Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: Lighter RH against QFEX+0.035%7-day average −0.071% · 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−$64as in the Price arb table
costs, in and out, $10k−$750.750% of the position
Funding, last 4 days (all we have)+0.015%+$1 on $10k
+Price spread, last 4 days (all we have)−0.584%−$58 · spread now +0.035%, 7d avg −0.071%
=Together, before fees−0.569%+ Points / potential airdropLighter RH: Points live · farm board−$57 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 RH is 0.106% dearer against QFEX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.071%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX CRWV-USD | 85.880 | 0.0032 | pay 0.0004% / 1h | 26m 53s | $1.3M | $2.7M | 10x |
| Short | Lighter RH CRWV | 85.910 | 0.0032 | get 0.0004% / 1h | 26m 53s | $418K | $352K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- −$0.07
- Price spread: +0.035% → −0.071%
- $10.56
- Slippage, 4 orders
- −$65.01
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$64.51
- Costs to cover
- 0.750%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 6 min ago; Lighter RH: live order book, 35 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, 6 min ago | 13.97 bp | 34.5 bp −$34 | 37.6 bp −$376 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 35 min ago | 4.08 bp | 4.1 bp −$4 | 14.1 bp −$141 | 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 | −0.0013% | 8h | 85.890 | +0.012% | $165K | $67K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 86.045 | +0.193% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.920 | +0.047% | $2.5M | $4.8M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.920 | +0.047% | $5.5M | $3.9M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.890 | +0.012% | $2.0M | $2.0M | 20x | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.961 | +0.094% | $2K | $190K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.810 | −0.082% | $1K | $4.6M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 86.000 | +0.140% | $141K | $2K | 20x | as long as short |
| Variational Omni CRWV | +0.0004% | 8h | 85.932 | +0.061% | $314K | $300K | — | as long as short |
| Lighter CRWV | +0.0032% | 1h | 85.970 | +0.105% | $103K | $30K | 10x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH CRWVshort | +0.0032% | 1h | 85.910 | +0.035% | $418K | $352K | 10x | |
| QFEX CRWV-USDlong | +0.0032% | 1h | 85.880 | long leg | $1.3M | $2.7M | 10x | |
| Arcus CRWV-USD | +0.0040% | 1h | 85.900 | +0.023% | $64K | $79K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.960 | +0.093% | — | $156K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.840 | −0.047% | $329K | $136K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0059% | 1h | 85.860 | −0.023% | $9.7M | $8.2M | 10x | as long as short |
| Binance CRWVUSDT | +0.0078% | 8h | 85.910 | +0.035% | $9.6M | $17.1M | 25x | as long as short |
| Extended CRWV-USD | +0.0080% | 1h | 85.883 | +0.004% | $14K | $306K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 85.870 | −0.012% | $363K | $528K | 20x | as long as short |
| Polymarket Perps CRWV-USD | +0.0158% | 1h | 85.922 | +0.049% | $85K | $289K | 10x | as long as short |
| Phoenix CRWV | +0.0187% | 1h | 85.900 | +0.023% | $1K | $46K | 10x | as long as short |
| Bybit CRWVUSDT | +0.0236% | 8h | 85.950 | +0.082% | $2.2M | $1.1M | 25x | as long as short |
| edgeX CRWVUSDC | +0.0707% | 4h | 85.949 | +0.080% | $89K | $201K | 10x | as long as short |
Lighter RH CRWV
BloFin CRWV-USDT
Aster CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDT
Variational Omni CRWV
Lighter CRWV
tradeXYZ xyz:CRWV
Binance CRWVUSDT
Extended CRWV-USD
KuCoin CRWVUSDTM
Polymarket Perps CRWV-USD
Phoenix CRWV
Bybit CRWVUSDT
edgeX CRWVUSDC