Funding you earn now, next payment 11:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.04 per $10,000 · paid last 24h 0.000%
Price spread now: QFEX against Lighter+0.012%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$480.483% of the position
Funding, last 4 days (all we have)−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)+0.146%+$15 · spread now +0.012%, 7d avg +0.049%
=Together, before fees+0.134%+ Points / potential airdropLighter: Season 3 · farm board+$13 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 QFEX is 0.037% cheaper against Lighter than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.049%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CRWV | 84.950 | 0.0032 | pay 0.0004% / 1h | 43m 38s | $103K | $36K | 10x |
| Short | QFEX CRWV-USD | 84.960 | 0.0004 | get 0.0000% / 1h | 43m 38s | $1.3M | $2.5M | 10x |
Lighter CRWV
QFEX CRWV-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$5.9
- Price spread: +0.012% → +0.049%
- −$3.68
- Slippage, 4 orders
- −$38.3
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$57.87
- Costs to cover
- 0.483%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 61 min ago; QFEX: live order book, 2 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, 61 min ago | 11.30 bp | 17.6 bp −$18 | 31.0 bp −$310 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 2 min ago | 2.36 bp | 9.7 bp −$10 | 13.4 bp −$134 | doesn't fit | doesn't fit |
CRWV on 23 exchanges
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 | 84.961 | +0.013% | $37K | $33K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 84.923 | −0.032% | $15K | $274K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 84.980 | +0.035% | $8.3M | $22.7M | 25x | as long as short |
| Bybit CRWVUSDT | 0.0000% | 8h | 84.960 | +0.012% | $1.9M | $1.3M | 25x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 84.970 | +0.024% | $2.2M | $5.5M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 84.950 | 0.000% | $5.2M | $4.7M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 84.960 | +0.012% | $1.8M | $2.1M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 84.893 | −0.067% | $319K | $275K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.076 | +0.148% | $2K | $170K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 84.940 | −0.012% | $1K | $4.1M | 10x | as long as short |
Aster CRWVUSDT
Extended CRWV-USD
Binance CRWVUSDT
Bybit CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
Variational Omni CRWV
GRVT CRWV_USDT_Perp
SunX CRWV-USDTShow all 23 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CRWV-USDT | 0.0000% | 8h | 85.120 | +0.200% | $132K | $17K | 20x | as long as short |
| QFEX CRWV-USDshort | +0.0004% | 1h | 84.960 | +0.012% | $1.3M | $2.5M | 10x | |
| BloFin CRWV-USDT | +0.0018% | 8h | 84.850 | −0.118% | $151K | $62K | 20x | as long as short |
| Lighter CRWVlong | +0.0032% | 1h | 84.950 | long leg | $103K | $36K | 10x | |
| Lighter RH CRWV | +0.0032% | 1h | 84.970 | +0.024% | $354K | $496K | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 84.910 | −0.047% | $62K | $63K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.060 | +0.129% | — | $198K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0050% | 1h | 85.000 | +0.059% | $9.2M | $8.6M | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 84.919 | −0.036% | $75K | $238K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 84.790 | −0.188% | $238K | $256K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 84.880 | −0.082% | $357K | $683K | 20x | as long as short |
| edgeX CRWVUSDC | +0.0109% | 4h | 84.840 | −0.129% | $87K | $208K | 10x | as long as short |
| Phoenix CRWV | +0.0188% | 1h | 85.170 | +0.259% | $2K | $42K | 10x | as long as short |
HTX CRWV-USDT
BloFin CRWV-USDT
Lighter RH CRWV
Arcus CRWV-USD
Vest CRWV-USD-PERP
tradeXYZ xyz:CRWV
Polymarket Perps CRWV-USD
Ondo Perps CRWV-USD.P
KuCoin CRWVUSDTM
edgeX CRWVUSDC
Phoenix CRWV