Funding you earn now, next payment 06:00 UTC+0.0144%/8h= +15.8% APRnext payment +$0.18 per $10,000 · paid last 24h +0.043%
Price spread now: Lighter against Reya−0.007%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropReya: Active · Lighter: Season 3 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya CRVRUSDPERP | 0.3588 | −0.0048 | get 0.0006% / 1h | 13m 50s | $15 | — | 15x |
| Short | Lighter CRV | 0.3588 | 0.0096 | get 0.0012% / 1h | 13m 50s | $381K | $705K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Reya. 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
- $30.32
- Price spread: −0.007% → 0.000%
- −$0.67
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $23.65
- Costs to cover
- 0.060%
- Break-even
- 1.5 days
Slippage unknown: Reya: no order-book sample; Lighter: live order book, 31 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 Reya no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 31 min ago | 3.49 bp | 8.4 bp −$8 | 41.6 bp −$416 | doesn't fit | doesn't fit |
Reya: 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 CRVRUSDPERPlong | −0.0048% | 1h | 0.3588 | long leg | $15 | — | 15x | |
| Backpack CRV_USDC_PERP | −0.0020% | 1h | 0.3593 | +0.119% | $94K | $261K | 10x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3583 | −0.144% | $37K | $8K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3589 | +0.016% | $54K | $45K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +2.273% | $79 | $384K | 12x | as long as short |
| Phoenix CRV | +0.0045% | 1h | 0.3574 | −0.397% | $25K | $177K | 10x | as long as short |
| Variational Omni CRV | +0.0075% | 8h | 0.3576 | −0.349% | $1.1M | $95K | — | as long as short |
| Lighter CRVshort | +0.0096% | 1h | 0.3588 | −0.007% | $381K | $705K | 10x | |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3589 | +0.016% | $24K | $902 | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3591 | +0.074% | $21.1M | $16.5M | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster CRVUSDT | +0.0100% | 8h | 0.3589 | +0.003% | $113K | $193K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3584 | −0.119% | $364K | $198K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3588 | +0.001% | $24.8M | $56.9M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3586 | −0.068% | $27.1M | $19.3M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3590 | +0.043% | $8.7M | $20.4M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3589 | +0.016% | $1.9M | $1.4M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3588 | −0.012% | $12.8M | $5.7M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3589 | +0.016% | $6.0M | $8.3M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3590 | +0.043% | $6.7M | $5.3M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3589 | +0.016% | — | $1.6M | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3587 | −0.045% | $37K | $174K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3590 | +0.043% | $508K | $445K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3586 | −0.068% | $53K | $682K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3673 | +2.356% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3588 | −0.025% | $253K | $494K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3590 | +0.048% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3579 | −0.263% | $1.3M | $3.9M | 75x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0415% / S −0.0177% | 1h | 0.3589 | +0.019% | $210K | — | 100x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0432% | 1h | 0.3591 | +0.071% | $374K | $4.4M | 50x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0677% | 1h | 0.3593 | +0.126% | $3.0M | $2.7M | 50x | as long as short |
Lighter CRV
Backpack CRV_USDC_PERP
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Phoenix CRV
Variational Omni CRV
Hyperliquid CRV
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
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
BloFin CRV-USDT
GMX CRV/USD [ETH-USDC]
Coinbase International CRV-PERP-INTX
Kraken Futures PF_CRVUSD