Funding you earn now, next payment 05:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.006%
Price spread now: Lighter RH against Ondo Perps−0.234%7-day average +0.009% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 4 days (all we have)+0.122%+$12 · spread now −0.234%, 7d avg +0.009%
=Together, before fees+0.067%+ Points / potential airdropOndo Perps: Active · Lighter RH: Points live · farm board+$7 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 RH is 0.243% cheaper against Ondo Perps than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of +0.009%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps CRWV-USD.P | 85.450 | 0.0050 | pay 0.0006% / 1h | 38m 53s | $320K | $147K | 10x |
| Short | Lighter RH CRWV | 85.250 | 0.0032 | get 0.0004% / 1h | 38m 53s | $414K | $355K | 10x |
Ondo Perps CRWV-USD.P
Lighter RH CRWVFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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: −0.234% → +0.009%
- −$24.35
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$33.21
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Lighter RH: live order book, 13 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 RH live order book, 13 min ago | 3.50 bp | 3.9 bp −$4 | 13.5 bp −$135 | 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 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 | −0.0008% | 8h | 85.330 | −0.140% | $163K | $67K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 85.475 | +0.030% | $37K | $33K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 85.215 | −0.275% | $19K | $301K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 85.249 | −0.235% | $9.4M | $17.3M | 25x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.270 | −0.211% | $2.5M | $4.9M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.280 | −0.199% | $5.4M | $3.7M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.270 | −0.211% | $1.8M | $2.1M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 85.375 | −0.088% | $312K | $299K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.410 | −0.046% | $2K | $192K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.230 | −0.257% | $2K | $4.5M | 10x | as long as short |
BloFin CRWV-USDT
Aster CRWVUSDT
Extended CRWV-USD
Binance CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
Variational Omni CRWV
GRVT CRWV_USDT_Perp
SunX CRWV-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CRWV-USDT | 0.0000% | 8h | 85.360 | −0.105% | $140K | $2K | 20x | as long as short |
| QFEX CRWV-USD | +0.0025% | 1h | 85.290 | −0.187% | $1.3M | $2.5M | 10x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 85.340 | −0.129% | $102K | $29K | 10x | as long as short |
| Lighter RH CRWVshort | +0.0032% | 1h | 85.250 | −0.234% | $414K | $355K | 10x | |
| Arcus CRWV-USD | +0.0040% | 1h | 85.390 | −0.070% | $64K | $78K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.350 | −0.117% | — | $156K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0050% | 1h | 85.225 | −0.263% | $9.4M | $8.0M | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 85.282 | −0.197% | $85K | $298K | 10x | as long as short |
| Ondo Perps CRWV-USD.Plong | +0.0050% | 1h | 85.450 | long leg | $320K | $147K | 10x | |
| Phoenix CRWV | +0.0093% | 1h | 85.410 | −0.047% | $1K | $45K | 10x | as long as short |
| Bybit CRWVUSDT | +0.0099% | 8h | 85.270 | −0.211% | $2.1M | $1.1M | 25x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 85.240 | −0.246% | $361K | $519K | 20x | as long as short |
| edgeX CRWVUSDC | +0.0679% | 4h | 85.398 | −0.061% | $88K | $202K | 10x | as long as short |
HTX CRWV-USDT
QFEX CRWV-USD
Lighter CRWV
Arcus CRWV-USD
Vest CRWV-USD-PERP
tradeXYZ xyz:CRWV
Polymarket Perps CRWV-USD
Phoenix CRWV
Bybit CRWVUSDT
KuCoin CRWVUSDTM
edgeX CRWVUSDC