Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: edgeX against Lighter−0.507%49s7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$690.690% of the position
Funding, last 7 days+0.128%+$13 on $10k
+Price spread, last 4 days (all we have)+1.162%+$116 · spread now −0.507%, 7d avg −0.065%
=Together, before fees+1.290%+ Points / potential airdropLighter: Season 3 · edgeX: Active · farm board+$129 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: edgeX is 0.442% cheaper against Lighter than usual: you would sell low and buy high, −$44 on $10k if it goes back to its 7-day average of −0.065%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CRV | 0.3676 | 0.0096 | pay 0.0012% / 1h | 30m 25s | $386K | $705K | 10x |
| Short | edgeX CRVUSDC | 0.3658 | 0.0100 | get 0.0050% / 4h | 1h 30m | $38K | $173K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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: −0.507% → −0.065%
- −$44.16
- Slippage, 4 orders
- −$60.01
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$112.34
- Costs to cover
- 0.690%
- Break-even
- 943.2 days
Slippage from Lighter: live order book, 29 min ago; edgeX: live order book, 31 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, 29 min ago | 4.22 bp | 5.4 bp −$5 | 24.8 bp −$248 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 31 min ago | 21.81 bp | 26.3 bp −$26 | 68.2 bp −$682 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CRV | −0.0065% | 1h | 0.3661 | −0.419% | $26K | $168K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3670 | −0.167% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3678 | +0.044% | $38K | $7K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3674 | −0.068% | $56K | $49K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | −0.177% | $79 | $384K | 12x | as long as short |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3674 | −0.068% | $24K | $902 | 10x | as long as short |
| Lighter CRVlong | +0.0096% | 1h | 0.3676 | long leg | $386K | $705K | 10x | |
| Hyperliquid CRV | +0.0100% | 1h | 0.3676 | 0.000% | $22.3M | $15.2M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3680 | +0.098% | $131K | $180K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3679 | +0.065% | $373K | $198K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CRVUSDT | +0.0100% | 8h | 0.3674 | −0.065% | $25.4M | $54.0M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3675 | −0.041% | $27.9M | $17.7M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3670 | −0.177% | $8.9M | $20.5M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3682 | +0.150% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3673 | −0.095% | $14.7M | $5.3M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3680 | +0.095% | $6.4M | $8.8M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3675 | −0.041% | $6.9M | $5.2M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3679 | +0.068% | — | $23.6M | — | as long as short |
| Backpack CRV_USDC_PERP | +0.0100% | 1h | 0.3681 | +0.112% | $101K | $296K | 10x | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3669 | −0.211% | $1.1M | $101K | — | as long as short |
| edgeX CRVUSDCshort | +0.0100% | 4h | 0.3658 | −0.507% | $38K | $173K | 20x | |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3663 | −0.357% | $516K | $429K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3659 | −0.476% | $53K | $687K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3703 | +0.721% | $2K | $1.2M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3673 | −0.083% | $240K | $477K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3673 | −0.087% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3679 | +0.068% | $1.4M | $4.0M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0344% | 1h | 0.3670 | −0.177% | $385K | $4.1M | 50x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0369% | 1h | 0.3679 | +0.060% | $3.1M | $2.6M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0437% / S −0.0190% | 1h | 0.3674 | −0.081% | $222K | — | 100x | as long as short |
Lighter CRV
edgeX CRVUSDC
Phoenix CRV
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
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-USDT
Backpack CRV_USDC_PERP
Variational Omni CRV
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
Kraken Futures PF_CRVUSD
GMX CRV/USD [ETH-USDC]