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: Lighter against QFEX+0.151%7-day average −0.063% · you sell dearer than you buy
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−$500.502% of the position
Funding, last 3 days (all we have)+0.011%+$1 on $10k
+Price spread, last 4 days (all we have)−0.267%−$27 · spread now +0.151%, 7d avg −0.063%
=Together, before fees−0.256%+ Points / potential airdropLighter: Season 3 · farm board−$26 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: Lighter is 0.214% dearer against QFEX than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of −0.063%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX CRWV-USD | 85.970 | 0.0037 | pay 0.0005% / 1h | 45m 18s | $1.3M | $3.3M | 10x |
| Short | Lighter CRWV | 86.100 | 0.0032 | get 0.0004% / 1h | 45m 18s | $104K | $32K | 10x |
QFEX CRWV-USD
Lighter CRWVFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against QFEX. 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
- −$0.99
- Price spread: +0.151% → −0.063%
- $21.44
- Slippage, 4 orders
- −$40.24
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$29.79
- Costs to cover
- 0.502%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 3 min ago; Lighter: live order book, 14 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 QFEX live order book, 3 min ago | 1.74 bp | 9.0 bp −$9 | 11.1 bp −$111 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 14 min ago | 13.94 bp | 18.2 bp −$18 | 25.2 bp −$252 | 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 | −0.0019% | 8h | 86.030 | +0.070% | $170K | $69K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 86.027 | +0.066% | $37K | $35K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 86.033 | +0.073% | $14K | $228K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 86.049 | +0.092% | $9.6M | $18.2M | 25x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 86.040 | +0.081% | $2.7M | $4.6M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 86.030 | +0.070% | $5.5M | $3.9M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 86.030 | +0.070% | $2.3M | $2.0M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 86.039 | +0.081% | $314K | $391K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 86.037 | +0.078% | $2K | $206K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.960 | −0.012% | $2K | $5.3M | 10x | as long as short |
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-USDTShow 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 | +0.140% | $141K | $2K | 20x | as long as short |
| Lighter CRWVshort | +0.0032% | 1h | 86.100 | +0.151% | $104K | $32K | 10x | |
| Lighter RH CRWV | +0.0032% | 1h | 86.030 | +0.070% | $422K | $445K | 10x | as long as short |
| QFEX CRWV-USDlong | +0.0037% | 1h | 85.970 | long leg | $1.3M | $3.3M | 10x | |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 86.080 | +0.128% | — | $156K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.910 | −0.070% | $332K | $216K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 86.020 | +0.058% | $364K | $515K | 20x | as long as short |
| Phoenix CRWV | +0.0186% | 1h | 86.010 | +0.047% | $1K | $44K | 10x | as long as short |
| Bybit CRWVUSDT | +0.0195% | 8h | 86.090 | +0.140% | $2.2M | $1.2M | 25x | as long as short |
| tradeXYZ xyz:CRWV | +0.0308% | 1h | 86.008 | +0.044% | $9.6M | $7.6M | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0409% | 1h | 86.068 | +0.114% | $66K | $198K | 10x | as long as short |
| Arcus CRWV-USD | +0.0456% | 1h | 86.020 | +0.058% | $61K | $76K | 10x | as long as short |
| edgeX CRWVUSDC | +0.0678% | 4h | 86.037 | +0.078% | $89K | $201K | 10x | as long as short |
HTX CRWV-USDT
Lighter RH CRWV
Vest CRWV-USD-PERP
Ondo Perps CRWV-USD.P
KuCoin CRWVUSDTM
Phoenix CRWV
Bybit CRWVUSDT
tradeXYZ xyz:CRWV
Polymarket Perps CRWV-USD
Arcus CRWV-USD
edgeX CRWVUSDC