Funding you earn now, next payment 04:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h +0.026%
Price spread now: OKX against Lighter−0.047%7-day average +0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$470.465% of the position
Funding, last 7 days+0.119%+$12 on $10k
+Price spread, last 4 days (all we have)+0.128%+$13 · spread now −0.047%, 7d avg +0.092%
=Together, before fees+0.247%+ Points / potential airdropLighter: Season 3 · farm board+$25 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.138% cheaper against Lighter than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.092%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.119%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CRWV | 85.940 | 0.0032 | pay 0.0004% / 1h | 34m 56s | $103K | $32K | 10x |
| Short | OKX CRWV-USDT-SWAP | 85.900 | 0 | get 0.0000% / 8h | 4h 34m | $2.5M | $4.8M | 25x |
Lighter CRWV
OKX CRWV-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$6.72
- Price spread: −0.047% → +0.092%
- −$13.83
- Slippage, 4 orders
- −$36.54
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$67.09
- Costs to cover
- 0.465%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 4 min ago; OKX: live order book, 3 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, 4 min ago | 11.63 bp | 11.6 bp −$12 | 13.8 bp −$138 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.75 bp | 8.3 bp −$8 | 30.0 bp −$300 | 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 | −0.0001% | 8h | 85.890 | −0.058% | $164K | $67K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 86.032 | +0.107% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAPshort | 0.0000% | 8h | 85.900 | −0.047% | $2.5M | $4.8M | 25x | |
| Gate CRWV_USDT | 0.0000% | 8h | 85.950 | +0.012% | $5.5M | $3.8M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.930 | −0.012% | $1.9M | $2.1M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 85.910 | −0.035% | $313K | $299K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.907 | −0.039% | $2K | $193K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.830 | −0.128% | $1K | $4.6M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 85.950 | +0.012% | $140K | $2K | 20x | as long as short |
| QFEX CRWV-USD | +0.0010% | 1h | 85.900 | −0.047% | $1.3M | $2.7M | 10x | as long as short |
BloFin CRWV-USDT
Aster CRWVUSDT
Gate CRWV_USDT
Bitget CRWVUSDT
Variational Omni CRWV
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDT
QFEX CRWV-USDShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CRWVUSDT | +0.0014% | 8h | 85.898 | −0.049% | $9.5M | $17.1M | 25x | as long as short |
| Extended CRWV-USD | +0.0016% | 1h | 85.876 | −0.075% | $14K | $306K | 10x | as long as short |
| Lighter CRWVlong | +0.0032% | 1h | 85.940 | long leg | $103K | $32K | 10x | |
| Lighter RH CRWV | +0.0032% | 1h | 85.900 | −0.047% | $418K | $348K | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 85.870 | −0.081% | $64K | $79K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.970 | +0.035% | — | $156K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0050% | 1h | 85.850 | −0.105% | $9.5M | $8.0M | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 85.892 | −0.056% | $85K | $289K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.880 | −0.070% | $322K | $145K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 85.920 | −0.023% | $364K | $521K | 20x | as long as short |
| Bybit CRWVUSDT | +0.0146% | 8h | 85.940 | 0.000% | $2.2M | $1.1M | 25x | as long as short |
| Phoenix CRWV | +0.0186% | 1h | 85.880 | −0.070% | $1K | $46K | 10x | as long as short |
| edgeX CRWVUSDC | +0.0334% | 4h | 85.902 | −0.044% | $88K | $203K | 10x | as long as short |
Binance CRWVUSDT
Extended CRWV-USD
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
edgeX CRWVUSDC