Funding you earn now, next payment 04:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.020%
Price spread now: Lighter RH against tradeXYZ+0.015%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$300.296% of the position
Funding, last 7 days−0.071%−$7 on $10k
+Price spread, last 4 days (all we have)−0.043%−$4 · spread now +0.015%, 7d avg −0.007%
=Together, before fees−0.114%+ Points / potential airdroptradeXYZ: Active · Lighter RH: Points live · farm board−$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter RH is 0.022% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.015% now, against its 7-day average of −0.007%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:CRWV | 86.057 | 0.0050 | pay 0.0006% / 1h | 59m 16s | $9.6M | $7.9M | 10x |
| Short | Lighter RH CRWV | 86.070 | 0.0032 | get 0.0004% / 1h | 59m 16s | $419K | $353K | 10x |
tradeXYZ xyz:CRWV
Lighter RH CRWVFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against tradeXYZ. 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: +0.015% → −0.007%
- $2.19
- Slippage, 4 orders
- −$11.62
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$31.21
- Costs to cover
- 0.296%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 9 min ago; Lighter RH: 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 tradeXYZ live order book, 9 min ago | 0.47 bp | 9.9 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 63 min ago | 4.08 bp | 4.1 bp −$4 | 14.1 bp −$141 | 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 | +0.085% | $166K | $67K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 86.203 | +0.169% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 86.080 | +0.027% | $2.5M | $4.8M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 86.120 | +0.073% | $5.5M | $3.7M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 86.090 | +0.038% | $2.0M | $2.1M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 86.123 | +0.077% | $314K | $299K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 86.129 | +0.083% | $2K | $191K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 86.040 | −0.020% | $1K | $4.6M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 86.170 | +0.131% | $141K | $2K | 20x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 86.100 | +0.050% | $103K | $32K | 10x | as long as short |
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-USDT
Lighter CRWVShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH CRWVshort | +0.0032% | 1h | 86.070 | +0.015% | $419K | $353K | 10x | |
| Extended CRWV-USD | +0.0032% | 1h | 86.065 | +0.010% | $17K | $307K | 10x | as long as short |
| QFEX CRWV-USD | +0.0032% | 1h | 86.080 | +0.027% | $1.4M | $2.7M | 10x | as long as short |
| Binance CRWVUSDT | +0.0034% | 8h | 86.088 | +0.036% | $9.6M | $17.1M | 25x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 86.060 | +0.003% | $64K | $79K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 86.160 | +0.120% | — | $156K | 10x | as long as short |
| tradeXYZ xyz:CRWVlong | +0.0050% | 1h | 86.057 | long leg | $9.6M | $7.9M | 10x | |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 86.103 | +0.053% | $85K | $289K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.980 | −0.089% | $330K | $146K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 86.070 | +0.015% | $364K | $519K | 20x | as long as short |
| Bybit CRWVUSDT | +0.0151% | 8h | 86.130 | +0.085% | $2.2M | $1.2M | 25x | as long as short |
| Phoenix CRWV | +0.0187% | 1h | 86.070 | +0.015% | $1K | $45K | 10x | as long as short |
| edgeX CRWVUSDC | +0.0391% | 4h | 86.123 | +0.076% | $89K | $203K | 10x | as long as short |
Extended CRWV-USD
QFEX CRWV-USD
Binance CRWVUSDT
Arcus CRWV-USD
Vest CRWV-USD-PERP
Polymarket Perps CRWV-USD
Ondo Perps CRWV-USD.P
KuCoin CRWVUSDTM
Bybit CRWVUSDT
Phoenix CRWV
edgeX CRWVUSDC