Funding you earn now, next payment 09:00 UTC+0.0127%/8h= +13.9% APRnext payment +$0.16 per $10,000 · paid last 24h +0.164%
Price spread now: Lighter against Deribit+0.028%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.267%+$127 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Lighter is 0.028% dearer against Deribit than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit CRV_USDC-PERPETUAL | 0.3552 | −0.0031 | get 0.0004% / 1h | 27m 48s | $53K | $46K | 25x |
| Short | Lighter CRV | 0.3553 | 0.0096 | get 0.0012% / 1h | 27m 48s | $374K | $683K | 10x |
Deribit CRV_USDC-PERPETUAL
Lighter CRVFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Deribit. 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
- $26.67
- Price spread: +0.028% → 0.000%
- $2.82
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $22.49
- Costs to cover
- 0.070%
- Break-even
- 1.1 days
Slippage unknown: Deribit: no order-book sample; Lighter: live order book, 2 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 2 min ago | 3.94 bp | 7.7 bp −$8 | 38.3 bp −$383 | doesn't fit | doesn't fit |
Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CRVUSDT | −0.0381% | 8h | 0.3557 | +0.141% | $26.8M | $19.7M | 75x | as long as short |
| Backpack CRV_USDC_PERP | −0.0090% | 1h | 0.3556 | +0.121% | $90K | $255K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3550 | −0.044% | $15 | — | 15x | as long as short |
| Variational Omni CRV | −0.0041% | 8h | 0.3551 | −0.031% | $1.1M | $100K | — | as long as short |
| Deribit CRV_USDC-PERPETUALlong | −0.0031% | 1h | 0.3552 | long leg | $53K | $46K | 25x | |
| Phoenix CRV | −0.0022% | 1h | 0.3553 | +0.025% | $25K | $190K | 10x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3554 | +0.048% | $40K | $13K | 10x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +3.322% | $79 | $384K | 12x | as long as short |
| Lighter CRVshort | +0.0096% | 1h | 0.3553 | +0.028% | $374K | $683K | 10x | |
| Hyperliquid CRV | +0.0100% | 1h | 0.3560 | +0.220% | $20.9M | $16.8M | 10x | as long as short |
Bybit CRVUSDT
Backpack CRV_USDC_PERP
Reya CRVRUSDPERP
Variational Omni CRV
Phoenix CRV
dYdX CRV-USD
Injective CRV/USDC PERP
Hyperliquid CRVShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster CRVUSDT | +0.0100% | 8h | 0.3559 | +0.204% | $114K | $193K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3551 | −0.038% | $358K | $200K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3559 | +0.202% | $24.5M | $57.7M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3559 | +0.197% | $8.6M | $20.5M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3559 | +0.197% | $1.8M | $1.2M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3559 | +0.197% | $12.3M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3561 | +0.253% | $6.8M | $8.5M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3560 | +0.225% | $6.7M | $5.4M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3559 | +0.197% | — | $1.6M | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3553 | +0.038% | $37K | $175K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3557 | +0.152% | $506K | $419K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3556 | +0.113% | $52K | $657K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3552 | 0.000% | $24K | $928 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3629 | +2.168% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3559 | +0.183% | $252K | $512K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3553 | +0.041% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3550 | −0.056% | $1.3M | $3.9M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0408% | 1h | 0.3554 | +0.056% | $348K | $4.3M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0413% / S −0.0177% | 1h | 0.3552 | −0.009% | $208K | — | 100x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0672% | 1h | 0.3557 | +0.142% | $3.0M | $2.8M | 50x | as long as short |
Aster CRVUSDT
Pacifica CRV
Binance 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
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