Funding you earn now, next payment 11:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.033%
Price spread now: Lighter against Polymarket Perps−0.087%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$440.440% of the position
Funding, last 7 days−0.260%−$26 on $10k
+Price spread, last 4 days (all we have)−0.116%−$12 · spread now −0.087%, 7d avg −0.045%
=Together, before fees−0.376%+ Points / potential airdropLighter: Season 3 · farm board−$38 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter is 0.041% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.045%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps CRWV-USD | 85.184 | 0.0050 | pay 0.0006% / 1h | 49m 20s | $75K | $238K | 10x |
| Short | Lighter CRWV | 85.110 | 0.0032 | get 0.0004% / 1h | 49m 20s | $103K | $36K | 10x |
Polymarket Perps CRWV-USD
Lighter CRWVFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Polymarket 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
- −$3.78
- Price spread: −0.087% → −0.045%
- −$4.15
- Slippage, 4 orders
- −$36.05
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$51.97
- Costs to cover
- 0.440%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 61 min ago; Lighter: live order book, 55 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 Polymarket Perps live order book, 61 min ago | 1.90 bp | 9.2 bp −$9 | 9.2 bp −$92 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 55 min ago | 11.30 bp | 11.3 bp −$11 | 17.2 bp −$172 | doesn't fit | doesn't fit |
CRWV on 23 exchanges
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 | 85.135 | −0.057% | $37K | $33K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 85.092 | −0.108% | $15K | $274K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 85.140 | −0.052% | $8.3M | $22.5M | 25x | as long as short |
| Bybit CRWVUSDT | 0.0000% | 8h | 85.140 | −0.052% | $1.9M | $1.3M | 25x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.100 | −0.099% | $2.2M | $5.5M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.140 | −0.052% | $5.2M | $4.6M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.170 | −0.016% | $1.8M | $2.1M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 85.038 | −0.171% | $298K | $255K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 84.900 | −0.334% | $2K | $170K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.050 | −0.157% | $1K | $4.1M | 10x | as long as short |
Aster CRWVUSDT
Extended CRWV-USD
Binance CRWVUSDT
Bybit CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
Variational Omni CRWV
GRVT CRWV_USDT_Perp
SunX CRWV-USDTShow all 23 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CRWV-USDT | 0.0000% | 8h | 85.080 | −0.122% | $132K | $17K | 20x | as long as short |
| QFEX CRWV-USD | +0.0004% | 1h | 85.120 | −0.075% | $1.3M | $2.5M | 10x | as long as short |
| BloFin CRWV-USDT | +0.0013% | 8h | 85.020 | −0.193% | $151K | $62K | 20x | as long as short |
| Lighter CRWVshort | +0.0032% | 1h | 85.110 | −0.087% | $103K | $36K | 10x | |
| Lighter RH CRWV | +0.0032% | 1h | 85.150 | −0.040% | $356K | $496K | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 85.090 | −0.110% | $62K | $63K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.250 | +0.077% | — | $198K | 10x | as long as short |
| Polymarket Perps CRWV-USDlong | +0.0050% | 1h | 85.184 | long leg | $75K | $238K | 10x | |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.150 | −0.040% | $237K | $257K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0069% | 1h | 85.149 | −0.041% | $9.2M | $8.6M | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 85.120 | −0.075% | $357K | $680K | 20x | as long as short |
| Phoenix CRWV | +0.0188% | 1h | 84.930 | −0.298% | $2K | $42K | 10x | as long as short |
| edgeX CRWVUSDC | +0.0752% | 4h | 85.020 | −0.192% | $87K | $207K | 10x | as long as short |
HTX CRWV-USDT
QFEX CRWV-USD
BloFin CRWV-USDT
Lighter RH CRWV
Arcus CRWV-USD
Vest CRWV-USD-PERP
Ondo Perps CRWV-USD.P
tradeXYZ xyz:CRWV
KuCoin CRWVUSDTM
Phoenix CRWV
edgeX CRWVUSDC