Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against edgeX+0.263%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$670.666% of the position
Funding, last 7 days−0.128%−$13 on $10k
+Price spread, last 4 days (all we have)−0.446%−$45 · spread now +0.263%, 7d avg +0.060%
=Together, before fees−0.575%+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm board−$57 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 0.203% dearer against edgeX than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of +0.060%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX CRVUSDC | 0.3598 | 0.0100 | pay 0.0050% / 4h | 2h 06m | $37K | $173K | 20x |
| Short | Lighter CRV | 0.3607 | 0.0096 | get 0.0012% / 1h | 6m 55s | $382K | $711K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against edgeX. 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: +0.263% → +0.060%
- $20.28
- Slippage, 4 orders
- −$57.6
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$47.16
- Costs to cover
- 0.666%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 40 min ago; Lighter: live order book, 38 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 edgeX live order book, 40 min ago | 22.32 bp | 26.8 bp −$27 | 64.7 bp −$647 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 38 min ago | 3.49 bp | 8.4 bp −$8 | 41.6 bp −$416 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit CRV_USDC-PERPETUAL | −0.0304% | 1h | 0.3607 | +0.254% | $54K | $45K | 25x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3607 | +0.252% | $15 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3608 | +0.292% | $37K | $8K | 10x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +2.005% | $79 | $384K | 12x | as long as short |
| Backpack CRV_USDC_PERP | +0.0039% | 1h | 0.3609 | +0.307% | $95K | $261K | 10x | as long as short |
| Phoenix CRV | +0.0045% | 1h | 0.3612 | +0.388% | $26K | $177K | 10x | as long as short |
| Variational Omni CRV | +0.0081% | 8h | 0.3596 | −0.055% | $1.1M | $95K | — | as long as short |
| Lighter CRVshort | +0.0096% | 1h | 0.3607 | +0.263% | $382K | $711K | 10x | |
| Hyperliquid CRV | +0.0100% | 1h | 0.3607 | +0.257% | $21.2M | $16.5M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3608 | +0.268% | $113K | $193K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CRV | +0.0100% | 1h | 0.3608 | +0.287% | $366K | $198K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3605 | +0.199% | $24.9M | $56.9M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3603 | +0.143% | $27.3M | $19.4M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3604 | +0.171% | $8.8M | $20.5M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3607 | +0.254% | $1.9M | $1.4M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3606 | +0.227% | $12.7M | $5.7M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3606 | +0.227% | $6.0M | $8.3M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3607 | +0.254% | $6.7M | $5.3M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3605 | +0.199% | — | $1.6M | — | as long as short |
| edgeX CRVUSDClong | +0.0100% | 4h | 0.3598 | long leg | $37K | $173K | 20x | |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3599 | +0.031% | $510K | $445K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3602 | +0.115% | $53K | $681K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3609 | +0.310% | $24K | $902 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3690 | +2.561% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3602 | +0.122% | $254K | $499K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3608 | +0.273% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3606 | +0.227% | $1.3M | $4.0M | 75x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0416% / S −0.0177% | 1h | 0.3609 | +0.310% | $211K | — | 100x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0432% | 1h | 0.3614 | +0.449% | $367K | $4.4M | 50x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0673% | 1h | 0.3612 | +0.407% | $3.0M | $2.7M | 50x | as long as short |
edgeX CRVUSDC
Lighter CRV
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Backpack 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
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