Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Bitget against Lighter+0.165%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$480.485% of the position
Funding, last 7 days+0.113%+$11 on $10k
+Price spread, last 4 days (all we have)−0.732%−$73 · spread now +0.165%, 7d avg −0.027%
=Together, before fees−0.619%+ Points / potential airdropLighter: Season 3 · farm board−$62 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: Bitget is 0.192% dearer against Lighter than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CRV | 0.3628 | 0.0096 | pay 0.0012% / 1h | 37m 59s | $412K | $695K | 10x |
| Short | Bitget CRVUSDT | 0.3634 | 0.0100 | get 0.0100% / 8h | 2h 37m | $6.9M | $5.8M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
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: +0.165% → −0.027%
- $19.22
- Slippage, 4 orders
- −$36.45
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$28.39
- Costs to cover
- 0.485%
- Break-even
- 243.6 days
Slippage from Lighter: live order book, 46 min ago; Bitget: live order book, 5 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 46 min ago | 2.88 bp | 8.6 bp −$9 | 23.9 bp −$239 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 4.14 bp | 16.8 bp −$17 | 20.9 bp −$209 | doesn't fit | doesn't fit |
CRV on 30 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit CRV_USDC-PERPETUAL | −0.0576% | 1h | 0.3627 | −0.028% | $57K | $48K | 25x | as long as short |
| Injective CRV/USDC PERP | −0.0103% | 1h | 0.3630 | +0.055% | $78 | $265K | 12x | as long as short |
| Reya CRVRUSDPERP | −0.0049% | 1h | 0.3625 | −0.071% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3626 | −0.062% | $37K | $4K | 10x | as long as short |
| Phoenix CRV | 0.0000% | 1h | 0.3623 | −0.146% | $26K | $193K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0096% | 8h | 0.3628 | 0.000% | $24K | $701 | 10x | as long as short |
| Lighter CRVlong | +0.0096% | 1h | 0.3628 | long leg | $412K | $695K | 10x | |
| Aster CRVUSDT | +0.0100% | 8h | 0.3627 | −0.016% | $130K | $186K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3623 | −0.136% | $367K | $166K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3630 | +0.055% | $25.4M | $58.3M | 75x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CRVUSDT | +0.0100% | 8h | 0.3630 | +0.055% | $27.6M | $17.2M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3633 | +0.138% | $8.6M | $22.4M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3629 | +0.028% | $2.0M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3628 | 0.000% | $14.4M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3631 | +0.083% | $7.0M | $9.2M | 50x | as long as short |
| Bitget CRVUSDTshort | +0.0100% | 8h | 0.3634 | +0.165% | $6.9M | $5.8M | 75x | |
| BingX CRV-USDT | +0.0100% | 8h | 0.3630 | +0.055% | — | $21.6M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3624 | −0.124% | $1.1M | $151K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3623 | −0.149% | $37K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3620 | −0.213% | $510K | $462K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3625 | −0.083% | $60K | $695K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3659 | +0.854% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3632 | +0.099% | $241K | $886K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3629 | +0.014% | $19K | $9K | 3x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0164% | 1h | 0.3631 | +0.085% | $3.1M | $3.5M | 50x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3618 | −0.276% | $1.4M | $4.7M | 75x | as long as short |
| Hyperliquid CRV | +0.0306% | 1h | 0.3635 | +0.193% | $22.3M | $17.0M | 10x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3628 | 0.000% | $388K | $4.8M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0401% / S −0.0160% | 1h | 0.3629 | +0.027% | $215K | — | 100x | as long as short |
| Backpack CRV_USDC_PERP | +0.0423% | 1h | 0.3633 | +0.132% | $104K | $362K | 10x | as long as short |
Lighter CRV
Bitget CRVUSDT
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Phoenix CRV
Aster CRVUSDT
Pacifica CRV
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
BingX CRV-USDT
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
Kraken Futures PF_CRVUSD
BloFin CRV-USDT
Hyperliquid CRV
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Backpack CRV_USDC_PERP