Funding you earn now, next payment 10:00 UTC−0.0013%/8h= −1.4% APRnext payment −$0.02 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter against QFEX+0.154%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−$26as in the Price arb table
costs, in and out, $10k−$460.460% of the position
Funding, last 4 days (all we have)+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)−0.415%−$42 · spread now +0.154%, 7d avg −0.049%
=Together, before fees−0.404%+ Points / potential airdropLighter: Season 3 · farm board−$40 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.203% dearer against QFEX than usual: you sell high and buy low (spread +0.154% now, against its 7-day average of −0.049%): +$20 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 53 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX CRWV-USD | 84.600 | 0.0045 | pay 0.0006% / 1h | 2m 57s | $1.3M | $2.5M | 10x |
| Short | Lighter CRWV | 84.730 | 0.0032 | get 0.0004% / 1h | 2m 57s | $102K | $37K | 10x |
QFEX CRWV-USD
Lighter CRWVFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against QFEX. 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
- −$2.67
- Price spread: +0.154% → −0.049%
- $20.3
- Slippage, 4 orders
- −$35.97
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$28.33
- Costs to cover
- 0.460%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 3 min ago; Lighter: live order book, 41 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 QFEX live order book, 3 min ago | 2.36 bp | 7.4 bp −$7 | 11.9 bp −$119 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 41 min ago | 11.30 bp | 11.3 bp −$11 | 17.2 bp −$172 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin CRWV-USDT | −0.0013% | 8h | 84.770 | +0.201% | $150K | $62K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 84.696 | +0.114% | $37K | $33K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 84.703 | +0.121% | $14K | $272K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 84.770 | +0.201% | $8.3M | $22.3M | 25x | as long as short |
| Bybit CRWVUSDT | 0.0000% | 8h | 84.820 | +0.260% | $1.9M | $1.3M | 25x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 84.750 | +0.177% | $2.2M | $5.4M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 84.840 | +0.284% | $5.2M | $4.7M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 84.870 | +0.319% | $1.8M | $2.1M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 84.770 | +0.201% | $297K | $255K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 84.580 | −0.024% | $2K | $173K | 10x | as long as short |
BloFin CRWV-USDT
Aster CRWVUSDT
Extended CRWV-USD
Binance CRWVUSDT
Bybit CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
Variational Omni CRWV
GRVT CRWV_USDT_PerpShow all 23 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CRWV-USDT | 0.0000% | 8h | 84.710 | +0.130% | $2K | $4.1M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 84.670 | +0.083% | $131K | $17K | 20x | as long as short |
| edgeX CRWVUSDC | +0.0002% | 4h | 84.791 | +0.226% | $87K | $207K | 10x | as long as short |
| Lighter CRWVshort | +0.0032% | 1h | 84.730 | +0.154% | $102K | $37K | 10x | |
| Lighter RH CRWV | +0.0032% | 1h | 84.770 | +0.201% | $354K | $501K | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 84.600 | 0.000% | $62K | $63K | 10x | as long as short |
| QFEX CRWV-USDlong | +0.0045% | 1h | 84.600 | long leg | $1.3M | $2.5M | 10x | |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 84.740 | +0.165% | — | $198K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0050% | 1h | 84.767 | +0.197% | $9.1M | $8.6M | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 84.637 | +0.044% | $75K | $240K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 84.600 | 0.000% | $236K | $253K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 84.710 | +0.130% | $355K | $667K | 20x | as long as short |
| Phoenix CRWV | +0.0189% | 1h | 84.660 | +0.071% | $2K | $40K | 10x | as long as short |
SunX CRWV-USDT
HTX CRWV-USDT
edgeX CRWVUSDC
Lighter RH CRWV
Arcus CRWV-USD
Vest CRWV-USD-PERP
tradeXYZ xyz:CRWV
Polymarket Perps CRWV-USD
Ondo Perps CRWV-USD.P
KuCoin CRWVUSDTM
Phoenix CRWV