Funding you earn now, next payment 05:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.039%
Price spread now: Polymarket Perps against Lighter RH+0.005%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs+$6as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$200.202% of the position
Funding, last 7 days+0.258%+$26 on $10k
+Price spread, last 4 days (all we have)+0.244%+$24 · spread now +0.005%, 7d avg +0.065%
=Together, before fees+0.502%+ Points / potential airdropLighter RH: Points live · farm board+$50 on $10k · with fees, hour by hour
Funding pays, the price is against you. Polymarket Perps is 0.060% cheaper against Lighter RH than usual: you would sell low and buy high (spread +0.005% now, against its 7-day average of +0.065%). If the spread goes back, that is −$6 on $10k: about 11 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.258% in total) that is about 39 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH CRWV | 85.070 | 0.0032 | pay 0.0004% / 1h | 18m 53s | $413K | $355K | 10x |
| Short | Polymarket Perps CRWV-USD | 85.074 | 0.0050 | get 0.0006% / 1h | 18m 53s | $81K | $305K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- $3.78
- Price spread: +0.005% → +0.065%
- −$5.99
- Slippage, 4 orders
- −$12.17
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$22.37
- Costs to cover
- 0.202%
- Break-even
- 48.4 days
Slippage from Lighter RH: live order book, 33 min ago; Polymarket Perps: live order book, 33 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, 33 min ago | 3.50 bp | 4.3 bp −$4 | 10.4 bp −$104 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 33 min ago | 1.34 bp | 5.4 bp −$5 | 6.6 bp −$66 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CRWVUSDT | −0.0091% | 8h | 85.080 | +0.012% | $1.8M | $2.0M | 20x | as long as short |
| Gate CRWV_USDT | −0.0046% | 8h | 85.110 | +0.047% | $5.4M | $3.7M | 50x | as long as short |
| BloFin CRWV-USDT | −0.0011% | 8h | 85.110 | +0.047% | $162K | $67K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 85.221 | +0.177% | $37K | $33K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 85.067 | −0.003% | $15K | $272K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 85.080 | +0.012% | $9.3M | $17.4M | 25x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.090 | +0.024% | $2.4M | $5.0M | 25x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 85.190 | +0.141% | $311K | $299K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.185 | +0.136% | $2K | $193K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.050 | −0.024% | $1K | $4.5M | 10x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CRWV-USDT | 0.0000% | 8h | 85.160 | +0.106% | $139K | $2K | 20x | as long as short |
| QFEX CRWV-USD | +0.0025% | 1h | 85.110 | +0.047% | $1.3M | $2.5M | 10x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 85.060 | −0.012% | $97K | $37K | 10x | as long as short |
| Lighter RH CRWVlong | +0.0032% | 1h | 85.070 | long leg | $413K | $355K | 10x | |
| Arcus CRWV-USD | +0.0040% | 1h | 85.110 | +0.047% | $63K | $79K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.120 | +0.059% | — | $156K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0050% | 1h | 85.045 | −0.029% | $9.3M | $8.1M | 10x | as long as short |
| Polymarket Perps CRWV-USDshort | +0.0050% | 1h | 85.074 | +0.005% | $81K | $305K | 10x | |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.060 | −0.012% | $319K | $149K | 10x | as long as short |
| Bybit CRWVUSDT | +0.0090% | 8h | 85.140 | +0.082% | $2.1M | $1.1M | 25x | as long as short |
| Phoenix CRWV | +0.0093% | 1h | 85.090 | +0.024% | $1K | $45K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 85.080 | +0.012% | $360K | $524K | 20x | as long as short |
| edgeX CRWVUSDC | +0.0230% | 4h | 85.172 | +0.120% | $88K | $203K | 10x | as long as short |
Lighter RH CRWV
Polymarket Perps CRWV-USD
Bitget CRWVUSDT
Gate CRWV_USDT
BloFin CRWV-USDT
Aster CRWVUSDT
Extended CRWV-USD
Binance CRWVUSDT
OKX CRWV-USDT-SWAP
Variational Omni CRWV
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDT
Lighter CRWV
tradeXYZ xyz:CRWV
Bybit CRWVUSDT
Phoenix CRWV
KuCoin CRWVUSDTM
edgeX CRWVUSDC