CRWV

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0204%/8h= +22.3% APRnext payment +$0.25 per $10,000 · paid last 24h +0.039%

Price spread now: Polymarket Perps against Lighter RH+0.034%7-day average +0.066% · you sell dearer than you buy

Net, funding: paid 7d − costs+$2as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$230.232% of the position

Long on Lighter RH Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.257%+$26 on $10k

Price spread, last 4 days (all we have)+0.972%+$97 · spread now +0.034%, 7d avg +0.066%

Together, before fees+1.229%+ Points / potential airdropLighter RH: Points live · farm board+$123 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 0.032% cheaper against Lighter RH than usual: you would sell low and buy high (spread +0.034% now, against its 7-day average of +0.066%). If the spread goes back, that is −$3 on $10k: about 12 hours of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH CRWV	85.900	0.0032	pay 0.0004% / 1h	49m 57s	$418K	$352K	10x
Short	Polymarket Perps CRWV-USD	85.929	0.0236	get 0.0029% / 1h	49m 57s	$85K	$289K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Lighter RH. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Lighter RHbpFee Polymarket PerpsbpOrdersPrice spread, now +0.034%Rate

Funding earned: $42.82
Price spread: +0.034% → +0.066%: −$3.18
Slippage, 4 orders: −$15.25
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: $16.39
Costs to cover: 0.232%
Break-even: 4.3 days

Slippage from Lighter RH: live order book, 12 min ago; Polymarket Perps: live order book, 12 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 RH live order book, 12 min ago	4.08 bp	5.1 bp −$5	11.9 bp −$119	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 12 min ago	2.56 bp	6.6 bp −$7	7.2 bp −$72	doesn't fit	doesn't fit

CRWV on 22 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	86.044	+0.167%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	85.930	+0.035%	$2.6M	$4.6M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	85.940	+0.047%	$5.5M	$3.9M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	85.900	0.000%	$2.1M	$2.0M	20x	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	85.912	+0.014%	$2K	$191K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	85.830	−0.081%	$1K	$4.7M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	85.960	+0.070%	$140K	$2K	20x	as long as short
Variational Omni CRWV	+0.0024%	8h	85.918	+0.021%	$314K	$309K	—	as long as short
Lighter CRWV	+0.0032%	1h	85.950	+0.058%	$104K	$29K	10x	as long as short
Lighter RH CRWVlong	+0.0032%	1h	85.900	long leg	$418K	$352K	10x

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CRWV-USD	+0.0032%	1h	85.870	−0.035%	$1.3M	$2.8M	10x	as long as short
Arcus CRWV-USD	+0.0040%	1h	85.880	−0.023%	$64K	$79K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	85.970	+0.081%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	85.760	−0.163%	$331K	$132K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	85.850	−0.058%	$364K	$530K	20x	as long as short
Binance CRWVUSDT	+0.0100%	8h	85.899	−0.001%	$9.6M	$17.1M	25x	as long as short
Extended CRWV-USD	+0.0104%	1h	85.876	−0.028%	$14K	$309K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0117%	1h	85.884	−0.019%	$9.7M	$8.2M	10x	as long as short
Phoenix CRWV	+0.0187%	1h	85.920	+0.023%	$1K	$46K	10x	as long as short
Polymarket Perps CRWV-USDshort	+0.0236%	1h	85.929	+0.034%	$85K	$289K	10x
Bybit CRWVUSDT	+0.0289%	8h	85.930	+0.035%	$2.2M	$1.1M	25x	as long as short
edgeX CRWVUSDC	+0.0702%	4h	85.912	+0.014%	$88K	$202K	10x	as long as short