Funding you earn now, next payment 05:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.020%
Price spread now: tradeXYZ against Lighter RH−0.040%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$320.322% of the position
Funding, last 7 days+0.073%+$7 on $10k
+Price spread, last 4 days (all we have)+0.082%+$8 · spread now −0.040%, 7d avg +0.006%
=Together, before fees+0.155%+ Points / potential airdropLighter RH: Points live · tradeXYZ: Active · farm board+$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.045% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.040% now, against its 7-day average of +0.006%). If the spread goes back, that is −$5 on $10k: about 8.4 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH CRWV | 85.310 | 0.0032 | pay 0.0004% / 1h | 39m 19s | $414K | $355K | 10x |
| Short | tradeXYZ xyz:CRWV | 85.276 | 0.0050 | get 0.0006% / 1h | 39m 19s | $9.4M | $8.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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: −0.040% → +0.006%
- −$4.54
- Slippage, 4 orders
- −$14.21
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$32.97
- Costs to cover
- 0.322%
- Break-even
- 68.1 days
Slippage from Lighter RH: live order book, 13 min ago; tradeXYZ: live order book, 9 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, 13 min ago | 3.50 bp | 4.3 bp −$4 | 10.4 bp −$104 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 9 min ago | 0.64 bp | 13.8 bp −$14 | doesn't fit | 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 | −0.0026% | 8h | 85.390 | +0.094% | $163K | $67K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 85.524 | +0.250% | $37K | $33K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 85.297 | −0.015% | $19K | $301K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 85.287 | −0.027% | $9.4M | $17.3M | 25x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.270 | −0.047% | $2.5M | $4.9M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.320 | +0.012% | $5.4M | $3.7M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.320 | +0.012% | $1.9M | $2.1M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 85.375 | +0.076% | $312K | $299K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.410 | +0.118% | $2K | $192K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.290 | −0.023% | $2K | $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 | 85.520 | +0.246% | $140K | $2K | 20x | as long as short |
| QFEX CRWV-USD | +0.0025% | 1h | 85.290 | −0.023% | $1.3M | $2.5M | 10x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 85.370 | +0.070% | $102K | $29K | 10x | as long as short |
| Lighter RH CRWVlong | +0.0032% | 1h | 85.310 | long leg | $414K | $355K | 10x | |
| Arcus CRWV-USD | +0.0040% | 1h | 85.390 | +0.094% | $64K | $78K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.350 | +0.047% | — | $156K | 10x | as long as short |
| tradeXYZ xyz:CRWVshort | +0.0050% | 1h | 85.276 | −0.040% | $9.4M | $8.0M | 10x | |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 85.282 | −0.033% | $85K | $298K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.450 | +0.164% | $320K | $147K | 10x | as long as short |
| Phoenix CRWV | +0.0093% | 1h | 85.410 | +0.117% | $1K | $45K | 10x | as long as short |
| Bybit CRWVUSDT | +0.0099% | 8h | 85.300 | −0.012% | $2.1M | $1.1M | 25x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 85.310 | 0.000% | $361K | $519K | 20x | as long as short |
| edgeX CRWVUSDC | +0.0679% | 4h | 85.398 | +0.103% | $88K | $202K | 10x | as long as short |
Lighter RH CRWV
tradeXYZ xyz:CRWV
BloFin CRWV-USDT
Aster CRWVUSDT
Extended CRWV-USD
Binance CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
Variational Omni CRWV
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDT
Lighter CRWV
Polymarket Perps CRWV-USD
Phoenix CRWV
Bybit CRWVUSDT
KuCoin CRWVUSDTM
edgeX CRWVUSDC