Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: MEXC against Lighter−0.019%7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$250.254% of the position
Funding, last 7 days+0.049%+$5 on $10k
+Price spread, last 4 days (all we have)−0.934%−$93 · spread now −0.019%, 7d avg −0.059%
=Together, before fees−0.885%+ Points / potential airdropLighter: 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: MEXC is 0.040% dearer against Lighter than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.059%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CRV | 0.3666 | 0.0096 | pay 0.0012% / 1h | 32m 32s | $386K | $705K | 10x |
| Short | MEXC CRV_USDT | 0.3665 | 0.0100 | get 0.0100% / 8h | 5h 32m | $14.7M | $5.3M | 125x |
Lighter CRV
MEXC CRV_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.019% → −0.059%
- $4.03
- Slippage, 4 orders
- −$21.39
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$20.53
- Costs to cover
- 0.254%
- Break-even
- 178.0 days
Slippage from Lighter: live order book, 27 min ago; MEXC: live order book, 1 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, 27 min ago | 4.22 bp | 5.4 bp −$5 | 24.8 bp −$248 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 1.37 bp | 3.4 bp −$3 | 17.7 bp −$177 | 96.8 bp −$9,683 | 137.0 bp −$68.5K |
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 | 0.3661 | −0.125% | $26K | $168K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3665 | −0.009% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3666 | +0.015% | $38K | $7K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3662 | −0.101% | $55K | $49K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +0.117% | $79 | $384K | 12x | as long as short |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3662 | −0.101% | $24K | $902 | 10x | as long as short |
| Lighter CRVlong | +0.0096% | 1h | 0.3666 | long leg | $386K | $705K | 10x | |
| Hyperliquid CRV | +0.0100% | 1h | 0.3671 | +0.142% | $22.2M | $15.1M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3669 | +0.090% | $131K | $180K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3666 | +0.015% | $372K | $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 | 0.3667 | +0.049% | $25.3M | $53.9M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3665 | −0.019% | $27.8M | $17.6M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3666 | +0.008% | $8.8M | $20.5M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3664 | −0.046% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDTshort | +0.0100% | 8h | 0.3665 | −0.019% | $14.7M | $5.3M | 125x | |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3666 | +0.008% | $6.3M | $8.8M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3669 | +0.090% | $6.9M | $5.2M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3666 | +0.008% | — | $1.6M | — | as long as short |
| Backpack CRV_USDC_PERP | +0.0100% | 1h | 0.3668 | +0.049% | $101K | $296K | 10x | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3650 | −0.434% | $1.1M | $101K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3656 | −0.262% | $38K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3666 | +0.006% | $517K | $429K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3659 | −0.183% | $53K | $687K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3693 | +0.745% | $2K | $1.2M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3666 | +0.021% | $238K | $477K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3662 | −0.092% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3665 | −0.019% | $1.4M | $3.9M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0344% | 1h | 0.3663 | −0.074% | $383K | $4.1M | 50x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0370% | 1h | 0.3667 | +0.047% | $3.1M | $2.6M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0436% / S −0.0190% | 1h | 0.3667 | +0.023% | $222K | — | 100x | as long as short |
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate 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
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]