Funding you earn now, next payment 05:00 UTC−0.0003%/8h= −0.4% APRpaid last 24h 0.000%
Price spread now: Lighter against Orderly+0.130%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: Lighter is 0.130% dearer against Orderly than usual: you sell high and buy low, +$13 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 | Orderly PERP_CRV_USDC | 0.3623 | 0.0099 | pay 0.0099% / 8h | 3h 57m | $24K | $902 | 10x |
| Short | Lighter CRV | 0.3628 | 0.0096 | get 0.0012% / 1h | 57m 17s | $383K | $698K | 10x |
Orderly PERP_CRV_USDC
Lighter CRVFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Orderly. 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
- −$0.72
- Price spread: +0.130% → 0.000%
- $12.97
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $6.25
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Orderly: no order-book sample; Lighter: live order book, 57 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 57 min ago | 3.32 bp | 9.0 bp −$9 | 43.1 bp −$431 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack CRV_USDC_PERP | −0.0151% | 1h | 0.3630 | +0.207% | $97K | $283K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3624 | +0.018% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3628 | +0.148% | $37K | $8K | 10x | as long as short |
| Phoenix CRV | 0.0000% | 1h | 0.3629 | +0.168% | $26K | $176K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3622 | −0.028% | $55K | $47K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +1.297% | $79 | $384K | 12x | as long as short |
| Lighter CRVshort | +0.0096% | 1h | 0.3628 | +0.130% | $383K | $698K | 10x | |
| Orderly PERP_CRV_USDClong | +0.0099% | 8h | 0.3623 | long leg | $24K | $902 | 10x | |
| Aster CRVUSDT | +0.0100% | 8h | 0.3628 | +0.139% | $129K | $180K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3629 | +0.155% | $368K | $198K | 10x | as long as short |
Backpack CRV_USDC_PERP
Reya CRVRUSDPERP
dYdX CRV-USD
Phoenix CRV
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
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 | 0.3626 | +0.074% | $24.9M | $54.4M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3620 | −0.083% | $27.4M | $17.7M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3623 | 0.000% | $8.7M | $20.4M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3628 | +0.138% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3625 | +0.055% | $13.5M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3628 | +0.138% | $6.1M | $8.6M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3624 | +0.028% | $6.8M | $5.1M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3625 | +0.055% | — | $1.6M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3629 | +0.162% | $1.1M | $101K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3629 | +0.178% | $37K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3630 | +0.193% | $513K | $451K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3632 | +0.248% | $52K | $684K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3687 | +1.766% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3622 | −0.028% | $257K | $493K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3623 | −0.006% | $13K | $6K | 3x | as long as short |
| Hyperliquid CRV | +0.0215% | 1h | 0.3630 | +0.199% | $21.9M | $14.9M | 10x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3627 | +0.110% | $1.4M | $4.1M | 75x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0417% / S −0.0177% | 1h | 0.3625 | +0.055% | $212K | — | 100x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0432% | 1h | 0.3635 | +0.331% | $381K | $4.0M | 50x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0725% | 1h | 0.3629 | +0.179% | $3.1M | $2.6M | 50x | as long as short |
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDC
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
Hyperliquid CRV
BloFin CRV-USDT
GMX CRV/USD [ETH-USDC]
Coinbase International CRV-PERP-INTX
Kraken Futures PF_CRVUSD