Funding you earn now, next payment 02:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.006%
Price spread now: Lighter against Ondo Perps+0.047%55s7-day average +0.025% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 4 days (all we have)−0.034%−$3 · spread now +0.047%, 7d avg +0.025%
=Together, before fees−0.093%+ Points / potential airdropOndo Perps: Active · Lighter: Season 3 · farm board−$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.022% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.047% now, against its 7-day average of +0.025%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.0 days. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps CRWV-USD.P | 85.850 | 0.0050 | pay 0.0006% / 1h | 16m 43s | $332K | $133K | 10x |
| Short | Lighter CRWV | 85.890 | 0.0032 | get 0.0004% / 1h | 16m 43s | $104K | $30K | 10x |
Ondo Perps CRWV-USD.P
Lighter CRWVFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Ondo Perps. 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
- −$3.86
- Price spread: +0.047% → +0.025%
- $2.19
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$6.68
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Lighter: live order book, 33 min ago. Net counts fees only.
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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 33 min ago | 12.76 bp | 15.1 bp −$15 | 28.3 bp −$283 | doesn't fit | doesn't fit |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 85.997 | +0.171% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.880 | +0.035% | $2.6M | $4.6M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.880 | +0.035% | $5.5M | $4.0M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.840 | −0.012% | $2.2M | $1.9M | 20x | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.835 | −0.018% | $2K | $191K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.850 | 0.000% | $1K | $4.8M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 85.950 | +0.116% | $140K | $2K | 20x | as long as short |
| QFEX CRWV-USD | +0.0018% | 1h | 85.870 | +0.023% | $1.3M | $2.9M | 10x | as long as short |
| Lighter CRWVshort | +0.0032% | 1h | 85.890 | +0.047% | $104K | $30K | 10x | |
| Lighter RH CRWV | +0.0032% | 1h | 85.830 | −0.023% | $417K | $357K | 10x | as long as short |
Aster CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDT
QFEX CRWV-USD
Lighter RH CRWVShow 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 | −0.035% | $64K | $79K | 10x | as long as short |
| Variational Omni CRWV | +0.0040% | 8h | 85.839 | −0.013% | $313K | $309K | — | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.920 | +0.082% | — | $156K | 10x | as long as short |
| Ondo Perps CRWV-USD.Plong | +0.0050% | 1h | 85.850 | long leg | $332K | $133K | 10x | |
| edgeX CRWVUSDC | +0.0055% | 4h | 85.773 | −0.089% | $88K | $202K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 85.870 | +0.023% | $364K | $527K | 20x | as long as short |
| Binance CRWVUSDT | +0.0108% | 8h | 85.855 | +0.005% | $9.6M | $17.3M | 25x | as long as short |
| Extended CRWV-USD | +0.0112% | 1h | 85.838 | −0.014% | $16K | $312K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0183% | 1h | 85.796 | −0.063% | $9.7M | $8.2M | 10x | as long as short |
| Phoenix CRWV | +0.0278% | 1h | 85.910 | +0.070% | $1K | $46K | 10x | as long as short |
| Bybit CRWVUSDT | +0.0331% | 8h | 85.890 | +0.047% | $2.2M | $1.2M | 25x | as long as short |
| Polymarket Perps CRWV-USD | +0.0603% | 1h | 85.954 | +0.121% | $85K | $287K | 10x | as long as short |
Arcus CRWV-USD
Variational Omni CRWV
Vest CRWV-USD-PERP
edgeX CRWVUSDC
KuCoin CRWVUSDTM
Binance CRWVUSDT
Extended CRWV-USD
tradeXYZ xyz:CRWV
Phoenix CRWV
Bybit CRWVUSDT
Polymarket Perps CRWV-USD