Funding you earn now, next payment 04:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h −0.012%
Price spread now: Lighter RH against Binance−0.023%7-day average −0.111% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$240.238% of the position
Funding, last 7 days−0.036%−$4 on $10k
+Price spread, last 4 days (all we have)−0.139%−$14 · spread now −0.023%, 7d avg −0.111%
=Together, before fees−0.174%+ Points / potential airdropLighter RH: Points live · farm board−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter RH is 0.087% dearer against Binance than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.111%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CRWVUSDT | 85.760 | 0 | get 0.0000% / 8h | 4h 08m | $9.5M | $17.0M | 25x |
| Short | Lighter RH CRWV | 85.740 | 0.0032 | get 0.0004% / 1h | 8m 02s | $419K | $351K | 10x |
Binance CRWVUSDT
Lighter RH CRWVFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Binance. 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
- $6.72
- Price spread: −0.023% → −0.111%
- $8.74
- Slippage, 4 orders
- −$13.8
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$8.34
- Costs to cover
- 0.238%
- Break-even
- 15.7 days
Slippage from Binance: live order book, 3 min ago; Lighter RH: live order book, 49 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 Binance live order book, 3 min ago | 0.58 bp | 7.1 bp −$7 | 18.4 bp −$184 | 85.2 bp −$8,515 | doesn't fit |
| Sell Lighter RH live order book, 49 min ago | 2.91 bp | 3.3 bp −$3 | 13.7 bp −$137 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CRWVUSDT | 0.0000% | 8h | 85.906 | +0.170% | $37K | $33K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 85.736 | −0.028% | $19K | $307K | 10x | as long as short |
| Binance CRWVUSDTlong | 0.0000% | 8h | 85.760 | long leg | $9.5M | $17.0M | 25x | |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.780 | +0.023% | $2.5M | $4.8M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.780 | +0.023% | $5.5M | $3.8M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.750 | −0.012% | $1.9M | $2.1M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 85.764 | +0.005% | $313K | $299K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.781 | +0.024% | $2K | $193K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.700 | −0.070% | $2K | $4.5M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 85.820 | +0.070% | $140K | $2K | 20x | as long as short |
Aster CRWVUSDT
Extended CRWV-USD
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
Variational Omni CRWV
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin CRWV-USDT | +0.0007% | 8h | 85.810 | +0.058% | $164K | $67K | 20x | as long as short |
| QFEX CRWV-USD | +0.0010% | 1h | 85.750 | −0.012% | $1.3M | $2.6M | 10x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 85.790 | +0.035% | $103K | $32K | 10x | as long as short |
| Lighter RH CRWVshort | +0.0032% | 1h | 85.740 | −0.023% | $419K | $351K | 10x | |
| Arcus CRWV-USD | +0.0040% | 1h | 85.730 | −0.035% | $64K | $79K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.800 | +0.047% | — | $156K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0050% | 1h | 85.720 | −0.047% | $9.5M | $8.0M | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 85.720 | −0.047% | $84K | $291K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.700 | −0.070% | $322K | $146K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 85.740 | −0.023% | $363K | $520K | 20x | as long as short |
| Bybit CRWVUSDT | +0.0136% | 8h | 85.780 | +0.023% | $2.2M | $1.1M | 25x | as long as short |
| Phoenix CRWV | +0.0186% | 1h | 85.760 | 0.000% | $1K | $46K | 10x | as long as short |
| edgeX CRWVUSDC | +0.0392% | 4h | 85.754 | −0.007% | $88K | $202K | 10x | as long as short |
BloFin CRWV-USDT
QFEX CRWV-USD
Lighter CRWV
Arcus CRWV-USD
Vest CRWV-USD-PERP
tradeXYZ xyz:CRWV
Polymarket Perps CRWV-USD
Ondo Perps CRWV-USD.P
KuCoin CRWVUSDTM
Bybit CRWVUSDT
Phoenix CRWV
edgeX CRWVUSDC