Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against KuCoin−0.186%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$640.642% of the position
Funding, last 7 days−0.073%−$7 on $10k
+Price spread, last 4 days (all we have)+0.423%+$42 · spread now −0.186%, 7d avg −0.004%
=Together, before fees+0.350%+ Points / potential airdropLighter: Season 3 · farm board+$35 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 0.182% cheaper against KuCoin than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of −0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CRVUSDTM | 0.3655 | 0.0100 | pay 0.0100% / 8h | 7h 35m | $6.6M | $9.3M | 50x |
| Short | Lighter CRV | 0.3648 | 0.0096 | get 0.0012% / 1h | 35m 49s | $408K | $726K | 10x |
KuCoin CRVUSDTM
Lighter CRVFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against KuCoin. 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: −0.186% → −0.004%
- −$18.16
- Slippage, 4 orders
- −$52.21
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$83.2
- Costs to cover
- 0.642%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Lighter: live order book, 34 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 KuCoin live order book, 2 min ago | 2.74 bp | 16.7 bp −$17 | 109.8 bp −$1,098 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 34 min ago | 4.24 bp | 7.2 bp −$7 | 35.5 bp −$355 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CRV | −0.0087% | 1h | 0.3638 | −0.471% | $26K | $168K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3645 | −0.275% | $16 | — | 15x | as long as short |
| ApeX Omni CRVUSDT | −0.0042% | 1h | 0.3643 | −0.328% | $52K | $699K | 50x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3645 | −0.268% | $38K | $5K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3648 | −0.192% | $56K | $50K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +0.410% | $79 | $384K | 12x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0088% | 1h | 0.3653 | −0.064% | $3.1M | $2.8M | 50x | as long as short |
| Lighter CRVshort | +0.0096% | 1h | 0.3648 | −0.186% | $408K | $726K | 10x | |
| Orderly PERP_CRV_USDC | +0.0096% | 8h | 0.3648 | −0.192% | $24K | $929 | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3656 | +0.022% | $130K | $182K | 10x | as long as short |
Phoenix CRV
Reya CRVRUSDPERP
ApeX Omni CRVUSDT
dYdX CRV-USD
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Kraken Futures PF_CRVUSD
Orderly PERP_CRV_USDC
Aster CRVUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CRV | +0.0100% | 1h | 0.3644 | −0.295% | $371K | $211K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3653 | −0.046% | $25.5M | $56.1M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3651 | −0.109% | $27.7M | $17.5M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3651 | −0.109% | $8.8M | $21.5M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3654 | −0.027% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3652 | −0.082% | $15.0M | $5.2M | 125x | as long as short |
| KuCoin CRVUSDTMlong | +0.0100% | 8h | 0.3655 | long leg | $6.6M | $9.3M | 50x | |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3655 | 0.000% | $6.9M | $5.6M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3652 | −0.082% | — | $1.7M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3647 | −0.221% | $1.1M | $113K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3641 | −0.374% | $38K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3641 | −0.390% | $509K | $405K | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3689 | +0.930% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3651 | −0.117% | $243K | $946K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3648 | −0.187% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3642 | −0.356% | $1.4M | $4.4M | 75x | as long as short |
| Hyperliquid CRV | +0.0319% | 1h | 0.3659 | +0.096% | $22.7M | $16.5M | 10x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3649 | −0.164% | $381K | $4.6M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0446% / S −0.0196% | 1h | 0.3648 | −0.192% | $231K | — | 100x | as long as short |
| Backpack CRV_USDC_PERP | +0.0487% | 1h | 0.3655 | −0.008% | $99K | $295K | 10x | as long as short |
Pacifica CRV
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
Bitget CRVUSDT
BingX CRV-USDC
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
Hyperliquid CRV
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Backpack CRV_USDC_PERP