Funding you earn now, next payment 09:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h +0.044%
Price spread now: Bybit against Lighter RH+0.024%7-day average +0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$420.422% of the position
Funding, last 7 days+0.230%+$23 on $10k
+Price spread, last 4 days (all we have)+0.039%+$4 · spread now +0.024%, 7d avg +0.096%
=Together, before fees+0.268%+ Points / potential airdropLighter RH: Points live · farm board+$27 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 Bybit is 0.072% cheaper against Lighter RH than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.096%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.230%, 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 RH CRWV | 83.830 | 0.0032 | pay 0.0004% / 1h | 20m 50s | $373K | $450K | 10x |
| Short | Bybit CRWVUSDT | 83.850 | 0 | get 0.0000% / 8h | 7h 20m | $1.9M | $1.3M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$6.72
- Price spread: +0.024% → +0.096%
- −$7.19
- Slippage, 4 orders
- −$31.19
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$56.1
- Costs to cover
- 0.422%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 11 min ago; Bybit: live order book, 6 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, 11 min ago | 4.80 bp | 4.8 bp −$5 | 12.5 bp −$125 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 6 min ago | 4.80 bp | 14.2 bp −$14 | 69.6 bp −$696 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CRWVUSDT | −0.0238% | 8h | 83.850 | +0.024% | $1.8M | $1.9M | 20x | as long as short |
| GRVT CRWV_USDT_Perp | −0.0018% | 8h | 83.582 | −0.296% | $2K | $186K | 10x | as long as short |
| BloFin CRWV-USDT | −0.0017% | 8h | 83.700 | −0.155% | $152K | $62K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 83.780 | −0.060% | $36K | $34K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 83.842 | +0.014% | $16K | $264K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 83.840 | +0.012% | $9.3M | $19.5M | 25x | as long as short |
| Bybit CRWVUSDTshort | 0.0000% | 8h | 83.850 | +0.024% | $1.9M | $1.3M | 25x | |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 83.860 | +0.036% | $2.2M | $5.5M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 83.840 | +0.012% | $5.2M | $4.5M | 50x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 83.898 | +0.081% | $294K | $266K | — | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CRWV-USDT | 0.0000% | 8h | 83.880 | +0.060% | $2K | $4.1M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 83.630 | −0.239% | $131K | $15K | 20x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 83.780 | −0.060% | $101K | $37K | 10x | as long as short |
| Lighter RH CRWVlong | +0.0032% | 1h | 83.830 | long leg | $373K | $450K | 10x | |
| QFEX CRWV-USD | +0.0033% | 1h | 83.730 | −0.119% | $1.3M | $2.4M | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 83.660 | −0.203% | $61K | $60K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 83.670 | −0.191% | — | $198K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0050% | 1h | 83.851 | +0.025% | $9.1M | $8.7M | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 83.647 | −0.218% | $73K | $237K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 83.350 | −0.573% | $306K | $166K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 83.710 | −0.143% | $351K | $602K | 20x | as long as short |
| Phoenix CRWV | +0.0285% | 1h | 83.630 | −0.239% | $2K | $40K | 10x | as long as short |
| edgeX CRWVUSDC | +0.0952% | 4h | 83.554 | −0.329% | $86K | $203K | 10x | as long as short |
Lighter RH CRWV
Bybit CRWVUSDT
Bitget CRWVUSDT
GRVT CRWV_USDT_Perp
BloFin CRWV-USDT
Aster CRWVUSDT
Extended CRWV-USD
Binance CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Variational Omni CRWV
SunX CRWV-USDT
HTX CRWV-USDT
Lighter CRWV
tradeXYZ xyz:CRWV
Polymarket Perps CRWV-USD
KuCoin CRWVUSDTM
Phoenix CRWV
edgeX CRWVUSDC