Funding you earn now, next payment 03:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.08 per $10,000 · paid last 24h +0.012%
Price spread now: Extended against Lighter−0.088%7-day average +0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$560.557% of the position
Funding, last 7 days+0.034%+$3 on $10k
+Price spread, last 4 days (all we have)+0.082%+$8 · spread now −0.088%, 7d avg +0.042%
=Together, before fees+0.116%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board+$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.130% cheaper against Lighter than usual: you would sell low and buy high (spread −0.088% now, against its 7-day average of +0.042%). If the spread goes back, that is −$13 on $10k: about 6.8 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.034% in total) that is about 27 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CRWV | 85.920 | 0.0032 | pay 0.0004% / 1h | 46m 29s | $104K | $29K | 10x |
| Short | Extended CRWV-USD | 85.845 | 0.0096 | get 0.0012% / 1h | 46m 29s | $14K | $309K | 10x |
Lighter CRWV
Extended CRWV-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $13.44
- Price spread: −0.088% → +0.042%
- −$13
- Slippage, 4 orders
- −$50.66
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$55.22
- Costs to cover
- 0.557%
- Break-even
- 35.8 days
Slippage from Lighter: live order book, 63 min ago; Extended: live order book, 16 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, 63 min ago | 12.76 bp | 12.8 bp −$13 | 14.9 bp −$149 | doesn't fit | doesn't fit |
| Sell Extended live order book, 16 min ago | 3.50 bp | 13.9 bp −$14 | 98.3 bp −$983 | 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 | −0.0029% | 8h | 85.870 | −0.058% | — | $67K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 85.960 | +0.046% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.900 | −0.023% | $2.6M | $4.6M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.870 | −0.058% | $5.5M | $3.9M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.860 | −0.070% | $2.1M | $2.0M | 20x | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.935 | +0.017% | $2K | $191K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.760 | −0.186% | $1K | $4.7M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 85.930 | +0.012% | $140K | $2K | 20x | as long as short |
| Variational Omni CRWV | +0.0024% | 8h | 85.918 | −0.002% | $314K | $309K | — | as long as short |
| Lighter CRWVlong | +0.0032% | 1h | 85.920 | long leg | $104K | $29K | 10x |
BloFin CRWV-USDT
Aster CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDT
Variational Omni CRWVShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH CRWV | +0.0032% | 1h | 85.860 | −0.070% | $418K | $352K | 10x | as long as short |
| QFEX CRWV-USD | +0.0032% | 1h | 85.860 | −0.070% | $1.4M | $2.8M | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 85.830 | −0.105% | $64K | $79K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.900 | −0.023% | — | $156K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.700 | −0.256% | $331K | $132K | 10x | as long as short |
| Binance CRWVUSDT | +0.0095% | 8h | 85.840 | −0.093% | $9.6M | $17.1M | 25x | as long as short |
| Extended CRWV-USDshort | +0.0096% | 1h | 85.845 | −0.088% | $14K | $309K | 10x | |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 85.820 | −0.116% | $363K | $530K | 20x | as long as short |
| tradeXYZ xyz:CRWV | +0.0122% | 1h | 85.828 | −0.107% | $9.7M | $8.2M | 10x | as long as short |
| Phoenix CRWV | +0.0187% | 1h | 85.870 | −0.058% | $1K | $46K | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0219% | 1h | 85.876 | −0.051% | $84K | $289K | 10x | as long as short |
| Bybit CRWVUSDT | +0.0286% | 8h | 85.870 | −0.058% | $2.2M | $1.1M | 25x | as long as short |
| edgeX CRWVUSDC | +0.0801% | 4h | 85.876 | −0.051% | $88K | $202K | 10x | as long as short |
Lighter RH CRWV
QFEX CRWV-USD
Arcus CRWV-USD
Vest CRWV-USD-PERP
Ondo Perps CRWV-USD.P
Binance CRWVUSDT
KuCoin CRWVUSDTM
tradeXYZ xyz:CRWV
Phoenix CRWV
Polymarket Perps CRWV-USD
Bybit CRWVUSDT
edgeX CRWVUSDC