Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Binance−0.033%7-day average +0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$440.443% of the position
Funding, last 7 days−0.057%−$6 on $10k
+Price spread, last 4 days (all we have)+0.155%+$15 · spread now −0.033%, 7d avg +0.049%
=Together, before fees+0.098%+ Points / potential airdropLighter: Season 3 · farm board+$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.082% cheaper against Binance than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.049%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CRVUSDT | 0.3592 | 0.0100 | pay 0.0100% / 8h | 3h 08m | $24.9M | $55.2M | 75x |
| Short | Lighter CRV | 0.3591 | 0.0096 | get 0.0012% / 1h | 8m 29s | $380K | $705K | 10x |
Binance CRVUSDT
Lighter CRVFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Binance. 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
- −$0.84
- Price spread: −0.033% → +0.049%
- −$8.2
- Slippage, 4 orders
- −$34.35
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$53.39
- Costs to cover
- 0.443%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 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 Binance live order book, 4 min ago | 1.39 bp | 11.8 bp −$12 | 27.0 bp −$270 | 119.5 bp −$11.9K | doesn't fit |
| Sell Lighter live order book, 41 min ago | 4.13 bp | 10.8 bp −$11 | 34.3 bp −$343 | doesn't fit | doesn't fit |
CRV on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3593 | +0.038% | $15 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3591 | −0.018% | $37K | $8K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3588 | −0.111% | $54K | $46K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +2.171% | $79 | $384K | 12x | as long as short |
| Phoenix CRV | +0.0044% | 1h | 0.3622 | +0.824% | $26K | $176K | 10x | as long as short |
| Lighter CRVshort | +0.0096% | 1h | 0.3591 | −0.033% | $380K | $705K | 10x | |
| Aster CRVUSDT | +0.0100% | 8h | 0.3592 | +0.005% | $128K | $180K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3592 | −0.003% | $364K | $198K | 10x | as long as short |
| Binance CRVUSDTlong | +0.0100% | 8h | 0.3592 | long leg | $24.9M | $55.2M | 75x | |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3590 | −0.056% | $27.2M | $17.8M | 75x | as long as short |
Reya CRVRUSDPERP
dYdX CRV-USD
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Phoenix CRV
Aster CRVUSDT
Pacifica CRV
Bybit CRVUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3593 | +0.028% | $8.7M | $19.8M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3592 | 0.000% | $1.9M | $1.4M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3592 | 0.000% | $13.0M | $5.7M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3589 | −0.084% | $6.0M | $8.5M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3594 | +0.056% | $6.7M | $5.2M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3593 | +0.028% | — | $1.6M | — | as long as short |
| Backpack CRV_USDC_PERP | +0.0100% | 1h | 0.3591 | −0.036% | $98K | $258K | 10x | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3596 | +0.107% | $1.1M | $93K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3621 | +0.798% | $37K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3627 | +0.974% | $513K | $440K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3621 | +0.807% | $54K | $685K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3589 | −0.084% | $24K | $902 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3632 | +1.114% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3591 | −0.032% | $253K | $497K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3589 | −0.074% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3590 | −0.056% | $1.4M | $4.0M | 75x | as long as short |
| Hyperliquid CRV | +0.0375% | 1h | 0.3596 | +0.117% | $21.6M | $15.5M | 10x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0415% / S −0.0177% | 1h | 0.3589 | −0.089% | $210K | — | 100x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0432% | 1h | 0.3594 | +0.056% | $357K | $4.1M | 50x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0733% | 1h | 0.3589 | −0.094% | $3.0M | $2.6M | 50x | as long as short |
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDC
Backpack CRV_USDC_PERP
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
Orderly PERP_CRV_USDC
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
Hyperliquid CRV
GMX CRV/USD [ETH-USDC]
Coinbase International CRV-PERP-INTX
Kraken Futures PF_CRVUSD