Funding you earn now, next payment 05:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h +0.074%
Price spread now: Gate against Lighter−0.058%7-day average +0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$560.556% of the position
Funding, last 7 days+0.316%+$32 on $10k
+Price spread, last 4 days (all we have)+0.279%+$28 · spread now −0.058%, 7d avg +0.067%
=Together, before fees+0.595%+ Points / potential airdropLighter: Season 3 · farm board+$60 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.125% cheaper against Lighter than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.067%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.316%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CRWV | 85.560 | 0.0032 | pay 0.0004% / 1h | 42m 59s | $102K | $29K | 10x |
| Short | Gate CRWV_USDT | 85.510 | 0 | get 0.0000% / 8h | 3h 42m | $5.4M | $3.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$6.72
- Price spread: −0.058% → +0.067%
- −$12.54
- Slippage, 4 orders
- −$40.6
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$74.85
- Costs to cover
- 0.556%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 56 min ago; Gate: live order book, just now.
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 | 11.63 bp | 11.6 bp −$12 | 13.8 bp −$138 | doesn't fit | doesn't fit |
| Sell Gate live order book, just now | 3.51 bp | 13.3 bp −$13 | 38.9 bp −$389 | 73.6 bp −$7,365 | 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 | 85.669 | +0.128% | $37K | $33K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 85.475 | −0.100% | $19K | $301K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 85.500 | −0.070% | $9.4M | $17.3M | 25x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.440 | −0.140% | $2.5M | $4.9M | 25x | as long as short |
| Gate CRWV_USDTshort | 0.0000% | 8h | 85.510 | −0.058% | $5.4M | $3.7M | 50x | |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.560 | 0.000% | $1.9M | $2.1M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 85.565 | +0.006% | $312K | $299K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.527 | −0.038% | $2K | $192K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.430 | −0.152% | $1K | $4.5M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 85.520 | −0.047% | $140K | $2K | 20x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin CRWV-USDT | +0.0006% | 8h | 85.490 | −0.082% | $163K | $67K | 20x | as long as short |
| QFEX CRWV-USD | +0.0025% | 1h | 85.490 | −0.082% | $1.3M | $2.5M | 10x | as long as short |
| Lighter CRWVlong | +0.0032% | 1h | 85.560 | long leg | $102K | $29K | 10x | |
| Lighter RH CRWV | +0.0032% | 1h | 85.470 | −0.105% | $415K | $355K | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 85.470 | −0.105% | $64K | $78K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.540 | −0.023% | — | $156K | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 85.476 | −0.098% | $85K | $298K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.360 | −0.234% | $321K | $147K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0057% | 1h | 85.482 | −0.091% | $9.4M | $8.0M | 10x | as long as short |
| Phoenix CRWV | +0.0093% | 1h | 85.540 | −0.023% | $1K | $45K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 85.430 | −0.152% | $362K | $518K | 20x | as long as short |
| Bybit CRWVUSDT | +0.0113% | 8h | 85.520 | −0.047% | $2.1M | $1.1M | 25x | as long as short |
| edgeX CRWVUSDC | +0.0522% | 4h | 85.537 | −0.027% | $88K | $204K | 10x | as long as short |
Lighter CRWV
Gate CRWV_USDT
Aster CRWVUSDT
Extended CRWV-USD
Binance CRWVUSDT
OKX CRWV-USDT-SWAP
Bitget CRWVUSDT
Variational Omni CRWV
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDT
BloFin CRWV-USDT
Lighter RH CRWV
Polymarket Perps CRWV-USD
tradeXYZ xyz:CRWV
Phoenix CRWV
KuCoin CRWVUSDTM
Bybit CRWVUSDT
edgeX CRWVUSDC