Funding you earn now, next payment 23:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h −0.002%
Price spread now: Lighter against Extended−0.090%7-day average +0.088% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$400.402% of the position
Funding, last 7 days−0.089%−$9 on $10k
+Price spread, last 4 days (all we have)+0.251%+$25 · spread now −0.090%, 7d avg +0.088%
=Together, before fees+0.162%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board+$16 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 0.178% cheaper against Extended than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.088%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended CRV-USD | 0.3678 | 0.0104 | pay 0.0013% / 1h | 35m 29s | $245K | $883K | 25x |
| Short | Lighter CRV | 0.3675 | 0.0096 | get 0.0012% / 1h | 35m 29s | $415K | $703K | 10x |
Extended CRV-USD
Lighter CRVFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Extended. 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
- −$1.68
- Price spread: −0.090% → +0.088%
- −$17.76
- Slippage, 4 orders
- −$35.18
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$59.62
- Costs to cover
- 0.402%
- Break-even
- never at this rate
Slippage from Extended: live order book, 48 min ago; Lighter: live order book, 44 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 Extended live order book, 48 min ago | 5.07 bp | 17.4 bp −$17 | 1046.4 bp −$10.5K | doesn't fit | doesn't fit |
| Sell Lighter live order book, 44 min ago | 3.30 bp | 8.6 bp −$9 | 46.4 bp −$464 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit CRV_USDC-PERPETUAL | −0.0295% | 1h | 0.3671 | −0.187% | $57K | $48K | 25x | as long as short |
| Injective CRV/USDC PERP | −0.0228% | 1h | 0.3620 | −1.574% | $78 | $318K | 12x | as long as short |
| Phoenix CRV | −0.0176% | 1h | 0.3686 | +0.218% | $26K | $181K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0049% | 1h | 0.3682 | +0.114% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3674 | −0.099% | $38K | $4K | 10x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0027% | 1h | 0.3674 | −0.115% | $3.1M | $3.2M | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3672 | −0.160% | $24K | $930 | 10x | as long as short |
| Lighter CRVshort | +0.0096% | 1h | 0.3675 | −0.090% | $415K | $703K | 10x | |
| Aster CRVUSDT | +0.0100% | 8h | 0.3675 | −0.072% | $131K | $186K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3675 | −0.073% | $380K | $189K | 10x | as long as short |
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Phoenix CRV
Reya CRVRUSDPERP
dYdX CRV-USD
Kraken Futures PF_CRVUSD
Orderly PERP_CRV_USDC
Aster CRVUSDT
Pacifica CRVShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CRVUSDT | +0.0100% | 8h | 0.3680 | +0.051% | $25.8M | $57.0M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3681 | +0.084% | $28.0M | $17.1M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3681 | +0.084% | $8.7M | $22.2M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3680 | +0.057% | $2.0M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3672 | −0.160% | $14.7M | $5.5M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3676 | −0.051% | $7.2M | $9.1M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3682 | +0.112% | $6.9M | $5.6M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3679 | +0.030% | — | $21.6M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3688 | +0.277% | $1.1M | $138K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3680 | +0.063% | $38K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3680 | +0.057% | $513K | $437K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3687 | +0.248% | $61K | $695K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3704 | +0.710% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USDlong | +0.0104% | 1h | 0.3678 | long leg | $245K | $883K | 25x | |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3671 | −0.181% | $19K | $9K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3679 | +0.030% | $1.4M | $4.5M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0376% | 1h | 0.3675 | −0.079% | $386K | $4.8M | 50x | as long as short |
| Backpack CRV_USDC_PERP | +0.0402% | 1h | 0.3671 | −0.179% | $107K | $362K | 10x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0403% / S −0.0160% | 1h | 0.3674 | −0.113% | $218K | — | 100x | as long as short |
| Hyperliquid CRV | +0.0430% | 1h | 0.3681 | +0.076% | $22.8M | $16.6M | 10x | as long as short |
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDT
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Aevo CRV-PERP
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
Backpack CRV_USDC_PERP
GMX CRV/USD [ETH-USDC]
Hyperliquid CRV