Funding you earn now, next payment 03:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.02 per $10,000 · paid last 24h −0.004%
Price spread now: Lighter against Vest+0.012%7-day average −0.092% · 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)−0.017%−$2 on $10k
+Price spread, last 4 days (all we have)−0.600%−$60 · spread now +0.012%, 7d avg −0.092%
=Together, before fees−0.616%+ Points / potential airdropVest: Active · Lighter: Season 3 · farm board−$62 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.103% dearer against Vest than usual: you sell high and buy low (spread +0.012% now, against its 7-day average of −0.092%): +$10 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 25 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest CRWV-USD-PERP | 85.940 | 0.0046 | pay 0.0006% / 1h | 25m 28s | — | $156K | 10x |
| Short | Lighter CRWV | 85.950 | 0.0032 | get 0.0004% / 1h | 25m 28s | $103K | $30K | 10x |
Vest CRWV-USD-PERP
Lighter CRWVFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Vest. 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
- −$2.87
- Price spread: +0.012% → −0.092%
- $10.35
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $5.47
- Costs to cover
- 0.020%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; Lighter: live order book, 19 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 Vest no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 19 min ago | 11.05 bp | 16.5 bp −$17 | 33.3 bp −$333 | doesn't fit | doesn't fit |
Vest: 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 | −0.0013% | 8h | 85.890 | −0.058% | $165K | $67K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 86.020 | +0.093% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.910 | −0.035% | $2.5M | $4.8M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.920 | −0.023% | $5.5M | $3.9M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.890 | −0.058% | $2.0M | $2.0M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 85.892 | −0.055% | $313K | $300K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.920 | −0.023% | $2K | $190K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.810 | −0.151% | $1K | $4.6M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 86.000 | +0.070% | $141K | $2K | 20x | as long as short |
| Lighter CRWVshort | +0.0032% | 1h | 85.950 | +0.012% | $103K | $30K | 10x |
BloFin CRWV-USDT
Aster CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
Variational Omni CRWV
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH CRWV | +0.0032% | 1h | 85.900 | −0.047% | $418K | $352K | 10x | as long as short |
| QFEX CRWV-USD | +0.0032% | 1h | 85.870 | −0.081% | $1.3M | $2.7M | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 85.880 | −0.070% | $64K | $79K | 10x | as long as short |
| Vest CRWV-USD-PERPlong | +0.0046% | 1h | 85.940 | long leg | — | $156K | 10x | |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.840 | −0.116% | $329K | $136K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0054% | 1h | 85.866 | −0.086% | $9.7M | $8.2M | 10x | as long as short |
| Extended CRWV-USD | +0.0072% | 1h | 85.877 | −0.073% | $14K | $304K | 10x | as long as short |
| Binance CRWVUSDT | +0.0073% | 8h | 85.900 | −0.047% | $9.6M | $17.0M | 25x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 85.860 | −0.093% | $363K | $528K | 20x | as long as short |
| Polymarket Perps CRWV-USD | +0.0164% | 1h | 85.937 | −0.003% | $85K | $289K | 10x | as long as short |
| Phoenix CRWV | +0.0187% | 1h | 85.860 | −0.093% | $1K | $46K | 10x | as long as short |
| Bybit CRWVUSDT | +0.0223% | 8h | 85.910 | −0.035% | $2.2M | $1.1M | 25x | as long as short |
| edgeX CRWVUSDC | +0.0453% | 4h | 85.892 | −0.056% | $88K | $202K | 10x | as long as short |
Lighter RH CRWV
QFEX CRWV-USD
Arcus CRWV-USD
Ondo Perps CRWV-USD.P
tradeXYZ xyz:CRWV
Extended CRWV-USD
Binance CRWVUSDT
KuCoin CRWVUSDTM
Polymarket Perps CRWV-USD
Phoenix CRWV
Bybit CRWVUSDT
edgeX CRWVUSDC