Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: MEXC against Lighter+0.056%7-day average −0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$310.308% of the position
Funding, last 7 days+0.049%+$5 on $10k
+Price spread, last 4 days (all we have)−0.352%−$35 · spread now +0.056%, 7d avg −0.060%
=Together, before fees−0.303%+ Points / potential airdropLighter: Season 3 · farm board−$30 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: MEXC is 0.116% dearer against Lighter than usual: you sell high and buy low, +$12 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 | Lighter CRV | 0.3586 | 0.0096 | pay 0.0012% / 1h | 39m 12s | $378K | $711K | 10x |
| Short | MEXC CRV_USDT | 0.3588 | 0.0100 | get 0.0100% / 8h | 6h 39m | $14.5M | $5.3M | 125x |
Lighter CRV
MEXC CRV_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.056% → −0.060%
- $11.62
- Slippage, 4 orders
- −$26.81
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$18.35
- Costs to cover
- 0.308%
- Break-even
- 159.9 days
Slippage from Lighter: live order book, 26 min ago; MEXC: live order book, 4 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, 26 min ago | 4.63 bp | 4.8 bp −$5 | 25.2 bp −$252 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.38 bp | 8.4 bp −$8 | 28.9 bp −$289 | 93.1 bp −$9,307 | 123.0 bp −$61.5K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CRV | −0.0066% | 1h | 0.3602 | +0.438% | $26K | $162K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3585 | −0.036% | $15 | — | 15x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0029% | 1h | 0.3585 | −0.028% | $55K | $50K | 25x | as long as short |
| ApeX Omni CRVUSDT | −0.0004% | 1h | 0.3613 | +0.753% | $52K | $699K | 50x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3581 | −0.127% | $37K | $6K | 10x | as long as short |
| Backpack CRV_USDC_PERP | +0.0033% | 1h | 0.3591 | +0.151% | $96K | $302K | 10x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +2.342% | $79 | $384K | 12x | as long as short |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3587 | +0.028% | $24K | $979 | 10x | as long as short |
| Lighter CRVlong | +0.0096% | 1h | 0.3586 | long leg | $378K | $711K | 10x | |
| Hyperliquid CRV | +0.0100% | 1h | 0.3593 | +0.184% | $22.0M | $15.4M | 10x | as long as short |
Phoenix CRV
Reya CRVRUSDPERP
Deribit CRV_USDC-PERPETUAL
ApeX Omni CRVUSDT
dYdX CRV-USD
Backpack CRV_USDC_PERP
Injective CRV/USDC PERP
Orderly PERP_CRV_USDC
Hyperliquid CRVShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster CRVUSDT | +0.0100% | 8h | 0.3585 | −0.033% | $127K | $182K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3580 | −0.163% | $361K | $209K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3587 | +0.038% | $24.8M | $56.5M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3586 | 0.000% | $27.2M | $18.2M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3589 | +0.084% | $8.6M | $20.9M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3586 | 0.000% | $1.8M | $1.3M | 50x | as long as short |
| MEXC CRV_USDTshort | +0.0100% | 8h | 0.3588 | +0.056% | $14.5M | $5.3M | 125x | |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3587 | +0.028% | $6.2M | $9.2M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3590 | +0.112% | $6.7M | $5.6M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3588 | +0.056% | — | $23.6M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3586 | −0.002% | $1.1M | $113K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3612 | +0.725% | $37K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3600 | +0.390% | $504K | $427K | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3633 | +1.311% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3585 | −0.037% | $235K | $617K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3585 | −0.016% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3634 | +1.339% | $1.4M | $4.1M | 75x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0295% | 1h | 0.3589 | +0.097% | $3.0M | $2.8M | 50x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0376% | 1h | 0.3586 | 0.000% | $376K | $4.5M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0449% / S −0.0200% | 1h | 0.3586 | +0.008% | $228K | — | 100x | as long as short |
Aster CRVUSDT
Pacifica CRV
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDT
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
Kraken Futures PF_CRVUSD
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]