Funding you earn now, next payment 01:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.010%
Price spread now: Extended against Lighter RH−0.024%7-day average +0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$340.338% of the position
Funding, last 7 days+0.027%+$3 on $10k
+Price spread, last 4 days (all we have)+0.057%+$6 · spread now −0.024%, 7d avg +0.060%
=Together, before fees+0.084%+ Points / potential airdropLighter RH: Points live · Extended: Active · farm board+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.084% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.024% now, against its 7-day average of +0.060%). If the spread goes back, that is −$8 on $10k: about 2.7 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.027% in total) that is about 22 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH CRWV | 86.570 | 0.0032 | pay 0.0004% / 1h | 50m 11s | $422K | $354K | 10x |
| Short | Extended CRWV-USD | 86.550 | 0.0136 | get 0.0017% / 1h | 50m 11s | $14K | $238K | 10x |
Lighter RH CRWV
Extended CRWV-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $21.84
- Price spread: −0.024% → +0.060%
- −$8.37
- Slippage, 4 orders
- −$28.84
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$20.37
- Costs to cover
- 0.338%
- Break-even
- 13.5 days
Slippage from Lighter RH: live order book, 22 min ago; Extended: live order book, 22 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, 22 min ago | 1.74 bp | 1.7 bp −$2 | 7.0 bp −$70 | doesn't fit | doesn't fit |
| Sell Extended live order book, 22 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 | 86.677 | +0.123% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 86.580 | +0.012% | $2.7M | $4.6M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 86.560 | −0.012% | $5.6M | $3.9M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 86.560 | −0.012% | $2.3M | $1.9M | 20x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 86.460 | −0.127% | $2K | $5.2M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 86.520 | −0.058% | $141K | $2K | 20x | as long as short |
| BloFin CRWV-USDT | +0.0001% | 8h | 86.490 | −0.092% | $171K | $69K | 20x | as long as short |
| QFEX CRWV-USD | +0.0029% | 1h | 86.490 | −0.092% | $1.3M | $3.2M | 10x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 86.640 | +0.081% | $105K | $32K | 10x | as long as short |
| Lighter RH CRWVlong | +0.0032% | 1h | 86.570 | long leg | $422K | $354K | 10x |
Aster CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
SunX CRWV-USDT
HTX CRWV-USDT
BloFin CRWV-USDT
QFEX CRWV-USD
Lighter 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 | 86.610 | +0.046% | — | $156K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 86.390 | −0.208% | $334K | $218K | 10x | as long as short |
| edgeX CRWVUSDC | +0.0059% | 4h | 86.487 | −0.095% | $89K | $201K | 10x | as long as short |
| Variational Omni CRWV | +0.0060% | 8h | 86.472 | −0.114% | $316K | $391K | — | as long as short |
| GRVT CRWV_USDT_Perp | +0.0076% | 8h | 86.505 | −0.075% | $3K | $201K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 86.510 | −0.069% | $366K | $514K | 20x | as long as short |
| Extended CRWV-USDshort | +0.0136% | 1h | 86.550 | −0.024% | $14K | $238K | 10x | |
| Binance CRWVUSDT | +0.0138% | 8h | 86.570 | 0.000% | $9.7M | $18.0M | 25x | as long as short |
| Bybit CRWVUSDT | +0.0141% | 8h | 86.620 | +0.058% | $2.2M | $1.2M | 25x | as long as short |
| tradeXYZ xyz:CRWV | +0.0146% | 1h | 86.574 | +0.005% | $9.7M | $7.6M | 10x | as long as short |
| Phoenix CRWV | +0.0278% | 1h | 86.510 | −0.069% | $1K | $44K | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0327% | 1h | 86.604 | +0.039% | $71K | $254K | 10x | as long as short |
| Arcus CRWV-USD | +0.0340% | 1h | 86.450 | −0.139% | $64K | $79K | 10x | as long as short |
Vest CRWV-USD-PERP
Ondo Perps CRWV-USD.P
edgeX CRWVUSDC
Variational Omni CRWV
GRVT CRWV_USDT_Perp
KuCoin CRWVUSDTM
Binance CRWVUSDT
Bybit CRWVUSDT
tradeXYZ xyz:CRWV
Phoenix CRWV
Polymarket Perps CRWV-USD
Arcus CRWV-USD