Funding you earn now, next payment 05:00 UTC−0.0007%/8h= −0.8% APRnext payment −$0.01 per $10,000 · paid last 24h +0.002%
Price spread now: QFEX against Lighter RH−0.047%7-day average +0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$240.240% of the position
Funding, last 4 days (all we have)−0.015%−$2 on $10k
+Price spread, last 4 days (all we have)+0.246%+$25 · spread now −0.047%, 7d avg +0.069%
=Together, before fees+0.231%+ Points / potential airdropLighter RH: Points live · farm board+$23 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.116% cheaper against Lighter RH than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.069%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH CRWV | 85.250 | 0.0032 | pay 0.0004% / 1h | 38m 23s | $414K | $355K | 10x |
| Short | QFEX CRWV-USD | 85.210 | 0.0025 | get 0.0003% / 1h | 38m 23s | $1.3M | $2.5M | 10x |
Lighter RH CRWV
QFEX CRWV-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$1.56
- Price spread: −0.047% → +0.069%
- −$11.61
- Slippage, 4 orders
- −$14.01
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$37.18
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 14 min ago; QFEX: live order book, 4 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, 14 min ago | 3.50 bp | 4.3 bp −$4 | 10.4 bp −$104 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 2.34 bp | 7.3 bp −$7 | 10.3 bp −$103 | 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 | −0.0008% | 8h | 85.330 | +0.094% | $163K | $67K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 85.460 | +0.246% | $37K | $33K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 85.232 | −0.021% | $19K | $301K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 85.275 | +0.029% | $9.4M | $17.3M | 25x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.270 | +0.023% | $2.5M | $4.9M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.280 | +0.035% | $5.4M | $3.7M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.270 | +0.023% | $1.8M | $2.1M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 85.375 | +0.147% | $312K | $299K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.410 | +0.188% | $2K | $192K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.230 | −0.023% | $2K | $4.5M | 10x | as long as short |
BloFin CRWV-USDT
Aster CRWVUSDT
Extended CRWV-USD
Binance CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
Variational Omni CRWV
GRVT CRWV_USDT_Perp
SunX CRWV-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CRWV-USDT | 0.0000% | 8h | 85.360 | +0.129% | $140K | $2K | 20x | as long as short |
| QFEX CRWV-USDshort | +0.0025% | 1h | 85.210 | −0.047% | $1.3M | $2.5M | 10x | |
| Lighter CRWV | +0.0032% | 1h | 85.340 | +0.106% | $102K | $29K | 10x | as long as short |
| Lighter RH CRWVlong | +0.0032% | 1h | 85.250 | long leg | $414K | $355K | 10x | |
| Arcus CRWV-USD | +0.0040% | 1h | 85.340 | +0.106% | $64K | $78K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.260 | +0.012% | — | $156K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0050% | 1h | 85.248 | −0.002% | $9.4M | $8.0M | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 85.235 | −0.018% | $85K | $298K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.260 | +0.012% | $320K | $147K | 10x | as long as short |
| Phoenix CRWV | +0.0093% | 1h | 85.410 | +0.188% | $1K | $45K | 10x | as long as short |
| Bybit CRWVUSDT | +0.0099% | 8h | 85.280 | +0.035% | $2.1M | $1.1M | 25x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 85.230 | −0.023% | $361K | $519K | 20x | as long as short |
| edgeX CRWVUSDC | +0.0679% | 4h | 85.398 | +0.174% | $88K | $202K | 10x | as long as short |
HTX CRWV-USDT
Lighter CRWV
Arcus CRWV-USD
Vest CRWV-USD-PERP
tradeXYZ xyz:CRWV
Polymarket Perps CRWV-USD
Ondo Perps CRWV-USD.P
Phoenix CRWV
Bybit CRWVUSDT
KuCoin CRWVUSDTM
edgeX CRWVUSDC