Funding you earn now, next payment 07:00 UTC−0.0063%/8h= −6.9% APRnext payment −$0.08 per $10,000 · paid last 24h −0.018%
Price spread now: Injective against Lighter+2.488%7-day average −0.110% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 4 days (all we have)−2.949%−$295 · spread now +2.488%, 7d avg −0.110%
=Together, before fees−2.917%+ Points / potential airdropLighter: Season 3 · farm board−$292 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Injective is 2.598% dearer against Lighter than usual: you sell high and buy low (spread +2.488% now, against its 7-day average of −0.110%): +$260 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CRV | 0.3581 | 0.0096 | pay 0.0012% / 1h | 44m 52s | $379K | $711K | 10x |
| Short | Injective CRV/USDC PERP | 0.3670 | 0.0033 | get 0.0004% / 1h | 44m 52s | $79 | $384K | 12x |
Lighter CRV
Injective CRV/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$13.16
- Price spread: +2.488% → −0.110%
- $259.85
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $246.67
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Lighter: live order book, 60 min ago; Injective: 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, 60 min ago | 3.49 bp | 4.6 bp −$5 | 28.8 bp −$288 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit CRV_USDC-PERPETUAL | −0.1143% | 1h | 0.3585 | +0.114% | $54K | $45K | 25x | as long as short |
| Backpack CRV_USDC_PERP | −0.0050% | 1h | 0.3584 | +0.075% | $96K | $215K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3580 | −0.020% | $15 | — | 15x | as long as short |
| Phoenix CRV | −0.0045% | 1h | 0.3578 | −0.089% | $25K | $187K | 10x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3578 | −0.077% | $37K | $8K | 10x | as long as short |
| Injective CRV/USDC PERPshort | +0.0033% | 1h | 0.3670 | +2.488% | $79 | $384K | 12x | |
| Variational Omni CRV | +0.0061% | 8h | 0.3571 | −0.280% | $1.1M | $95K | — | as long as short |
| Lighter CRVlong | +0.0096% | 1h | 0.3581 | long leg | $379K | $711K | 10x | |
| Hyperliquid CRV | +0.0100% | 1h | 0.3583 | +0.070% | $21.0M | $16.4M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3581 | +0.006% | $112K | $193K | 10x | as long as short |
Deribit CRV_USDC-PERPETUAL
Backpack CRV_USDC_PERP
Reya CRVRUSDPERP
Phoenix CRV
dYdX CRV-USD
Variational Omni CRV
Hyperliquid CRV
Aster CRVUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CRV | +0.0100% | 1h | 0.3574 | −0.183% | $363K | $198K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3580 | −0.025% | $24.7M | $56.9M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3575 | −0.165% | $27.0M | $19.4M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3580 | −0.025% | $8.7M | $20.4M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3581 | +0.003% | $1.8M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3581 | +0.003% | $12.6M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3581 | +0.003% | $5.9M | $8.3M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3582 | +0.031% | $6.7M | $5.3M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3578 | −0.081% | — | $23.5M | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3578 | −0.082% | $37K | $174K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3580 | −0.025% | $507K | $435K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3581 | +0.003% | $53K | $682K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3582 | +0.031% | $24K | $928 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3653 | +2.013% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3577 | −0.103% | $251K | $498K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3582 | +0.043% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3577 | −0.109% | $1.3M | $3.9M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3582 | +0.031% | $354K | $4.4M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0415% / S −0.0177% | 1h | 0.3583 | +0.045% | $209K | — | 100x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0558% | 1h | 0.3586 | +0.146% | $3.0M | $2.7M | 50x | as long as short |
Pacifica CRV
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDT
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
Orderly PERP_CRV_USDC
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Kraken Futures PF_CRVUSD