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

CRV

all CRV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against edgeX+0.408%79s7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$670.666% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.128%−$13 on $10k
Price spread, last 4 days (all we have)−0.591%−$59 · spread now +0.408%, 7d avg +0.060%
Together, before fees−0.720%+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm board−$72 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: Lighter is 0.348% dearer against edgeX than usual: you sell high and buy low, +$35 on $10k if it goes back to its 7-day average of +0.060%. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX CRVUSDC0.35730.0100pay 0.0050% / 4h2h 18m$37K$174K20x
ShortLighter CRV0.35870.0096get 0.0012% / 1h18m 14s$381K$704K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against edgeX. 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: +0.408% → +0.060%
$34.78
Slippage, 4 orders
−$57.6
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Lighter: 0 bp × 2 orders
$0
Net
−$32.66
Costs to cover
0.666%
Break-even
never at this rate
Slippage from edgeX: live order book, 28 min ago; Lighter: live order book, 27 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 edgeX live order book, 28 min ago22.32 bp26.8 bp −$2764.7 bp −$647doesn't fitdoesn't fit
Sell Lighter live order book, 27 min ago3.49 bp8.4 bp −$841.6 bp −$416doesn'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
Backpack CRV_USDC_PERP−0.0057%1h0.3588+0.424%$94K$261K10xas long as short
Reya CRVRUSDPERP−0.0048%1h0.3584+0.311%$1515xas long as short
Deribit CRV_USDC-PERPETUAL−0.0029%1h0.3589+0.452%$54K$45K25xas long as short
dYdX CRV-USD0.0000%1h0.3585+0.331%$37K$8K10xas long as short
Injective CRV/USDC PERP+0.0033%1h0.3670+2.720%$79$384K12xas long as short
Phoenix CRV+0.0045%1h0.3562−0.312%$25K$177K10xas long as short
Variational Omni CRV+0.0083%8h0.3569−0.111%$1.1M$95Kas long as short
Lighter CRVshort+0.0096%1h0.3587+0.408%$381K$704K10x
Hyperliquid CRV+0.0100%1h0.3589+0.441%$20.8M$16.2M10xas long as short
Aster CRVUSDT+0.0100%8h0.3588+0.431%$113K$193K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica CRV+0.0100%1h0.3583+0.277%$364K$198K10xas long as short
Binance CRVUSDT+0.0100%8h0.3588+0.424%$24.8M$56.4M75xas long as short
Bybit CRVUSDT+0.0100%8h0.3583+0.285%$27.0M$19.0M75xas long as short
OKX CRV-USDT-SWAP+0.0100%8h0.3587+0.396%$8.7M$20.3M50xas long as short
Gate CRV_USDT+0.0100%8h0.3587+0.396%$1.9M$1.4M50xas long as short
MEXC CRV_USDT+0.0100%8h0.3587+0.396%$12.7M$5.6M125xas long as short
KuCoin CRVUSDTM+0.0100%8h0.3587+0.396%$6.0M$8.3M50xas long as short
Bitget CRVUSDT+0.0100%8h0.3590+0.480%$6.7M$5.3M75xas long as short
BingX CRV-USDC+0.0100%8h0.3585+0.341%$1.6Mas long as short
edgeX CRVUSDClong+0.0100%4h0.3573long leg$37K$174K20x
GRVT CRV_USDT_Perp+0.0100%8h0.3559−0.376%$500K$431K10xas long as short
ApeX Omni CRVUSDT+0.0100%1h0.3557−0.443%$53K$683K50xas long as short
Orderly PERP_CRV_USDC+0.0100%8h0.3589+0.452%$24K$90210xas long as short
SunX CRV-USDT+0.0100%8h0.3668+2.664%$1K$1.3M20xas long as short
Extended CRV-USD+0.0104%1h0.3587+0.406%$253K$494K25xas long as short
Aevo CRV-PERP+0.0104%1h0.3588+0.436%$13K$6K3xas long as short
BloFin CRV-USDT+0.0220%8h0.3585+0.341%$1.3M$3.9M75xas long as short
GMX CRV/USD [ETH-USDC]L +0.0415% / S −0.0177%1h0.3586+0.356%$209K100xas long as short
Coinbase International CRV-PERP-INTX+0.0432%1h0.3592+0.536%$360K$4.2M50xas long as short
Kraken Futures PF_CRVUSD+0.0677%1h0.3593+0.572%$3.0M$2.6M50xas long as short