Funding you earn now, next payment 04:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.005%
Price spread now: Lighter against Variational Omni+0.047%7-day average −0.085% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.026%+$3 on $10k
+Price spread, last 4 days (all we have)−0.168%−$17 · spread now +0.047%, 7d avg −0.085%
=Together, before fees−0.142%+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · farm board−$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.132% dearer against Variational Omni than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.085%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni CRWV | 85.910 | 0 | get 0.0000% / 8h | 4h 35m | $313K | $299K | — |
| Short | Lighter CRWV | 85.950 | 0.0032 | get 0.0004% / 1h | 35m 56s | $103K | $32K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Variational Omni. 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
- $6.72
- Price spread: +0.047% → −0.085%
- $13.18
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $19.9
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 23 min ago; Lighter: live order book, 3 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 Variational Omni RFQ quote, 23 min ago | 3.67 bp | doesn't fit | 31.0 bp −$310 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 3 min ago | 11.63 bp | 15.1 bp −$15 | 29.2 bp −$292 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CRWVUSDT | 0.0000% | 8h | 86.033 | +0.144% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.900 | −0.012% | $2.5M | $4.8M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.960 | +0.058% | $5.5M | $3.8M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.930 | +0.023% | $1.9M | $2.1M | 20x | as long as short |
| Variational Omni CRWVlong | 0.0000% | 8h | 85.910 | long leg | $313K | $299K | — | |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.900 | −0.012% | $2K | $193K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.840 | −0.081% | $1K | $4.6M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 85.950 | +0.047% | $140K | $2K | 20x | as long as short |
| BloFin CRWV-USDT | +0.0004% | 8h | 85.930 | +0.023% | $164K | $67K | 20x | as long as short |
| QFEX CRWV-USD | +0.0010% | 1h | 85.890 | −0.023% | $1.3M | $2.7M | 10x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CRWVUSDT | +0.0015% | 8h | 85.890 | −0.023% | $9.5M | $17.1M | 25x | as long as short |
| Extended CRWV-USD | +0.0016% | 1h | 85.903 | −0.009% | $14K | $306K | 10x | as long as short |
| Lighter CRWVshort | +0.0032% | 1h | 85.950 | +0.047% | $103K | $32K | 10x | |
| Lighter RH CRWV | +0.0032% | 1h | 85.900 | −0.012% | $418K | $347K | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 85.870 | −0.047% | $64K | $79K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.960 | +0.058% | — | $156K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0050% | 1h | 85.868 | −0.049% | $9.5M | $7.9M | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 85.901 | −0.010% | $85K | $289K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.780 | −0.151% | $322K | $145K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 85.930 | +0.023% | $364K | $520K | 20x | as long as short |
| Bybit CRWVUSDT | +0.0149% | 8h | 85.950 | +0.047% | $2.2M | $1.1M | 25x | as long as short |
| Phoenix CRWV | +0.0186% | 1h | 85.880 | −0.035% | $1K | $46K | 10x | as long as short |
| edgeX CRWVUSDC | +0.0644% | 4h | 85.904 | −0.007% | $88K | $202K | 10x | as long as short |
Variational Omni CRWV
Lighter CRWV
Aster CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDT
BloFin CRWV-USDT
Binance CRWVUSDT
Extended CRWV-USD
Lighter RH CRWV
tradeXYZ xyz:CRWV
Polymarket Perps CRWV-USD
KuCoin CRWVUSDTM
Bybit CRWVUSDT
Phoenix CRWV
edgeX CRWVUSDC