Funding you earn now, next payment 04:00 UTC−0.0019%/8h= −2.0% APRpaid last 24h −0.126%
Price spread now: Lighter against edgeX−0.070%109s7-day average −0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs+$7as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$530.534% of the position
Funding, last 7 days+0.607%+$61 on $10k
+Price spread, last 4 days (all we have)−0.035%−$3 · spread now −0.070%, 7d avg −0.090%
=Together, before fees+0.572%+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm board+$57 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.020% dearer against edgeX than usual: you sell high and buy low (spread −0.070% now, against its 7-day average of −0.090%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.6 days. Mind the row above: over the last 7 days funding on this pair paid +0.607%, so the current rate has only just turned against you. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX CRWVUSDC | 85.840 | 0.0051 | pay 0.0025% / 4h | 11m 41s | $88K | $204K | 10x |
| Short | Lighter CRWV | 85.780 | 0.0032 | get 0.0004% / 1h | 11m 41s | $103K | $32K | 10x |
edgeX CRWVUSDC
Lighter CRWVFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against edgeX. 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
- −$3.93
- Price spread: −0.070% → −0.090%
- $2
- Slippage, 4 orders
- −$44.43
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$55.36
- Costs to cover
- 0.534%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 45 min ago; Lighter: live order book, 28 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 edgeX live order book, 45 min ago | 6.98 bp | 13.4 bp −$13 | 41.5 bp −$415 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 28 min ago | 11.63 bp | 15.1 bp −$15 | 29.2 bp −$292 | 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 | 85.905 | +0.076% | $37K | $33K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 85.736 | −0.121% | $19K | $307K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 85.760 | −0.093% | $9.5M | $17.0M | 25x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.710 | −0.151% | $2.5M | $4.8M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.790 | −0.058% | $5.5M | $3.8M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.750 | −0.104% | $1.9M | $2.1M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 85.945 | +0.123% | $314K | $299K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.822 | −0.021% | $2K | $193K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.670 | −0.198% | $1K | $4.5M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 85.800 | −0.046% | $140K | $2K | 20x | as long as short |
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-USDT
HTX CRWV-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX CRWV-USD | +0.0010% | 1h | 85.750 | −0.104% | $1.4M | $2.6M | 10x | as long as short |
| BloFin CRWV-USDT | +0.0015% | 8h | 85.780 | −0.070% | $164K | $67K | 20x | as long as short |
| Lighter CRWVshort | +0.0032% | 1h | 85.780 | −0.070% | $103K | $32K | 10x | |
| Lighter RH CRWV | +0.0032% | 1h | 85.720 | −0.139% | $419K | $351K | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 85.760 | −0.093% | $64K | $79K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.790 | −0.058% | — | $156K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0050% | 1h | 85.692 | −0.172% | $9.4M | $8.0M | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 85.712 | −0.149% | $83K | $290K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.740 | −0.116% | $322K | $147K | 10x | as long as short |
| edgeX CRWVUSDClong | +0.0051% | 4h | 85.840 | long leg | $88K | $204K | 10x | |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 85.720 | −0.139% | $362K | $521K | 20x | as long as short |
| Bybit CRWVUSDT | +0.0130% | 8h | 85.780 | −0.070% | $2.2M | $1.1M | 25x | as long as short |
| Phoenix CRWV | +0.0186% | 1h | 85.930 | +0.105% | $1K | $46K | 10x | as long as short |
QFEX CRWV-USD
BloFin CRWV-USDT
Lighter RH 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