CRWV

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0019%/8h= −2.1% APRnext payment −$0.02 per $10,000 · paid last 24h −0.020%

Price spread now: Lighter RH against tradeXYZ+0.019%7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$340.342% of the position

Long on tradeXYZ Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days−0.071%−$7 on $10k

Price spread, last 4 days (all we have)−0.046%−$5 · spread now +0.019%, 7d avg −0.007%

Together, before fees−0.117%+ Points / potential airdroptradeXYZ: Active · Lighter RH: Points live · farm board−$12 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Lighter RH is 0.025% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.019% now, against its 7-day average of −0.007%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:CRWV	85.884	0.0051	pay 0.0006% / 1h	24m 21s	$9.7M	$8.1M	10x
Short	Lighter RH CRWV	85.900	0.0032	get 0.0004% / 1h	24m 21s	$418K	$352K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against tradeXYZ. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee tradeXYZbpFee Lighter RHbpOrdersPrice spread, now +0.019%Rate

Funding earned: −$4.09
Price spread: +0.019% → −0.007%: $2.54
Slippage, 4 orders: −$16.23
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$35.78
Costs to cover: 0.342%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 3 min ago; Lighter RH: live order book, 38 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 tradeXYZ live order book, 3 min ago	0.58 bp	12.9 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell Lighter RH live order book, 38 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	−0.0022%	8h	85.940	+0.065%	$166K	$67K	20x	as long as short
Aster CRWVUSDT	0.0000%	8h	86.024	+0.163%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	85.950	+0.077%	$2.5M	$4.8M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	85.930	+0.054%	$5.5M	$3.9M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	85.900	+0.019%	$2.0M	$2.0M	20x	as long as short
Variational Omni CRWV	0.0000%	8h	85.892	+0.010%	$313K	$300K	—	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	85.920	+0.042%	$2K	$190K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	85.820	−0.075%	$1K	$4.6M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	85.950	+0.077%	$140K	$2K	20x	as long as short
Lighter CRWV	+0.0032%	1h	85.950	+0.077%	$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	85.900	+0.019%	$418K	$352K	10x
QFEX CRWV-USD	+0.0032%	1h	85.880	−0.005%	$1.3M	$2.7M	10x	as long as short
Arcus CRWV-USD	+0.0040%	1h	85.880	−0.005%	$64K	$79K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	85.930	+0.054%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	85.790	−0.109%	$329K	$136K	10x	as long as short
tradeXYZ xyz:CRWVlong	+0.0051%	1h	85.884	long leg	$9.7M	$8.1M	10x
Binance CRWVUSDT	+0.0071%	8h	85.917	+0.038%	$9.6M	$17.0M	25x	as long as short
Extended CRWV-USD	+0.0072%	1h	85.878	−0.007%	$14K	$304K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	85.860	−0.028%	$363K	$527K	20x	as long as short
Polymarket Perps CRWV-USD	+0.0165%	1h	85.939	+0.064%	$85K	$289K	10x	as long as short
Phoenix CRWV	+0.0187%	1h	85.860	−0.028%	$1K	$46K	10x	as long as short
Bybit CRWVUSDT	+0.0219%	8h	85.930	+0.054%	$2.2M	$1.1M	25x	as long as short
edgeX CRWVUSDC	+0.0453%	4h	85.892	+0.009%	$88K	$202K	10x	as long as short