Funding you earn now, next payment 11:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h +0.005%
Price spread now: Extended against Lighter−0.049%7-day average −0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$330.333% of the position
Funding, last 7 days+0.119%+$12 on $10k
+Price spread, last 4 days (all we have)−0.113%−$11 · spread now −0.049%, 7d avg −0.082%
=Together, before fees+0.006%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board+$1 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: Extended is 0.033% dearer against Lighter than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.082%.
| 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 | 7m 30s | $386K | $615K | 10x |
| Short | Extended CRV-USD | 0.3584 | 0.0104 | get 0.0013% / 1h | 7m 30s | $255K | $532K | 25x |
Lighter CRV
Extended CRV-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $1.68
- Price spread: −0.049% → −0.082%
- $3.35
- Slippage, 4 orders
- −$28.35
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$28.32
- Costs to cover
- 0.333%
- Break-even
- 125.0 days
Slippage from Lighter: live order book, 31 min ago; Extended: live order book, 38 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, 31 min ago | 6.47 bp | 7.2 bp −$7 | 23.0 bp −$230 | doesn't fit | doesn't fit |
| Sell Extended live order book, 38 min ago | 3.10 bp | 8.8 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
CRV on 30 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CRV | −0.0141% | 8h | 0.3579 | −0.196% | $1.1M | $129K | — | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3585 | −0.029% | $15 | — | 15x | as long as short |
| Phoenix CRV | −0.0022% | 1h | 0.3588 | +0.067% | $26K | $171K | 10x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3587 | +0.041% | $40K | $13K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3586 | +0.011% | $55K | $45K | 25x | as long as short |
| Backpack CRV_USDC_PERP | +0.0014% | 1h | 0.3587 | +0.050% | $93K | $215K | 10x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +2.354% | $79 | $384K | 12x | as long as short |
| Lighter CRVlong | +0.0096% | 1h | 0.3586 | long leg | $386K | $615K | 10x | |
| Aster CRVUSDT | +0.0100% | 8h | 0.3588 | +0.060% | $140K | $129K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3587 | +0.039% | $362K | $190K | 10x | as long as short |
Variational Omni CRV
Reya CRVRUSDPERP
Phoenix CRV
dYdX CRV-USD
Deribit CRV_USDC-PERPETUAL
Backpack CRV_USDC_PERP
Injective CRV/USDC PERP
Aster CRVUSDT
Pacifica CRVShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CRVUSDT | +0.0100% | 8h | 0.3586 | +0.013% | $24.9M | $51.5M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3583 | −0.073% | $26.8M | $18.1M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3583 | −0.073% | $8.7M | $18.7M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3588 | +0.067% | $1.8M | $1.1M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3585 | −0.017% | $12.6M | $5.3M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3588 | +0.067% | $6.5M | $8.3M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3588 | +0.067% | $6.7M | $4.3M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3585 | −0.017% | — | $40.0M | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3585 | −0.022% | $37K | $170K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3590 | +0.122% | $510K | $377K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3588 | +0.067% | $52K | $648K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3585 | −0.017% | $24K | $850 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3660 | +2.075% | $2K | $1.2M | 20x | as long as short |
| Extended CRV-USDshort | +0.0104% | 1h | 0.3584 | −0.049% | $255K | $532K | 25x | |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3585 | −0.015% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3586 | +0.011% | $1.3M | $3.5M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0392% | 1h | 0.3591 | +0.151% | $357K | $4.0M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0416% / S −0.0178% | 1h | 0.3586 | 0.000% | $210K | — | 100x | as long as short |
| Hyperliquid CRV | +0.0483% | 1h | 0.3592 | +0.173% | $21.5M | $16.0M | 10x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0656% | 1h | 0.3590 | +0.131% | $3.0M | $2.1M | 50x | as long as short |
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
Aevo CRV-PERP
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Hyperliquid CRV
Kraken Futures PF_CRVUSD