Funding you earn now, next payment 20:00 UTC+0.0004%/8hpaid last 24h +0.001%
Price spread now: KuCoin against Lighter+0.045%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$630.631% of the position
Funding, last 7 days+0.073%+$7 on $10k
+Price spread, last 3 days (all we have)−0.228%−$23 · spread now +0.045%, 7d avg −0.001%
=Together, before fees−0.156%+ Points / potential airdropLighter: Season 3 · farm board−$16 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: KuCoin is 0.046% dearer against Lighter than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CRV | 0.3566 | 0.0096 | pay 0.0012% / 1h | 22m 17s | $411K | $684K | 10x |
| Short | KuCoin CRVUSDTM | 0.3568 | 0.0100 | get 0.0100% / 8h | 4h 22m | $6.9M | $8.7M | 50x |
Lighter CRV
KuCoin CRVUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $0.84
- Price spread: +0.045% → −0.001%
- $4.62
- Slippage, 4 orders
- −$51.14
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$57.68
- Costs to cover
- 0.631%
- Break-even
- 487.7 days
Slippage from Lighter: live order book, 7 min ago; KuCoin: live order book, 10 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 Lighter live order book, 7 min ago | 3.52 bp | 4.1 bp −$4 | 21.4 bp −$214 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 1.40 bp | 21.7 bp −$22 | 105.2 bp −$1,052 | 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 | −0.0311% | 1h | 0.3561 | −0.151% | $57K | $50K | 25x | as long as short |
| Phoenix CRV | −0.0203% | 1h | 0.3563 | −0.095% | $25K | $169K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0049% | 1h | 0.3563 | −0.093% | $15 | — | 15x | as long as short |
| Coinbase International CRV-PERP-INTX | −0.0032% | 1h | 0.3571 | +0.129% | $413K | $4.4M | 50x | as long as short |
| Injective CRV/USDC PERP | −0.0031% | 1h | 0.3530 | −1.021% | $76 | $151K | 12x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3565 | −0.025% | $37K | $3K | 10x | as long as short |
| Backpack CRV_USDC_PERP | +0.0085% | 1h | 0.3567 | +0.028% | $102K | $367K | 10x | as long as short |
| Lighter CRVlong | +0.0096% | 1h | 0.3566 | long leg | $411K | $684K | 10x | |
| Orderly PERP_CRV_USDC | +0.0097% | 8h | 0.3564 | −0.067% | $23K | $652 | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3565 | −0.029% | $134K | $181K | 10x | as long as short |
Deribit CRV_USDC-PERPETUAL
Phoenix CRV
Reya CRVRUSDPERP
Coinbase International CRV-PERP-INTX
Injective CRV/USDC PERP
dYdX CRV-USD
Backpack CRV_USDC_PERP
Orderly PERP_CRV_USDC
Aster CRVUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CRV | +0.0100% | 1h | 0.3565 | −0.029% | $362K | $141K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3562 | −0.123% | $24.7M | $55.9M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3563 | −0.095% | $27.0M | $16.4M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3563 | −0.095% | $8.6M | $20.8M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3567 | +0.017% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3564 | −0.067% | $14.2M | $5.5M | 125x | as long as short |
| KuCoin CRVUSDTMshort | +0.0100% | 8h | 0.3568 | +0.045% | $6.9M | $8.7M | 50x | |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3565 | −0.039% | $6.8M | $5.7M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3564 | −0.067% | — | $1.6M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3563 | −0.082% | $1.1M | $150K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3568 | +0.059% | $37K | $171K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3570 | +0.103% | $507K | $447K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3569 | +0.073% | $47K | $687K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3640 | +2.064% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3560 | −0.170% | $282K | $828K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3561 | −0.144% | $18K | $9K | 3x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0182% / S +0.0259% | 1h | 0.3565 | −0.038% | $243K | — | 100x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3563 | −0.095% | $1.4M | $4.2M | 75x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0400% | 1h | 0.3565 | −0.034% | $3.0M | $3.7M | 50x | as long as short |
| Hyperliquid CRV | +0.0662% | 1h | 0.3572 | +0.168% | $21.0M | $15.3M | 10x | as long as short |
Pacifica CRV
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
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
GMX CRV/USD [ETH-USDC]
BloFin CRV-USDT
Kraken Futures PF_CRVUSD
Hyperliquid CRV