Funding you earn now, next payment 04:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.020%
Price spread now: KuCoin against Lighter−0.081%7-day average +0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$186as in the Funding arb table
Net, price: spread back to 7d avg − costs−$213as in the Price arb table
costs, in and out, $10k−$2002.005% of the position
Funding, last 7 days+0.146%+$15 on $10k
+Price spread, last 4 days (all we have)+0.368%+$37 · spread now −0.081%, 7d avg +0.039%
=Together, before fees+0.514%+ Points / potential airdropLighter: Season 3 · farm board+$51 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.121% cheaper against Lighter than usual: you would sell low and buy high (spread −0.081% now, against its 7-day average of +0.039%). If the spread goes back, that is −$12 on $10k: about 5.9 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CRWV | 85.990 | 0.0032 | pay 0.0004% / 1h | 32m 54s | $103K | $32K | 10x |
| Short | KuCoin CRWVUSDTM | 85.920 | 0.0100 | get 0.0100% / 8h | 4h 32m | $363K | $521K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Lighter. 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
- $14.28
- Price spread: −0.081% → +0.039%
- −$12.07
- Slippage, 4 orders
- −$188.46
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$198.25
- Costs to cover
- 2.005%
- Break-even
- 104.2 days
Slippage from Lighter: live order book, 6 min ago; KuCoin: live order book, 50 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 Lighter live order book, 6 min ago | 11.63 bp | 11.6 bp −$12 | 13.8 bp −$138 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 50 min ago | 14.55 bp | 109.4 bp −$109 | doesn't fit | 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 | 86.053 | +0.073% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.940 | −0.058% | $2.5M | $4.8M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.970 | −0.023% | $5.5M | $3.8M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.940 | −0.058% | $1.9M | $2.1M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 85.910 | −0.093% | $313K | $299K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.905 | −0.099% | $2K | $193K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.880 | −0.128% | $1K | $4.6M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 86.010 | +0.023% | $141K | $2K | 20x | as long as short |
| BloFin CRWV-USDT | +0.0007% | 8h | 85.970 | −0.023% | $164K | $67K | 20x | as long as short |
| Extended CRWV-USD | +0.0008% | 1h | 85.958 | −0.038% | $14K | $306K | 10x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX CRWV-USD | +0.0010% | 1h | 85.930 | −0.070% | $1.3M | $2.7M | 10x | as long as short |
| Binance CRWVUSDT | +0.0012% | 8h | 85.980 | −0.012% | $9.5M | $17.1M | 25x | as long as short |
| Lighter CRWVlong | +0.0032% | 1h | 85.990 | long leg | $103K | $32K | 10x | |
| Lighter RH CRWV | +0.0032% | 1h | 85.940 | −0.058% | $418K | $348K | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 85.870 | −0.140% | $64K | $79K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 86.000 | +0.012% | — | $156K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0050% | 1h | 85.913 | −0.090% | $9.5M | $8.0M | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 85.934 | −0.065% | $85K | $289K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.880 | −0.128% | $322K | $145K | 10x | as long as short |
| KuCoin CRWVUSDTMshort | +0.0100% | 8h | 85.920 | −0.081% | $363K | $521K | 20x | |
| Bybit CRWVUSDT | +0.0143% | 8h | 85.970 | −0.023% | $2.2M | $1.1M | 25x | as long as short |
| edgeX CRWVUSDC | +0.0152% | 4h | 85.893 | −0.112% | $88K | $203K | 10x | as long as short |
| Phoenix CRWV | +0.0186% | 1h | 85.880 | −0.128% | $1K | $46K | 10x | as long as short |
Lighter CRWV
KuCoin CRWVUSDTM
Aster CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
Variational Omni CRWV
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDT
BloFin CRWV-USDT
Extended CRWV-USD
Binance CRWVUSDT
Lighter RH CRWV
tradeXYZ xyz:CRWV
Polymarket Perps CRWV-USD
Bybit CRWVUSDT
edgeX CRWVUSDC
Phoenix CRWV