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

CRV

all CRV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0124%/8h= −13.6% APRpaid last 24h −0.037%
Price spread now: Lighter against BloFin+0.449%90s7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$310.313% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.282%−$28 on $10k
Price spread, last 3 days (all we have)−0.489%−$49 · spread now +0.449%, 7d avg +0.026%
Together, before fees−0.771%+ Points / potential airdropLighter: Season 3 · farm board−$77 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.423% dearer against BloFin than usual: you sell high and buy low (spread +0.449% now, against its 7-day average of +0.026%): +$42 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 11 days. The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CRV-USDT0.37010.0220pay 0.0220% / 8h49m 53s$1.4M$4.3M75x
ShortLighter CRV0.37180.0096get 0.0012% / 1h49m 53s$420K$719K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against BloFin. 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
−$26.04
Price spread: +0.449% → +0.026%
$42.29
Slippage, 4 orders
−$19.33
Fee BloFin: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$15.08
Costs to cover
0.313%
Break-even
from the start
Slippage from BloFin: live order book, 4 min ago; Lighter: live order book, 25 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 BloFin live order book, 4 min ago2.70 bp11.4 bp −$1126.5 bp −$265doesn't fitdoesn't fit
Sell Lighter live order book, 25 min ago3.14 bp6.8 bp −$740.2 bp −$402doesn'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
Injective CRV/USDC PERP−0.0146%1h0.3670−0.838%$79$384K12xas long as short
Phoenix CRV−0.0108%1h0.3702+0.022%$26K$176K10xas long as short
Reya CRVRUSDPERP−0.0049%1h0.3714+0.352%$1615xas long as short
Deribit CRV_USDC-PERPETUAL−0.0019%1h0.3714+0.351%$57K$49K25xas long as short
dYdX CRV-USD0.0000%1h0.3718+0.466%$38K$5K10xas long as short
ApeX Omni CRVUSDT+0.0080%1h0.3698−0.081%$61K$697K50xas long as short
Orderly PERP_CRV_USDC+0.0096%8h0.3715+0.378%$25K$92910xas long as short
Lighter CRVshort+0.0096%1h0.3718+0.449%$420K$719K10x
Aster CRVUSDT+0.0100%8h0.3720+0.516%$133K$186K10xas long as short
Pacifica CRV+0.0100%1h0.3717+0.424%$378K$216K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CRVUSDT+0.0100%8h0.3722+0.567%$26.2M$56.3M75xas long as short
Bybit CRVUSDT+0.0100%8h0.3723+0.594%$28.5M$17.1M75xas long as short
OKX CRV-USDT-SWAP+0.0100%8h0.3724+0.621%$8.9M$21.8M50xas long as short
Gate CRV_USDT+0.0100%8h0.3723+0.594%$2.0M$1.3M50xas long as short
MEXC CRV_USDT+0.0100%8h0.3721+0.540%$14.7M$5.2M125xas long as short
KuCoin CRVUSDTM+0.0100%8h0.3727+0.703%$7.3M$9.0M50xas long as short
Bitget CRVUSDT+0.0100%8h0.3725+0.648%$7.0M$5.6M75xas long as short
BingX CRV-USDC+0.0100%8h0.3724+0.621%$1.7Mas long as short
Variational Omni CRV+0.0100%8h0.3701+0.001%$1.1M$124Kas long as short
edgeX CRVUSDC+0.0100%4h0.3695−0.157%$38K$172K20xas long as short
GRVT CRV_USDT_Perp+0.0100%8h0.3695−0.155%$523K$428K10xas long as short
SunX CRV-USDT+0.0100%8h0.3729+0.757%$1K$1.3M20xas long as short
Extended CRV-USD+0.0104%1h0.3722+0.561%$246K$881K25xas long as short
Aevo CRV-PERP+0.0104%1h0.3716+0.399%$19K$9K3xas long as short
Kraken Futures PF_CRVUSD+0.0154%1h0.3719+0.483%$3.2M$2.9M50xas long as short
BloFin CRV-USDTlong+0.0220%8h0.3701long leg$1.4M$4.3M75x
Hyperliquid CRV+0.0363%1h0.3729+0.765%$23.1M$16.3M10xas long as short
Coinbase International CRV-PERP-INTX+0.0384%1h0.3720+0.513%$388K$4.7M50xas long as short
GMX CRV/USD [ETH-USDC]L +0.0453% / S −0.0192%1h0.3715+0.386%$241K100xas long as short
Backpack CRV_USDC_PERP+0.0687%1h0.3725+0.640%$109K$313K10xas long as short