Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Bybit against Lighter+0.024%7-day average −0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$380.383% of the position
Funding, last 7 days+0.031%+$3 on $10k
+Price spread, last 4 days (all we have)−0.247%−$25 · spread now +0.024%, 7d avg −0.080%
=Together, before fees−0.217%+ Points / potential airdropLighter: Season 3 · farm board−$22 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: Bybit is 0.105% dearer against Lighter than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.080%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CRV | 0.3685 | 0.0096 | pay 0.0012% / 1h | 42m 47s | $417K | $701K | 10x |
| Short | Bybit CRVUSDT | 0.3686 | 0.0100 | get 0.0100% / 8h | 1h 42m | $28.0M | $17.2M | 75x |
Lighter CRV
Bybit CRVUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.024% → −0.080%
- $10.45
- Slippage, 4 orders
- −$27.29
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$27
- Costs to cover
- 0.383%
- Break-even
- 232.0 days
Slippage from Lighter: live order book, 37 min ago; Bybit: live order book, 1 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, 37 min ago | 3.30 bp | 3.6 bp −$4 | 18.3 bp −$183 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 1.36 bp | 12.2 bp −$12 | 24.1 bp −$241 | 226.0 bp −$22.6K | 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 | −0.0292% | 1h | 0.3686 | +0.024% | $57K | $48K | 25x | as long as short |
| Injective CRV/USDC PERP | −0.0228% | 1h | 0.3620 | −1.767% | $78 | $318K | 12x | as long as short |
| Phoenix CRV | −0.0176% | 1h | 0.3673 | −0.328% | $26K | $181K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0049% | 1h | 0.3686 | +0.030% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3686 | +0.013% | $38K | $4K | 10x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0027% | 1h | 0.3691 | +0.164% | $3.1M | $3.2M | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3687 | +0.052% | $25K | $1K | 10x | as long as short |
| Lighter CRVlong | +0.0096% | 1h | 0.3685 | long leg | $417K | $701K | 10x | |
| Aster CRVUSDT | +0.0100% | 8h | 0.3692 | +0.190% | $132K | $186K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3686 | +0.015% | $379K | $187K | 10x | as long as short |
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Phoenix CRV
Reya CRVRUSDPERP
dYdX CRV-USD
Kraken Futures PF_CRVUSD
Orderly PERP_CRV_USDC
Aster CRVUSDT
Pacifica CRVShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CRVUSDT | +0.0100% | 8h | 0.3684 | −0.019% | $25.8M | $57.5M | 75x | as long as short |
| Bybit CRVUSDTshort | +0.0100% | 8h | 0.3686 | +0.024% | $28.0M | $17.2M | 75x | |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3683 | −0.057% | $8.8M | $22.4M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3692 | +0.187% | $2.0M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3685 | −0.003% | $14.8M | $5.5M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3690 | +0.133% | $7.2M | $9.1M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3688 | +0.079% | $7.0M | $5.6M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3686 | +0.024% | — | $21.6M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3673 | −0.324% | $1.1M | $137K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3675 | −0.282% | $38K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3675 | −0.272% | $512K | $437K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3676 | −0.247% | $61K | $696K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3726 | +1.110% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3691 | +0.150% | $245K | $883K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3686 | +0.036% | $19K | $9K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3684 | −0.030% | $1.4M | $4.6M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0376% | 1h | 0.3691 | +0.160% | $391K | $4.8M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0404% / S −0.0160% | 1h | 0.3687 | +0.062% | $219K | — | 100x | as long as short |
| Hyperliquid CRV | +0.0450% | 1h | 0.3693 | +0.206% | $22.9M | $16.9M | 10x | as long as short |
| Backpack CRV_USDC_PERP | +0.0454% | 1h | 0.3691 | +0.163% | $108K | $362K | 10x | as long as short |
Binance CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDT
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Hyperliquid CRV
Backpack CRV_USDC_PERP