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

CRV

all CRV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against BingX−0.046%7-day average +0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$480.475% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.114%−$11 on $10k
Price spread, last 4 days (all we have)+0.342%+$34 · spread now −0.046%, 7d avg +0.060%
Together, before fees+0.228%+ Points / potential airdropLighter: Season 3 · farm board+$23 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 0.106% cheaper against BingX than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.060%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX CRV-USDT0.36640.0100pay 0.0100% / 8h5h 53m$23.6M
ShortLighter CRV0.36620.0096get 0.0012% / 1h53m 49s$385K$703K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against BingX. 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: −0.046% → +0.060%
−$10.63
Slippage, 4 orders
−$37.51
Fee BingX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$58.98
Costs to cover
0.475%
Break-even
never at this rate
Slippage from BingX: live order book, 15 min ago; Lighter: live order book, 6 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 BingX live order book, 15 min ago4.11 bp15.3 bp −$1527.7 bp −$27782.7 bp −$8,267307.5 bp −$153.8K
Sell Lighter live order book, 6 min ago4.22 bp11.0 bp −$1139.5 bp −$395doesn't fitdoesn't fit

CRV on 29 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
ApeX Omni CRVUSDT−0.0154%1h0.3650−0.382%$53K$688K50xas long as short
Phoenix CRV−0.0066%1h0.3675+0.300%$26K$168K10xas long as short
Reya CRVRUSDPERP−0.0048%1h0.3662−0.044%$1615xas long as short
Deribit CRV_USDC-PERPETUAL−0.0023%1h0.36640.000%$56K$49K25xas long as short
dYdX CRV-USD0.0000%1h0.3663−0.034%$38K$7K10xas long as short
Injective CRV/USDC PERP+0.0033%1h0.3670+0.164%$79$384K12xas long as short
Orderly PERP_CRV_USDC+0.0095%8h0.36640.000%$24K$90210xas long as short
Lighter CRVshort+0.0096%1h0.3662−0.046%$385K$703K10x
Hyperliquid CRV+0.0100%1h0.3670+0.161%$22.3M$15.0M10xas long as short
Aster CRVUSDT+0.0100%8h0.3664−0.001%$130K$180K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica CRV+0.0100%1h0.3660−0.096%$371K$198K10xas long as short
Binance CRVUSDT+0.0100%8h0.3662−0.045%$25.3M$54.3M75xas long as short
Bybit CRVUSDT+0.0100%8h0.3661−0.082%$27.8M$17.5M75xas long as short
OKX CRV-USDT-SWAP+0.0100%8h0.3662−0.055%$8.8M$20.5M50xas long as short
Gate CRV_USDT+0.0100%8h0.36640.000%$1.9M$1.3M50xas long as short
MEXC CRV_USDT+0.0100%8h0.36640.000%$14.7M$5.3M125xas long as short
KuCoin CRVUSDTM+0.0100%8h0.3663−0.027%$6.3M$8.9M50xas long as short
Bitget CRVUSDT+0.0100%8h0.3666+0.055%$6.9M$5.2M75xas long as short
BingX CRV-USDTlong+0.0100%8h0.3664long leg$23.6M
Backpack CRV_USDC_PERP+0.0100%1h0.3664+0.011%$97K$268K10xas long as short
Variational Omni CRV+0.0100%8h0.3686+0.597%$1.1M$101Kas long as short
edgeX CRVUSDC+0.0100%4h0.3653−0.294%$38K$172K20xas long as short
GRVT CRV_USDT_Perp+0.0100%8h0.3657−0.187%$515K$416K10xas long as short
SunX CRV-USDT+0.0100%8h0.3708+1.201%$2K$1.3M20xas long as short
Extended CRV-USD+0.0104%1h0.3661−0.092%$243K$474K25xas long as short
Aevo CRV-PERP+0.0104%1h0.36640.000%$13K$6K3xas long as short
Coinbase International CRV-PERP-INTX+0.0344%1h0.3667+0.082%$385K$4.1M50xas long as short
Kraken Futures PF_CRVUSD+0.0370%1h0.3670+0.152%$3.1M$2.6M50xas long as short
GMX CRV/USD [ETH-USDC]L +0.0435% / S −0.0188%1h0.3663−0.028%$221K100xas long as short