Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h 0.000%
Price spread now: Orderly against Lighter+0.028%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.028% dearer against Lighter than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CRV | 0.3576 | 0.0096 | pay 0.0012% / 1h | 58m 06s | $376K | $679K | 10x |
| Short | Orderly PERP_CRV_USDC | 0.3577 | 0.0100 | get 0.0100% / 8h | 7h 58m | $24K | $928 | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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: +0.028% → 0.000%
- $2.8
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$2.36
- Costs to cover
- 0.060%
- Break-even
- 26.7 days
Slippage unknown: Lighter: live order book, 37 min ago; Orderly: no order-book sample. Net counts fees only.
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, 37 min ago | 4.92 bp | 5.8 bp −$6 | 27.9 bp −$279 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3576 | 0.000% | $15 | — | 15x | as long as short |
| Variational Omni CRV | −0.0001% | 8h | 0.3565 | −0.307% | $1.1M | $94K | — | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3572 | −0.098% | $37K | $8K | 10x | as long as short |
| Phoenix CRV | 0.0000% | 1h | 0.3573 | −0.081% | $25K | $184K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3579 | +0.084% | $53K | $46K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +2.629% | $79 | $384K | 12x | as long as short |
| Lighter CRVlong | +0.0096% | 1h | 0.3576 | long leg | $376K | $679K | 10x | |
| Aster CRVUSDT | +0.0100% | 8h | 0.3577 | +0.037% | $115K | $193K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3575 | −0.041% | $361K | $200K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3577 | +0.036% | $24.6M | $57.7M | 75x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CRVUSDT | +0.0100% | 8h | 0.3572 | −0.112% | $26.9M | $19.7M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3576 | 0.000% | $8.7M | $20.4M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3577 | +0.028% | $1.8M | $1.2M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3577 | +0.028% | $12.4M | $5.5M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3580 | +0.112% | $6.8M | $8.5M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3579 | +0.084% | $6.7M | $5.4M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3577 | +0.028% | — | $1.6M | — | as long as short |
| Backpack CRV_USDC_PERP | +0.0100% | 1h | 0.3580 | +0.106% | $93K | $256K | 10x | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3560 | −0.436% | $37K | $175K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3564 | −0.336% | $496K | $419K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3560 | −0.447% | $52K | $670K | 50x | as long as short |
| Orderly PERP_CRV_USDCshort | +0.0100% | 8h | 0.3577 | +0.028% | $24K | $928 | 10x | |
| SunX CRV-USDT | +0.0100% | 8h | 0.3663 | +2.433% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3577 | +0.030% | $251K | $510K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3578 | +0.043% | $13K | $6K | 3x | as long as short |
| Hyperliquid CRV | +0.0170% | 1h | 0.3581 | +0.151% | $21.0M | $16.7M | 10x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3571 | −0.140% | $1.3M | $3.9M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0408% | 1h | 0.3572 | −0.112% | $358K | $4.3M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0414% / S −0.0177% | 1h | 0.3577 | +0.026% | $209K | — | 100x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0667% | 1h | 0.3583 | +0.198% | $3.0M | $2.8M | 50x | as long as short |
Lighter CRV
Variational Omni CRV
Phoenix CRV
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Aster CRVUSDT
Pacifica CRV
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDC
Backpack CRV_USDC_PERP
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
Hyperliquid CRV
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Kraken Futures PF_CRVUSD