Funding you earn now, next payment 05:00 UTC−0.0055%/8h= −6.0% APRpaid last 24h −0.083%
Price spread now: Lighter RH against Bybit−0.118%7-day average −0.098% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$460.457% of the position
Funding, last 7 days−0.230%−$23 on $10k
+Price spread, last 4 days (all we have)+0.060%+$6 · spread now −0.118%, 7d avg −0.098%
=Together, before fees−0.170%+ Points / potential airdropLighter RH: Points live · farm board−$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Lighter RH is 0.020% cheaper against Bybit than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.098%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CRWVUSDT | 84.730 | 0.0087 | pay 0.0087% / 8h | 3h 05m | $2.1M | $1.1M | 25x |
| Short | Lighter RH CRWV | 84.630 | 0.0032 | get 0.0004% / 1h | 5m 43s | $407K | $373K | 10x |
Bybit CRWVUSDT
Lighter RH CRWVFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Bybit. 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
- −$11.46
- Price spread: −0.118% → −0.098%
- −$2.03
- Slippage, 4 orders
- −$34.7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$59.19
- Costs to cover
- 0.457%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Lighter RH: live order book, 47 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 Bybit live order book, 1 min ago | 2.95 bp | 18.3 bp −$18 | 71.5 bp −$715 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 47 min ago | 3.50 bp | 3.9 bp −$4 | 13.5 bp −$135 | 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 | −0.0280% | 8h | 84.680 | −0.059% | $1.8M | $1.9M | 20x | as long as short |
| Gate CRWV_USDT | −0.0085% | 8h | 84.670 | −0.071% | $5.4M | $3.8M | 50x | as long as short |
| BloFin CRWV-USDT | −0.0027% | 8h | 84.680 | −0.059% | $158K | $67K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 84.798 | +0.080% | $37K | $33K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 84.608 | −0.143% | $15K | $240K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 84.670 | −0.071% | $9.3M | $17.6M | 25x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 84.650 | −0.094% | $2.4M | $5.1M | 25x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 84.745 | +0.018% | $305K | $303K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 84.471 | −0.306% | $2K | $193K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 84.720 | −0.012% | $1K | $4.4M | 10x | as long as short |
Bitget CRWVUSDT
Gate CRWV_USDT
BloFin CRWV-USDT
Aster CRWVUSDT
Extended CRWV-USD
Binance CRWVUSDT
OKX CRWV-USDT-SWAP
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 | 84.670 | −0.071% | $138K | $2K | 20x | as long as short |
| QFEX CRWV-USD | +0.0025% | 1h | 84.610 | −0.142% | $1.3M | $2.5M | 10x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 84.620 | −0.130% | $96K | $37K | 10x | as long as short |
| Lighter RH CRWVshort | +0.0032% | 1h | 84.630 | −0.118% | $407K | $373K | 10x | |
| Arcus CRWV-USD | +0.0040% | 1h | 84.630 | −0.118% | $63K | $79K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 84.650 | −0.094% | — | $176K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0050% | 1h | 84.632 | −0.116% | $9.2M | $8.1M | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 84.687 | −0.051% | $80K | $306K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 84.530 | −0.236% | $310K | $159K | 10x | as long as short |
| Bybit CRWVUSDTlong | +0.0087% | 8h | 84.730 | long leg | $2.1M | $1.1M | 25x | |
| Phoenix CRWV | +0.0093% | 1h | 84.620 | −0.130% | $1K | $45K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 84.630 | −0.118% | $357K | $528K | 20x | as long as short |
| edgeX CRWVUSDC | +0.0753% | 4h | 84.515 | −0.254% | $87K | $203K | 10x | as long as short |
HTX CRWV-USDT
QFEX CRWV-USD
Lighter CRWV
Arcus CRWV-USD
Vest CRWV-USD-PERP
tradeXYZ xyz:CRWV
Polymarket Perps CRWV-USD
Ondo Perps CRWV-USD.P
Phoenix CRWV
KuCoin CRWVUSDTM
edgeX CRWVUSDC