10x | as long as short |
| Bybit CRWVUSDT | +0.0289% | 8h | 85.980 | −0.047% | $2.2M | $1.1M | 25x | as long as short |
| edgeX CRWVUSDC | +0.0702% | 4h | 85.912 | −0.125% | $88K | $202K | 10x | as long as short |
QFEX CRWV-USD
Arcus CRWV-USD
Vest CRWV-USD-PERP
Ondo Perps CRWV-USD.P
KuCoin CRWVUSDTM
Binance CRWVUSDT
Extended CRWV-USD
Phoenix CRWV
Polymarket Perps CRWV-USD
Bybit CRWVUSDT
edgeX CRWVUSDC