CRWV

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0204%/8h= +22.3% APRnext payment +$0.25 per $10,000 · paid last 24h +0.039%

Price spread now: Polymarket Perps against Lighter−0.024%7-day average +0.052% · you buy dearer than you sell

Net, funding: paid 7d − costs−$16as in the Funding arb table

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$420.419% of the position

Long on Lighter Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.261%+$26 on $10k

Price spread, last 4 days (all we have)+1.006%+$101 · spread now −0.024%, 7d avg +0.052%

Together, before fees+1.266%+ Points / potential airdropLighter: Season 3 · farm board+$127 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 0.077% cheaper against Lighter than usual: you would sell low and buy high (spread −0.024% now, against its 7-day average of +0.052%). If the spread goes back, that is −$8 on $10k: about 30 hours of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter CRWV	85.950	0.0032	pay 0.0004% / 1h	50m 09s	$104K	$29K	10x
Short	Polymarket Perps CRWV-USD	85.929	0.0236	get 0.0029% / 1h	50m 09s	$85K	$289K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee Polymarket PerpsbpOrdersPrice spread, now −0.024%Rate

Funding earned: $42.82
Price spread: −0.024% → +0.052%: −$7.65
Slippage, 4 orders: −$33.88
Fee Lighter: 0 bp × 2 orders: $0
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$6.71
Costs to cover: 0.419%
Break-even: 8.1 days

Slippage from Lighter: live order book, 59 min ago; Polymarket Perps: live order book, 12 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, 59 min ago	12.76 bp	12.8 bp −$13	14.9 bp −$149	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 12 min ago	2.56 bp	6.6 bp −$7	7.2 bp −$72	doesn't fit	doesn't fit

CRWV on 22 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	+0.120%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	85.930	−0.023%	$2.6M	$4.6M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	85.940	−0.012%	$5.5M	$3.9M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	85.900	−0.058%	$2.1M	$2.0M	20x	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	85.912	−0.044%	$2K	$191K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	85.830	−0.140%	$1K	$4.7M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	85.960	+0.012%	$140K	$2K	20x	as long as short
Variational Omni CRWV	+0.0024%	8h	85.918	−0.037%	$314K	$309K	—	as long as short
Lighter CRWVlong	+0.0032%	1h	85.950	long leg	$104K	$29K	10x
Lighter RH CRWV	+0.0032%	1h	85.900	−0.058%	$418K	$352K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CRWV-USD	+0.0032%	1h	85.870	−0.093%	$1.3M	$2.8M	10x	as long as short
Arcus CRWV-USD	+0.0040%	1h	85.880	−0.081%	$64K	$79K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	85.970	+0.023%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	85.760	−0.221%	$331K	$132K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	85.850	−0.116%	$364K	$530K	20x	as long as short
Binance CRWVUSDT	+0.0100%	8h	85.898	−0.061%	$9.6M	$17.1M	25x	as long as short
Extended CRWV-USD	+0.0104%	1h	85.874	−0.088%	$14K	$309K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0117%	1h	85.884	−0.077%	$9.7M	$8.2M	10x	as long as short
Phoenix CRWV	+0.0187%	1h	85.920	−0.035%	$1K	$46K	10x	as long as short
Polymarket Perps CRWV-USDshort	+0.0236%	1h	85.929	−0.024%	$85K	$289K	10x
Bybit CRWVUSDT	+0.0289%	8h	85.930	−0.023%	$2.2M	$1.1M	25x	as long as short
edgeX CRWVUSDC	+0.0702%	4h	85.912	−0.044%	$88K	$202K	10x	as long as short