Funding you earn now, next payment 02:00 UTC+0.0007%/8h= +0.7% APRpaid last 24h +0.005%
Price spread now: Lighter against Variational Omni+0.050%7-day average −0.087% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.025%+$2 on $10k
+Price spread, last 4 days (all we have)−0.377%−$38 · spread now +0.050%, 7d avg −0.087%
=Together, before fees−0.352%+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · farm board−$35 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 0.137% dearer against Variational Omni than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.087%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni CRWV | 85.967 | 0.0041 | pay 0.0041% / 8h | 6h 44m | $314K | $391K | — |
| Short | Lighter CRWV | 86.010 | 0.0048 | get 0.0006% / 1h | 44m 59s | $104K | $30K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Variational Omni. 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
- $1.41
- Price spread: +0.050% → −0.087%
- $13.7
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $15.11
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 24 min ago; Lighter: live order book, 4 min ago. Net counts fees only.
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 Variational Omni RFQ quote, 24 min ago | 3.66 bp | doesn't fit | 26.5 bp −$265 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 4 min ago | 12.76 bp | 15.1 bp −$15 | 28.3 bp −$283 | 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 | −0.0027% | 8h | 86.180 | +0.248% | $171K | $68K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 86.087 | +0.140% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.930 | −0.043% | $2.6M | $4.6M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.970 | +0.004% | $5.5M | $3.9M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.980 | +0.015% | $2.2M | $1.9M | 20x | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 86.100 | +0.155% | $2K | $192K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.890 | −0.089% | $1K | $4.9M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 85.990 | +0.027% | $141K | $2K | 20x | as long as short |
| QFEX CRWV-USD | +0.0018% | 1h | 85.950 | −0.019% | $1.3M | $3.0M | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 85.930 | −0.043% | $417K | $356K | 10x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus CRWV-USD | +0.0040% | 1h | 85.960 | −0.008% | $64K | $78K | 10x | as long as short |
| Variational Omni CRWVlong | +0.0041% | 8h | 85.967 | long leg | $314K | $391K | — | |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 86.000 | +0.039% | — | $156K | 10x | as long as short |
| Lighter CRWVshort | +0.0048% | 1h | 86.010 | +0.050% | $104K | $30K | 10x | |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.850 | −0.136% | $332K | $219K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 85.920 | −0.054% | $364K | $518K | 20x | as long as short |
| Extended CRWV-USD | +0.0112% | 1h | 85.928 | −0.045% | $14K | $303K | 10x | as long as short |
| Binance CRWVUSDT | +0.0113% | 8h | 85.950 | −0.019% | $9.6M | $17.5M | 25x | as long as short |
| Phoenix CRWV | +0.0278% | 1h | 85.960 | −0.008% | $1K | $46K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0331% | 1h | 85.931 | −0.041% | $10.0M | $7.9M | 10x | as long as short |
| Bybit CRWVUSDT | +0.0383% | 8h | 86.000 | +0.039% | $2.2M | $1.2M | 25x | as long as short |
| edgeX CRWVUSDC | +0.0636% | 4h | 85.992 | +0.029% | $89K | $202K | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0655% | 1h | 86.040 | +0.085% | $70K | $266K | 10x | as long as short |
Variational Omni CRWV
Lighter 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
Lighter RH CRWV
KuCoin CRWVUSDTM
Extended CRWV-USD
Binance CRWVUSDT
Phoenix CRWV
tradeXYZ xyz:CRWV
Bybit CRWVUSDT
edgeX CRWVUSDC
Polymarket Perps CRWV-USD