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

CRV

all CRV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: ApeX Omni against Lighter+0.234%48s7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$450.447% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.109%+$11 on $10k
Price spread, last 3 days (all we have)+0.256%+$26 · spread now +0.234%, 7d avg +0.023%
Together, before fees+0.365%+ Points / potential airdropLighter: Season 3 · farm board+$36 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: ApeX Omni is 0.210% dearer against Lighter than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of +0.023%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter CRV0.36380.0096pay 0.0012% / 1h20m 49s$412K$698K10x
ShortApeX Omni CRVUSDT0.36460.0100get 0.0013% / 1h20m 49s$60K$693K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Lighter. 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: +0.234% → +0.023%
$21.03
Slippage, 4 orders
−$34.65
Fee Lighter: 0 bp × 2 orders
$0
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$22.78
Costs to cover
0.447%
Break-even
196.9 days
Slippage from Lighter: live order book, 64 min ago; ApeX Omni: live order book, 67 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 Lighter live order book, 64 min ago2.88 bp8.6 bp −$923.9 bp −$239doesn't fitdoesn't fit
Sell ApeX Omni live order book, 67 min ago8.22 bp15.2 bp −$1594.4 bp −$944doesn'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
Deribit CRV_USDC-PERPETUAL−0.1123%1h0.3637−0.014%$57K$48K25xas long as short
Injective CRV/USDC PERP−0.0103%1h0.3630−0.206%$78$265K12xas long as short
Reya CRVRUSDPERP−0.0049%1h0.3640+0.057%$1615xas long as short
dYdX CRV-USD0.0000%1h0.3647+0.273%$38K$4K10xas long as short
Phoenix CRV0.0000%1h0.3653+0.412%$26K$193K10xas long as short
Orderly PERP_CRV_USDC+0.0095%8h0.3639+0.041%$24K$70110xas long as short
Lighter CRVlong+0.0096%1h0.3638long leg$412K$698K10x
Aster CRVUSDT+0.0100%8h0.3638+0.008%$130K$186K10xas long as short
Pacifica CRV+0.0100%1h0.3650+0.332%$375K$173K10xas long as short
Binance CRVUSDT+0.0100%8h0.3636−0.040%$25.4M$58.3M75xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit CRVUSDT+0.0100%8h0.3638+0.014%$27.7M$17.3M75xas long as short
OKX CRV-USDT-SWAP+0.0100%8h0.3637−0.014%$8.6M$22.5M50xas long as short
Gate CRV_USDT+0.0100%8h0.3641+0.096%$2.0M$1.3M50xas long as short
MEXC CRV_USDT+0.0100%8h0.3637−0.014%$14.6M$5.7M125xas long as short
KuCoin CRVUSDTM+0.0100%8h0.3641+0.096%$7.0M$9.2M50xas long as short
Bitget CRVUSDT+0.0100%8h0.3640+0.069%$6.9M$5.8M75xas long as short
BingX CRV-USDC+0.0100%8h0.3638+0.014%$1.7Mas long as short
Variational Omni CRV+0.0100%8h0.3659+0.601%$1.1M$152Kas long as short
edgeX CRVUSDC+0.0100%4h0.3645+0.202%$38K$172K20xas long as short
GRVT CRV_USDT_Perp+0.0100%8h0.3650+0.340%$508K$462K10xas long as short
ApeX Omni CRVUSDTshort+0.0100%1h0.3646+0.234%$60K$693K50x
SunX CRV-USDT+0.0100%8h0.3688+1.388%$2K$1.3M20xas long as short
Extended CRV-USD+0.0104%1h0.3637−0.026%$242K$886K25xas long as short
Aevo CRV-PERP+0.0104%1h0.3640+0.056%$19K$9K3xas long as short
Kraken Futures PF_CRVUSD+0.0163%1h0.3643+0.164%$3.1M$3.5M50xas long as short
BloFin CRV-USDT+0.0220%8h0.3640+0.069%$1.4M$4.8M75xas long as short
Hyperliquid CRV+0.0303%1h0.3645+0.198%$22.4M$17.1M10xas long as short
Coinbase International CRV-PERP-INTX+0.0384%1h0.3650+0.344%$389K$4.9M50xas long as short
GMX CRV/USD [ETH-USDC]L +0.0401% / S −0.0160%1h0.3644+0.173%$216K100xas long as short
Backpack CRV_USDC_PERP+0.0488%1h0.3641+0.093%$104K$362K10xas long as short