Funding you earn now, next payment 12:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.006%
Price spread now: Lighter against Ondo Perps−0.235%7-day average +0.027% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.059%−$6 on $10k
+Price spread, last 4 days (all we have)+0.164%+$16 · spread now −0.235%, 7d avg +0.027%
=Together, before fees+0.105%+ Points / potential airdropOndo Perps: Active · Lighter: Season 3 · farm board+$11 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 Lighter is 0.262% cheaper against Ondo Perps than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of +0.027%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps CRWV-USD.P | 85.120 | 0.0050 | pay 0.0006% / 1h | 49m 09s | $230K | $265K | 10x |
| Short | Lighter CRWV | 84.920 | 0.0032 | get 0.0004% / 1h | 49m 09s | $103K | $36K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Ondo Perps. 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
- −$3.86
- Price spread: −0.235% → +0.027%
- −$26.18
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$35.05
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Lighter: live order book, 47 min ago. Net counts fees only.
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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 47 min ago | 9.45 bp | 9.4 bp −$9 | 15.3 bp −$153 | doesn't fit | doesn't fit |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin CRWV-USDT | −0.0010% | 8h | 85.000 | −0.141% | $153K | $62K | 20x | as long as short |
| Polymarket Perps CRWV-USD | −0.0002% | 1h | 84.941 | −0.210% | $85K | $263K | 10x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 85.074 | −0.054% | $37K | $33K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 84.952 | −0.198% | $15K | $279K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 85.045 | −0.088% | $8.3M | $22.9M | 25x | as long as short |
| Bybit CRWVUSDT | 0.0000% | 8h | 85.060 | −0.070% | $1.9M | $1.3M | 25x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 84.940 | −0.211% | $2.2M | $5.5M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 84.990 | −0.153% | $5.2M | $4.6M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.050 | −0.082% | $2.1M | $2.2M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 85.197 | +0.091% | $322K | $267K | — | as long as short |
Show all 23 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.140 | +0.023% | $2K | $167K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 84.930 | −0.223% | $1K | $3.9M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 85.160 | +0.047% | $132K | $17K | 20x | as long as short |
| QFEX CRWV-USD | +0.0001% | 1h | 85.040 | −0.094% | $1.3M | $2.5M | 10x | as long as short |
| Lighter CRWVshort | +0.0032% | 1h | 84.920 | −0.235% | $103K | $36K | 10x | |
| Lighter RH CRWV | +0.0032% | 1h | 84.950 | −0.200% | $356K | $500K | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 84.930 | −0.223% | $62K | $64K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.190 | +0.082% | — | $198K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0050% | 1h | 84.975 | −0.170% | $9.2M | $8.4M | 10x | as long as short |
| Ondo Perps CRWV-USD.Plong | +0.0050% | 1h | 85.120 | long leg | $230K | $265K | 10x | |
| Phoenix CRWV | +0.0094% | 1h | 84.990 | −0.153% | $1K | $43K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 84.960 | −0.188% | $351K | $733K | 20x | as long as short |
| edgeX CRWVUSDC | +0.0193% | 4h | 85.120 | 0.000% | $87K | $208K | 10x | as long as short |
Lighter CRWV
BloFin CRWV-USDT
Polymarket Perps CRWV-USD
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-USDT
HTX CRWV-USDT
Lighter RH CRWV
tradeXYZ xyz:CRWV
Phoenix CRWV
KuCoin CRWVUSDTM
edgeX CRWVUSDC