Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: KuCoin against Lighter−0.068%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$750.749% of the position
Funding, last 7 days+0.073%+$7 on $10k
+Price spread, last 4 days (all we have)−0.768%−$77 · spread now −0.068%, 7d avg +0.004%
=Together, before fees−0.695%+ Points / potential airdropLighter: Season 3 · farm board−$70 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: KuCoin is 0.073% cheaper against Lighter than usual: you would sell low and buy high, −$7 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 | Lighter CRV | 0.3668 | 0.0096 | pay 0.0012% / 1h | 11m 47s | $385K | $709K | 10x |
| Short | KuCoin CRVUSDTM | 0.3665 | 0.0100 | get 0.0100% / 8h | 5h 11m | $6.3M | $8.7M | 50x |
Lighter CRV
KuCoin CRVUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Lighter. 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: −0.068% → +0.004%
- −$7.26
- Slippage, 4 orders
- −$62.92
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$81.33
- Costs to cover
- 0.749%
- Break-even
- 684.8 days
Slippage from Lighter: live order book, 48 min ago; KuCoin: live order book, 6 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 Lighter live order book, 48 min ago | 4.22 bp | 5.4 bp −$5 | 24.8 bp −$248 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 1.36 bp | 38.0 bp −$38 | 130.8 bp −$1,308 | 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 | −0.0065% | 1h | 0.3686 | +0.518% | $26K | $168K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3670 | +0.078% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3664 | −0.091% | $38K | $7K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3670 | +0.068% | $56K | $48K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +0.068% | $79 | $384K | 12x | as long as short |
| Lighter CRVlong | +0.0096% | 1h | 0.3668 | long leg | $385K | $709K | 10x | |
| Orderly PERP_CRV_USDC | +0.0097% | 8h | 0.3671 | +0.095% | $24K | $902 | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3671 | +0.093% | $22.3M | $15.0M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3667 | −0.023% | $131K | $180K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3673 | +0.163% | $373K | $198K | 10x | as long as short |
Phoenix CRV
Reya CRVRUSDPERP
dYdX CRV-USD
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Orderly PERP_CRV_USDC
Hyperliquid CRV
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 | 0.3671 | +0.088% | $25.4M | $53.6M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3664 | −0.095% | $27.8M | $17.6M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3664 | −0.095% | $8.8M | $20.4M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3666 | −0.041% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3664 | −0.095% | $14.6M | $5.3M | 125x | as long as short |
| KuCoin CRVUSDTMshort | +0.0100% | 8h | 0.3665 | −0.068% | $6.3M | $8.7M | 50x | |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3667 | −0.014% | $6.8M | $5.1M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3666 | −0.041% | — | $23.5M | — | as long as short |
| Backpack CRV_USDC_PERP | +0.0100% | 1h | 0.3666 | −0.035% | $100K | $296K | 10x | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3680 | +0.335% | $1.1M | $102K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3684 | +0.446% | $38K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3690 | +0.605% | $520K | $429K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3683 | +0.423% | $53K | $685K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3693 | +0.695% | $1K | $1.2M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3665 | −0.080% | $240K | $476K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3670 | +0.082% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3675 | +0.204% | $1.4M | $4.0M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0344% | 1h | 0.3666 | −0.041% | $380K | $4.1M | 50x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0370% | 1h | 0.3669 | +0.031% | $3.1M | $2.5M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0420% / S −0.0178% | 1h | 0.3672 | +0.117% | $214K | — | 100x | as long as short |
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
Bitget CRVUSDT
BingX CRV-USDT
Backpack CRV_USDC_PERP
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
Kraken Futures PF_CRVUSD
GMX CRV/USD [ETH-USDC]