Settings8H · net · $10k
Funding arb · Price arb /

CRV

all CRV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against BingX+0.057%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$350.354% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.114%−$11 on $10k
Price spread, last 4 days (all we have)+0.279%+$28 · spread now +0.057%, 7d avg +0.060%
Together, before fees+0.165%+ Points / potential airdropLighter: Season 3 · farm board+$16 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX CRV-USDT0.36770.0100pay 0.0100% / 8h7h 15m$23.6M
ShortLighter CRV0.36790.0096get 0.0012% / 1h15m 14s$411K$727K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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: +0.057% → +0.060%
−$0.32
Slippage, 4 orders
−$25.35
Fee BingX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$36.51
Costs to cover
0.354%
Break-even
never at this rate
Slippage from BingX: live order book, 8 min ago; Lighter: live order book, 55 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 8 min ago1.36 bp10.6 bp −$1119.3 bp −$19373.5 bp −$7,354314.2 bp −$157.1K
Sell Lighter live order book, 55 min ago4.24 bp7.2 bp −$735.5 bp −$355doesn't fitdoesn't fit

CRV on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix CRV−0.0087%1h0.3668−0.256%$26K$168K10xas long as short
Reya CRVRUSDPERP−0.0048%1h0.3677−0.002%$1615xas long as short
Deribit CRV_USDC-PERPETUAL−0.0022%1h0.36770.000%$57K$50K25xas long as short
dYdX CRV-USD0.0000%1h0.3675−0.043%$38K$5K10xas long as short
Injective CRV/USDC PERP+0.0033%1h0.3670−0.190%$79$384K12xas long as short
Kraken Futures PF_CRVUSD+0.0088%1h0.3683+0.174%$3.1M$2.8M50xas long as short
Lighter CRVshort+0.0096%1h0.3679+0.057%$411K$727K10x
Orderly PERP_CRV_USDC+0.0096%8h0.3679+0.054%$25K$92910xas long as short
Aster CRVUSDT+0.0100%8h0.3678+0.029%$131K$182K10xas long as short
Pacifica CRV+0.0100%1h0.3675−0.054%$374K$211K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CRVUSDT+0.0100%8h0.3679+0.054%$25.7M$55.8M75xas long as short
Bybit CRVUSDT+0.0100%8h0.36770.000%$28.1M$17.5M75xas long as short
OKX CRV-USDT-SWAP+0.0100%8h0.36770.000%$8.8M$21.5M50xas long as short
Gate CRV_USDT+0.0100%8h0.3680+0.082%$1.9M$1.3M50xas long as short
MEXC CRV_USDT+0.0100%8h0.3678+0.027%$15.2M$5.2M125xas long as short
KuCoin CRVUSDTM+0.0100%8h0.3679+0.054%$6.6M$9.2M50xas long as short
Bitget CRVUSDT+0.0100%8h0.3681+0.109%$7.0M$5.6M75xas long as short
BingX CRV-USDTlong+0.0100%8h0.3677long leg$23.6M
Variational Omni CRV+0.0100%8h0.3674−0.083%$1.1M$114Kas long as short
edgeX CRVUSDC+0.0100%4h0.3668−0.250%$38K$173K20xas long as short
GRVT CRV_USDT_Perp+0.0100%8h0.3669−0.211%$518K$417K10xas long as short
ApeX Omni CRVUSDT+0.0100%1h0.3671−0.163%$53K$698K50xas long as short
SunX CRV-USDT+0.0100%8h0.3716+1.061%$2K$1.3M20xas long as short
Extended CRV-USD+0.0104%1h0.3677+0.005%$244K$891K25xas long as short
Aevo CRV-PERP+0.0104%1h0.3678+0.027%$13K$6K3xas long as short
BloFin CRV-USDT+0.0220%8h0.3674−0.082%$1.4M$4.3M75xas long as short
Hyperliquid CRV+0.0313%1h0.3684+0.190%$22.9M$16.5M10xas long as short
Coinbase International CRV-PERP-INTX+0.0384%1h0.3679+0.054%$390K$4.7M50xas long as short
GMX CRV/USD [ETH-USDC]L +0.0417% / S −0.0174%1h0.3678+0.033%$219K100xas long as short
Backpack CRV_USDC_PERP+0.0556%1h0.3681+0.114%$99K$295K10xas long as short