Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against OKX−0.003%7-day average +0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$430.429% of the position
Funding, last 7 days−0.049%−$5 on $10k
+Price spread, last 4 days (all we have)+0.191%+$19 · spread now −0.003%, 7d avg +0.066%
=Together, before fees+0.142%+ Points / potential airdropLighter: Season 3 · farm board+$14 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 0.069% cheaper against OKX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.066%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX CRV-USDT-SWAP | 0.3640 | 0.0100 | pay 0.0100% / 8h | 6h 23m | $8.8M | $21.0M | 50x |
| Short | Lighter CRV | 0.3640 | 0.0096 | get 0.0012% / 1h | 23m 43s | $384K | $713K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against OKX. 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: −0.003% → +0.066%
- −$6.91
- Slippage, 4 orders
- −$32.89
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$50.64
- Costs to cover
- 0.429%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; Lighter: live order book, 41 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 OKX live order book, 5 min ago | 1.38 bp | 14.9 bp −$15 | 36.0 bp −$360 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 41 min ago | 4.63 bp | 9.9 bp −$10 | 45.2 bp −$452 | doesn't fit | doesn't fit |
CRV on 29 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 | −0.0066% | 1h | 0.3618 | −0.604% | $26K | $162K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3628 | −0.318% | $16 | — | 15x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0025% | 1h | 0.3629 | −0.302% | $55K | $50K | 25x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3642 | +0.051% | $38K | $6K | 10x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +0.824% | $79 | $384K | 12x | as long as short |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3629 | −0.302% | $24K | $979 | 10x | as long as short |
| Lighter CRVshort | +0.0096% | 1h | 0.3640 | −0.003% | $384K | $713K | 10x | |
| Hyperliquid CRV | +0.0100% | 1h | 0.3645 | +0.137% | $22.2M | $15.3M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3635 | −0.136% | $129K | $182K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3641 | +0.022% | $367K | $196K | 10x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CRVUSDT | +0.0100% | 8h | 0.3640 | +0.008% | $25.1M | $55.6M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3640 | 0.000% | $27.6M | $17.9M | 75x | as long as short |
| OKX CRV-USDT-SWAPlong | +0.0100% | 8h | 0.3640 | long leg | $8.8M | $21.0M | 50x | |
| Gate CRV_USDT | +0.0100% | 8h | 0.3640 | 0.000% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3641 | +0.027% | $14.9M | $5.3M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3640 | 0.000% | $6.3M | $9.1M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3642 | +0.055% | $6.8M | $5.5M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3641 | +0.027% | — | $1.6M | — | as long as short |
| Backpack CRV_USDC_PERP | +0.0100% | 1h | 0.3633 | −0.184% | $97K | $300K | 10x | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3636 | −0.113% | $1.1M | $113K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3629 | −0.306% | $37K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3626 | −0.385% | $508K | $427K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3622 | −0.495% | $52K | $691K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3682 | +1.154% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3640 | −0.013% | $237K | $490K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3629 | −0.292% | $13K | $6K | 3x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0291% | 1h | 0.3634 | −0.156% | $3.1M | $2.7M | 50x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0376% | 1h | 0.3636 | −0.110% | $380K | $4.2M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0455% / S −0.0203% | 1h | 0.3630 | −0.287% | $231K | — | 100x | as long as short |
OKX CRV-USDT-SWAP
Lighter CRV
Phoenix CRV
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Hyperliquid CRV
Aster CRVUSDT
Pacifica CRV
Binance CRVUSDT
Bybit CRVUSDT
Gate CRV_USDT
MEXC 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
Kraken Futures PF_CRVUSD
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]