Funding you earn now, next payment 02:00 UTC+0.0933%/8h= +102.1% APRpaid last 24h +0.123%
Price spread now: edgeX against Lighter RH−0.071%110s7-day average +0.104% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$330.334% of the position
Funding, last 7 days−0.581%−$58 on $10k
+Price spread, last 4 days (all we have)+0.411%+$41 · spread now −0.071%, 7d avg +0.104%
=Together, before fees−0.170%+ Points / potential airdropLighter RH: Points live · edgeX: Active · farm board−$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.176% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.071% now, against its 7-day average of +0.104%). If the spread goes back, that is −$18 on $10k: about 15 hours of funding at the current rate (+$28 a day). Mind the row above: over the last 7 days funding on this pair cost −0.581%, so the current rate has only just turned in your favour. The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.581% in total (about -30.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH CRWV | 85.920 | 0.0032 | pay 0.0004% / 1h | 17m 36s | $418K | $357K | 10x |
| Short | edgeX CRWVUSDC | 85.859 | 0.0965 | get 0.0482% / 4h | 2h 17m | $88K | $202K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Lighter RH. 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
- $195.87
- Price spread: −0.071% → +0.104%
- −$17.58
- Slippage, 4 orders
- −$24.41
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $144.88
- Costs to cover
- 0.334%
- Break-even
- 1.8 days
Slippage from Lighter RH: live order book, 50 min ago; edgeX: live order book, 49 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 RH live order book, 50 min ago | 2.89 bp | 3.7 bp −$4 | 8.4 bp −$84 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 49 min ago | 6.36 bp | 12.6 bp −$13 | 39.4 bp −$394 | 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 | 86.021 | +0.118% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.960 | +0.047% | $2.6M | $4.6M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.910 | −0.012% | $5.5M | $4.0M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.910 | −0.012% | $2.2M | $1.9M | 20x | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.920 | 0.000% | $2K | $191K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.810 | −0.128% | $2K | $4.8M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 85.900 | −0.023% | $140K | $2K | 20x | as long as short |
| QFEX CRWV-USD | +0.0018% | 1h | 85.870 | −0.058% | $1.3M | $2.9M | 10x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 85.970 | +0.058% | $104K | $30K | 10x | as long as short |
| Lighter RH CRWVlong | +0.0032% | 1h | 85.920 | long leg | $418K | $357K | 10x |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus CRWV-USD | +0.0040% | 1h | 85.820 | −0.116% | $64K | $79K | 10x | as long as short |
| Variational Omni CRWV | +0.0040% | 8h | 85.839 | −0.094% | $313K | $309K | — | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.890 | −0.035% | — | $156K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.850 | −0.081% | $332K | $133K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 85.860 | −0.070% | $363K | $527K | 20x | as long as short |
| Binance CRWVUSDT | +0.0108% | 8h | 85.914 | −0.007% | $9.6M | $17.3M | 25x | as long as short |
| Extended CRWV-USD | +0.0112% | 1h | 85.895 | −0.029% | $16K | $312K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0188% | 1h | 85.841 | −0.092% | $9.7M | $8.2M | 10x | as long as short |
| Phoenix CRWV | +0.0278% | 1h | 85.910 | −0.012% | $1K | $46K | 10x | as long as short |
| Bybit CRWVUSDT | +0.0336% | 8h | 85.920 | 0.000% | $2.2M | $1.2M | 25x | as long as short |
| Polymarket Perps CRWV-USD | +0.0604% | 1h | 85.893 | −0.031% | $85K | $287K | 10x | as long as short |
| edgeX CRWVUSDCshort | +0.0965% | 4h | 85.859 | −0.071% | $88K | $202K | 10x |
Lighter RH CRWV
edgeX CRWVUSDC
Aster CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDT
Lighter CRWV
Variational Omni CRWV
KuCoin CRWVUSDTM
Binance CRWVUSDT
Extended CRWV-USD
tradeXYZ xyz:CRWV
Phoenix CRWV
Bybit CRWVUSDT
Polymarket Perps CRWV-USD