Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.019%
Price spread now: Lighter against GRVT+0.306%78s7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$242as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2312.311% of the position
Funding, last 7 days−0.109%−$11 on $10k
+Price spread, last 3 days (all we have)−0.784%−$78 · spread now +0.306%, 7d avg +0.003%
=Together, before fees−0.893%+ Points / potential airdropGRVT: Active · Lighter: Season 3 · farm board−$89 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 0.303% dearer against GRVT than usual: you sell high and buy low, +$30 on $10k if it goes back to its 7-day average of +0.003%. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT CRV_USDT_Perp | 0.3640 | 0.0100 | pay 0.0100% / 8h | 2h 31m | $513K | $462K | 10x |
| Short | Lighter CRV | 0.3651 | 0.0096 | get 0.0012% / 1h | 31m 56s | $415K | $695K | 10x |
GRVT CRV_USDT_Perp
Lighter CRVFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against GRVT. 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: +0.306% → +0.003%
- $30.32
- Slippage, 4 orders
- −$222.07
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$201.59
- Costs to cover
- 2.311%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 55 min ago; Lighter: live order book, 53 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 GRVT live order book, 55 min ago | 13.68 bp | 68.5 bp −$68 | 189.3 bp −$1,893 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 53 min ago | 2.88 bp | 4.0 bp −$4 | 43.1 bp −$431 | 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 | −0.0298% | 1h | 0.3650 | +0.284% | $57K | $48K | 25x | as long as short |
| Injective CRV/USDC PERP | −0.0103% | 1h | 0.3630 | −0.266% | $78 | $265K | 12x | as long as short |
| Reya CRVRUSDPERP | −0.0049% | 1h | 0.3649 | +0.253% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3647 | +0.210% | $38K | $4K | 10x | as long as short |
| Phoenix CRV | 0.0000% | 1h | 0.3636 | −0.087% | $26K | $193K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3650 | +0.284% | $24K | $701 | 10x | as long as short |
| Lighter CRVshort | +0.0096% | 1h | 0.3651 | +0.306% | $415K | $695K | 10x | |
| Aster CRVUSDT | +0.0100% | 8h | 0.3651 | +0.299% | $130K | $186K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3646 | +0.180% | $369K | $166K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3654 | +0.390% | $25.6M | $58.4M | 75x | as long as short |
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Reya CRVRUSDPERP
dYdX CRV-USD
Phoenix CRV
Orderly PERP_CRV_USDC
Aster CRVUSDT
Pacifica CRV
Binance CRVUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CRVUSDT | +0.0100% | 8h | 0.3654 | +0.394% | $27.8M | $17.3M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3655 | +0.421% | $8.6M | $22.5M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3655 | +0.421% | $2.0M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3653 | +0.366% | $14.5M | $5.7M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3653 | +0.366% | $7.1M | $9.2M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3657 | +0.476% | $6.9M | $5.8M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3655 | +0.421% | — | $21.6M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3631 | −0.228% | $1.1M | $151K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3636 | −0.101% | $38K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perplong | +0.0100% | 8h | 0.3640 | long leg | $513K | $462K | 10x | |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3630 | −0.266% | $60K | $695K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3688 | +1.328% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3650 | +0.287% | $242K | $886K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3650 | +0.273% | $19K | $9K | 3x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0163% | 1h | 0.3652 | +0.348% | $3.1M | $3.5M | 50x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3638 | −0.046% | $1.4M | $4.8M | 75x | as long as short |
| Hyperliquid CRV | +0.0337% | 1h | 0.3657 | +0.474% | $22.5M | $17.0M | 10x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3642 | +0.064% | $389K | $4.9M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0402% / S −0.0160% | 1h | 0.3652 | +0.328% | $217K | — | 100x | as long as short |
| Backpack CRV_USDC_PERP | +0.0492% | 1h | 0.3656 | +0.438% | $105K | $362K | 10x | as long as short |
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDT
Variational Omni CRV
edgeX CRVUSDC
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
Kraken Futures PF_CRVUSD
BloFin CRV-USDT
Hyperliquid CRV
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Backpack CRV_USDC_PERP