Funding you earn now, next payment 09:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.036%
Price spread now: Lighter RH against Polymarket Perps−0.029%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$250.254% of the position
Funding, last 7 days−0.258%−$26 on $10k
+Price spread, last 4 days (all we have)−0.457%−$46 · spread now −0.029%, 7d avg −0.060%
=Together, before fees−0.714%+ Points / potential airdropLighter RH: Points live · farm board−$71 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter RH is 0.031% dearer against Polymarket Perps than usual: you sell high and buy low (spread −0.029% now, against its 7-day average of −0.060%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.8 days. At the pace of the last 7 days (−0.258% in total) that is about 20 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps CRWV-USD | 83.834 | 0.0050 | pay 0.0006% / 1h | 19m 59s | $73K | $237K | 10x |
| Short | Lighter RH CRWV | 83.810 | 0.0032 | get 0.0004% / 1h | 19m 59s | $372K | $450K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Polymarket Perps. 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: −0.029% → −0.060%
- $3.11
- Slippage, 4 orders
- −$17.41
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$26.09
- Costs to cover
- 0.254%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 77 min ago; Lighter RH: 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 Polymarket Perps live order book, 77 min ago | 2.31 bp | 8.6 bp −$9 | 8.9 bp −$89 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 12 min ago | 4.80 bp | 5.7 bp −$6 | 15.9 bp −$159 | 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 | −0.0233% | 8h | 83.870 | +0.043% | $1.8M | $1.9M | 20x | as long as short |
| GRVT CRWV_USDT_Perp | −0.0018% | 8h | 83.582 | −0.301% | $2K | $186K | 10x | as long as short |
| BloFin CRWV-USDT | −0.0017% | 8h | 83.700 | −0.160% | $152K | $62K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 83.825 | −0.011% | $36K | $34K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 83.862 | +0.033% | $16K | $264K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 83.908 | +0.088% | $9.3M | $19.5M | 25x | as long as short |
| Bybit CRWVUSDT | 0.0000% | 8h | 83.880 | +0.055% | $1.9M | $1.3M | 25x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 83.900 | +0.079% | $2.2M | $5.5M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 83.830 | −0.005% | $5.2M | $4.5M | 50x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 83.898 | +0.076% | $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 | 83.900 | +0.079% | $2K | $4.1M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 83.630 | −0.243% | $131K | $15K | 20x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 83.750 | −0.100% | $101K | $37K | 10x | as long as short |
| Lighter RH CRWVshort | +0.0032% | 1h | 83.810 | −0.029% | $372K | $450K | 10x | |
| QFEX CRWV-USD | +0.0033% | 1h | 83.840 | +0.007% | $1.3M | $2.4M | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 83.800 | −0.041% | $62K | $60K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 83.800 | −0.041% | — | $198K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0050% | 1h | 83.841 | +0.008% | $9.1M | $8.7M | 10x | as long as short |
| Polymarket Perps CRWV-USDlong | +0.0050% | 1h | 83.834 | long leg | $73K | $237K | 10x | |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 83.640 | −0.231% | $306K | $166K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 83.810 | −0.029% | $352K | $602K | 20x | as long as short |
| Phoenix CRWV | +0.0285% | 1h | 83.630 | −0.243% | $2K | $40K | 10x | as long as short |
| edgeX CRWVUSDC | +0.0952% | 4h | 83.554 | −0.334% | $86K | $203K | 10x | as long as short |
Polymarket Perps CRWV-USD
Lighter RH CRWV
Bitget CRWVUSDT
GRVT CRWV_USDT_Perp
BloFin CRWV-USDT
Aster CRWVUSDT
Extended CRWV-USD
Binance CRWVUSDT
Bybit CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Variational Omni CRWV
SunX CRWV-USDT
HTX CRWV-USDT
Lighter CRWV
tradeXYZ xyz:CRWV
KuCoin CRWVUSDTM
Phoenix CRWV
edgeX CRWVUSDC