Funding you earn now, next payment 02:00 UTC+0.0258%/8h= +28.3% APRpaid last 24h +0.083%
Price spread now: Bybit against Lighter−0.058%7-day average +0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$700.700% of the position
Funding, last 7 days+0.234%+$23 on $10k
+Price spread, last 4 days (all we have)+0.085%+$9 · spread now −0.058%, 7d avg +0.085%
=Together, before fees+0.319%+ Points / potential airdropLighter: Season 3 · farm board+$32 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.143% cheaper against Lighter than usual: you would sell low and buy high (spread −0.058% now, against its 7-day average of +0.085%). If the spread goes back, that is −$14 on $10k: about 44 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.234% in total) that is about 4.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CRWV | 86.420 | 0.0032 | pay 0.0004% / 1h | 58m 12s | $105K | $30K | 10x |
| Short | Bybit CRWVUSDT | 86.370 | 0.0290 | get 0.0290% / 8h | 6h 58m | $2.2M | $1.1M | 25x |
Lighter CRWV
Bybit CRWVUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Lighter. 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
- $54.28
- Price spread: −0.058% → +0.085%
- −$14.31
- Slippage, 4 orders
- −$58.98
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$30.02
- Costs to cover
- 0.700%
- Break-even
- 10.9 days
Slippage from Lighter: live order book, 56 min ago; Bybit: 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 live order book, 56 min ago | 10.39 bp | 10.4 bp −$10 | 12.9 bp −$129 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 2.89 bp | 16.5 bp −$17 | 70.6 bp −$706 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CRWVUSDT | 0.0000% | 8h | 86.489 | +0.080% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 86.320 | −0.116% | $2.7M | $4.6M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 86.350 | −0.081% | $5.5M | $3.9M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 86.330 | −0.104% | $2.2M | $1.9M | 20x | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 86.444 | +0.027% | $2K | $192K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 86.280 | −0.162% | $1K | $4.9M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 86.460 | +0.046% | $141K | $2K | 20x | as long as short |
| BloFin CRWV-USDT | +0.0009% | 8h | 86.430 | +0.012% | $170K | $68K | 20x | as long as short |
| QFEX CRWV-USD | +0.0029% | 1h | 86.330 | −0.104% | $1.3M | $3.1M | 10x | as long as short |
| Lighter CRWVlong | +0.0032% | 1h | 86.420 | long leg | $105K | $30K | 10x |
Aster CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDT
BloFin CRWV-USDT
QFEX CRWV-USDShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH CRWV | +0.0032% | 1h | 86.310 | −0.127% | $419K | $354K | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 86.360 | −0.069% | $64K | $78K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 86.430 | +0.012% | — | $156K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 86.310 | −0.127% | $333K | $219K | 10x | as long as short |
| Variational Omni CRWV | +0.0060% | 8h | 86.430 | +0.011% | $315K | $391K | — | as long as short |
| tradeXYZ xyz:CRWV | +0.0070% | 1h | 86.326 | −0.109% | $9.7M | $7.6M | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 86.340 | −0.093% | $365K | $513K | 20x | as long as short |
| Extended CRWV-USD | +0.0120% | 1h | 86.323 | −0.113% | $14K | $306K | 10x | as long as short |
| Binance CRWVUSDT | +0.0123% | 8h | 86.330 | −0.104% | $9.6M | $17.5M | 25x | as long as short |
| Phoenix CRWV | +0.0278% | 1h | 86.350 | −0.081% | $1K | $43K | 10x | as long as short |
| Bybit CRWVUSDTshort | +0.0290% | 8h | 86.370 | −0.058% | $2.2M | $1.1M | 25x | |
| Polymarket Perps CRWV-USD | +0.0387% | 1h | 86.430 | +0.012% | $71K | $263K | 10x | as long as short |
| edgeX CRWVUSDC | +0.0971% | 4h | 86.392 | −0.033% | $89K | $202K | 10x | as long as short |
Lighter RH CRWV
Arcus CRWV-USD
Vest CRWV-USD-PERP
Ondo Perps CRWV-USD.P
Variational Omni CRWV
tradeXYZ xyz:CRWV
KuCoin CRWVUSDTM
Extended CRWV-USD
Binance CRWVUSDT
Phoenix CRWV
Polymarket Perps CRWV-USD
edgeX CRWVUSDC