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+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%
Price spread now: Lighter against dYdX−0.117%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding pays, the price is against you. Lighter is 0.117% cheaper against dYdX than usual: you would sell low and buy high (spread −0.117% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 4.1 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX CRV-USD0.36720get 0.0000% / 1h58m 24s$38K$5K10x
ShortLighter CRV0.36680.0096get 0.0012% / 1h58m 24s$415K$712K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against dYdX. 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
$20.16
Price spread: −0.117% → 0.000%
−$11.71
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$1.55
Costs to cover
0.100%
Break-even
7.5 days
Slippage unknown: dYdX: no order-book sample; Lighter: live order book, 11 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy dYdX no order-book sample
Sell Lighter live order book, 11 min ago4.24 bp7.2 bp −$735.5 bp −$355doesn't fitdoesn't fit
dYdX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix CRV−0.0108%1h0.3682+0.264%$26K$167K10xas long as short
Reya CRVRUSDPERP−0.0049%1h0.3667−0.142%$1615xas long as short
Gate CRV_USDT−0.0044%8h0.3668−0.114%$1.9M$1.3M50xas long as short
dYdX CRV-USDlong0.0000%1h0.3672long leg$38K$5K10x
Injective CRV/USDC PERP+0.0033%1h0.3670−0.060%$79$384K12xas long as short
Kraken Futures PF_CRVUSD+0.0088%1h0.3680+0.208%$3.1M$2.9M50xas long as short
Lighter CRVshort+0.0096%1h0.3668−0.117%$415K$712K10x
Orderly PERP_CRV_USDC+0.0096%8h0.3675+0.076%$24K$92910xas long as short
Aster CRVUSDT+0.0100%8h0.3670−0.065%$130K$184K10xas long as short
Pacifica CRV+0.0100%1h0.3669−0.099%$370K$208K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CRVUSDT+0.0100%8h0.3669−0.087%$25.7M$56.2M75xas long as short
Bybit CRVUSDT+0.0100%8h0.3667−0.142%$27.8M$17.3M75xas long as short
OKX CRV-USDT-SWAP+0.0100%8h0.3666−0.169%$8.8M$21.6M50xas long as short
MEXC CRV_USDT+0.0100%8h0.3668−0.114%$14.5M$5.1M125xas long as short
KuCoin CRVUSDTM+0.0100%8h0.3673+0.022%$7.4M$9.1M50xas long as short
Bitget CRVUSDT+0.0100%8h0.3670−0.060%$7.0M$5.6M75xas long as short
BingX CRV-USDC+0.0100%8h0.3669−0.087%$1.7Mas long as short
Variational Omni CRV+0.0100%8h0.3673+0.022%$1.1M$111Kas long as short
edgeX CRVUSDC+0.0100%4h0.3673+0.020%$38K$173K20xas long as short
GRVT CRV_USDT_Perp+0.0100%8h0.3670−0.060%$513K$419K10xas long as short
ApeX Omni CRVUSDT+0.0100%1h0.3672−0.005%$60K$695K50xas long as short
SunX CRV-USDT+0.0100%8h0.3698+0.703%$1K$1.3M20xas long as short
Extended CRV-USD+0.0104%1h0.3669−0.093%$244K$882K25xas long as short
Aevo CRV-PERP+0.0104%1h0.3676+0.103%$19K3xas long as short
BloFin CRV-USDT+0.0220%8h0.3673+0.022%$1.4M$4.4M75xas long as short
Hyperliquid CRV+0.0377%1h0.3673+0.033%$22.8M$16.5M10xas long as short
Coinbase International CRV-PERP-INTX+0.0384%1h0.3684+0.321%$388K$4.7M50xas long as short
GMX CRV/USD [ETH-USDC]L +0.0445% / S −0.0192%1h0.3669−0.074%$232K100xas long as short
Backpack CRV_USDC_PERP+0.0476%1h0.3674+0.052%$107K$292K10xas long as short
Deribit CRV_USDC-PERPETUAL+0.1110%1h0.3681+0.240%$57K$50K25xas long as short