Funding you earn now, next payment 04:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h +0.025%
Price spread now: BloFin against Lighter RH−0.058%91s7-day average +0.109% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as 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−$330.330% of the position
Funding, last 7 days+0.111%+$11 on $10k
+Price spread, last 4 days (all we have)+0.046%+$5 · spread now −0.058%, 7d avg +0.109%
=Together, before fees+0.157%+ Points / potential airdropLighter RH: Points live · farm board+$16 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 BloFin is 0.167% cheaper against Lighter RH than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.109%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.111%, so the current rate has only just turned against you. The two prices were read 91 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 | Lighter RH CRWV | 85.940 | 0.0032 | pay 0.0004% / 1h | 33m 41s | $418K | $348K | 10x |
| Short | BloFin CRWV-USDT | 85.890 | −0.0001 | pay 0.0001% / 8h | 4h 33m | $164K | $67K | 20x |
Lighter RH CRWV
BloFin CRWV-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Lighter RH. 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
- −$6.99
- Price spread: −0.058% → +0.109%
- −$16.74
- Slippage, 4 orders
- −$20.98
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$56.71
- Costs to cover
- 0.330%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 24 min ago; BloFin: live order book, 63 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 RH live order book, 24 min ago | 2.91 bp | 3.6 bp −$4 | 9.8 bp −$98 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 63 min ago | 0.58 bp | 13.1 bp −$13 | 34.0 bp −$340 | 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-USDTshort | −0.0001% | 8h | 85.890 | −0.058% | $164K | $67K | 20x | |
| Aster CRWVUSDT | 0.0000% | 8h | 86.047 | +0.125% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.940 | 0.000% | $2.5M | $4.8M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.970 | +0.035% | $5.5M | $3.8M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.940 | 0.000% | $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 |
Aster CRWVUSDT
OKX CRWV-USDT-SWAP
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 | +0.0012% | 8h | 85.952 | +0.014% | $9.5M | $17.1M | 25x | as long as short |
| Extended CRWV-USD | +0.0016% | 1h | 85.914 | −0.030% | $14K | $306K | 10x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 85.990 | +0.058% | $103K | $32K | 10x | as long as short |
| Lighter RH CRWVlong | +0.0032% | 1h | 85.940 | long leg | $418K | $348K | 10x | |
| Arcus CRWV-USD | +0.0040% | 1h | 85.860 | −0.093% | $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 | 85.896 | −0.051% | $9.5M | $8.0M | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 85.899 | −0.048% | $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 | 85.930 | −0.012% | $364K | $521K | 20x | as long as short |
| Bybit CRWVUSDT | +0.0143% | 8h | 85.970 | +0.035% | $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 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