Funding you earn now, next payment 00:00 UTC−0.0366%/8h= −40.1% APRnext payment −$0.46 per $10,000 · paid last 24h −0.030%
Price spread now: Lighter RH against Polymarket Perps−0.057%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$200.205% of the position
Funding, last 7 days−0.242%−$24 on $10k
+Price spread, last 3 days (all we have)−0.140%−$14 · spread now −0.057%, 7d avg −0.063%
=Together, before fees−0.383%+ Points / potential airdropLighter RH: Points live · farm board−$38 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.063%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.242% in total (about -12.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.46 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps CRWV-USD | 86.039 | 0.0398 | pay 0.0050% / 1h | 44m 25s | $66K | $198K | 10x |
| Short | Lighter RH CRWV | 85.990 | 0.0032 | get 0.0004% / 1h | 44m 25s | $422K | $445K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- −$76.91
- Price spread: −0.057% → −0.063%
- $0.57
- Slippage, 4 orders
- −$12.46
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$96.8
- Costs to cover
- 0.205%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 32 min ago; Lighter RH: 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 Polymarket Perps live order book, 32 min ago | 3.61 bp | 7.6 bp −$8 | 8.3 bp −$83 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 33 min ago | 1.75 bp | 2.5 bp −$3 | 9.2 bp −$92 | 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 | −0.0028% | 8h | 86.090 | +0.059% | $170K | $69K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 86.013 | −0.030% | $37K | $35K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 85.985 | −0.063% | $14K | $228K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 85.999 | −0.047% | $9.6M | $18.2M | 25x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 86.000 | −0.045% | $2.7M | $4.6M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 86.000 | −0.045% | $5.5M | $3.9M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 86.000 | −0.045% | $2.3M | $2.0M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 86.039 | 0.000% | $314K | $391K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 86.037 | −0.002% | $2K | $206K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.960 | −0.092% | $2K | $5.3M | 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 | 86.090 | +0.059% | $141K | $2K | 20x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 86.070 | +0.036% | $104K | $32K | 10x | as long as short |
| Lighter RH CRWVshort | +0.0032% | 1h | 85.990 | −0.057% | $422K | $445K | 10x | |
| QFEX CRWV-USD | +0.0037% | 1h | 85.980 | −0.069% | $1.3M | $3.3M | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 86.050 | +0.013% | — | $156K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.910 | −0.150% | $332K | $216K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 86.020 | −0.022% | $364K | $516K | 20x | as long as short |
| Phoenix CRWV | +0.0186% | 1h | 86.010 | −0.034% | $1K | $44K | 10x | as long as short |
| Bybit CRWVUSDT | +0.0195% | 8h | 86.040 | +0.001% | $2.2M | $1.2M | 25x | as long as short |
| tradeXYZ xyz:CRWV | +0.0295% | 1h | 85.979 | −0.070% | $9.6M | $7.6M | 10x | as long as short |
| Polymarket Perps CRWV-USDlong | +0.0398% | 1h | 86.039 | long leg | $66K | $198K | 10x | |
| Arcus CRWV-USD | +0.0456% | 1h | 85.990 | −0.057% | $61K | $76K | 10x | as long as short |
| edgeX CRWVUSDC | +0.0678% | 4h | 86.037 | −0.002% | $89K | $201K | 10x | as long as short |
Polymarket Perps CRWV-USD
Lighter RH 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
KuCoin CRWVUSDTM
Phoenix CRWV
Bybit CRWVUSDT
tradeXYZ xyz:CRWV
edgeX CRWVUSDC