Funding you earn now, next payment 03:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.020%
Price spread now: tradeXYZ against Lighter−0.089%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$480.480% of the position
Funding, last 7 days+0.075%+$8 on $10k
+Price spread, last 4 days (all we have)+0.054%+$5 · spread now −0.089%, 7d avg −0.010%
=Together, before fees+0.130%+ Points / potential airdropLighter: Season 3 · tradeXYZ: Active · farm board+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.080% cheaper against Lighter than usual: you would sell low and buy high (spread −0.089% now, against its 7-day average of −0.010%). If the spread goes back, that is −$8 on $10k: about 15 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CRWV | 86.150 | 0.0032 | pay 0.0004% / 1h | 0m 51s | $103K | $32K | 10x |
| Short | tradeXYZ xyz:CRWV | 86.073 | 0.0050 | get 0.0006% / 1h | 0m 51s | $9.7M | $7.9M | 10x |
Lighter CRWV
tradeXYZ xyz:CRWVFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $3.78
- Price spread: −0.089% → −0.010%
- −$7.99
- Slippage, 4 orders
- −$30.01
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$52.21
- Costs to cover
- 0.480%
- Break-even
- 103.7 days
Slippage from Lighter: live order book, 43 min ago; tradeXYZ: live order book, 8 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, 43 min ago | 11.05 bp | 11.1 bp −$11 | 13.2 bp −$132 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 8 min ago | 0.47 bp | 10.5 bp −$11 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin CRWV-USDT | −0.0022% | 8h | 86.130 | −0.023% | $166K | $67K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 86.233 | +0.096% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 86.080 | −0.081% | $2.5M | $4.8M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 86.150 | 0.000% | $5.5M | $3.9M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 86.120 | −0.035% | $2.0M | $2.0M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 86.123 | −0.031% | $314K | $299K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 86.080 | −0.081% | $2K | $192K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 86.070 | −0.093% | $1K | $4.6M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 86.170 | +0.023% | $141K | $2K | 20x | as long as short |
| Lighter CRWVlong | +0.0032% | 1h | 86.150 | long leg | $103K | $32K | 10x |
BloFin CRWV-USDT
Aster 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH CRWV | +0.0032% | 1h | 86.100 | −0.058% | $419K | $353K | 10x | as long as short |
| Extended CRWV-USD | +0.0032% | 1h | 86.105 | −0.053% | $17K | $307K | 10x | as long as short |
| QFEX CRWV-USD | +0.0032% | 1h | 86.110 | −0.046% | $1.4M | $2.7M | 10x | as long as short |
| Binance CRWVUSDT | +0.0035% | 8h | 86.130 | −0.023% | $9.6M | $17.0M | 25x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 86.060 | −0.104% | $64K | $79K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 86.200 | +0.058% | — | $156K | 10x | as long as short |
| tradeXYZ xyz:CRWVshort | +0.0050% | 1h | 86.073 | −0.089% | $9.7M | $7.9M | 10x | |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.970 | −0.209% | $330K | $138K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 86.090 | −0.070% | $364K | $519K | 20x | as long as short |
| Polymarket Perps CRWV-USD | +0.0119% | 1h | 86.124 | −0.030% | $85K | $289K | 10x | as long as short |
| Bybit CRWVUSDT | +0.0160% | 8h | 86.170 | +0.023% | $2.2M | $1.2M | 25x | as long as short |
| Phoenix CRWV | +0.0187% | 1h | 86.070 | −0.093% | $1K | $46K | 10x | as long as short |
| edgeX CRWVUSDC | +0.0898% | 4h | 86.060 | −0.104% | $89K | $203K | 10x | as long as short |
Lighter RH CRWV
Extended CRWV-USD
QFEX CRWV-USD
Binance CRWVUSDT
Arcus CRWV-USD
Vest CRWV-USD-PERP
Ondo Perps CRWV-USD.P
KuCoin CRWVUSDTM
Polymarket Perps CRWV-USD
Bybit CRWVUSDT
Phoenix CRWV
edgeX CRWVUSDC