CRWV

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h +0.002%

Price spread now: QFEX against Lighter RH−0.023%7-day average +0.075% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$200.197% of the position

Long on Lighter RH Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.015%−$1 on $10k

Price spread, last 4 days (all we have)+0.179%+$18 · spread now −0.023%, 7d avg +0.075%

Together, before fees+0.164%+ Points / potential airdropLighter RH: Points live · farm board+$16 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.098% cheaper against Lighter RH than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.075%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH CRWV	86.390	0.0032	pay 0.0004% / 1h	15m 08s	$424K	$445K	10x
Short	QFEX CRWV-USD	86.370	0.0037	get 0.0005% / 1h	15m 08s	$1.4M	$3.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Lighter RHbpFee QFEXbpOrdersPrice spread, now −0.023%Rate

Funding earned: $0.99
Price spread: −0.023% → +0.075%: −$9.77
Slippage, 4 orders: −$9.73
Fee Lighter RH: 0 bp × 2 orders: $0
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$28.51
Costs to cover: 0.197%
Break-even: 208.3 days

Slippage from Lighter RH: live order book, 62 min ago; QFEX: live order book, 3 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, 62 min ago	1.75 bp	2.6 bp −$3	6.2 bp −$62	doesn't fit	doesn't fit
Sell QFEX live order book, 3 min ago	2.32 bp	7.3 bp −$7	9.5 bp −$95	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
BloFin CRWV-USDT	−0.0009%	8h	86.460	+0.081%	$171K	$69K	20x	as long as short
Aster CRWVUSDT	0.0000%	8h	86.508	+0.137%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	86.450	+0.069%	$2.7M	$4.6M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	86.360	−0.035%	$5.6M	$3.9M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	86.370	−0.023%	$2.3M	$2.0M	20x	as long as short
Variational Omni CRWV	0.0000%	8h	86.392	+0.003%	$315K	$391K	—	as long as short
SunX CRWV-USDT	0.0000%	8h	86.280	−0.127%	$1K	$5.3M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	86.450	+0.069%	$141K	$2K	20x	as long as short
Lighter CRWV	+0.0032%	1h	86.440	+0.058%	$105K	$32K	10x	as long as short
Lighter RH CRWVlong	+0.0032%	1h	86.390	long leg	$424K	$445K	10x

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CRWV-USDshort	+0.0037%	1h	86.370	−0.023%	$1.4M	$3.3M	10x
Vest CRWV-USD-PERP	+0.0046%	1h	86.520	+0.150%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	86.340	−0.058%	$333K	$217K	10x	as long as short
GRVT CRWV_USDT_Perp	+0.0060%	8h	86.390	0.000%	$2K	$205K	10x	as long as short
Extended CRWV-USD	+0.0080%	1h	86.366	−0.028%	$14K	$228K	10x	as long as short
Binance CRWVUSDT	+0.0083%	8h	86.380	−0.012%	$9.7M	$18.0M	25x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	86.350	−0.046%	$366K	$517K	20x	as long as short
Phoenix CRWV	+0.0186%	1h	86.420	+0.035%	$1K	$44K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0202%	1h	86.364	−0.030%	$9.6M	$7.6M	10x	as long as short
Bybit CRWVUSDT	+0.0212%	8h	86.440	+0.058%	$2.2M	$1.2M	25x	as long as short
Polymarket Perps CRWV-USD	+0.0319%	1h	86.438	+0.056%	$61K	$210K	10x	as long as short
edgeX CRWVUSDC	+0.0363%	4h	86.406	+0.018%	$89K	$202K	10x	as long as short
Arcus CRWV-USD	+0.0456%	1h	86.360	−0.035%	$62K	$76K	10x	as long as short